Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam - 2022
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam (CIF) - 2022
In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $1,272 per ton, declining by -12.5% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the average import price increased by 60%. The import price peaked at $1,454 per ton in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,273 per ton) and Malaysia ($1,273 per ton), while the price for China ($1,273 per ton) and South Korea ($1,273 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam (FOB) - 2022
The average export price for tubes, pipes and hollow profiles, of cast iron stood at $1,592 per ton in 2022, increasing by 9.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 36%. Over the period under review, the average export prices attained the maximum at $1,623 per ton in 2020; afterwards, it flattened through to 2022.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($1,592 per ton) and Japan ($1,592 per ton), while the average price for exports to Lao People's Democratic Republic ($1,591 per ton) and Thailand ($1,592 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 Mexico (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam
In 2022, purchases abroad of tubes, pipes and hollow profiles, of cast iron was finally on the rise to reach 18K tons after two years of decline. Overall, imports, however, saw a abrupt curtailment.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $23M in 2022. In general, imports, however, saw a abrupt descent.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 25.9 | 11.6 | 12.5 | -15.5% |
| United Arab Emirates | 11.1 | 1.2 | 4.6 | 8.3 | -9.2% |
| India | 2.4 | 7.3 | 1.0 | 1.8 | -9.1% |
| Taiwan (Chinese) | 0.3 | 1.0 | 0.5 | 0.1 | -30.7% |
| Others | 0.8 | 0.3 | 0.3 | 0.4 | -20.6% |
| Total | 35.4 | 35.8 | 18.1 | 23.2 | -13.1% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Vietnam in 2022:
- China (9.8K tons)
- United Arab Emirates (6.6K tons)
- India (1.4K tons)
- Taiwan (Chinese) (0.1K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam
Exports of tubes, pipes and hollow profiles, of cast iron from Vietnam reduced to 669 tons in 2022, with a decrease of -4.3% compared with the year before. In general, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron rose to $1.1M in 2022. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 821 | 784 | 586 | 637 | -8.1% |
| Cambodia | 76.5 | 45.8 | 306 | 155 | 26.5% |
| Iraq | N/A | N/A | N/A | 126 | 0% |
| United States | 767 | 26.9 | 60.2 | 86.1 | -51.8% |
| Mexico | N/A | N/A | N/A | 20.2 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 19.2 | 0% |
| Thailand | N/A | 1.7 | N/A | 19.1 | 235.2% |
| Others | 20.3 | 4.3 | 67.3 | 1.7 | -56.2% |
| Total | 1,685 | 862 | 1,020 | 1,064 | -14.2% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Vietnam in 2022:
- Japan (400.2 tons)
- Cambodia (97.2 tons)
- Iraq (79.3 tons)
- United States (54.1 tons)
- Mexico (12.7 tons)
- Taiwan (Chinese) (12.0 tons)
- Thailand (12.0 tons)
508
This report provides an in-depth analysis of the market for iron or steel pipe and tube in Vietnam.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
508
This report provides an in-depth analysis of the market for iron or steel pipe and tube in Vietnam.
2489
This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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