Report Update: May 6, 2024

Vietnam - Dryers For The Treatment Of Agricultural Products - Market Analysis, Forecast, Size, Trends And Insights

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Agricultural Product Dryer Price in Vietnam - 2021

Agricultural Product Dryer Price in Vietnam (CIF) - 2022

The average agricultural product dryer import price stood at $4,903 per unit in 2022, which is down by -13.5% against the previous year. Overall, the import price recorded a precipitous decline. The pace of growth was the most pronounced in 2013 an increase of 40% against the previous year. As a result, import price reached the peak level of $78,718 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,741 per unit), while the price for Germany ($4,628 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-17.9%), while the prices for the other major suppliers experienced a decline.

Agricultural Product Dryer Price in Vietnam (FOB) - 2022

The average agricultural product dryer export price stood at $31,930 per unit in 2022, reducing by -7.6% against the previous year. Overall, the export price, however, posted a notable expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 71% against the previous year. The export price peaked at $47,339 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($40,580 per unit), while the average price for exports to Australia ($4,468 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 Lao People's Democratic Republic (-1.2%), while the prices for the other major destinations experienced a decline.

Agricultural Product Dryer Imports in Vietnam

In 2022, approx. 2K units of dryers for the treatment of agricultural products were imported into Vietnam; with an increase of 43% on the previous year's figure. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 107%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, agricultural product dryer imports surged to $9.8M in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Agricultural Product Dryer in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3,359	3,765	4,572	4,760	12.3%
India	180	2,783	489	1,180	87.2%
Taiwan (Chinese)	446	344	1,059	1,103	35.2%
Germany	647	1,786	15.9	837	9.0%
Netherlands	593	1,417	8.8	690	5.2%
United States	55.6	46.3	468	487	106.1%
South Korea	359	439	101	307	-5.1%
Japan	727	35.3	72.7	285	-26.8%
Switzerland	N/A	464	N/A	N/A	0%
Singapore	N/A	362	13.7	N/A	-96.2%
Turkey	1,684	N/A	N/A	N/A	0%
Others	542	208	1,083	116	-40.2%
Total	8,592	11,650	7,884	9,767	4.4%

Top Suppliers of Agricultural Product Dryer to Vietnam in 2022:

China (1002.0 units)
India (236.0 units)
Taiwan (Chinese) (211.0 units)
Germany (181.0 units)
Netherlands (144.0 units)
United States (63.0 units)
Japan (61.0 units)
South Korea (47.0 units)

Agricultural Product Dryer Exports in Vietnam

Agricultural product dryer exports from Vietnam soared to 24 units in 2022, rising by 71% against the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by 0.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, agricultural product dryer exports soared to $766K in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. Over the period under review, the exports reached the maximum at $1M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Agricultural Product Dryer in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	152	502	116	250	18.0%
Lao People's Democratic Republic	492	96.8	128	232	-22.2%
Thailand	43.6	88.1	84.0	96.7	30.4%
Cote d'Ivoire	93.2	125	58.0	90.4	-1.0%
Nigeria	40.1	89.5	8.6	43.9	3.1%
Cambodia	8.9	56.8	2.8	21.7	34.6%
Australia	3.4	10.2	0.6	4.5	9.8%
Taiwan (Chinese)	25.2	N/A	N/A	N/A	0%
Others	105	71.3	95.0	27.6	-35.9%
Total	964	1,040	492	766	-7.4%

Top Export Markets for Agricultural Product Dryer from Vietnam in 2022:

Indonesia (8.0 units)
Lao People's Democratic Republic (6.0 units)
Thailand (3.0 units)
Nigeria (2.0 units)
Cote d'Ivoire (2.0 units)
Australia (1.0 units)
Cambodia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the agricultural product dryer 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 28931600 - Dryers for the treatment of agricultural products by a process involving a change in temperature

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023