Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Vietnam - 2022

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Vietnam (FOB) - 2022
2. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Vietnam

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Vietnam (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $2,037 per ton, with an increase of 61% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 118% against the previous year. Over the period under review, the average export prices reached the maximum at $3,834 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($3,736 per ton), while the average price for exports to Myanmar ($1,581 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 Cambodia (+56.1%), while the prices for the other major destinations experienced a decline.

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Vietnam

In 2022, overseas shipments of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -52.6% to 123 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,880% against the previous year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels declined notably to $251K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,237% against the previous year. As a result, the exports attained the peak of $353K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Vietnam in 2022:

1. Japan (76.0 tons)
2. South Korea (22.6 tons)
3. Taiwan (Chinese) (8.8 tons)
4. China (4.8 tons)
5. Myanmar (4.6 tons)
6. Hong Kong SAR (3.2 tons)
7. Cambodia (2.0 tons)
8. Singapore (1.2 tons)