Vietnam: Aluminium Pipe Fittings Market 2025

Aluminium Pipe Fittings Market Size in Vietnam

In 2021, after four years of growth, there was significant decline in the Vietnamese aluminium pipe fittings market, when its value decreased by -19% to $X. In general, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.8% against 2016 indices. As a result, consumption attained the peak level of $X, and then fell rapidly in the following year.

Aluminium Pipe Fittings Production in Vietnam

In value terms, aluminium pipe fittings production declined to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.4% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 44%. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Aluminium Pipe Fittings Exports

Exports from Vietnam

In 2021, exports of aluminium tube or pipe fittings from Vietnam soared to X tons, growing by 48% compared with the previous year. In general, exports showed a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 81% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, aluminium pipe fittings exports surged to $X in 2021. Over the period under review, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 93% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), South Korea (X tons) and Japan (X tons) were the main destinations of aluminium pipe fittings exports from Vietnam, together accounting for 64% of total exports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +45.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Korea ($X) and Japan ($X) were the largest markets for aluminium pipe fittings exported from Vietnam worldwide, together comprising 68% of total exports.

Among the main countries of destination, South Korea, with a CAGR of +83.0%, recorded 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 pipe fittings export price stood at $X per ton in 2021, which is down by -15.8% against the previous year. Over the period under review, the export price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 21%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Japan ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to Canada ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Pipe Fittings Imports

Imports into Vietnam

For the tenth consecutive year, Vietnam recorded growth in purchases abroad of aluminium tube or pipe fittings, which increased by 7.5% to X tons in 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 110% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, aluminium pipe fittings imports totaled $X in 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 66%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons), South Korea (X tons) and Thailand (X tons) were the main suppliers of aluminium pipe fittings imports to Vietnam, together comprising 60% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +68.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium pipe fittings suppliers to Vietnam were China ($X), South Korea ($X) and Thailand ($X), together comprising 62% of total imports.

Among the main suppliers, Thailand, with a CAGR of +68.4%, 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

The average aluminium pipe fittings import price stood at $X per ton in 2021, increasing by 1.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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