Vietnam - Non-Domestic Dryers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Domestic Dryer Price in Vietnam - 2021
Contents:
- Non-Domestic Dryer Price in Vietnam (CIF) - 2022
- Non-Domestic Dryer Price in Vietnam (FOB) - 2022
- Non-Domestic Dryer Imports in Vietnam
- Non-Domestic Dryer Exports in Vietnam
Non-Domestic Dryer Price in Vietnam (CIF) - 2022
In 2022, the average non-domestic dryer import price amounted to $6,097 per unit, growing by 3.4% against the previous year. In general, the import price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2018 an increase of 17% against the previous year. Over the period under review, average import prices reached the maximum at $7,671 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($6,572 per unit) and Japan ($6,128 per unit), while the price for Germany ($5,946 per unit) and Taiwan (Chinese) ($5,946 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.2%), while the prices for the other major suppliers experienced a decline.
Non-Domestic Dryer Price in Vietnam (FOB) - 2022
The average non-domestic dryer export price stood at $6,221 per unit in 2022, rising by 11% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-domestic dryer export price decreased by -19.7% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 49% against the previous year. The export price peaked at $7,745 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($7,171 per unit) and Thailand ($7,043 per unit), while the average price for exports to China ($5,830 per unit) and Japan ($5,830 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Domestic Dryer Imports in Vietnam
In 2022, the amount of non-domestic dryers imported into Vietnam soared to 17K units, picking up by 25% on 2021 figures. In general, imports, however, showed a perceptible downturn. Imports peaked at 21K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, non-domestic dryer imports soared to $105M in 2022. Overall, imports, however, recorded a perceptible contraction. Over the period under review, imports hit record highs at $129M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
Import of Non-Domestic Dryer in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 54.8 | 50.6 | 39.4 | 44.3 | -6.8% |
South Korea | 29.3 | 34.9 | 12.1 | 23.1 | -7.6% |
Denmark | N/A | 1.3 | 6.7 | 6.7 | 127.0% |
Taiwan (Chinese) | 5.6 | 4.7 | 5.8 | 5.8 | 1.2% |
Japan | 5.5 | 10.3 | 2.9 | 5.7 | 1.2% |
Germany | 2.7 | 4.1 | 4.4 | 4.3 | 16.8% |
Italy | 5.0 | 3.2 | 2.0 | 3.1 | -14.7% |
Thailand | 3.6 | 3.4 | 2.7 | 3.0 | -5.9% |
United States | 1.9 | 3.2 | 1.6 | 2.0 | 1.7% |
India | 2.9 | 1.8 | 0.5 | 1.6 | -18.0% |
Others | 4.5 | 11.3 | 2.8 | 5.3 | 5.6% |
Total | 116 | 129 | 80.9 | 105 | -3.3% |
Top Suppliers of Non-Domestic Dryer to Vietnam in 2022:
- China (7.3K units)
- South Korea (3.8K units)
- Taiwan (Chinese) (1.0K units)
- Denmark (1.0K units)
- Japan (0.9K units)
- Germany (0.7K units)
- Italy (0.5K units)
- Thailand (0.5K units)
- India (0.3K units)
- United States (0.3K units)
Non-Domestic Dryer Exports in Vietnam
In 2022, non-domestic dryer exports from Vietnam reduced remarkably to 194 units, waning by -31.2% against 2021. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 164% against the previous year. The exports peaked at 376 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-domestic dryer exports declined dramatically to $1.2M in 2022. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. Over the period under review, the exports reached the peak figure at $2.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Non-Domestic Dryer in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 572 | 209 | 769 | 476 | -5.9% |
China | 103 | 103 | 348 | 216 | 28.0% |
India | 885 | 123 | 14.8 | 199 | -39.2% |
Japan | 185 | 27.9 | 128 | 79.2 | -24.6% |
Indonesia | 266 | 53.0 | 53.8 | 73.1 | -35.0% |
Cambodia | 166 | 87.3 | 78.2 | 65.8 | -26.5% |
Thailand | 78.9 | 70.1 | 43.9 | 38.4 | -21.3% |
Lao People's Democratic Republic | 62.8 | 54.4 | 16.5 | 26.5 | -25.0% |
Taiwan (Chinese) | 107 | 0.5 | 4.8 | 21.9 | -41.1% |
Others | 146 | 101 | 128 | 10.9 | -57.9% |
Total | 2,571 | 829 | 1,585 | 1,207 | -22.3% |
Top Export Markets for Non-Domestic Dryer from Vietnam in 2022:
- South Korea (82.0 units)
- China (37.0 units)
- India (28.0 units)
- Japan (14.0 units)
- Indonesia (10.0 units)
- Cambodia (9.0 units)
- Thailand (5.0 units)
- Lao People's Democratic Republic (4.0 units)
- Taiwan (Chinese) (3.0 units)
This report provides an in-depth analysis of the non-domestic dryer 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 28993150 - Non-domestic dryers (excluding those for agricultural products, those for wood, paper pulp, paper or paperboard)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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