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Vietnam - Parts of Harvester and Threshers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Market for Parts Of Harvester And Threshers 2024
Market Size for Parts Of Harvester And Threshers in Vietnam
After two years of growth, the Vietnamese market for parts of harvester and threshers decreased by -4.7% to $X in 2021. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.
Production of Parts Of Harvester And Threshers in Vietnam
In value terms, parts of harvester and threshers production shrank to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 25% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.
Exports of Parts Of Harvester And Threshers
Exports from Vietnam
In 2021, the amount of parts of harvester and threshers exported from Vietnam dropped modestly to X units, waning by -4.8% on the previous year's figure. Overall, exports, however, saw prominent growth. The growth pace was the most rapid in 2017 with an increase of 163%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
In value terms, parts of harvester and threshers exports skyrocketed to $X in 2021. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.
Exports by Country
The United States (X units) was the main destination for parts of harvester and threshers exports from Vietnam, accounting for a 50% share of total exports. Moreover, parts of harvester and threshers exports to the United States exceeded the volume sent to the second major destination, the Philippines (X units), threefold. Thailand (X units) ranked third in terms of total exports with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +24.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+46.1% per year) and Thailand (+96.4% per year).
In value terms, the United States ($X) remains the key foreign market for parts of harvester and threshers exports from Vietnam, comprising 56% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 16% share of total exports. It was followed by Thailand, with a 9.1% share.
From 2012 to 2021, the average annual growth rate of value to the United States amounted to +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+51.1% per year) and Thailand (+122.8% per year).
Export Prices by Country
The average export price for parts of harvester and threshers stood at $X per unit in 2021, jumping by 21% against the previous year. In general, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 52% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Parts Of Harvester And Threshers
Imports into Vietnam
For the fifth year in a row, Vietnam recorded growth in supplies from abroad of parts of harvester and threshers, which increased by 14% to X units in 2021. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.
In value terms, parts of harvester and threshers imports totaled $X in 2021. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 93% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.
Imports by Country
In 2021, China (X units) constituted the largest supplier of parts of harvester and threshers to Vietnam, with a 83% share of total imports. Moreover, parts of harvester and threshers imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from China stood at +41.3%.
In value terms, China ($X) constituted the largest supplier of parts of harvester and threshers to Vietnam, comprising 82% of total imports. The second position in the ranking was held by Spain ($X), with a 1.5% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +33.0%.
Import Prices by Country
The average import price for parts of harvester and threshers stood at $X per unit in 2021, approximately mirroring the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 6.9%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Spain amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.4%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for parts of harvester and threshers 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 28309100 - Parts of machinery and apparatus of HS
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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