Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam - 2022
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam (FOB) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $39,627 per unit in 2022, surging by 33% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($256,300 per unit), while the price for the United States ($1,369 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) (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $20,839 per unit in 2022, growing by 21% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 115% against the previous year. The export price peaked at $46,198 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($27,299 per unit), while the average price for exports to Taiwan (Chinese) ($19,167 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 Japan (+64.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam
For the third consecutive year, Vietnam recorded decline in supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses, which decreased by -6.2% to 1.4K units in 2022. Over the period under review, imports showed a abrupt contraction. Imports peaked at 2.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $54M in 2022. Overall, imports continue to indicate a abrupt setback. Imports peaked at $74M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 47.5 | 22.8 | 16.8 | 21.6 | -23.1% |
| China | 12.4 | 14.9 | 10.3 | 16.9 | 10.9% |
| Italy | 0.4 | N/A | N/A | 4.6 | 125.7% |
| India | 1.4 | 0.1 | N/A | 1.3 | -2.4% |
| South Korea | 3.0 | 1.3 | 1.5 | 0.9 | -33.1% |
| Others | 9.5 | 10.8 | 14.4 | 8.3 | -4.4% |
| Total | 74.2 | 49.9 | 43.1 | 53.7 | -10.2% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Vietnam in 2022:
- Japan (582.0 units)
- China (397.0 units)
- Italy (120.0 units)
- India (111.0 units)
- South Korea (104.0 units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam
Exports of casting machines; of a kind used in metallurgy or in metal foundrieses from Vietnam declined sharply to 6 units in 2022, dropping by -64.7% compared with 2021. In general, exports continue to indicate a precipitous setback. The smallest decline of -5.6% was in 2021. The exports peaked at 24 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped rapidly to $125K in 2022. Over the period under review, exports saw a sharp curtailment. The smallest decline of -33.4% was in 2020. Over the period under review, the exports of attained the peak figure at $667K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 3.0 | N/A | 0.4 | 57.5 | 167.6% |
| Japan | 1.9 | 1.1 | 0.6 | 40.2 | 176.6% |
| South Korea | 15.8 | 2.3 | 3.6 | 27.3 | 20.0% |
| Hong Kong SAR | 0.1 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| China | 6.5 | 4.0 | 2.4 | N/A | -39.2% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| Malaysia | 0.1 | N/A | N/A | N/A | 0% |
| India | 10.2 | 7.6 | 4.2 | N/A | -35.8% |
| Indonesia | 8.9 | 4.5 | 2.1 | N/A | -51.4% |
| Mexico | 614 | 424 | 278 | N/A | -32.7% |
| Myanmar | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Lao People's Democratic Republic | 0.9 | 0.5 | 0.3 | N/A | -42.3% |
| Others | 5.8 | 0.1 | 0.1 | N/A | -86.9% |
| Total | 667 | 444 | 292 | 125 | -42.8% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Vietnam in 2022:
- Taiwan (Chinese) (3.0 units)
- Japan (2.0 units)
- South Korea (1.0 units)
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