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Vietnam - Tools, hand; sets, of articles of two or more of the foregoing items - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Market for Tools, hand; sets, of articles of two or more of the foregoing items 2024
Market Size for Tools, hand; sets, of articles of two or more of the foregoing items in Vietnam
The Vietnamese market for tools, hand; sets, of articles of two or more of the foregoing itemses dropped to $X,553,008.5B in 2023, declining by X% against the previous year. Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market hit record highs at $X,516,726.1B in 2022, and then reduced in the following year.
Production of Tools, hand; sets, of articles of two or more of the foregoing items in Vietnam
In value terms, production of tools, hand; sets, of articles of two or more of the foregoing itemses shrank to $X,309,975.6B in 2023 estimated in export price. In general, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Production of peaked at $X,427,893.3B in 2022, and then fell in the following year.
Exports of Tools, hand; sets, of articles of two or more of the foregoing items
Exports from Vietnam
In 2023, approx. X tons of tools, hand; sets, of articles of two or more of the foregoing itemses were exported from Vietnam; picking up by X% compared with the previous year. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, exports of tools, hand; sets, of articles of two or more of the foregoing itemses surged to $X in 2023. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
Exports by Country
Slovenia (X tons) was the main destination for exports of tools, hand; sets, of articles of two or more of the foregoing itemses from Vietnam, with a X% share of total exports. Moreover, exports of tools, hand; sets, of articles of two or more of the foregoing itemses to Slovenia exceeded the volume sent to the second major destination, Spain (X tons), fivefold. The third position in this ranking was held by Saudi Arabia (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Slovenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Saudi Arabia (X% per year).
In value terms, the largest markets for tools, hand; sets, of articles of two or more of the foregoing items exported from Vietnam were Spain ($X), Slovenia ($X) and Saudi Arabia ($X), with a combined X% share of total exports.
Among the main countries of destination, Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for tools, hand; sets, of articles of two or more of the foregoing itemses stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for tools, hand; sets, of articles of two or more of the foregoing itemses increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2022, and then contracted modestly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, hand; sets, of articles of two or more of the foregoing items
Imports into Vietnam
Imports of tools, hand; sets, of articles of two or more of the foregoing itemses into Vietnam shrank markedly to X tons in 2023, which is down by X% against the year before. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank sharply in the following year.
In value terms, imports of tools, hand; sets, of articles of two or more of the foregoing itemses contracted markedly to $X in 2023. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.
Imports by Country
In 2023, China (X tons) was the main supplier of tools, hand; sets, of articles of two or more of the foregoing items to Vietnam, accounting for a X% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a X% share of total imports. The third position in this ranking was held by South Korea (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and South Korea (X% per year).
In value terms, China ($X) constituted the largest supplier of tools, hand; sets, of articles of two or more of the foregoing itemses to Vietnam, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).
Import Prices by Country
In 2023, the average import price for tools, hand; sets, of articles of two or more of the foregoing itemses amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, posted a moderate expansion. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for tools, hand; sets, of articles of two or more of the foregoing items 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 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
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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