Vietnam - Milking Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilking Machine Price in Vietnam - 2022
Contents:
- Milking Machine Price in Vietnam (CIF) - 2022
- Milking Machine Price in Vietnam (FOB) - 2022
- Milking Machine Imports in Vietnam
- Milking Machine Exports in Vietnam
Milking Machine Price in Vietnam (CIF) - 2022
In 2022, the average milking machine import price amounted to $3,697 per unit, growing by 9.2% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machine import price increased by +68.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 28% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($7,647 per unit), while the price for Sweden ($273 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Milking Machine Price in Vietnam (FOB) - 2022
The average milking machine export price stood at $4,349 per unit in 2020, with an increase of 1,151% against the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 9,777%. Over the period under review, the average export prices hit record highs in 2020 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.
From 2013 to 2020, the rate of growth in terms of prices for the United States amounted to +33.2% per year.
Milking Machine Imports in Vietnam
In 2022, the amount of milking machines imported into Vietnam contracted to 315 units, falling by -10.3% against the year before. Overall, imports saw a significant decline. Imports peaked at 716 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, milking machine imports contracted modestly to $1.2M in 2022. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.2%. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Milking Machine in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 5.6 | 93.5 | 628 | 825 | 428.1% |
Israel | 1,103 | 561 | 344 | 118 | -52.5% |
Germany | 143 | 62.1 | 53.9 | 62.0 | -24.3% |
Sweden | 110 | 60.3 | 43.4 | 41.3 | -27.9% |
Italy | 24.8 | 40.2 | 32.3 | 34.4 | 11.5% |
China | 63.5 | 32.0 | 19.2 | 32.4 | -20.1% |
Turkey | 67.5 | 40.4 | 33.7 | 10.2 | -46.7% |
Others | 58.4 | 252 | 36.2 | 42.4 | -10.1% |
Total | 1,576 | 1,142 | 1,190 | 1,166 | -9.6% |
Top Suppliers of Milking Machine to Vietnam in 2022:
- Sweden (151.0 units)
- New Zealand (108.0 units)
- Israel (15.0 units)
- China (14.0 units)
- Germany (9.0 units)
- Italy (6.0 units)
- Turkey (5.0 units)
Milking Machine Exports in Vietnam
In 2020, exports of milking machines from Vietnam contracted rapidly to 1 units, waning by -50% against the previous year's figure. Overall, exports continue to indicate a sharp contraction. The exports peaked at 2 units in 2019, and then fell notably in the following year.
In value terms, milking machine exports skyrocketed to $4.3K in 2020. In general, exports, however, enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Milking Machine in Vietnam (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Lao People's Democratic Republic | N/A | 366 | 0% | ||
Singapore | 136 | N/A | 0% | ||
United States | 664 | N/A | 0% | ||
Others | N/A | 3,983 | 0% | ||
Total | 800 | 4,349 | 443.6% |
Top Export Markets for Milking Machine from Vietnam in 2022:
- Lao People's Democratic Republic (1.0 units)
This report provides an in-depth analysis of the milking machine 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 28308200 - Milking machines
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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