Report Update Nov 1, 2024

Vietnam - Silver Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Vietnam: Silver Ore Market 2024

Silver Ore Market Size in Vietnam

The Vietnamese silver ore market soared to $X in 2021, increasing by 21% against the previous year. Over the period under review, consumption continues to indicate a mild expansion. Silver ore consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Silver Ore Production in Vietnam

In value terms, silver ore production totaled $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Silver Ore Exports

Exports from Vietnam

In 2021, approx. X tons of silver ores and concentrates were exported from Vietnam; with a decrease of -81.1% against 2020. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by 1,130%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, silver ore exports dropped sharply to $X in 2021. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 1,121%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for silver ore exports from Vietnam, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China stood at -15.7%.

In value terms, China ($X) also remains the key foreign market for silver ore exports from Vietnam.

From 2012 to 2021, the average annual growth rate of value to China totaled -12.0%.

Export Prices by Country

In 2021, the average silver ore export price amounted to $X per ton, jumping by 73% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +4.4% per year.

Silver Ore Imports

Imports into Vietnam

In 2021, the amount of silver ores and concentrates imported into Vietnam soared to X tons, rising by 414% on the year before. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 435% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, silver ore imports soared to $X in 2021. Over the period under review, imports, however, saw a deep downturn. The growth pace was the most rapid in 2013 with an increase of 218%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) was the main silver ore supplier to Vietnam, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from South Korea totaled +414.2%.

In value terms, South Korea ($X) constituted the largest supplier of silver ore to Vietnam.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea stood at +161.1%.

Import Prices by Country

The average silver ore import price stood at $X per ton in 2021, shrinking by -49.2% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 19%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to -49.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver ores and concentrates in the world?

China remains the largest silver ore consuming country worldwide, comprising approx. 79% of total volume. Moreover, silver ore consumption in China exceeded the figures recorded by the second-largest consumer, Russia, more than tenfold. Peru ranked third in terms of total consumption with a 2.9% share.

What are the largest producers of silver ores and concentrates in the world?

The country with the largest volume of silver ore production was Peru, comprising approx. 46% of total volume. Moreover, silver ore production in Peru exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was occupied by South Africa, with a 12% share.

What are the leading suppliers of silver ores and concentrates to Vietnam?

In value terms, South Korea constituted the largest supplier of silver ore to Vietnam.

What are the leading importers of silver ores and concentrates from Vietnam?

In value terms, China remains the key foreign market for silver ore exports from Vietnam.

What is the average export price for silver ores and concentrates in Vietnam?

In 2021, the average silver ore export price amounted to $1,595 per ton, picking up by 13% against the previous year.

What is the average import price for silver ores and concentrates in Vietnam?

The average silver ore import price stood at $226,525 per ton in 2020, picking up by 153% against the previous year.

This report provides an in-depth analysis of the silver ore market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291410 -

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023