Price for Artwork; Collages and Similar Decorative Plaques in Vietnam - 2022

Contents:

1. Price for Artwork; Collages and Similar Decorative Plaques in Vietnam (FOB) - 2022
2. Price for Artwork; Collages and Similar Decorative Plaques in Vietnam (CIF) - 2022
3. Exports of Artwork; Collages and Similar Decorative Plaques in Vietnam
4. Imports of Artwork; Collages and Similar Decorative Plaques in Vietnam

Price for Artwork; Collages and Similar Decorative Plaques in Vietnam (FOB) - 2022

The average export price for artwork; collages and similar decorative plaqueses stood at $22,355 per ton in 2022, growing by 7.1% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for artwork; collages and similar decorative plaqueses increased by +33.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 74% against the previous year. The export price peaked at $26,446 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($22,370 per ton), while the average price for exports to the Philippines amounted to $21,940 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in Vietnam (CIF) - 2022

In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $16,328 per ton, which is down by -6.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 140%. The import price peaked at $36,328 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($200,313 per ton), while the price for China ($1,787 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Artwork; Collages and Similar Decorative Plaques in Vietnam

In 2022, after three years of growth, there was significant decline in overseas shipments of artwork; collages and similar decorative plaqueses, when their volume decreased by -23.3% to 12 tons. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 110%.

In value terms, exports of artwork; collages and similar decorative plaqueses declined rapidly to $278K in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. As a result, the exports reached the peak of $339K, and then contracted markedly in the following year.

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Vietnam in 2022:

1. Sri Lanka (12.0 tons)
2. Philippines (0.4 tons)

Imports of Artwork; Collages and Similar Decorative Plaques in Vietnam

In 2022, imports of artwork; collages and similar decorative plaqueses into Vietnam shrank significantly to 16 tons, with a decrease of -20.2% against 2021 figures. Overall, imports showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by 276% against the previous year. As a result, imports attained the peak of 20 tons, and then dropped notably in the following year.

In value terms, imports of artwork; collages and similar decorative plaqueses declined significantly to $264K in 2022. Over the period under review, imports, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. As a result, imports attained the peak of $355K, and then shrank dramatically in the following year.

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Vietnam in 2022:

1. China (11.2 tons)
2. United States (2.5 tons)
3. South Korea (1.0 tons)
4. France (0.7 tons)
5. Russia (0.3 tons)
6. Italy (0.2 tons)
7. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform