Vietnam - Aluminium and Titanium - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAluminium and Titanium Price in Vietnam - 2021
Contents:
- Aluminium and Titanium Price in Vietnam (CIF) - 2022
- Aluminium and Titanium Price in Vietnam (FOB) - 2022
- Aluminium and Titanium Imports in Vietnam
- Aluminium and Titanium Exports in Vietnam
Aluminium and Titanium Price in Vietnam (CIF) - 2022
The average aluminium and titanium import price stood at $2,274 per ton in 2022, shrinking by -11.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 36%. As a result, import price attained the peak level of $2,581 per ton, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($3,157 per ton), while the price for Oman ($1,909 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium and Titanium Price in Vietnam (FOB) - 2022
In 2022, the average aluminium and titanium export price amounted to $2,216 per ton, declining by -10.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 30% against the previous year. As a result, the export price attained the peak level of $2,465 per ton, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($4,463 per ton), while the average price for exports to the United Arab Emirates ($2,215 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 South Korea (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium and Titanium Imports in Vietnam
After three years of growth, purchases abroad of aluminium and titanium decreased by -9.3% to 537K tons in 2022. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of 592K tons, and then contracted in the following year.
In value terms, aluminium and titanium imports contracted sharply to $1.2B in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 67%. As a result, imports reached the peak of $1.5B, and then dropped sharply in the following year.
| Import of Aluminium and Titanium in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 30.6 | 12.4 | 40.9 | 560 | 163.5% |
| India | 23.2 | 34.9 | 227 | 206 | 107.1% |
| Australia | 168 | 194 | 285 | 201 | 6.2% |
| Malaysia | 326 | 284 | 395 | 189 | -16.6% |
| Oman | 3.1 | 6.3 | 24.2 | 20.5 | 87.7% |
| Taiwan (Chinese) | 44.8 | 43.8 | 61.6 | 2.8 | -60.3% |
| Qatar | 18.7 | 21.2 | 34.3 | 1.2 | -60.0% |
| China | 111 | 37.2 | 38.6 | 1.1 | -78.5% |
| Indonesia | 29.0 | 24.6 | 53.6 | 0.7 | -71.1% |
| South Korea | 144 | 174 | 249 | 0.4 | -85.9% |
| Thailand | 35.1 | 29.6 | 46.2 | 0.3 | -79.6% |
| Others | 42.2 | 49.9 | 72.1 | 37.4 | -3.9% |
| Total | 975 | 913 | 1,527 | 1,220 | 7.8% |
Top Suppliers of Aluminium and Titanium to Vietnam in 2022:
- United Arab Emirates (247.9K tons)
- Malaysia (89.5K tons)
- India (89.4K tons)
- Australia (80.1K tons)
- Oman (10.7K tons)
- Taiwan (Chinese) (1.1K tons)
- Qatar (0.5K tons)
- China (0.5K tons)
- Indonesia (0.4K tons)
- Thailand (0.2K tons)
- South Korea (0.1K tons)
Aluminium and Titanium Exports in Vietnam
After three years of growth, overseas shipments of aluminium and titanium decreased by -11.4% to 261K tons in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 35% against the previous year.
In value terms, aluminium and titanium exports declined significantly to $579M in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. As a result, the exports attained the peak of $727M, and then shrank significantly in the following year.
| Export of Aluminium and Titanium in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | N/A | N/A | 578 | 1694.6% |
| Thailand | 19.4 | 19.2 | 45.0 | 0.2 | -78.2% |
| China | 39.4 | 123 | 158 | N/A | 100.3% |
| Egypt | 58.9 | 56.3 | 22.4 | N/A | -38.3% |
| Mexico | 58.6 | 76.9 | 113 | N/A | 38.9% |
| Taiwan (Chinese) | 28.1 | 30.3 | 60.3 | N/A | 46.5% |
| Others | 114 | 125 | 328 | 0.5 | -83.6% |
| Total | 318 | 431 | 727 | 579 | 22.1% |
Top Export Markets for Aluminium and Titanium from Vietnam in 2022:
- China (undefinedK tons)
- Taiwan (Chinese) (undefinedK tons)
- United Arab Emirates (261.0K tons)
- Thailand (0.1K tons)
This report provides an in-depth analysis of the aluminium and titanium 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:
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
133
This report provides an in-depth analysis of the aluminium and titanium market in Vietnam.
3082
This report provides an in-depth analysis of the aluminum market in Vietnam.
1033
This report provides an in-depth analysis of the aluminium market in Vietnam.
442
This report provides an in-depth analysis of the unwrought aluminium alloys market in Vietnam.
110
This report provides an in-depth analysis of the global aluminium and titanium market.
7091
This report provides an in-depth analysis of the global aluminum market.
1484
This report provides an in-depth analysis of the global aluminium market.
1306
This report provides an in-depth analysis of the global unwrought aluminium alloys market.
133
This report provides an in-depth analysis of the aluminium and titanium market in Vietnam.
3082
This report provides an in-depth analysis of the aluminum market in Vietnam.
488
Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.
1286
Throughout this year, global aluminum prices continuously grew and in October 2021 gained 62% compared to October 2020. China's output has decreased due to restrictions on energy usage and halted production at a 300K-ton capacity factory in Yunnan province. As a consequence, the average yearly price in 2022 is projected to rise by 6% y-o-y. Despite rising prices, the U.S., the world´s largest aluminum importer, expanded its purchases by 4.5% against 2020.
677
Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.
782
In value terms, aluminum articles imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern in...
614
In value terms, aluminum table, kitchen and other household articles imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to...
684
In value terms, aluminium stranded wire, cables, plaited bands imports stood at $X in 2016. Overall, aluminium stranded wire, cables, plaited bands imports continue to indicate a relatively flat tren...
947
In value terms, aluminum containers for compressed and liquefied gas imports amounted to $X in 2016. Overall, it indicated a tangible increase from 2007 to 2016: the total imports value decreased a...
1007
In value terms, aluminium casks, drums, cans, boxes imports stood at $X in 2016. In general, aluminium casks, drums, cans, boxes imports continue to indicate a relatively flat trend pattern. Global...
947
In value terms, aluminum reservoirs, tanks and vats imports stood at $X in 2016. Overall, aluminum reservoirs, tanks and vats imports continue to indicate a slight slump. Over the period under revi...
1059
In value terms, aluminum plates, sheets and strip imports totaled $X in 2016. In general, aluminum plates, sheets and strip imports continue to indicate a relatively flat trend pattern. In that year...
