Vietnam - Crawler Tractors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Crawler Tractors - Market Analysis, Forecast, Size, Trends And Insights

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Crawler Tractor Price in Vietnam - 2022

Contents:

  1. Crawler Tractor Price in Vietnam (FOB) - 2022
  2. Crawler Tractor Price in Vietnam (CIF) - 2022
  3. Crawler Tractor Exports in Vietnam
  4. Crawler Tractor Imports in Vietnam

Crawler Tractor Price in Vietnam (FOB) - 2022

In 2022, the average crawler tractor export price amounted to $17,372 per unit, jumping by 42% against the previous year. Overall, the export price continues to indicate a modest expansion. The pace of growth was the most pronounced in 2019 an increase of 176%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($753 per unit), while the average price for exports to Lao People's Democratic Republic totaled $642 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+38.0%), while the prices for the other major destinations experienced mixed trend patterns.

Crawler Tractor Price in Vietnam (CIF) - 2022

In 2022, the average crawler tractor import price amounted to $72,443 per unit, with a decrease of -10.7% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 177%. The import price peaked at $164,629 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 ($103,465 per unit), while the price for India ($12,140 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 (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Crawler Tractor Exports in Vietnam

In 2022, shipments abroad of crawler tractors decreased by 0% to 2 units, falling for the second consecutive year after two years of growth. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 200%. As a result, the exports attained the peak of 3 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, crawler tractor exports surged to $35K in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 294% against the previous year. As a result, the exports attained the peak of $45K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Crawler Tractor in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada10.428.821.330.943.8%
Lao People's Democratic Republic1.03.83.23.957.4%
MalaysiaN/A2.9N/AN/A0%
PhilippinesN/A9.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.445.024.534.744.9%

Top Export Markets for Crawler Tractor from Vietnam in 2022:

  1. Canada (41.0 units)
  2. Lao People's Democratic Republic (6.0 units)

Crawler Tractor Imports in Vietnam

In 2022, approx. 6 units of crawler tractors were imported into Vietnam; dropping by -33.3% on the previous year. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 350%. As a result, imports attained the peak of 9 units, and then dropped markedly in the following year.

In value terms, crawler tractor imports declined notably to $435K in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 425% against the previous year. As a result, imports attained the peak of $730K, and then dropped remarkably in the following year.

Import of Crawler Tractor in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10593.952331043.5%
Japan21.12.245.348.431.9%
Thailand38.911.451.022.2-17.1%
India37.19.250.121.9-16.1%
Netherlands16.36.826.312.5-8.5%
China11.78.28.47.7-13.0%
Others19.27.426.411.5-15.7%
Total25013973043520.3%

Top Suppliers of Crawler Tractor to Vietnam in 2022:

  1. United States (3.0 units)
  2. India (2.0 units)
  3. Thailand (2.0 units)
  4. Japan (1.0 units)
  5. China (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors

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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