Vietnam - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Ready-Mixed Concrete and Factory Made Mortar in Vietnam - 2022
Contents:
- Price for Ready-Mixed Concrete and Factory Made Mortar in Vietnam (FOB) - 2022
- Price for Ready-Mixed Concrete and Factory Made Mortar in Vietnam (CIF) - 2022
- Exports of Ready-Mixed Concrete and Factory Made Mortar in Vietnam
- Imports of Ready-Mixed Concrete and Factory Made Mortar in Vietnam
Price for Ready-Mixed Concrete and Factory Made Mortar in Vietnam (FOB) - 2022
The average export price for ready-mixed concrete and factory made mortars stood at $489 per ton in 2022, waning by -2.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 28%. As a result, the export price reached the peak level of $577 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($501 per ton) and Hong Kong SAR ($453 per ton), while the average price for exports to Cambodia ($427 per ton) and the Philippines ($438 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ready-Mixed Concrete and Factory Made Mortar in Vietnam (CIF) - 2022
In 2022, the average import price for ready-mixed concrete and factory made mortars amounted to $412 per ton, waning by -8.1% against the previous year. In general, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. Over the period under review, average import prices reached the peak figure at $695 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +1.6% per year.
Exports of Ready-Mixed Concrete and Factory Made Mortar in Vietnam
After two years of decline, shipments abroad of ready-mixed concrete and factory made mortars increased by 7.4% to 14K tons in 2022. In general, exports, however, recorded a pronounced downturn.
In value terms, exports of ready-mixed concrete and factory made mortars reached $6.7M in 2022. Overall, exports saw a modest expansion. The growth pace was the most rapid in 2020 with an increase of 7.6% against the previous year. As a result, the exports attained the peak of $7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Ready-Mixed Concrete and Factory Made Mortar in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 4.3 | 5.7 | 5.6 | 5.4 | 7.9% |
Cambodia | 1.2 | 0.4 | 0.1 | 0.5 | -25.3% |
Hong Kong SAR | 0.3 | 0.4 | 0.2 | 0.3 | 0.0% |
Philippines | 0.4 | 0.1 | 0.2 | 0.2 | -20.6% |
Others | 0.2 | 0.5 | 0.3 | 0.3 | 14.5% |
Total | 6.5 | 7.0 | 6.4 | 6.7 | 1.0% |
Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from Vietnam in 2022:
- Australia (10.8K tons)
- Cambodia (1.2K tons)
- Hong Kong SAR (0.6K tons)
- Philippines (0.5K tons)
Imports of Ready-Mixed Concrete and Factory Made Mortar in Vietnam
After three years of growth, overseas purchases of ready-mixed concrete and factory made mortars decreased by -10.9% to 15K tons in 2022. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of 17K tons, and then shrank in the following year.
In value terms, imports of ready-mixed concrete and factory made mortars fell dramatically to $6.2M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $7.6M, and then reduced notably in the following year.
Import of Ready-Mixed Concrete and Factory Made Mortar in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 66.7 | 11.2 | 14.1 | 6,222 | 353.5% |
Spain | N/A | 18.4 | 383 | N/A | 1981.5% |
Thailand | 2,377 | 2,218 | 1,694 | N/A | -15.6% |
South Korea | 260 | 298 | 462 | N/A | 33.3% |
Germany | 246 | 386 | 233 | N/A | -2.7% |
Belgium | 41.7 | 87.6 | 595 | N/A | 277.7% |
China | 591 | 584 | 2,391 | N/A | 101.1% |
Malaysia | 328 | 171 | 614 | N/A | 36.8% |
United States | 112 | 187 | 425 | N/A | 94.8% |
Philippines | 308 | 434 | 151 | N/A | -30.0% |
Denmark | 71.6 | 104 | 182 | N/A | 59.4% |
Others | 314 | 344 | 454 | N/A | 20.2% |
Total | 4,716 | 4,844 | 7,599 | 6,222 | 9.7% |
Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to Vietnam in 2022:
- United Arab Emirates (15.1K tons)
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar 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 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar in Vietnam.
This report provides an in-depth analysis of the factory made mortars market in Vietnam.
This report provides an in-depth analysis of the preparations for electroplating market in Vietnam.
This report provides an in-depth analysis of the market for prepared additives for cements in Vietnam.
This report provides an in-depth analysis of the sorbitol market in Vietnam.
This report provides an in-depth analysis of the other chemical products market in Vietnam.
This report provides an in-depth analysis of the non-agglomerated metal carbides market in Vietnam.
This report provides an in-depth analysis of the market for naphthenic acids, their water-insoluble salts and their esters in Vietnam.
This report provides an in-depth analysis of the market for mixtures of mono-, di-and tri-, fatty acid esters of glycerol in Vietnam.
This report provides an in-depth analysis of the market for inorganic composite solvents and thinners for varnishes in Vietnam.
In value terms, pharmaceutical goods imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeabl...
In value terms, pharmaceutical goods exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeabl...
In value terms, organic composite solvents and thinners imports stood at $X in 2016. Overall, organic composite solvents and thinners imports continue to indicate a relatively flat trend pattern. O...
In value terms, organic composite solvents and thinners exports totaled $X in 2016. In general, organic composite solvents and thinners exports continue to indicate a relatively flat trend pattern....
In value terms, organic compounds imports stood at $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total imports value decreased at an average annual rate of -X% over the...
In value terms, organic compounds exports amounted to $X in 2016. In general, organic compounds exports continue to indicate a deep contraction. Global organic compounds export peaked of $X in X>
In value terms, prepared binders for foundry moulds and cores imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
In value terms, prepared binders for foundry moulds and cores exports amounted to $X in 2016. Overall, prepared binders for foundry moulds and cores exports continue to indicate a relatively flat tr...
In value terms, pharmaceutical goods imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeabl...
In value terms, pharmaceutical goods exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeabl...