Vietnam - Dry-Cleaning Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Vietnam - Dry-Cleaning Machines - Market Analysis, Forecast, Size, Trends And Insights

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Dry-Cleaning Machine Price in Vietnam - 2022

Contents:

  1. Dry-Cleaning Machine Price in Vietnam (CIF) - 2022
  2. Dry-Cleaning Machine Price in Vietnam (FOB) - 2022
  3. Dry-Cleaning Machine Imports in Vietnam
  4. Dry-Cleaning Machine Exports in Vietnam

Dry-Cleaning Machine Price in Vietnam (CIF) - 2022

In December 2022, the average dry-cleaning machine import price amounted to $27,003 per unit, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.6%. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 71% month-to-month. Over the period under review, average import prices reached the peak figure at $27,008 per unit in April 2022; afterwards, it flattened through to December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($27,094 per unit), while the price for South Korea ($26,998 per unit) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Dry-Cleaning Machine Price in Vietnam (FOB) - 2022

In 2022, the average dry-cleaning machine export price amounted to $12,419 per unit, with a decrease of -27.2% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by 162% against the previous year. The export price peaked at $17,049 per unit in 2021, and then fell sharply in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Myanmar amounted to +16.6% per year.

Dry-Cleaning Machine Imports in Vietnam

In 2022, imports of dry-cleaning machines into Vietnam dropped to 59 units, waning by -9.2% on the previous year. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 65 units, and then reduced in the following year.

In value terms, dry-cleaning machine imports declined to $1.7M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $2M, and then shrank in the following year.

Import of Dry-Cleaning Machine in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea23742362445724.5%
Thailand617558619432-11.2%
United States20435941830714.6%
Italy11035.757.817717.2%
China60.948.190.766.53.0%
Germany92.3N/A14.420.9-39.0%
Malaysia2.12.97.45.537.8%
Australia1.62.14.63.428.6%
Singapore3.32.82.81.8-18.3%
Japan0.93.57.80.6-12.6%
Taiwan (Chinese)0.40.40.50.40.0%
Others49.957.011525672.5%
Total1,3791,4921,9611,7277.8%

Top Suppliers of Dry-Cleaning Machine to Vietnam in 2022:

  1. South Korea (11.0 units)
  2. Italy (9.0 units)
  3. United States (8.0 units)
  4. Thailand (8.0 units)
  5. Singapore (4.0 units)
  6. China (2.0 units)
  7. Japan (2.0 units)
  8. Australia (1.0 units)
  9. Taiwan (Chinese) (1.0 units)
  10. Malaysia (1.0 units)
  11. Germany (1.0 units)

Dry-Cleaning Machine Exports in Vietnam

In 2022, exports of dry-cleaning machines from Vietnam contracted rapidly to 4 units, dropping by -20% on the previous year. Overall, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 150% against the previous year. Over the period under review, the exports hit record highs at 44 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, dry-cleaning machine exports contracted markedly to $50K in 2022. Over the period under review, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 504%. Over the period under review, the exports attained the maximum at $160K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Dry-Cleaning Machine in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar42.70.47.86.0-48.0%
Angola1.50.20.80.6-26.3%
EthiopiaN/AN/A17.8N/A0%
SingaporeN/AN/AN/AN/A0%
PakistanN/AN/A0.9N/A0%
Others11613.557.943.1-28.1%
Total16014.185.249.7-32.3%

Top Export Markets for Dry-Cleaning Machine from Vietnam in 2022:

  1. Myanmar (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dry-cleaning 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 28942250 - Dry-cleaning machines

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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