Vietnam - Disc Harrows - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDisc Harrow Price in Vietnam - 2021
Contents:
- Disc Harrow Price in Vietnam (CIF) - 2022
- Disc Harrow Price in Vietnam (FOB) - 2022
- Disc Harrow Imports in Vietnam
- Disc Harrow Exports in Vietnam
Disc Harrow Price in Vietnam (CIF) - 2022
The average disc harrow import price stood at $1,983 per unit in 2022, shrinking by -11.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 51% against the previous year. The import price peaked at $2,525 per unit in 2014; however, from 2015 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 Japan ($2,182 per unit), while the price for India ($1,220 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Disc Harrow Price in Vietnam (FOB) - 2022
The average disc harrow export price stood at $2,753 per unit in 2022, rising by 13% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, disc harrow export price decreased by -9.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 201%. Over the period under review, the average export prices reached the peak figure at $3,037 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($3,125 per unit), while the average price for exports to Cambodia ($2,616 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 Cambodia (+0.9%).
Disc Harrow Imports in Vietnam
In 2022, the amount of disc harrows imported into Vietnam fell remarkably to 89 units, dropping by -25.2% compared with 2021 figures. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 102%. As a result, imports reached the peak of 119 units, and then contracted markedly in the following year.
In value terms, disc harrow imports shrank rapidly to $177K in 2022. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of 205% against the previous year. As a result, imports reached the peak of $266K, and then dropped notably in the following year.
| Import of Disc Harrow in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 28.3 | 39.0 | 122 | 72.2 | 36.6% |
| Brazil | 26.9 | 19.2 | 56.7 | 52.9 | 25.3% |
| Thailand | 26.3 | 5.6 | 51.6 | 30.6 | 5.2% |
| Turkey | 8.3 | 7.1 | 12.4 | 7.4 | -3.8% |
| India | 9.4 | 8.4 | 12.2 | 6.8 | -10.2% |
| China | 7.6 | 7.3 | 11.5 | 6.8 | -3.6% |
| Poland | 9.3 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.6 | 0.1 | 0.1 | -53.6% |
| Total | 117 | 87.2 | 266 | 177 | 14.8% |
Top Suppliers of Disc Harrow to Vietnam in 2022:
- Japan (33.0 units)
- Brazil (30.0 units)
- Thailand (14.0 units)
- India (6.0 units)
- Turkey (3.0 units)
- China (3.0 units)
Disc Harrow Exports in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of disc harrows, when their volume decreased by -7.3% to 38 units. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. Over the period under review, the exports attained the maximum at 41 units in 2021, and then declined in the following year.
In value terms, disc harrow exports totaled $105K in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 144%. As a result, the exports reached the peak of $109K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Disc Harrow in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 37.4 | 99.5 | 93.4 | 72.4 | 24.6% |
| Lao People's Democratic Republic | 6.7 | 9.9 | 6.5 | 29.6 | 64.1% |
| Canada | N/A | N/A | N/A | 2.7 | 0% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 44.8 | 109 | 99.9 | 105 | 32.8% |
Top Export Markets for Disc Harrow from Vietnam in 2022:
- Cambodia (28.0 units)
- Lao People's Democratic Republic (9.0 units)
- Canada (1.0 units)
This report provides an in-depth analysis of the disc harrow 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 28303220 - Disc harrows
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
- 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
-
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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