Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam - 2022

Contents:

1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam (CIF) - 2022
2. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam (FOB) - 2022
3. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam
4. Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam (CIF) - 2022

The average import price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $60,504 per unit in 2022, shrinking by -22.9% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 57%. Over the period under review, average import prices attained the peak figure at $106,460 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($86,142 per unit), while the price for Thailand ($152 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+55.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam (FOB) - 2022

The average export price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $28,470 per unit in 2022, reducing by -6.1% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2014 when the average export price increased by 80%. As a result, the export price attained the peak level of $70,475 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($38,627 per unit), while the average price for exports to South Korea totaled $13,235 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+396.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam

In 2022, the amount of metal-rolling mills; hot or combination hot and cold rolling millses imported into Vietnam dropped to 31 units, shrinking by -11.4% compared with 2021. In general, imports recorded a significant decline. Imports peaked at 125 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses contracted dramatically to $1.9M in 2022. Over the period under review, imports faced a sharp reduction. The smallest decline of -13.8% was in 2021. Over the period under review, imports of attained the maximum at $9.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Vietnam in 2022:

1. South Korea (15.0 units)
2. China (10.0 units)
3. Taiwan (Chinese) (3.0 units)
4. Italy (1.0 units)
5. Thailand (1.0 units)
6. Japan (1.0 units)

Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Vietnam

In 2022, the amount of metal-rolling mills; hot or combination hot and cold rolling millses exported from Vietnam reduced sharply to 10 units, dropping by -23.1% compared with the previous year. In general, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 86%. As a result, the exports attained the peak of 13 units, and then reduced remarkably in the following year.

In value terms, exports of metal-rolling mills; hot or combination hot and cold rolling millses contracted remarkably to $285K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 47%. As a result, the exports attained the peak of $394K, and then contracted markedly in the following year.

Top Export Markets for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills from Vietnam in 2022:

1. United States (6.0 units)
2. South Korea (4.0 units)

Source: IndexBox Market Intelligence Platform