Vietnam - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in Vietnam - 2022
Contents:
- Circuit Breaker Price in Vietnam (CIF) - 2022
- Circuit Breaker Price in Vietnam (FOB) - 2022
- Circuit Breaker Imports in Vietnam
- Circuit Breaker Exports in Vietnam
Circuit Breaker Price in Vietnam (CIF) - 2022
The average circuit breaker import price stood at $17.5 per unit in December 2022, shrinking by -4.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 8% month-to-month. As a result, import price attained the peak level of $19.6 per unit. From November 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the countries with the highest prices were Singapore ($23.2 per unit) and India ($20.6 per unit), while the price for Thailand ($15.7 per unit) and Japan ($15.9 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Price in Vietnam (FOB) - 2022
The average circuit breaker export price stood at $14.4 per unit in December 2022, flattening at the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 1.5% m-o-m. As a result, the export price reached the peak level of $14.6 per unit. From November 2022 to December 2022, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In December 2022, the highest price was recorded for prices to South Korea ($14.4 per unit) and Japan ($14.4 per unit), while the average price for exports to Thailand ($14.4 per unit) and the United States ($14.4 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.1%), while the prices for the other major destinations experienced a decline.
Circuit Breaker Imports in Vietnam
In 2022, supplies from abroad of automatic circuit breakers was finally on the rise to reach 17M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at 17M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, circuit breaker imports shrank slightly to $155M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 8.2% against the previous year. Imports peaked at $159M in 2021, and then declined slightly in the following year.
| Import of Circuit Breaker in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.1 | 50.9 | 61.0 | 56.9 | 5.8% |
| South Korea | 30.0 | 32.5 | 31.3 | 34.0 | 4.3% |
| Singapore | 17.4 | 21.8 | 25.8 | 26.2 | 14.6% |
| Japan | 16.6 | 19.8 | 13.9 | 15.9 | -1.4% |
| Others | 28.1 | 26.7 | 26.9 | 22.3 | -7.4% |
| Total | 140 | 152 | 159 | 155 | 3.5% |
Top Suppliers of Circuit Breaker to Vietnam in 2022:
- China (7.8M units)
- South Korea (3.5M units)
- Japan (3.2M units)
- Singapore (1.2M units)
Circuit Breaker Exports in Vietnam
In 2022, circuit breaker exports from Vietnam skyrocketed to 11M units, surging by 215% compared with the previous year's figure. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, circuit breaker exports expanded markedly to $56M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at $59M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Circuit Breaker in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.5 | 0.5 | 0.4 | 56.1 | 382.3% |
| Japan | 44.7 | 46.8 | 38.1 | 0.2 | -83.5% |
| South Korea | 3.2 | 5.2 | 9.0 | N/A | 67.7% |
| Thailand | 3.5 | 2.9 | 2.9 | N/A | -9.0% |
| Others | 5.1 | 3.9 | 3.2 | 0.2 | -66.0% |
| Total | 57.1 | 59.3 | 53.5 | 56.4 | -0.4% |
Top Export Markets for Circuit Breaker from Vietnam in 2022:
- Japan (undefinedM units)
- South Korea (undefinedM units)
- Thailand (undefinedM units)
- Myanmar (11.1M units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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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In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
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In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
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