Report Update: Apr 1, 2024

Vietnam - Non-Electric Furnaces And Ovens For The Roasting Or Melting - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Roasting Furnace Price in Vietnam - 2022

Non-Electric Roasting Furnace Price in Vietnam (CIF) - 2022

In 2022, the average non-electric roasting furnace import price amounted to $154,672 per unit, therefore, remained relatively stable against the previous year. Over the period under review, the import price posted a slight increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 103%. Over the period under review, average import prices attained the peak figure at $161,072 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($542,831 per unit), while the price for India ($10,278 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Roasting Furnace Price in Vietnam (FOB) - 2022

The average non-electric roasting furnace export price stood at $4,859 per unit in 2022, waning by -15.8% against the previous year. In general, the export price, however, showed modest growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 642%. As a result, the export price reached the peak level of $23,523 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,549 per unit), while the average price for exports to Indonesia ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Roasting Furnace Imports in Vietnam

Non-electric roasting furnace imports into Vietnam fell notably to 402 units in 2022, declining by -44.9% compared with 2021. Overall, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 440%. As a result, imports attained the peak of 729 units, and then contracted remarkably in the following year.

In value terms, non-electric roasting furnace imports fell notably to $62M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 771%. As a result, imports attained the peak of $112M, and then shrank sharply in the following year.

Import of Non-Electric Roasting Furnace in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	9.8	9.2	89.8	51.0	73.3%
Denmark	0.4	0.6	4.3	2.7	89.0%
Taiwan (Chinese)	0.2	0.4	3.0	1.6	100.0%
South Korea	1.3	0.1	1.5	1.4	2.5%
Japan	0.2	1.0	2.2	1.0	71.0%
Spain	N/A	0.1	1.8	1.0	216.2%
India	N/A	0.1	0.2	0.5	123.6%
Germany	1.5	0.1	1.4	N/A	-3.4%
Italy	1.0	0.1	2.4	N/A	54.9%
Others	0.9	1.1	4.9	2.9	47.7%
Total	15.3	12.8	112	62.2	59.6%

Top Suppliers of Non-Electric Roasting Furnace to Vietnam in 2022:

China (94.0 units)
Taiwan (Chinese) (68.0 units)
Denmark (57.0 units)
India (49.0 units)
Japan (24.0 units)
South Korea (23.0 units)
Spain (21.0 units)
Germany (2.0 units)
Italy (1.0 units)

Non-Electric Roasting Furnace Exports in Vietnam

In 2022, non-electric roasting furnace exports from Vietnam fell remarkably to 23 units, dropping by -25.8% compared with 2021. Over the period under review, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year. Over the period under review, the exports reached the maximum at 80 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-electric roasting furnace exports contracted remarkably to $112K in 2022. Overall, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 300%. Over the period under review, the exports attained the peak figure at $804K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Electric Roasting Furnace in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	570	36.4	105	62.9	-52.0%
United States	42.8	2.5	15.0	38.2	-3.7%
Lao People's Democratic Republic	24.3	0.3	10.4	6.2	-36.6%
India	13.9	0.7	1.9	1.2	-55.8%
Japan	101	2.6	4.7	1.1	-77.8%
Cambodia	8.7	0.4	0.2	0.4	-64.2%
Taiwan (Chinese)	1.7	N/A	0.1	0.1	-61.1%
South Korea	1.1	N/A	0.2	0.1	-55.0%
Angola	0.2	N/A	N/A	N/A	0%
China	1.1	N/A	0.1	N/A	-69.8%
Indonesia	N/A	N/A	N/A	N/A	0%
Iceland	N/A	N/A	N/A	N/A	0%
Canada	0.6	N/A	N/A	N/A	0%
Others	38.6	1.7	41.3	1.6	-65.4%
Total	804	44.7	179	112	-48.2%

Top Export Markets for Non-Electric Roasting Furnace from Vietnam in 2022:

Russia (7.0 units)
United States (4.0 units)
Canada (1.0 units)
Lao People's Democratic Republic (1.0 units)
Taiwan (Chinese) (1.0 units)
Iceland (1.0 units)
Indonesia (1.0 units)
India (1.0 units)
Cambodia (1.0 units)
Japan (1.0 units)
China (1.0 units)
Angola (1.0 units)
South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric roasting furnace 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 28211230 - Non-electric furnaces and ovens for the roasting, melting or other heat-treatment of ores, pyrites or of metals

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023