Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam - 2022
Contents:
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam (CIF) - 2022
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam (FOB) - 2022
- Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam
- Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam (CIF) - 2022
The average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $52 thousand per unit in 2022, picking up by 35% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 84%. As a result, import price attained the peak level of $130 thousand per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Norway ($52 thousand per unit) and the United States ($52 thousand per unit), while the price for France ($51 thousand per unit) and Thailand ($52 thousand per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.9%), while the prices for the other major suppliers experienced a decline.
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam (FOB) - 2022
The average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $4.9 thousand per unit in 2022, leveling off at the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 63% against the previous year. The export price peaked at $32 thousand per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($5 thousand per unit), while the average price for exports to Turkey ($2 thousand 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 (-2.1%), while the prices for the other major destinations experienced a decline.
Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam
For the third consecutive year, Vietnam recorded decline in overseas purchases of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses, which decreased by -30.7% to 8.8K units in 2022. Over the period under review, imports saw a abrupt descent. The smallest decline of -1.8% was in 2021. Imports peaked at 16K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses contracted to $457M in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of $490M, and then contracted in the following year.
| Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 155 | 133 | 177 | 185 | 6.1% |
| Japan | 33.4 | 37.9 | 54.1 | 52.1 | 16.0% |
| South Korea | 40.9 | 66.2 | 33.5 | 34.1 | -5.9% |
| Indonesia | 41.1 | 32.3 | 34.3 | 31.6 | -8.4% |
| Italy | 34.4 | 17.0 | 32.6 | 21.5 | -14.5% |
| Taiwan (Chinese) | 22.2 | 21.5 | 18.1 | 20.4 | -2.8% |
| Germany | 26.9 | 21.5 | 36.3 | 19.9 | -9.6% |
| United States | 14.2 | 23.7 | 21.6 | 16.4 | 4.9% |
| India | 4.5 | 3.5 | 14.8 | 16.2 | 53.3% |
| Norway | 22.9 | 18.3 | 11.3 | 16.0 | -11.3% |
| Thailand | 7.0 | 7.5 | 9.0 | 8.9 | 8.3% |
| Others | 58.6 | 46.5 | 47.1 | 34.8 | -15.9% |
| Total | 462 | 429 | 490 | 457 | -0.4% |
Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Vietnam in 2022:
- China (3559.0 units)
- Japan (1002.0 units)
- South Korea (656.0 units)
- Indonesia (608.0 units)
- Italy (414.0 units)
- Taiwan (Chinese) (394.0 units)
- Germany (383.0 units)
- United States (315.0 units)
- India (311.0 units)
- Norway (307.0 units)
- Thailand (172.0 units)
Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam
In 2022, the amount of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses exported from Vietnam rose remarkably to 58K units, picking up by 10% against the year before. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses totaled $286M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 25.9 | 29.0 | 51.1 | 75.6 | 42.9% |
| United States | 22.7 | 36.9 | 55.0 | 48.8 | 29.1% |
| Japan | 34.1 | 43.5 | 44.5 | 46.5 | 10.9% |
| China | 13.1 | 14.1 | 22.8 | 25.1 | 24.2% |
| Thailand | 7.6 | 10.3 | 21.5 | 22.1 | 42.7% |
| Mexico | 1.2 | 2.2 | 20.4 | 13.1 | 121.8% |
| Indonesia | 1.8 | 6.0 | 6.7 | 12.6 | 91.3% |
| Germany | 4.5 | 4.1 | 6.5 | 5.9 | 9.4% |
| India | 0.6 | 1.6 | 3.8 | 5.8 | 113.0% |
| Turkey | 1.3 | 1.7 | 2.0 | 1.9 | 13.5% |
| Others | 23.1 | 29.7 | 29.9 | 29.1 | 8.0% |
| Total | 136 | 179 | 264 | 286 | 28.1% |
Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Vietnam in 2022:
- South Korea (15.2K units)
- United States (9.8K units)
- Japan (9.4K units)
- China (5.1K units)
- Thailand (4.4K units)
- Mexico (2.6K units)
- Indonesia (2.5K units)
- India (1.2K units)
- Germany (1.2K units)
- Turkey (1.0K units)
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