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Vietnam - Planes, Chisels And Gouges For Working Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGouges and Chisels Price in Vietnam - 2022
Contents:
- Gouges and Chisels Price in Vietnam (FOB) - 2022
- Gouges and Chisels Price in Vietnam (CIF) - 2022
- Gouges and Chisels Exports in Vietnam
- Gouges and Chisels Imports in Vietnam
Gouges and Chisels Price in Vietnam (FOB) - 2022
In 2022, the average gouges and chisels export price amounted to $32,140 per ton, flattening at the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gouges and chisels export price decreased by -2.6% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices reached the peak figure at $33,012 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($32,749 per ton), while the average price for exports to the United States ($31,698 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Gouges and Chisels Price in Vietnam (CIF) - 2022
In 2022, the average gouges and chisels import price amounted to $6,001 per ton, remaining constant against the previous year. Overall, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 24% against the previous year. The import price peaked at $14,314 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,138 per ton), while the price for Sweden ($3,140 per ton) 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 a decline.
Gouges and Chisels Exports in Vietnam
In 2022, approx. 30 tons of planes, chisels and gouges for working wood were exported from Vietnam; with a decrease of -32.3% compared with the previous year's figure. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 183%. As a result, the exports reached the peak of 44 tons, and then contracted notably in the following year.
In value terms, gouges and chisels exports shrank significantly to $955K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. As a result, the exports attained the peak of $1.4M, and then declined remarkably in the following year.
Export of Gouges and Chisels in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 121 | 82.3 | 257 | 454 | 55.4% |
Japan | 339 | 294 | 199 | 437 | 8.8% |
Australia | 54.4 | 60.7 | 7.6 | 63.8 | 5.5% |
China | N/A | 70.5 | 932 | N/A | 1222.0% |
Others | N/A | 4.7 | 1.5 | N/A | -68.1% |
Total | 514 | 512 | 1,398 | 955 | 22.9% |
Top Export Markets for Gouges and Chisels from Vietnam in 2022:
- United States (14.3 tons)
- Japan (13.4 tons)
- Australia (1.9 tons)
Gouges and Chisels Imports in Vietnam
In 2022, the amount of planes, chisels and gouges for working wood imported into Vietnam reduced dramatically to 227 tons, dropping by -15.5% on the previous year's figure. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of 268 tons, and then declined dramatically in the following year.
In value terms, gouges and chisels imports dropped to $1.4M in 2022. In general, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year.
Import of Gouges and Chisels in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 528 | 388 | 1,387 | 1,114 | 28.3% |
Taiwan (Chinese) | 844 | 324 | 18.8 | 84.8 | -53.5% |
South Korea | 188 | 107 | 83.4 | 66.9 | -29.1% |
Japan | 496 | 182 | 60.6 | 62.0 | -50.0% |
Sweden | 20.5 | 112 | 40.0 | 32.1 | 16.1% |
Others | 55.4 | 18.5 | 2.6 | 2.3 | -65.4% |
Total | 2,132 | 1,131 | 1,593 | 1,362 | -13.9% |
Top Suppliers of Gouges and Chisels to Vietnam in 2022:
- China (181.5 tons)
- Taiwan (Chinese) (13.8 tons)
- South Korea (10.9 tons)
- Sweden (10.2 tons)
- Japan (10.1 tons)
This report provides an in-depth analysis of the gouges and chisels 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 25733057 - Planes, chisels, gouges and similar cutting tools for working wood
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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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