Vietnam - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends And Insights

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Civil Reaction Engine Price in Vietnam - 2021

Contents:

  1. Civil Reaction Engine Price in Vietnam (CIF) - 2022
  2. Civil Reaction Engine Price in Vietnam (FOB) - 2022
  3. Civil Reaction Engine Imports in Vietnam
  4. Civil Reaction Engine Exports in Vietnam

Civil Reaction Engine Price in Vietnam (CIF) - 2022

The average civil reaction engine import price stood at $2,263 per unit in 2022, flattening at the previous year. Over the period under review, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 152%. Over the period under review, average import prices hit record highs at $12,037 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,170 per unit), while the price for Belgium ($51 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.6%), while the prices for the other major suppliers experienced a decline.

Civil Reaction Engine Price in Vietnam (FOB) - 2022

The average civil reaction engine export price stood at $4,000 per unit in 2020, surging by 21% against the previous year. Over the last two years, it increased at an average annual rate of +18.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2018 to 2020, the rate of growth in terms of prices for Singapore amounted to -16.6% per year.

Civil Reaction Engine Imports in Vietnam

In 2022, after two years of decline, there was significant growth in purchases abroad of civil reaction engines, when their volume increased by 56% to 14 units. Overall, imports, however, continue to indicate a sharp reduction. Over the period under review, imports attained the maximum at 44 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, civil reaction engine imports soared to $32K in 2022. In general, imports, however, saw a dramatic setback. Imports peaked at $112K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Civil Reaction Engine in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand10.010.33.06.0-15.7%
Australia18.33.52.95.8-31.8%
Italy1.10.67.32.633.2%
IrelandN/AN/AN/A2.30%
United Kingdom23.67.41.30.9-66.3%
South Korea2.90.2N/A0.4-48.3%
Singapore15.30.80.20.3-73.0%
BelgiumN/AN/AN/A0.10%
Others41.220.35.513.2-31.6%
Total11243.120.231.7-34.3%

Top Suppliers of Civil Reaction Engine to Vietnam in 2022:

  1. Singapore (6.0 units)
  2. Italy (3.0 units)
  3. Belgium (2.0 units)
  4. Ireland (2.0 units)

Civil Reaction Engine Exports in Vietnam

For the third year in a row, Vietnam recorded decline in shipments abroad of civil reaction engines, which decreased by 0% to 1 units in 2022. Over the period under review, exports recorded a significant decline. The smallest decline of -88.9% was in 2020. Over the period under review, the exports attained the peak figure at 9 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, civil reaction engine exports surged to $2.1K in 2022. Overall, exports recorded a precipitous shrinkage. The exports peaked at $30K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Civil Reaction Engine in Vietnam (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Singapore6.2N/A0%
Others23.64.0-83.1%
Total29.74.0-86.5%

Top Export Markets for Civil Reaction Engine from Vietnam in 2022:

  1. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the civil reaction engine 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 30301300 - Reaction engines, for civil use (including ramjets, pulse jets and rocket engines) (excluding turbojets, guided missiles incorporating power units)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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