![Vietnam - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/vietnam-furniture-of-plastic-market-analysis-forecast-size-trends-and-insights.webp)
Vietnam - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPlastic Furniture Price in Vietnam - 2022
Contents:
- Plastic Furniture Price in Vietnam (FOB) - 2022
- Plastic Furniture Price in Vietnam (CIF) - 2022
- Plastic Furniture Exports in Vietnam
- Plastic Furniture Imports in Vietnam
Plastic Furniture Price in Vietnam (FOB) - 2022
The average plastic furniture export price stood at $12 per unit in 2022, dropping by -8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 10%. As a result, the export price attained the peak level of $13 per unit, and then declined in the following year.
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 Cambodia ($17 per unit), while the average price for exports to Taiwan (Chinese) ($7.3 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 Cambodia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Price in Vietnam (CIF) - 2022
The average plastic furniture import price stood at $12 per unit in 2022, falling by -6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2013 an increase of 33%. As a result, import price attained the peak level of $14 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15 per unit), while the price for Sri Lanka ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Exports in Vietnam
In 2022, approx. 4.9M units of furniture of plastic were exported from Vietnam; with an increase of 272% against the previous year. Overall, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports hit record highs at 8.5M units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, plastic furniture exports surged to $59M in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at $101M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Export of Plastic Furniture in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 18.8 | 40.1 | 7.8 | 14.9 | -7.5% |
United Kingdom | 1.4 | 2.2 | 0.9 | 13.8 | 114.4% |
Netherlands | 2.5 | 3.2 | 1.0 | 4.8 | 24.3% |
Mexico | 9.5 | 14.0 | 1.7 | 3.3 | -29.7% |
Finland | 4.8 | 4.0 | 0.7 | 2.8 | -16.4% |
Cambodia | 8.8 | 12.4 | 0.8 | 2.8 | -31.7% |
Sweden | 3.6 | 0.5 | 0.1 | 2.2 | -15.1% |
Taiwan (Chinese) | 5.3 | 5.0 | 0.8 | 1.6 | -32.9% |
France | 1.1 | 0.4 | 0.1 | 1.6 | 13.3% |
Australia | 1.3 | 1.1 | 0.3 | 1.6 | 7.2% |
China | 1.9 | 0.7 | 0.1 | 0.9 | -22.0% |
Germany | 4.3 | 1.7 | 0.5 | 0.8 | -42.9% |
Others | 21.1 | 15.5 | 2.5 | 7.9 | -27.9% |
Total | 84.3 | 101 | 17.3 | 59.0 | -11.2% |
Top Export Markets for Plastic Furniture from Vietnam in 2022:
- United States (1426.5K units)
- United Kingdom (967.1K units)
- Netherlands (338.5K units)
- Mexico (265.5K units)
- Taiwan (Chinese) (218.4K units)
- Finland (209.5K units)
- France (175.5K units)
- Cambodia (168.6K units)
- Sweden (148.5K units)
- Australia (139.2K units)
- China (112.3K units)
- Germany (80.1K units)
Plastic Furniture Imports in Vietnam
In 2022, overseas purchases of furniture of plastic increased by 3% to 439K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports hit record highs at 544K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, plastic furniture imports dropped modestly to $5.3M in 2022. Over the period under review, imports, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 9.1% against the previous year. Imports peaked at $6.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Plastic Furniture in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5,195 | 4,217 | 4,841 | 4,482 | -4.8% |
South Korea | 215 | 139 | 141 | 146 | -12.1% |
Italy | 175 | 43.5 | 44.6 | 112 | -13.8% |
United States | 17.3 | 70.7 | 41.6 | 96.1 | 77.1% |
Japan | 122 | 132 | 98.5 | 55.2 | -23.2% |
Sri Lanka | 10.5 | 11.2 | 12.8 | 14.8 | 12.1% |
Others | 468 | 493 | 390 | 433 | -2.6% |
Total | 6,202 | 5,106 | 5,570 | 5,338 | -4.9% |
Top Suppliers of Plastic Furniture to Vietnam in 2022:
- China (373.1K units)
- South Korea (13.0K units)
- Italy (8.2K units)
- Sri Lanka (6.9K units)
- United States (6.6K units)
- Japan (4.1K units)
This report provides an in-depth analysis of the plastic furniture 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 31091430 - Furniture of plastics (excluding medical, surgical, dental or veterinary furniture - cases and cabinets specially designed for hi-fi systems, videos and televisions)
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
-
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
-
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
-
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
This report provides an in-depth analysis of the plastic furniture market in Vietnam.
This report provides an in-depth analysis of the wooden office furniture market in Vietnam.
This report provides an in-depth analysis of the metal office furniture market in Vietnam.
This report provides an in-depth analysis of the wooden bedroom furniture market in Vietnam.
This report provides an in-depth analysis of the wooden kitchen furniture market in Vietnam.
This report provides an in-depth analysis of the market for furniture of materials other than metal, wood or plastic in Vietnam.
This report provides an in-depth analysis of the metal domestic furniture market in Vietnam.
This report provides an in-depth analysis of the global plastic furniture market.
This report provides an in-depth analysis of the global wooden office furniture market.
Global Metal Furniture Market Report 2018. This report provides an in-depth analysis of the global metal furniture market.
Explore the top import markets for plastic furniture in the world, including key statistics and trends. Discover which countries lead the way in the global trade of plastic furniture.
Global wooden office furniture market is projected to continue its upward consumption trend with an anticipated increase in volume and value. The market is forecasted to grow at a CAGR of +1.4% for the period 2023-2030, reaching 576M units and $60.8B in value by 2030.
Discover the top countries importing wooden office furniture and their import values. Explore the trends in the global market for wooden office furniture.
Explore the world's best import markets for metal office furniture and discover key statistics and insights. Learn about the top countries driving the global market.
China dominates in the global office metal furniture trade. In 2014, China's exports amounted to X thousand tons or X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total metal fur
Explore the top import markets for wooden bedroom furniture in the world and discover the countries with the highest demand for quality wooden furniture imports.
Explore the top import markets for wooden kitchen furniture in 2023, including the United States, France, and the Netherlands. Discover key statistics and insights from IndexBox market intelligence platform.
Explore the top import markets for metal domestic furniture based on Import Value data from IndexBox. Discover the countries with the highest import values and key statistics in the metal furniture industry.
Global trade volume of metal household furniture soared to $33B, reaching the highest level ever. The U.S. remains the key importer of metal furniture worldwide, accounting for 32% of total supplies in 2020.
In 2016, approx. X tons of metal furniture were imported worldwide- rising by X% against the previous year figure. In general, metal furniture imports continue to indicate a relatively flat trend ...