Vietnam - Domestic Electric Coffee Or Tea Makers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Coffee Machine Price in Vietnam - 2021
Contents:
- Domestic Coffee Machine Price in Vietnam (CIF) - 2022
- Domestic Coffee Machine Price in Vietnam (FOB) - 2022
- Domestic Coffee Machine Imports in Vietnam
- Domestic Coffee Machine Exports in Vietnam
Domestic Coffee Machine Price in Vietnam (CIF) - 2022
In 2022, the average domestic coffee machine import price amounted to $13 per unit, reducing by -31.1% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic coffee machine import price decreased by -48.6% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 38% against the previous year. Over the period under review, average import prices attained the maximum at $25 per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 Italy ($97 per unit), while the price for South Korea ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Domestic Coffee Machine Price in Vietnam (FOB) - 2022
In 2022, the average domestic coffee machine export price amounted to $60 per unit, which is down by -32.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 42%. Over the period under review, the average export prices reached the maximum at $110 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($203 per unit), while the average price for exports to India ($6.4 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 Nicaragua (+24.4%), while the prices for the other major destinations experienced mixed trend patterns.
Domestic Coffee Machine Imports in Vietnam
Domestic coffee machine imports into Vietnam expanded remarkably to 1.4M units in 2022, increasing by 13% on the previous year. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, domestic coffee machine imports dropped markedly to $18M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 79% against the previous year. As a result, imports reached the peak of $23M, and then fell sharply in the following year.
| Import of Domestic Coffee Machine in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 4.9 | 10.7 | 7.7 | 27.7% |
| Germany | N/A | 0.1 | 0.1 | 4.0 | 532.5% |
| Hong Kong SAR | N/A | N/A | N/A | 1.9 | 0% |
| Italy | 3.3 | 5.7 | 8.8 | 1.6 | -21.4% |
| Singapore | N/A | 0.4 | N/A | 0.7 | 32.3% |
| Ukraine | 0.2 | N/A | 0.6 | 0.4 | 26.0% |
| South Korea | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Portugal | 0.2 | 0.3 | 0.6 | N/A | 73.2% |
| Others | 1.3 | 1.6 | 2.5 | 1.8 | 11.5% |
| Total | 8.9 | 13.0 | 23.3 | 18.2 | 26.9% |
Top Suppliers of Domestic Coffee Machine to Vietnam in 2022:
- Germany (676.4K units)
- China (353.5K units)
- Hong Kong SAR (181.2K units)
- Singapore (61.7K units)
- South Korea (21.7K units)
- Ukraine (16.8K units)
- Italy (16.2K units)
- Portugal (3.5K units)
Domestic Coffee Machine Exports in Vietnam
In 2022, shipments abroad of domestic electric coffee or tea makers increased by 77% to 929 units for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, domestic coffee machine exports surged to $55K in 2022. In general, exports, however, recorded a abrupt slump. Over the period under review, the exports attained the maximum at $94K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Domestic Coffee Machine in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.8 | 7.2 | 15.2 | 26.9 | 17.0% |
| Taiwan (Chinese) | 6.2 | 8.3 | 7.6 | 5.4 | -4.5% |
| India | N/A | N/A | N/A | 2.7 | 0% |
| Japan | 16.8 | 1.3 | 3.0 | 2.5 | -47.0% |
| Ethiopia | 3.4 | 1.1 | 1.7 | 1.4 | -25.6% |
| United Kingdom | 1.0 | 0.5 | 1.8 | 1.3 | 9.1% |
| Thailand | 4.1 | 1.3 | 1.9 | 1.3 | -31.8% |
| Nicaragua | N/A | 0.5 | 1.4 | 1.0 | 41.4% |
| Canada | 0.9 | 0.3 | 0.6 | 0.9 | 0.0% |
| Germany | 0.6 | 2.8 | 0.4 | 0.8 | 10.1% |
| United Arab Emirates | 10.3 | 7.1 | 0.4 | 0.5 | -63.5% |
| Australia | 7.4 | 20.9 | 1.0 | 0.2 | -70.0% |
| Others | 26.2 | 13.2 | 11.4 | 10.4 | -26.5% |
| Total | 93.7 | 64.5 | 46.4 | 55.5 | -16.0% |
Top Export Markets for Domestic Coffee Machine from Vietnam in 2022:
- India (432.0 units)
- France (133.0 units)
- Taiwan (Chinese) (111.0 units)
- Canada (29.0 units)
- United Kingdom (28.0 units)
- Ethiopia (27.0 units)
- Nicaragua (19.0 units)
- Germany (16.0 units)
- Japan (11.0 units)
- Thailand (11.0 units)
- Australia (5.0 units)
- United Arab Emirates (5.0 units)
This report provides an in-depth analysis of the domestic coffee 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 27512430 - Domestic electric coffee or tea makers (including percolators)
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
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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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