Vietnam: Non-Agglomerated Metal Carbides Market 2024

Non-Agglomerated Metal Carbides Market Size in Vietnam

The Vietnamese non-agglomerated metal carbides market was estimated at $X in 2022, remaining constant against the previous year. Over the period under review, consumption continues to indicate significant growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Non-Agglomerated Metal Carbides Production in Vietnam

In value terms, non-agglomerated metal carbides production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Non-agglomerated metal carbides production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Non-Agglomerated Metal Carbides Exports

Exports from Vietnam

In 2022, exports of non-agglomerated metal carbides mixed together or with metallic binders from Vietnam stood at X tons, picking up by X% compared with the previous year's figure. Overall, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-agglomerated metal carbides exports amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) and the United States (X tons) were the main destinations of non-agglomerated metal carbides exports from Vietnam.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, Germany ($X) remains the key foreign market for non-agglomerated metal carbides mixed together or with metallic binders exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%.

Export Prices by Country

The average non-agglomerated metal carbides export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Non-Agglomerated Metal Carbides Imports

Imports into Vietnam

In 2022, non-agglomerated metal carbides imports into Vietnam soared to X tons, increasing by X% on 2021 figures. Over the period under review, imports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, non-agglomerated metal carbides imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Taiwan (Chinese) (X kg) constituted the largest non-agglomerated metal carbides supplier to Vietnam, accounting for a X% share of total imports. Moreover, non-agglomerated metal carbides imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold. Thailand (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Taiwan (Chinese) totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Thailand (X% per year).

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and the United States ($X) constituted the largest non-agglomerated metal carbides suppliers to Vietnam, together comprising X% of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of 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 non-agglomerated metal carbides import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price recorded a mild reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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