Price for Baby Carriages and Parts Thereof in Vietnam - 2021

Contents:

  1. Price for Baby Carriages and Parts Thereof in Vietnam (CIF) - 2022
  2. Price for Baby Carriages and Parts Thereof in Vietnam (FOB) - 2022
  3. Imports of Baby Carriages and Parts Thereof in Vietnam
  4. Exports of Baby Carriages and Parts Thereof in Vietnam

Price for Baby Carriages and Parts Thereof in Vietnam (CIF) - 2022

The average import price for baby carriages and parts thereoves stood at $87 per unit in 2022, approximately equating the previous year. Overall, the import price, however, showed resilient growth. The growth pace was the most rapid in 2016 an increase of 52%. The import price peaked at $89 per unit in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($87 per unit), while the price for China amounted to $87 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Baby Carriages and Parts Thereof in Vietnam (FOB) - 2022

In 2022, the average export price for baby carriages and parts thereoves amounted to $88 per unit, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2014 when the average export price increased by 11%. The export price peaked at $90 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, 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 the United States amounted to +17.9% per year.

Imports of Baby Carriages and Parts Thereof in Vietnam

In 2022, after three years of growth, there was significant decline in overseas purchases of baby carriages and parts thereoves, when their volume decreased by -8.5% to 60K units. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 66K units, and then shrank in the following year.

In value terms, baby carriages and parts thereof imports shrank to $5.2M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 26%. Imports peaked at $5.8M in 2021, and then shrank in the following year.

Import of Baby Carriages and Parts Thereof in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.74.55.65.111.3%
JapanN/A0.20.20.1-29.3%
OthersN/AN/AN/AN/A0%
Total3.74.75.85.212.0%

Top Suppliers of Baby Carriages and Parts Thereof to Vietnam in 2022:

  1. China (58.4K units)
  2. Japan (1.7K units)

Exports of Baby Carriages and Parts Thereof in Vietnam

After three years of growth, overseas shipments of baby carriages and parts thereoves decreased by -6.1% to 92 units in 2022. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 98 units, and then fell in the following year.

In value terms, baby carriages and parts thereof exports shrank modestly to $8.1K in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $8.5K, and then fell in the following year.

Export of Baby Carriages and Parts Thereof in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A6.12.98.115.2%
Japan0.6N/AN/AN/A0%
United States6.6N/AN/AN/A0%
FranceN/A1.6N/AN/A0%
CambodiaN/AN/A5.6N/A0%
Others0.1N/AN/AN/A0%
Total7.37.78.58.13.5%

Top Export Markets for Baby Carriages and Parts Thereof from Vietnam in 2022:

  1. United Arab Emirates (92.0 units)

Source: IndexBox Market Intelligence Platform

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