Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $10,921 per ton, increasing by 26% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by +57.1% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 90%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($10,921 per ton) and Japan ($10,921 per ton), while the price for Thailand ($10,921 per ton) and South Korea ($10,921 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam (FOB) - 2022
The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $11,391 per ton in 2022, increasing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cambodia ($11,720 per ton) and Lao People's Democratic Republic ($11,718 per ton), while the average price for exports to Myanmar ($8,819 per ton) and the United Arab Emirates ($10,136 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam
In 2022, supplies from abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -16.5% to 2.1K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 1.4% against the previous year. As a result, imports reached the peak of 3.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $23M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 9.1%. As a result, imports attained the peak of $24M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.3 | 13.3 | 12.7 | 14.3 | 8.2% |
Japan | 2.0 | 2.4 | 1.9 | 2.6 | 9.1% |
South Korea | 4.0 | 5.1 | 5.0 | 1.9 | -22.0% |
United States | 0.4 | 0.4 | 0.5 | 1.2 | 44.2% |
Germany | 0.5 | 0.3 | 0.1 | 0.6 | 6.3% |
Spain | 1.0 | 0.4 | 0.3 | 0.6 | -15.7% |
Italy | 0.5 | 0.4 | 0.2 | 0.4 | -7.2% |
Others | 2.3 | 1.8 | 1.2 | 1.3 | -17.3% |
Total | 22.1 | 24.1 | 21.9 | 23.1 | 1.5% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Vietnam in 2022:
- China (1311.6 tons)
- Japan (241.7 tons)
- South Korea (175.8 tons)
- United States (114.3 tons)
- Germany (57.8 tons)
- Spain (56.9 tons)
- Italy (34.1 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam
In 2022, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Vietnam shrank dramatically to 69 tons, with a decrease of -46.5% against the previous year's figure. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of 129 tons, and then reduced sharply in the following year.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia dropped notably to $783K in 2022. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $1.3M, and then contracted rapidly in the following year.
Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 643 | 344 | 334 | 413 | -13.7% |
South Korea | 154 | 253 | 706 | 133 | -4.8% |
Myanmar | 130 | 32.0 | 15.2 | 52.6 | -26.0% |
United States | N/A | N/A | 32.2 | 46.4 | 44.1% |
Malaysia | N/A | 2.8 | 49.1 | 37.7 | 266.9% |
United Arab Emirates | 9.2 | 24.8 | 36.1 | 32.6 | 52.5% |
Lao People's Democratic Republic | 11.7 | 18.7 | 30.6 | 22.9 | 25.1% |
Cambodia | 10.8 | 17.5 | 32.9 | 11.3 | 1.5% |
Indonesia | 0.8 | 87.3 | N/A | N/A | 10812.5% |
Others | 61.8 | 29.5 | 31.3 | 34.1 | -18.0% |
Total | 1,021 | 809 | 1,267 | 783 | -8.5% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Vietnam in 2022:
- Japan (35.2 tons)
- South Korea (11.3 tons)
- Myanmar (6.0 tons)
- United States (4.0 tons)
- United Arab Emirates (3.2 tons)
- Malaysia (3.2 tons)
- Lao People's Democratic Republic (1.9 tons)
- Cambodia (1.0 tons)
This report provides an in-depth analysis of the market for stainless steel seamless pipe in Vietnam.
This report provides an in-depth analysis of the market for line pipe of steel other than stainless steel for oil or gas pipelines in Vietnam.
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of stainless steel in Vietnam.
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of non-stainless steel in Vietnam.
This report provides an in-depth analysis of the market for iron or steel pipe and tube in Vietnam.
This report provides an in-depth analysis of the global market for stainless steel seamless pipe.
This report provides an in-depth analysis of the global market for line pipe of steel other than stainless steel for oil or gas pipelines.
This report provides an in-depth analysis of the global market for seamless casing, tubing and drill oil or gas pipe of stainless steel.
This report provides an in-depth analysis of the global market for seamless casing, tubing and drill oil or gas pipe of non-stainless steel.
This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
In value terms, stainless steel in ingots and other primary forms imports totaled $X in 2016. In general, stainless steel in ingots and other primary forms imports continue to indicate a abrupt shr...
In value terms, stainless steel wire imports totaled $X in 2016. In general, stainless steel wire imports continue to indicate a moderate setback. Global stainless steel wire import peaked of $X>
In value terms, stainless steel in ingots and other primary forms exports amounted to $X in 2016. In general, stainless steel in ingots and other primary forms exports continue to indicate a deep d...
In value terms, stainless steel wire exports amounted to $X in 2016. In general, stainless steel wire exports continue to indicate a temperate deduction. Global stainless steel wire export peaked o...
Explore the top import markets for line pipe of steel other than stainless steel for oil or gas pipelines. Discover key statistics and insights on the leading countries in the global energy market.
Explore the top countries importing seamless casing, tubing, and drill oil or gas pipe of non-stainless steel. Discover key statistics and market insights.
Discover the top import markets for iron or steel pipe and tube globally. Explore key statistics and import values for countries like the United States, Germany, Canada, and more.
The revenue of the market for tubes, pipes and hollow profiles (of iron or steel) worldwide amounted to $124.6B in 2018, rising by 3.9% against the previous year. China (23M tons) constituted the country with the largest volume of consumption of tube
In value terms, seamless tubes, pipes and hollow profiles imports stood at $X in 2016. In general, seamless tubes, pipes and hollow profiles imports continue to indicate a deep downturn. In that yea...
In value terms, seamless tubes, pipes and hollow profiles exports stood at $X in 2016. In general, seamless tubes, pipes and hollow profiles exports continue to indicate a deep contraction. Global s...