Vietnam - Electric Blankets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Blanket Price in Vietnam - 2021
Contents:
- Electric Blanket Price in Vietnam (FOB) - 2022
- Electric Blanket Price in Vietnam (CIF) - 2022
- Electric Blanket Exports in Vietnam
- Electric Blanket Imports in Vietnam
Electric Blanket Price in Vietnam (FOB) - 2022
In 2022, the average electric blanket export price amounted to $16 per unit, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric blanket export price decreased by -6.9% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 50% against the previous year. Over the period under review, the average export prices hit record highs at $19 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($16 per unit), while the average price for exports to Canada amounted to $12 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.
Electric Blanket Price in Vietnam (CIF) - 2022
In 2022, the average electric blanket import price amounted to $18 per unit, reducing by -2.4% against the previous year. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13% against the previous year. The import price peaked at $26 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($28 per unit), while the price for France ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Blanket Exports in Vietnam
In 2022, after three years of growth, there was decline in shipments abroad of electric blankets, when their volume decreased by -3.7% to 441K units. The total export volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. Over the period under review, the exports attained the maximum at 458K units in 2021, and then dropped slightly in the following year.
In value terms, electric blanket exports contracted slightly to $7M in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. Over the period under review, the exports attained the maximum at $7.2M in 2021, and then shrank slightly in the following year.
| Export of Electric Blanket in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.5 | 6.8 | 6.9 | 6.8 | 7.3% |
| Canada | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 5.5 | 6.8 | 7.2 | 7.0 | 8.4% |
Top Export Markets for Electric Blanket from Vietnam in 2022:
- Japan (421.0K units)
- Canada (16.6K units)
Electric Blanket Imports in Vietnam
In 2022, imports of electric blankets into Vietnam reduced notably to 13K units, falling by -37.5% against 2021. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 299% against the previous year. As a result, imports attained the peak of 21K units, and then reduced remarkably in the following year.
In value terms, electric blanket imports contracted dramatically to $238K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 352%. As a result, imports reached the peak of $390K, and then dropped sharply in the following year.
| Import of Electric Blanket in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 15.7 | 5.6 | 171 | 110 | 91.4% |
| China | 32.4 | 24.9 | 113 | 65.2 | 26.3% |
| United Kingdom | 18.7 | 11.5 | 27.6 | 18.3 | -0.7% |
| Germany | 1.8 | 16.9 | 16.2 | 10.6 | 80.6% |
| Taiwan (Chinese) | 3.6 | 3.8 | 13.9 | 8.1 | 31.0% |
| United States | 2.8 | 1.5 | 6.5 | 3.8 | 10.7% |
| Australia | N/A | 10.0 | 12.1 | N/A | 21.0% |
| Others | 23.8 | 11.9 | 29.7 | 22.2 | -2.3% |
| Total | 98.9 | 86.2 | 390 | 238 | 34.0% |
Top Suppliers of Electric Blanket to Vietnam in 2022:
- South Korea (6.6K units)
- China (3.9K units)
- United Kingdom (1.2K units)
- Germany (0.6K units)
- United States (0.3K units)
- Taiwan (Chinese) (0.3K units)
This report provides an in-depth analysis of the electric blanket 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 27511400 - Electric blankets
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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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
3400
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
1594
China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
1631
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
3400
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
1594
China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
