Vietnam - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights
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Contents:
- Hot-Dipped Metal-Coated Sheet Price in Vietnam (FOB) - 2022
- Hot-Dipped Metal-Coated Sheet Price in Vietnam (CIF) - 2022
- Hot-Dipped Metal-Coated Sheet Exports in Vietnam
- Hot-Dipped Metal-Coated Sheet Imports in Vietnam
Hot-Dipped Metal-Coated Sheet Price in Vietnam (FOB) - 2022
The average hot-dipped metal-coated sheet export price stood at $1,253 per ton in 2022, picking up by 10% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet export price increased by +52.5% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Indonesia ($1,287 per ton) and Mexico ($1,276 per ton), while the average price for exports to the UK ($1,217 per ton) and Canada ($1,218 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 Portugal (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hot-Dipped Metal-Coated Sheet Price in Vietnam (CIF) - 2022
In 2022, the average hot-dipped metal-coated sheet import price amounted to $1,322 per ton, growing by 17% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2018 when the average import price increased by 52% against the previous year. Over the period under review, average import prices hit record highs 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 Japan ($1,465 per ton) and South Korea ($1,322 per ton), while the price for China ($1,292 per ton) and Taiwan (Chinese) ($1,292 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Hot-Dipped Metal-Coated Sheet Exports in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of hot-dipped metal-coated sheet, when their volume decreased by -51.8% to 1.6M tons. Overall, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 200%. As a result, the exports attained the peak of 3.4M tons, and then contracted rapidly in the following year.
In value terms, hot-dipped metal-coated sheet exports shrank sharply to $2B in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 314%. As a result, the exports attained the peak of $3.8B, and then reduced markedly in the following year.
| Export of Hot-Dipped Metal-Coated Sheet in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 115 | 67.7 | 909 | 422 | 54.2% |
| Belgium | 15.7 | 37.2 | 925 | 379 | 189.0% |
| Cambodia | 158 | 224 | 239 | 225 | 12.5% |
| Spain | N/A | 3.6 | 186 | 177 | 601.2% |
| Malaysia | 84.8 | 70.1 | 147 | 130 | 15.3% |
| United Kingdom | 10.6 | 28.8 | 442 | 122 | 125.8% |
| Canada | 99.3 | N/A | 143 | 98.7 | -0.2% |
| Indonesia | 126 | 99.4 | 86.8 | 91.6 | -10.1% |
| Australia | 11.3 | 5.8 | 25.5 | 78.9 | 91.1% |
| Portugal | N/A | 12.4 | 119 | 77.4 | 149.8% |
| Italy | 1.6 | 1.4 | 149 | 70.6 | 253.4% |
| Thailand | 14.8 | 148 | 94.3 | 39.6 | 38.8% |
| Mexico | 82.0 | 139 | 261 | 34.5 | -25.1% |
| Others | 76.5 | 89.0 | 113 | 94.9 | 7.4% |
| Total | 795 | 927 | 3,840 | 2,040 | 36.9% |
Top Export Markets for Hot-Dipped Metal-Coated Sheet from Vietnam in 2022:
- United States (331.9K tons)
- Belgium (304.0K tons)
- Cambodia (178.5K tons)
- Spain (144.4K tons)
- Malaysia (102.5K tons)
- United Kingdom (99.9K tons)
- Canada (81.0K tons)
- Indonesia (71.2K tons)
- Australia (62.5K tons)
- Portugal (62.0K tons)
- Italy (56.5K tons)
- Thailand (32.1K tons)
- Mexico (27.1K tons)
Hot-Dipped Metal-Coated Sheet Imports in Vietnam
In 2022, the amount of hot-dipped metal-coated sheet imported into Vietnam dropped markedly to 170K tons, which is down by -42.2% against the previous year's figure. Overall, imports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 9.7% against the previous year.
In value terms, hot-dipped metal-coated sheet imports dropped dramatically to $225M in 2022. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $332M, and then fell sharply in the following year.
| Import of Hot-Dipped Metal-Coated Sheet in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 190 | 139 | 221 | 128 | -12.3% |
| South Korea | 28.4 | 41.6 | 76.4 | 56.2 | 25.5% |
| Japan | 20.1 | 20.2 | 25.5 | 31.5 | 16.2% |
| Taiwan (Chinese) | 4.9 | 1.4 | 4.4 | 6.3 | 8.7% |
| Others | 9.9 | 6.4 | 4.5 | 2.4 | -37.6% |
| Total | 253 | 209 | 332 | 225 | -3.8% |
Top Suppliers of Hot-Dipped Metal-Coated Sheet to Vietnam in 2022:
- China (99.3K tons)
- South Korea (42.5K tons)
- Japan (21.5K tons)
- Taiwan (Chinese) (4.9K tons)
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24105130 - Hot-dipped metal coated sheet and strip of a width . .600 mm
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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