Dublin, Sept. 25, 2024 (GLOBE NEWSWIRE) -- The "Vietnam Steel Pipes Import Research Report 2024-2033" report has been added to ResearchAndMarkets.com's offering.
In 2023, Vietnam's total steel pipe imports exceeded USD 300 million, with pipes used for oil or gas transportation and drilling accounting for over USD 100 million. The market demand in 2024 is even more robust, with cumulative import values exceeding USD 150 million from January to May 2024, and this trend is expected to continue growing in the coming years.
Globally, major producers and exporters include China, the United States, Japan, and Germany. Among these, China, with its vast production capacity and comprehensive industrial chain, is one of the largest steel pipe producers and exporters in the world. Vietnam currently faces challenges in large-scale steelmaking, including issues related to technology, equipment, and quality control, limiting its domestic production capacity. Consequently, the Vietnamese steel pipe market relies heavily on imports.
In Vietnam, with the acceleration of industrialization and urbanization, the demand for steel pipes in the Vietnamese market is increasing. Although there are some domestic steel pipe manufacturers in Vietnam, the technological level and production capacity are relatively limited, unable to fully meet the rapidly growing market demand. Therefore, Vietnam needs to import a large quantity of steel pipes from overseas markets to supplement domestic production. Steel pipes are vital materials for industrial and infrastructure construction, and the market prospects and development potential for steel pipes in Vietnam are very promising.
The publisher analyzes that between 2021 and 2024, the primary sources of steel pipe imports for Vietnam included China, South Korea, and Japan. The main companies exporting steel pipes to Vietnam include ZARNEST SERVICE LTD, ATA GLOBAL LOGISTICS CO., LTD, and CHARM MING CO., LTD.
The main importers of steel pipes in Vietnam are companies in industries related to oil and gas, infrastructure construction, machinery manufacturing, and various heavy industries, mainly foreign-invested enterprises. According to the publisher, these companies include Vietsovpetro, LTD., GE POWER SYSTEMS CO., LTD., and DOOSAN VINA.
Overall, as Vietnam's population grows, industrialization and urbanization continue to progress, the market demand for steel pipes in Vietnam will also continue to increase. The publisher projects the import volume of steel pipes in Vietnam to maintain a growth trend in the coming years, which will play a crucial role in the stability and growth of Vietnam's industry.
Topics covered:
- The Import Volume and Value of Steel Pipe in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Steel Pipes in Vietnam (2021-2024)
- Total Import Value and Percentage Change of Steel Pipes in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Steel Pipes in Vietnam (January-May 2024)
- Total Import Value and Percentage Change of Steel Pipes in Vietnam (January-May 2024)
- Average Import Price of Steel Pipes in Vietnam (2021-2024)
- Top 10 Sources of Steel Pipes Imports in Vietnam and Their Supply Volume
- Top 10 Suppliers in the Import Market of Steel Pipes in Vietnam and Their Supply Volume
- Top 10 Importers of Steel Pipes in Vietnam and Their Import Volume
- How to Find Distributors and End Users of Steel Pipes in Vietnam
- How Foreign Enterprises Enter the Steel Pipes Market of Vietnam
- Forecast for the Import of Steel Pipes in Vietnam (2024-2033)
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 80 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value (USD) in 2024 | $350 Million |
| Forecasted Market Value (USD) by 2033 | $671 Million |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Vietnam |
Key Topics Covered:
1 Overview of Vietnam
1.1 Geography of Vietnam
1.2 Economic Condition of Vietnam
1.3 Demographics of Vietnam
1.4 Domestic Market of Vietnam
1.5 Recommendations for Foreign Enterprises Entering the Vietnam Steel Pipes Products Market
2 Analysis of Steel Pipes Imports in Vietnam (2021-2024)
2.1 Import Scale of Steel Pipes in Vietnam
2.1.1 Import Value and Volume of Steel Pipes in Vietnam
2.1.2 Import Prices of Steel Pipes in Vietnam
2.1.3 Apparent Consumption of Steel Pipes in Vietnam
2.1.4 Import Dependency of Steel Pipes in Vietnam
2.2 Major Sources of Steel Pipes Imports in Vietnam
3 Analysis of Major Sources of Steel Pipes Imports in Vietnam (2021-2024)
3.1 China
3.1.1 Analysis of Import Value and Volume
3.1.2 Analysis of Average Import Price
3.2 South Korea
3.2.1 Analysis of Import Value and Volume
3.2.2 Analysis of Average Import Price
3.3 Japan
3.3.1 Analysis of Import Value and Volume
3.3.2 Analysis of Average Import Price
3.4 Russia
3.5 Singapore
3.6 Thailand
4 Analysis of Major Suppliers in the Import Market of Steel Pipes in Vietnam (2021-2024)
4.1 ZARNEST SERVICE LTD
4.1.1 Company Introduction
4.1.2 Analysis of Steel Pipes Exports to Vietnam
4.2 ATA GLOBAL LOGISTICS CO, LTD
4.2.1 Company Introduction
4.2.2 Analysis of Steel Pipes Exports to Vietnam
4.3 CHARM MING CO LTD
4.3.1 Company Introduction
4.3.2 Analysis of Steel Pipes Exports to Vietnam
5 Analysis of Major Importers in the Import Market of Steel Pipes in Vietnam (2021-2024)
5.1 Vietsovpetro, LTD.
5.1.1 Company Introduction
5.1.2 Analysis of Steel Pipes Imports
5.2 GE POWER SYSTEMS CO, LTD
5.2.1 Company Introduction
5.2.2 Analysis of Steel Pipes Imports
5.3 DOOSAN VINA
5.3.1 Company Introduction
5.3.2 Analysis of Steel Pipes Imports
6. Monthly Analysis of Steel Pipes Imports in Vietnam from 2021 to 2024
6.1 Analysis of Monthly Import Value and Volume
6.2 Forecast of Monthly Average Import Prices
7. Key Factors Affecting Steel Pipes Imports in Vietnam
7.1 Policy
7.1.1 Current Import Policies
7.1.2 Trend Predictions for Import Policies
7.2 Economic
7.2.1 Market Prices
7.2.2 Growth Trends of Steel Pipes Production Capacity in Vietnam
7.3 Technology
8. Forecast for the Import of Steel Pipes in Vietnam, 2024-2033
For more information about this report visit https://www.researchandmarkets.com/r/21i2nf
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