Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,905 per unit, dropping by -12% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs at $2,166 per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,325 per unit), while the price for Malaysia ($952 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,250 per unit in 2022, approximately mirroring the previous year. Overall, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 55%. The export price peaked at $1,734 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($1,499 per unit), while the average price for exports to Lebanon amounted to $503 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+7.9%).

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam

In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses imported into Vietnam skyrocketed to 1K units, growing by 37% against 2021. In general, imports, however, continue to indicate a noticeable decline. Over the period under review, imports of attained the peak figure at 1.3K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $1.9M in 2022. Overall, imports, however, continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 26%. As a result, imports reached the peak of $2.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Vietnam in 2022:

1. China (811.0 units)
2. Japan (73.0 units)
3. Taiwan (Chinese) (51.0 units)
4. Malaysia (32.0 units)
5. South Korea (16.0 units)
6. Spain (7.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Vietnam

In 2022, overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by 0% to 4 units, falling for the second year in a row after two years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 875% against the previous year. As a result, the exports reached the peak of 39 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $5K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 1,239% against the previous year. As a result, the exports attained the peak of $68K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Vietnam in 2022:

1. Cambodia (3.0 units)
2. Lebanon (1.0 units)

Source: IndexBox Market Intelligence Platform