Vietnam: Articles Of Zinc Market 2025

Articles Of Zinc Market Size in Vietnam

In 2021, the Vietnamese articles of zinc market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Articles Of Zinc Production in Vietnam

In value terms, articles of zinc production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2017 when the production volume increased by 18% against the previous year. Articles of zinc production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Articles Of Zinc Exports

Exports from Vietnam

In 2021, articles of zinc exports from Vietnam rose remarkably to X tons, growing by 7% against the previous year's figure. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 146%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, articles of zinc exports reduced slightly to $X in 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 137%. Over the period under review, the exports attained the peak figure 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) was the main destination for articles of zinc exports from Vietnam, accounting for a 46% share of total exports. Moreover, articles of zinc exports to the United States exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+46.0% per year) and China (+43.9% per year).

In value terms, the United States ($X) remains the key foreign market for articles of zinc exports from Vietnam, comprising 46% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 14% share of total exports. It was followed by China, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+51.8% per year) and China (+50.3% per year).

Export Prices by Country

The average articles of zinc export price stood at $X per ton in 2021, waning by -7.4% against the previous year. In general, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, articles of zinc export price increased by +49.9% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. The export price peaked at $X per ton in 2020, and then contracted in the following year.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Japan ($X per ton) and Mexico ($X per ton), while the average price for exports to Singapore ($X per ton) and China ($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 Singapore (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into Vietnam

For the fourth consecutive year, Vietnam recorded growth in supplies from abroad of articles of zinc, which increased by 4.9% to X tons in 2021. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of 88%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, articles of zinc imports expanded sharply to $X in 2021. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 147%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest articles of zinc supplier to Vietnam, accounting for a 79% share of total imports. Moreover, articles of zinc imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), more than tenfold. The third position in this ranking was held by Japan (X tons), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +40.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+49.2% per year) and Japan (-0.8% per year).

In value terms, China ($X) constituted the largest supplier of articles of zinc to Vietnam, comprising 79% of total imports. The second position in the ranking was held by Singapore ($X), with a 5.4% share of total imports. It was followed by Japan, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+57.5% per year) and Japan (+4.7% per year).

Import Prices by Country

The average articles of zinc import price stood at $X per ton in 2021, picking up by 2.9% against the previous year. Over the last nine years, it increased at an average annual rate of +5.6%. The growth pace was the most rapid in 2013 an increase of 32% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Japan ($X per ton) and Italy ($X per ton), while the price for Singapore ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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