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Vietnam - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in Vietnam - 2022
Contents:
- Machinery for Packing Price in Vietnam (CIF) - 2022
- Machinery for Packing Price in Vietnam (FOB) - 2022
- Machinery for Packing Imports in Vietnam
- Machinery for Packing Exports in Vietnam
Machinery for Packing Price in Vietnam (CIF) - 2022
The average machinery for packing import price stood at $746 per unit in 2022, falling by -13.8% against the previous year. Overall, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 14% against the previous year. The import price peaked at $986 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,678 per unit), while the price for China ($470 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery for Packing Price in Vietnam (FOB) - 2022
In 2022, the average machinery for packing export price amounted to $891 per unit, reducing by -16.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $1,103 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,023 per unit), while the average price for exports to Morocco ($86 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 South Korea (+6.7%), while the prices for the other major destinations experienced a decline.
Machinery for Packing Imports in Vietnam
In 2022, the amount of machinery for packing or wrapping imported into Vietnam rose remarkably to 174K units, with an increase of 6.7% on 2021. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum at 214K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, machinery for packing imports dropped to $130M in 2022. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Imports peaked at $169M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Machinery for Packing in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 62.8 | 49.9 | 67.5 | 47.6 | -8.8% |
South Korea | 38.4 | 20.1 | 20.6 | 26.1 | -12.1% |
Italy | 9.5 | 6.1 | 9.2 | 15.5 | 17.7% |
Japan | 12.2 | 11.7 | 9.2 | 12.5 | 0.8% |
Taiwan (Chinese) | 12.4 | 8.7 | 6.9 | 9.3 | -9.1% |
Germany | 13.4 | 7.1 | 9.4 | 5.7 | -24.8% |
United States | 3.4 | 2.8 | 3.3 | 0.6 | -43.9% |
Others | 17.1 | 11.9 | 15.2 | 12.5 | -9.9% |
Total | 169 | 118 | 141 | 130 | -8.4% |
Top Suppliers of Machinery for Packing to Vietnam in 2022:
- China (101.2K units)
- South Korea (19.3K units)
- Italy (17.8K units)
- Japan (14.4K units)
- Taiwan (Chinese) (6.9K units)
- Germany (3.4K units)
- United States (0.3K units)
Machinery for Packing Exports in Vietnam
In 2022, exports of machinery for packing or wrapping from Vietnam surged to 8.7K units, rising by 117% compared with 2021. In general, exports, however, continue to indicate a deep setback. Over the period under review, the exports attained the maximum at 12K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, machinery for packing exports soared to $7.8M in 2022. Overall, exports, however, saw a deep setback. Over the period under review, the exports attained the maximum at $12M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Machinery for Packing in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5,209 | 4,793 | 1,670 | 6,118 | 5.5% |
Switzerland | 336 | 1,110 | 468 | 304 | -3.3% |
South Korea | 122 | 150 | 184 | 111 | -3.1% |
Bangladesh | 507 | 502 | 156 | 93.7 | -43.0% |
Cambodia | 324 | 508 | 78.2 | 82.1 | -36.7% |
Morocco | 174 | 333 | 129 | 77.7 | -23.6% |
Indonesia | 304 | 410 | 101 | 77.4 | -36.6% |
China | 525 | 241 | 138 | 59.8 | -51.5% |
Taiwan (Chinese) | 444 | 102 | 41.3 | 53.7 | -50.5% |
Thailand | 1,567 | 376 | 49.2 | 50.5 | -68.2% |
Others | 2,226 | 2,735 | 1,269 | 745 | -30.6% |
Total | 11,739 | 11,260 | 4,284 | 7,772 | -12.8% |
Top Export Markets for Machinery for Packing from Vietnam in 2022:
- Japan (5978.0 units)
- Morocco (902.0 units)
- Switzerland (323.0 units)
- South Korea (153.0 units)
- Bangladesh (129.0 units)
- Cambodia (95.0 units)
- Indonesia (91.0 units)
- Taiwan (Chinese) (63.0 units)
- Thailand (58.0 units)
- China (42.0 units)
This report provides an in-depth analysis of the machinery for packing 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
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
-
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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