Vietnam - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEngine Generator Price in Vietnam - 2022
Contents:
- Engine Generator Price in Vietnam (CIF) - 2022
- Engine Generator Price in Vietnam (FOB) - 2022
- Engine Generator Imports in Vietnam
- Engine Generator Exports in Vietnam
Engine Generator Price in Vietnam (CIF) - 2022
The average engine generator import price stood at $112 per unit in 2022, growing by 6.9% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, engine generator import price decreased by -27.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 35%. As a result, import price attained the peak level of $155 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($158 per unit) and Thailand ($111 per unit), while the price for Italy ($111 per unit) and South Korea ($111 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Engine Generator Price in Vietnam (FOB) - 2022
In 2022, the average engine generator export price amounted to $98 per unit, declining by -6.2% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, engine generator export price increased by +57.4% against 2016 indices. The pace of growth appeared the most rapid in 2019 an increase of 34% against the previous year. The export price peaked at $105 per unit in 2021, and then dropped in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($98 per unit), while the average price for exports to Thailand totaled $96 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Engine Generator Imports in Vietnam
In 2022, approx. 107K units of generators for internal combustion engines were imported into Vietnam; reducing by -21.8% compared with 2021. Overall, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 78%. As a result, imports reached the peak of 137K units, and then declined sharply in the following year.
In value terms, engine generator imports reduced sharply to $12M in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Over the period under review, imports attained the maximum at $15M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Engine Generator in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.2 | 3.1 | 4.8 | 3.9 | -9.1% |
Thailand | 4.4 | 3.3 | 4.5 | 3.7 | -5.6% |
China | 2.2 | 1.5 | 2.0 | 1.7 | -8.2% |
South Korea | 1.4 | 1.1 | 2.1 | 1.7 | 6.7% |
Italy | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
United States | 0.9 | 0.1 | N/A | 0.3 | -30.7% |
Others | 0.9 | 0.6 | 0.6 | 0.6 | -12.6% |
Total | 15.0 | 9.7 | 14.4 | 12.0 | -7.2% |
Top Suppliers of Engine Generator to Vietnam in 2022:
- Japan (34.9K units)
- Thailand (33.1K units)
- South Korea (15.6K units)
- China (15.0K units)
- Italy (2.4K units)
- United States (1.6K units)
Engine Generator Exports in Vietnam
In 2022, exports of generators for internal combustion engines from Vietnam totaled 42K units, growing by 3.6% compared with the previous year's figure. Over the period under review, exports showed a slight increase. The pace of growth appeared the most rapid in 2020 with an increase of 6.5% against the previous year. As a result, the exports attained the peak of 44K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, engine generator exports fell to $4.1M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 6.2% against the previous year. As a result, the exports attained the peak of $4.3M, and then declined slightly in the following year.
Export of Engine Generator in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.1 | 3.7 | 3.9 | 4.0 | 8.9% |
Thailand | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
Others | 0.4 | 0.2 | 0.3 | 0.1 | -37.0% |
Total | 3.9 | 4.0 | 4.3 | 4.1 | 1.7% |
Top Export Markets for Engine Generator from Vietnam in 2022:
- Japan (40.3K units)
- Thailand (1.2K units)
This report provides an in-depth analysis of the engine generator 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 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
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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