Major global producers of aluminum alloy sheets include the United States, Japan, China, Russia, Germany, and South Korea. Among these, China leads the market with its vast production capacity and global market share, while Russia and the United States hold prominent positions in the high-end market segment. These countries benefit from advanced industrial bases and strong manufacturing capabilities for aluminum alloy sheets. On the demand side, North America, Europe, and the Asia-Pacific region represent significant consumption markets for aluminum alloy sheets. The publisher indicates that rapid urbanization and industrialization in Southeast Asia have driven strong demand for aluminum alloy sheets in the construction and manufacturing sectors, particularly with the emergence of manufacturing hubs.
As an emerging manufacturing base, Vietnam's aluminum alloy sheet market is growing rapidly, particularly in the construction, electronics, and home appliance sectors. Vietnam's fast-paced economic growth, coupled with substantial government investments in infrastructure development, has significantly boosted demand for aluminum alloy sheets. Moreover, the rapid development of Vietnam's electronics and home appliance manufacturing industries, supported by the influx of foreign investment, has further propelled demand. However, Vietnam's domestic production capacity for aluminum alloy sheets remains limited and is mainly concentrated in the mid-to-low-end market. As a result, a significant proportion of high-end aluminum alloy sheets continues to rely on imports.
The data shows that Vietnam's total aluminum alloy sheet imports reached USD 967 million in 2023. From January to July 2024, cumulative imports amounted to approximately USD 1.209 billion, reflecting even higher demand. This trend is expected to persist in the coming years.
According to the publisher, Vietnam's primary sources of aluminum alloy sheet imports include China, South Korea, Thailand, Singapore, Hong Kong, Malaysia, and Japan. China has emerged as a key supplier, driven by its geographical proximity, comprehensive industrial chain, and cost-effective products. From 2021 to 2024, China, South Korea, and Thailand were the top three sources of Vietnam's aluminum alloy sheet imports. Leading exporters to Vietnam include companies such as Crown Asia Pacific Holdings Pte Ltd, TBC-Ball Beverage Can Holdings Ltd, and Samsung Electronics H.K. Co. Ltd. On the importing side, key Vietnamese companies include Sewon Vina Company Limited, Samsung Display Vietnam Co. Ltd, and Saturn Engineering Systems Vietnam.
Overall, Vietnam's aluminum alloy sheet market is in a rapid growth phase, supported by increasing demand from domestic construction, manufacturing, and infrastructure projects. The publisher projects that, due to Vietnam's limited local production capacity for aluminum alloy sheets, the country's reliance on imports will continue to grow in the coming years.
Topics covered:
- The Import and Export of Aluminum Alloy Sheets in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Aluminum Alloy Sheets in Vietnam (2021-2024)
- Total Import Value and Percentage Change of Aluminum Alloy Sheets in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Aluminum Alloy Sheets in Vietnam (2024)
- Total Import Value and Percentage Change of Aluminum Alloy Sheets in Vietnam (2024)
- Average Import Price of Aluminum Alloy Sheets in Vietnam (2021-2024)
- Top 10 Sources of Aluminum Alloy Sheets Imports in Vietnam and Their Supply Volume
- Top 10 Suppliers in the Import Market of Aluminum Alloy Sheets in Vietnam and Their Supply Volume
- Top 10 Importers of Aluminum Alloy Sheets in Vietnam and Their Import Volume
- How to Find Distributors and End Users of Aluminum Alloy Sheets in Vietnam
- How Foreign Enterprises Enter the Aluminum Alloy Sheets Market of Vietnam
- Forecast for the Import of Aluminum Alloy Sheets in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- CROWN ASIA PACIFIC HOLDINGS PTE LTD
- TBC-BALL BEVERAGE CAN HOLDINGS LTD
- SAMSUNG ELECTRONICS H.K. CO. LTD
- SEWON VINA COMPANY LIMITED
- SAMSUNG DISPLAY VIETNAM CO. LTD
- SATURN ENGINEERING SYSTEMS VIETNAM.
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | November 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 1.9 Billion |
| Forecasted Market Value ( USD | $ 2.61 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
