Vietnam - Festive Or Carnival Articles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFestive Articles Price in Vietnam - 2022
Contents:
- Festive Articles Price in Vietnam (FOB) - 2022
- Festive Articles Price in Vietnam (CIF) - 2022
- Festive Articles Exports in Vietnam
- Festive Articles Imports in Vietnam
Festive Articles Price in Vietnam (FOB) - 2022
In 2022, the average festive articles export price amounted to $13,840 per ton, rising by 5.8% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, festive articles export price decreased by -14.9% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 44% against the previous year. Over the period under review, the average export prices hit record highs at $16,266 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($17,226 per ton) and Japan ($16,585 per ton), while the average price for exports to the UK ($13,348 per ton) and the United States ($13,348 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Festive Articles Price in Vietnam (CIF) - 2022
The average festive articles import price stood at $11,744 per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2020 an increase of 19%. The import price peaked at $12,252 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($12,173 per ton), while the price for China amounted to $11,731 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%).
Festive Articles Exports in Vietnam
In 2022, the amount of festive or carnival articles exported from Vietnam declined remarkably to 1.7K tons, falling by -34.5% on the previous year. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 222% against the previous year. As a result, the exports reached the peak of 2.5K tons, and then shrank rapidly in the following year.
In value terms, festive articles exports declined rapidly to $23M in 2022. In general, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 159% against the previous year. As a result, the exports reached the peak of $33M, and then contracted remarkably in the following year.
Export of Festive Articles in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.7 | 8.9 | 25.1 | 16.0 | 41.1% |
Japan | 6.2 | 2.2 | 2.9 | 3.7 | -15.8% |
Canada | 0.1 | 0.4 | 1.8 | 1.1 | 122.4% |
United Kingdom | 0.4 | 0.3 | 1.0 | 0.6 | 14.5% |
Others | 1.0 | 1.0 | 2.6 | 1.7 | 19.3% |
Total | 13.4 | 12.8 | 33.3 | 23.1 | 19.9% |
Top Export Markets for Festive Articles from Vietnam in 2022:
- United States (1195.6 tons)
- Japan (221.4 tons)
- Canada (83.7 tons)
- United Kingdom (46.5 tons)
Festive Articles Imports in Vietnam
In 2022, approx. 268 tons of festive or carnival articles were imported into Vietnam; with a decrease of -7.3% against the year before. Over the period under review, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 17%.
In value terms, festive articles imports shrank to $3.1M in 2022. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.
Import of Festive Articles in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.7 | 2.7 | 3.2 | 3.0 | -6.8% |
Thailand | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 3.8 | 2.9 | 3.4 | 3.1 | -6.6% |
Top Suppliers of Festive Articles to Vietnam in 2022:
- China (258.0 tons)
- Thailand (7.5 tons)
This report provides an in-depth analysis of the festive articles 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 32995150 - Festive, carnival or other entertainment articles, n.e.c.
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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