Report Update: May 1, 2024

Vietnam - Folding Machines For Books - Market Analysis, Forecast, Size, Trends And Insights

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Book Folding Machine Price in Vietnam - 2022

Book Folding Machine Price in Vietnam (CIF) - 2022

The average book folding machine import price stood at $395 per unit in 2022, rising by 3.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $465 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($436 per unit) and Japan ($432 per unit), while the price for Switzerland ($379 per unit) and China ($379 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Book Folding Machine Price in Vietnam (FOB) - 2022

The average book folding machine export price stood at $431 per unit in 2022, rising by 7.3% against the previous year. Overall, the export price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2015 an increase of 8.6% against the previous year. Over the period under review, the average export prices attained the maximum at $529 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($495 per unit), while the average price for exports to South Korea amounted to $419 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Book Folding Machine Imports in Vietnam

Book folding machine imports into Vietnam shrank remarkably to 10K units in 2022, dropping by -22.1% compared with 2021 figures. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. Over the period under review, imports hit record highs at 16K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, book folding machine imports fell significantly to $3.9M in 2022. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 65%. Imports peaked at $7.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Book Folding Machine in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4,031	931	3,275	2,422	-15.6%
Japan	1,878	383	516	675	-28.9%
Germany	45.6	1,065	265	334	94.2%
India	596	28.3	250	212	-29.1%
Taiwan (Chinese)	399	16.9	99.5	125	-32.1%
Switzerland	60.0	142	161	119	25.6%
Hong Kong SAR	N/A	210	120	N/A	-42.9%
Others	159	200	224	55.2	-29.7%
Total	7,169	2,976	4,911	3,943	-18.1%

Top Suppliers of Book Folding Machine to Vietnam in 2022:

China (6.4K units)
Japan (1.6K units)
Germany (0.8K units)
India (0.5K units)
Taiwan (Chinese) (0.3K units)
Switzerland (0.3K units)

Book Folding Machine Exports in Vietnam

In 2022, overseas shipments of folding machines for books decreased by -15.2% to 229 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Over the period under review, the exports hit record highs at 270 units in 2021, and then dropped sharply in the following year.

In value terms, book folding machine exports contracted to $99K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 increased by +67.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 51%. The exports peaked at $108K in 2021, and then reduced in the following year.

Export of Book Folding Machine in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	44.4	77.5	88.3	81.0	22.2%
China	14.5	1.5	19.3	17.7	6.9%
Hong Kong SAR	N/A	9.8	N/A	N/A	0%
Others	N/A	N/A	0.9	N/A	0%
Total	58.9	88.8	108	98.6	18.7%

Top Export Markets for Book Folding Machine from Vietnam in 2022:

South Korea (193.0 units)
China (36.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the book folding machine 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 28991110 - Folding machines for books

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.

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