Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam - 2022
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam (CIF) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam (FOB) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam (CIF) - 2022
In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.4 per unit, with a decrease of -12.2% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 203% against the previous year. The import price peaked at $6.5 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Japan ($0.5 per unit), while the price for Thailand (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-6.8%), while the prices for the other major suppliers experienced a decline.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam (FOB) - 2022
In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $1.5 per unit, growing by 50% against the previous year. Over the period under review, the export price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices attained the maximum at $5.3 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($6.5 per unit), while the average price for exports to Myanmar ($0.1 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 Germany (+12.7%), while the prices for the other major destinations experienced a decline.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam
In 2022, imports of drawing, marking-out or mathematical calculating instrumentses into Vietnam skyrocketed to 18M units, increasing by 68% on the year before. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses soared to $8M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,208 | 4,049 | 4,200 | 6,691 | 27.8% |
| Japan | 597 | 485 | 311 | 364 | -15.2% |
| South Korea | 166 | 128 | 139 | 183 | 3.3% |
| Taiwan (Chinese) | 283 | 226 | 207 | 112 | -26.6% |
| Thailand | 93.3 | 66.1 | 63.0 | 109 | 5.3% |
| Germany | 122 | 105 | 193 | 92.7 | -8.7% |
| Others | 525 | 385 | 336 | 468 | -3.8% |
| Total | 4,994 | 5,445 | 5,448 | 8,020 | 17.1% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Vietnam in 2022:
- China (13.3M units)
- Thailand (2.4M units)
- Japan (0.7M units)
- South Korea (0.4M units)
- Taiwan (Chinese) (0.2M units)
- Germany (0.2M units)
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam
For the fourth year in a row, Vietnam recorded growth in shipments abroad of drawing, marking-out or mathematical calculating instrumentses, which increased by 46% to 3.1M units in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 311%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $4.5M in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 412%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 78.9 | 617 | 1,281 | 2,681 | 223.9% |
| Germany | 4.8 | 566 | 0.5 | 1,077 | 507.7% |
| Canada | 9.1 | 1.8 | 3.4 | 113 | 131.6% |
| Australia | 9.5 | 5.5 | 58.1 | 77.9 | 101.7% |
| Egypt | N/A | N/A | N/A | 73.2 | 0% |
| China | 2.2 | 5.1 | 370 | 33.7 | 148.4% |
| Myanmar | 8.2 | 3.7 | 5.6 | 4.0 | -21.3% |
| Others | 145 | 122 | 310 | 393 | 39.4% |
| Total | 258 | 1,321 | 2,030 | 4,452 | 158.4% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Vietnam in 2022:
- United States (2027.8K units)
- Australia (309.0K units)
- Germany (166.6K units)
- Canada (80.5K units)
- China (76.2K units)
- Egypt (52.4K units)
- Myanmar (36.6K units)
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