Vietnam - Sealed Beam Lamp Units - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSealed Beam Price in Vietnam - 2022
Contents:
- Sealed Beam Price in Vietnam (CIF) - 2022
- Sealed Beam Price in Vietnam (FOB) - 2022
- Sealed Beam Imports in Vietnam
- Sealed Beam Exports in Vietnam
Sealed Beam Price in Vietnam (CIF) - 2022
The average sealed beam import price stood at $6.1 per unit in 2022, with an increase of 29% against the previous year. In general, the import price showed a modest increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 196% against the previous year. Over the period under review, average import prices reached the peak figure at $7.2 per unit in 2017; however, from 2018 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 China ($55 per unit), while the price for Taiwan (Chinese) ($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 China (+24.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sealed Beam Price in Vietnam (FOB) - 2022
The average sealed beam export price stood at $11 per unit in 2022, increasing by 4.3% against the previous year. Over the period under review, the export price, however, faced a abrupt decline. The growth pace was the most rapid in 2014 an increase of 35%. The export price peaked at $73 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($12,496 per unit), while the average price for exports to Thailand ($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 Malaysia (+108.2%), while the prices for the other major destinations experienced a decline.
Sealed Beam Imports in Vietnam
In 2022, approx. 332K units of sealed beam lamp units were imported into Vietnam; with an increase of 13% on the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 89%. As a result, imports reached the peak of 370K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sealed beam imports surged to $2M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 149%. As a result, imports reached the peak of $2.7M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Sealed Beam in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 211 | 298 | 193 | 1,667 | 99.2% |
Taiwan (Chinese) | 87.8 | 149 | 81.8 | 20.5 | -38.4% |
Thailand | 9.1 | 4.9 | 35.2 | 8.2 | -3.4% |
Others | 756 | 2,201 | 1,079 | 325 | -24.5% |
Total | 1,064 | 2,653 | 1,388 | 2,021 | 23.8% |
Top Suppliers of Sealed Beam to Vietnam in 2022:
- Taiwan (Chinese) (231.9K units)
- Thailand (68.0K units)
- China (30.1K units)
Sealed Beam Exports in Vietnam
In 2022, exports of sealed beam lamp units from Vietnam reduced rapidly to 9K units, falling by -21.1% compared with 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. As a result, the exports reached the peak of 11K units, and then contracted significantly in the following year.
In value terms, sealed beam exports plummeted to $102K in 2022. Overall, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, the exports reached the peak of $123K, and then shrank remarkably in the following year.
Export of Sealed Beam in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 0.1 | 20.6 | 40.3 | 30.4 | 572.4% |
United States | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
Thailand | 1.7 | 0.8 | 1.0 | 0.8 | -22.2% |
Others | 89.7 | 58.2 | 81.7 | 69.5 | -8.2% |
Total | 91.6 | 79.7 | 123 | 102 | 3.6% |
Top Export Markets for Sealed Beam from Vietnam in 2022:
- United States (undefinedK units)
- Thailand (8.9K units)
This report provides an in-depth analysis of the sealed beam market 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 27401100 - Sealed beam lamp units
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
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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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