Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam - 2022
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam (CIF) - 2022
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam (FOB) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam
- Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam (CIF) - 2022
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $4,928 per ton in 2022, jumping by 70% against the previous year. Overall, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($4,933 per ton) and Japan ($4,933 per ton), while the price for Thailand ($4,933 per ton) and South Korea ($4,933 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam (FOB) - 2022
In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $3,107 per ton, picking up by 51% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($5,929 per ton), while the average price for exports to India ($1,994 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam
In 2022, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds into Vietnam contracted markedly to 18K tons, declining by -24.1% compared with the year before. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds surged to $89M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 32.3 | 24.9 | 28.8 | 27.0 | -5.8% |
| China | 5.9 | 5.6 | 13.8 | 20.8 | 52.2% |
| India | 9.4 | 6.2 | 9.2 | 18.8 | 26.0% |
| Japan | 18.9 | 13.0 | 10.1 | 14.4 | -8.7% |
| Taiwan (Chinese) | 3.6 | 2.9 | 3.3 | 3.8 | 1.8% |
| Sweden | 4.3 | 1.6 | 1.8 | 1.5 | -29.6% |
| Others | 5.7 | 3.4 | 1.7 | 2.5 | -24.0% |
| Total | 80.0 | 57.6 | 68.8 | 88.8 | 3.5% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Vietnam in 2022:
- South Korea (5.5K tons)
- China (4.2K tons)
- India (3.8K tons)
- Japan (2.9K tons)
- Taiwan (Chinese) (0.8K tons)
- Sweden (0.3K tons)
Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam
In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds exported from Vietnam contracted slightly to 6.5K tons, reducing by -4.1% against the year before. Overall, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9% against the previous year.
In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds surged to $20M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.1 | 1.4 | 2.6 | 6.4 | 16.0% |
| India | 5.5 | 4.9 | 5.8 | 4.0 | -10.1% |
| United States | 2.0 | 2.2 | 2.0 | 2.5 | 7.7% |
| South Korea | 0.4 | 1.1 | 0.7 | 1.9 | 68.1% |
| France | 0.9 | N/A | 0.2 | 1.7 | 23.6% |
| Netherlands | N/A | 0.2 | 0.4 | 1.2 | 144.9% |
| Czech Republic | N/A | N/A | N/A | 0.5 | 0% |
| Turkey | 0.1 | 0.2 | 1.3 | 0.3 | 44.2% |
| Canada | 2.1 | 0.3 | 0.1 | 0.3 | -47.7% |
| Others | 1.3 | 1.3 | 0.8 | 1.4 | 2.5% |
| Total | 16.4 | 11.6 | 14.0 | 20.2 | 7.2% |
Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Vietnam in 2022:
- India (2019.9 tons)
- United Kingdom (1926.2 tons)
- South Korea (682.6 tons)
- United States (569.1 tons)
- France (331.4 tons)
- Netherlands (274.2 tons)
- Czech Republic (150.1 tons)
- Turkey (75.9 tons)
- Canada (54.0 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
