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Vietnam - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Geometrical Quantities Electronic Measurer in Vietnam - 2022
Contents:
- Price for Geometrical Quantities Electronic Measurer in Vietnam (CIF) - 2022
- Price for Geometrical Quantities Electronic Measurer in Vietnam (FOB) - 2022
- Imports of Geometrical Quantities Electronic Measurer in Vietnam
- Exports of Geometrical Quantities Electronic Measurer in Vietnam
Price for Geometrical Quantities Electronic Measurer in Vietnam (CIF) - 2022
The average geometrical quantities electronic measurer import price stood at $57 per unit in 2022, with a decrease of -2.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $71 per unit in 2020; however, from 2021 to 2022, 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 ($103 per unit), while the price for China ($41 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) (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Geometrical Quantities Electronic Measurer in Vietnam (FOB) - 2022
In 2022, the average geometrical quantities electronic measurer export price amounted to $100 per unit, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.7%. The pace of growth appeared the most rapid in 2013 an increase of 49% against the previous year. Over the period under review, the average export prices reached the maximum at $103 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +6.2% per year.
Imports of Geometrical Quantities Electronic Measurer in Vietnam
In 2022, after three years of growth, there was significant decline in supplies from abroad of electronic instruments and machines for measuring geometrical quantities, when their volume decreased by -5.7% to 15M units. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of 15M units, and then declined in the following year.
In value terms, geometrical quantities electronic measurer imports contracted to $830M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45%. Imports peaked at $899M in 2021, and then contracted in the following year.
Import of Geometrical Quantities Electronic Measurer in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 135 | 225 | 252 | 458 | 50.3% |
Japan | 51.8 | 82.8 | 89.6 | 174 | 49.8% |
United States | 16.1 | 29.5 | 12.8 | 25.7 | 16.9% |
South Korea | 227 | 267 | 400 | N/A | 32.7% |
Others | 96.4 | 156 | 145 | 172 | 21.3% |
Total | 526 | 760 | 899 | 830 | 16.4% |
Top Suppliers of Geometrical Quantities Electronic Measurer to Vietnam in 2022:
- China (11.2M units)
- Japan (1.8M units)
- United States (0.2M units)
Exports of Geometrical Quantities Electronic Measurer in Vietnam
After three years of growth, overseas shipments of electronic instruments and machines for measuring geometrical quantities decreased by -29.8% to 2.2M units in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 148% against the previous year. As a result, the exports reached the peak of 3.1M units, and then fell significantly in the following year.
In value terms, geometrical quantities electronic measurer exports dropped significantly to $217M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 139%. As a result, the exports attained the peak of $305M, and then dropped rapidly in the following year.
Export of Geometrical Quantities Electronic Measurer in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | N/A | N/A | N/A | 217 | 0% |
South Korea | 31.1 | 38.9 | 52.7 | N/A | 30.2% |
China | 9.1 | 10.7 | 13.1 | N/A | 20.0% |
United States | 12.9 | 27.1 | 171 | N/A | 264.1% |
India | 3.7 | 5.9 | 5.9 | N/A | 26.3% |
Others | 13.4 | 45.0 | 63.0 | N/A | 116.8% |
Total | 70.3 | 128 | 305 | 217 | 45.6% |
Top Export Markets for Geometrical Quantities Electronic Measurer from Vietnam in 2022:
- Myanmar (2.2M units)
This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))
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
-
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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