Vietnam: Aluminium Alloy Wire Market 2025

Aluminium Alloy Wire Market Size in Vietnam

The Vietnamese aluminium alloy wire market reduced to $X in 2022, waning by -3.8% against the previous year. In general, consumption recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 8.3% against the previous year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Aluminium Alloy Wire Production in Vietnam

In value terms, aluminium alloy wire production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 13%. Aluminium alloy wire production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Aluminium Alloy Wire Exports

Exports from Vietnam

Aluminium alloy wire exports from Vietnam amounted to X tons in 2022, remaining constant against the previous year. In general, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by 32% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy wire exports fell to $X in 2022. Overall, exports saw a strong expansion. The growth pace was the most rapid in 2017 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Japan (X tons), Italy (X tons) and Malaysia (X tons) were the main destinations of aluminium alloy wire exports from Vietnam, with a combined 86% share of total exports. Thailand, South Korea, Spain and China lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +119.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium alloy wire exported from Vietnam were Japan ($X), Italy ($X) and Malaysia ($X), with a combined 82% share of total exports. Thailand, South Korea, Spain and China lagged somewhat behind, together comprising a further 18%.

Among the main countries of destination, Thailand, with a CAGR of +119.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average aluminium alloy wire export price stood at $X per ton in 2022, with a decrease of -1.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 15%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Italy ($X 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 Lao People's Democratic Republic (+88.7%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Alloy Wire Imports

Imports into Vietnam

In 2022, imports of aluminium alloy wire into Vietnam was estimated at X tons, with an increase of 10% against the previous year. In general, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 128%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium alloy wire imports expanded remarkably to $X in 2022. Overall, imports saw a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 94%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), China (X tons) and Thailand (X tons) were the main suppliers of aluminium alloy wire imports to Vietnam, together comprising 86% of total imports. India, Japan, the United States, the Netherlands and South Korea lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +119.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium alloy wire suppliers to Vietnam were China ($X), Malaysia ($X) and Thailand ($X), with a combined 86% share of total imports. India, Japan, the United States, the Netherlands and South Korea lagged somewhat behind, together comprising a further 13%.

In terms of the main suppliers, India, with a CAGR of +125.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium alloy wire import price amounted to $X per ton, surging by 2.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2015 an increase of 23% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the Netherlands ($X 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 (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform