Price for Book-Binding Machinery; Including Book-Sewing Machines in Vietnam - 2022
Contents:
- Price for Book-Binding Machinery; Including Book-Sewing Machines in Vietnam (CIF) - 2022
- Price for Book-Binding Machinery; Including Book-Sewing Machines in Vietnam (FOB) - 2022
- Imports of Book-Binding Machinery; Including Book-Sewing Machines in Vietnam
- Exports of Book-Binding Machinery; Including Book-Sewing Machines in Vietnam
Price for Book-Binding Machinery; Including Book-Sewing Machines in Vietnam (CIF) - 2022
The average import price for book-binding machinery; including book-sewing machineses stood at $376 per unit in December 2022, shrinking by -34.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 35% against the previous month. As a result, import price attained the peak level of $573 per unit, and then dropped rapidly in the following month.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was China ($375 per unit), while the price for the United States ($375 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Book-Binding Machinery; Including Book-Sewing Machines in Vietnam (FOB) - 2022
The average export price for book-binding machinery; including book-sewing machineses stood at $470 per unit in 2022, rising by 29% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 49% against the previous year. The export price peaked at $523 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,210 per unit), while the average price for exports to Cambodia ($161 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 (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Book-Binding Machinery; Including Book-Sewing Machines in Vietnam
In 2022, imports of book-binding machinery; including book-sewing machineses into Vietnam contracted notably to 8.3K units, waning by -29.5% on the previous year's figure. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Imports peaked at 16K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, book-binding machinery; including book-sewing machines imports dropped rapidly to $4.1M in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs at $7.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Book-Binding Machinery; Including Book-Sewing Machines in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,607 | 795 | 2,830 | 2,498 | -18.5% |
| India | 33.7 | 29.9 | 220 | 437 | 134.9% |
| Japan | 1,929 | 329 | 448 | 406 | -40.5% |
| Netherlands | 119 | 477 | 400 | 149 | 7.8% |
| Germany | 48.6 | 132 | 240 | 105 | 29.3% |
| Taiwan (Chinese) | 396 | 93.1 | 85.2 | 90.0 | -39.0% |
| Switzerland | 59.8 | 114 | 145 | 74.7 | 7.7% |
| Hong Kong SAR | 119 | 96.5 | 103 | 65.8 | -17.9% |
| Italy | 67.7 | 106 | 167 | 61.4 | -3.2% |
| Turkey | 77.6 | 74.5 | 93.8 | 56.6 | -10.0% |
| Portugal | 107 | 76.4 | 103 | 49.0 | -22.9% |
| United Kingdom | 101 | 24.3 | 57.6 | 35.3 | -29.6% |
| Lao People's Democratic Republic | N/A | 674 | N/A | N/A | 0% |
| Others | 265 | 194 | 95.0 | 72.8 | -35.0% |
| Total | 7,929 | 3,215 | 4,987 | 4,101 | -19.7% |
Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Vietnam in 2022:
- China (4544.0 units)
- India (961.0 units)
- Japan (900.0 units)
- Germany (313.0 units)
- Netherlands (284.0 units)
- Taiwan (Chinese) (203.0 units)
- United Kingdom (157.0 units)
- Portugal (152.0 units)
- Hong Kong SAR (147.0 units)
- Switzerland (141.0 units)
- Italy (136.0 units)
- Turkey (127.0 units)
Exports of Book-Binding Machinery; Including Book-Sewing Machines in Vietnam
In 2022, the amount of book-binding machinery; including book-sewing machineses exported from Vietnam soared to 421 units, with an increase of 20% on the previous year. Overall, exports showed a measured expansion. The pace of growth appeared the most rapid in 2020 with an increase of 68%. As a result, the exports reached the peak of 641 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, book-binding machinery; including book-sewing machines exports surged to $198K in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 151%. As a result, the exports reached the peak of $269K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Book-Binding Machinery; Including Book-Sewing Machines in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 13.4 | 41.8 | 21.3 | 38.5 | 42.2% |
| Japan | 18.2 | 17.4 | 12.0 | 31.8 | 20.4% |
| Saudi Arabia | 17.2 | 50.2 | 4.1 | 20.7 | 6.4% |
| Hong Kong SAR | 1.1 | 5.3 | 6.7 | 12.1 | 122.4% |
| Cambodia | 6.8 | 14.5 | 5.4 | 9.7 | 12.6% |
| Switzerland | 0.9 | 0.9 | 1.1 | 7.0 | 98.1% |
| Indonesia | 4.3 | 7.5 | 2.5 | 4.1 | -1.6% |
| Oman | N/A | N/A | 49.7 | N/A | 0% |
| Others | 44.7 | 131 | 25.1 | 74.2 | 18.4% |
| Total | 107 | 269 | 128 | 198 | 22.8% |
Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Vietnam in 2022:
- Saudi Arabia (110.0 units)
- South Korea (68.0 units)
- Cambodia (61.0 units)
- Japan (61.0 units)
- Switzerland (24.0 units)
- Hong Kong SAR (20.0 units)
- Indonesia (15.0 units)
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