Vietnam: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in Vietnam

The revenue of the market for tube or pipe fittings of non-malleable cast iron in Vietnam amounted to $X in 2018, picking up by X% against the previous year. In general, consumption of tube or pipe fittings of non-malleable cast iron, however, continues to indicate a moderate deduction. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Consumption of tube or pipe fittings of non-malleable cast iron peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Production of Tube Or Pipe Fittings Of Non-Malleable Cast Iron in Vietnam

In value terms, production of tube or pipe fittings of non-malleable cast iron amounted to $X in 2018 estimated in export prices. Overall, production of tube or pipe fittings of non-malleable cast iron continues to indicate a slight setback. The most prominent rate of growth was recorded in 2014 when production volume increased by X% against the previous year. Production of tube or pipe fittings of non-malleable cast iron peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports from Vietnam

Exports of tube or pipe fittings of non-malleable cast iron from Vietnam totaled X tons in 2018, declining by -X% against the previous year. Overall, exports of tube or pipe fittings of non-malleable cast iron, however, continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. In that year, exports of tube or pipe fittings of non-malleable cast iron attained their peak of X tons, and then declined slightly in the following year.

In value terms, exports of tube or pipe fittings of non-malleable cast iron totaled $X in 2018. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron, however, continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, exports of tube or pipe fittings of non-malleable cast iron attained their peak of $X, and then declined slightly in the following year.

Exports by Country

Japan (X tons) was the main destination for exports of tube or pipe fittings of non-malleable cast iron from Vietnam, accounting for a X% share of total exports. Moreover, exports of tube or pipe fittings of non-malleable cast iron to Japan exceeded the volume sent to the second major destination, Taiwan, Chinese (X tons), tenfold.

From 2007 to 2018, the average annual growth rate of volume to Japan amounted to +X%.

In value terms, Japan ($X) remains the key foreign market for non-malleable cast iron pipe fittings exports from Vietnam, comprising X% of total exports of tube or pipe fittings of non-malleable cast iron. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Japan totaled +X%.

Export Prices by Country

The average export price for tube or pipe fittings of non-malleable cast iron stood at $X per ton in 2018, growing by X% against the previous year. Overall, the export price for tube or pipe fittings of non-malleable cast iron continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, the average export prices for tube or pipe fittings of non-malleable cast iron reached their maximum at $X per ton in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the country with the highest price was Taiwan, Chinese ($X per ton), while the average price for exports to Japan stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan, Chinese.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports into Vietnam

In 2018, the amount of tube or pipe fittings of non-malleable cast iron imported into Vietnam amounted to X tons, picking up by X% against the previous year. In general, imports of tube or pipe fittings of non-malleable cast iron continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, imports of tube or pipe fittings of non-malleable cast iron attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, imports of tube or pipe fittings of non-malleable cast iron amounted to $X in 2018. Overall, imports of tube or pipe fittings of non-malleable cast iron continue to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, China (X tons) constituted the largest supplier of non-malleable cast iron pipe fittings to Vietnam, with a X% share of total imports. Moreover, imports of tube or pipe fittings of non-malleable cast iron from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), eightfold. The third position in this ranking was occupied by Italy (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of non-malleable cast iron pipe fittings to Vietnam, comprising X% of total imports of tube or pipe fittings of non-malleable cast iron. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

In 2018, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $X per ton, shrinking by -X% against the previous year. Overall, the import price for tube or pipe fittings of non-malleable cast iron continues to indicate a deep decline. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform