Vietnam: Copper Ore Market 2020

Copper Ore Market Size in Vietnam

The revenue of the copper ore market in Vietnam amounted to $X in 2017, flattening at the previous year. In general, copper ore consumption continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2008, when market value increased by X% year-to-year. Vietnam copper ore consumption peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Copper Ore Production in Vietnam

Copper ore production in Vietnam amounted to X tons in 2017, flattening at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. Vietnam copper ore production peaked in 2017, and is likely to continue its growth in the near future.

Copper Ore Exports by Country from Vietnam

In 2017, Chile (X tons), distantly followed by Peru (X tons), Australia (X tons) and Canada (X tons) represented the main exporters of copper ores and concentrates, together committing X% of total exports. The following exporters - Mexico (X tons), Mongolia (X tons), Brazil (X tons), Spain (X tons), Indonesia (X tons), Kazakhstan (X tons), the U.S. (X tons) and Namibia (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam (nan% per year), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Peru ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports. Indonesia, Canada, Brazil, Spain, Mexico, the U.S., Mongolia, Kazakhstan, Namibia and Vietnam lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries , Vietnam (nan% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Copper Ore Export Prices by Country in Vietnam

The copper ore export price in Vietnam stood at $X per ton in 2017, approximately mirroring by -% against the previous year. Over the last decade, it decreased at an average annual rate of nan%. The pace of growth was the most pronounced in 2008, when it surged by -% year-to-year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Indonesia ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.

Copper Ore Imports into Vietnam

In 2017, imports of copper ores and concentrates into Vietnam totaled X tons, dropping by -X% against the previous year. Overall, copper ore imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2014, when imports increased by X% y-o-y. Over the period under review, the copper ore imports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, copper ore imports stood at $X in 2017. In general, copper ore imports continue to indicate a skyrocketing growth. Vietnam imports peaked in 2017, and are likely to continue its growth in the near future.

Copper Ore Imports by Country into Vietnam

China was the largest importing country with an import of around X tons, which accounted for X% of total imports. The Philippines (X tons) held the second position in the ranking, followed by Japan (X tons) and Spain (X tons). All these countries together held near X% share of total imports. South Korea (X tons), India (X tons), Germany (X tons), Bulgaria (X tons), Taiwan, Chinese (X tons) and Zambia (X tons) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to copper ore imports into China stood at +X%. At the same time, the Philippines (+X%), Zambia (+X%), Taiwan, Chinese (+X%), Spain (+X%), Bulgaria (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany and Japan experienced a relatively flat trend pattern. By contrast, India (-X%) illustrated a downward trend over the same period. India (X%) significantly strengthened its position in terms of the global imports, while Taiwan, Chinese, Zambia, Spain, the Philippines and China saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported copper ores and concentrates into Vietnam, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and India (-X% per year).

Copper Ore Import Prices by Country in Vietnam

In 2017, the copper ore import price in Vietnam amounted to $X per ton, surging by X% against the previous year. Overall, copper ore import price continues to indicate a strong growth. The pace of growth appeared the most rapid in 2015, when the import prices increased by X% year-to-year. Vietnam import price peaked in 2017, and is likely to see steady growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform