Vietnam - Lighting Sets for Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Market for Lighting Sets for Christmas Trees 2024
Market Size for Lighting Sets for Christmas Trees in Vietnam
The Vietnamese market for lighting sets for christmas trees fell to $X in 2023, waning by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.
Production of Lighting Sets for Christmas Trees in Vietnam
In value terms, lighting set for christmas trees production dropped modestly to $X in 2023 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.
Exports of Lighting Sets for Christmas Trees
Exports from Vietnam
Lighting set for christmas trees exports from Vietnam skyrocketed to X units in 2023, rising by X% on the previous year's figure. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked in 2023 and are likely to see steady growth in the immediate term.
In value terms, lighting set for christmas trees exports surged to $X in 2023. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in the near future.
Exports by Country
The United States (X units) was the main destination for lighting set for christmas trees exports from Vietnam, accounting for a X% share of total exports. It was followed by Canada (X units), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Italy (X% per year).
In value terms, the United States ($X) remains the key foreign market for lighting sets for christmas trees exports from Vietnam, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Italy (X% per year).
Export Prices by Country
The average export price for lighting sets for christmas trees stood at $X per unit in 2023, rising by X% against the previous year. In general, the export price continues to indicate a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighting Sets for Christmas Trees
Imports into Vietnam
In 2023, imports of lighting sets for christmas trees into Vietnam rose markedly to X units, surging by X% compared with the year before. Overall, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X units in 2015; however, from 2016 to 2023, imports failed to regain momentum.
In value terms, lighting set for christmas trees imports rose significantly to $X in 2023. In general, imports continue to indicate measured growth. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, China (X units) was the main lighting set for christmas trees supplier to Vietnam, with a approx. X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%.
In value terms, China ($X) constituted the largest supplier of lighting sets for christmas trees to Vietnam.
From 2012 to 2023, the average annual growth rate of value from China totaled X%.
Import Prices by Country
In 2023, the average import price for lighting sets for christmas trees amounted to $X per unit, approximately mirroring the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lighting set for christmas trees import price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for lighting set for christmas trees 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 27403200 - Lighting sets for Christmas trees
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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