Vietnam - Electronic Machines And Appliances For Testing Metals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectronic Metal Tester Price in Vietnam - 2021
Contents:
- Electronic Metal Tester Price in Vietnam (CIF) - 2021
- Electronic Metal Tester Price in Vietnam (FOB) - 2022
- Electronic Metal Tester Imports in Vietnam
- Electronic Metal Tester Exports in Vietnam
Electronic Metal Tester Price in Vietnam (CIF) - 2021
In December 2021, the average electronic metal tester import price amounted to $36,152 per unit, almost unchanged from the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 0.1% m-o-m. Over the period under review, average import prices hit record highs at $36,194 per unit in March 2021; afterwards, it flattened through to December 2021.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from Brazil ($36,716 per unit) and Ukraine ($36,585 per unit), while the price for Singapore ($34,422 per unit) and South Korea ($35,516 per unit) were amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Electronic Metal Tester Price in Vietnam (FOB) - 2022
In 2022, the average electronic metal tester export price amounted to $8,503 per unit, shrinking by -46.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 171% against the previous year. The export price peaked at $15,818 per unit in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($60,628 per unit), while the average price for exports to Cambodia ($1,428 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 Japan (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.
Electronic Metal Tester Imports in Vietnam
In 2022, approx. 553 units of electronic machines and appliances for testing metals were imported into Vietnam; increasing by 7.6% compared with 2021. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, electronic metal tester imports amounted to $8M in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. Imports peaked at $9.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electronic Metal Tester in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,876 | 2,238 | 3,024 | 4,403 | 15.3% |
| Taiwan (Chinese) | 1,057 | 514 | 729 | 680 | -13.7% |
| United States | 731 | 1,313 | 330 | 627 | -5.0% |
| South Korea | 681 | 751 | 565 | 596 | -4.3% |
| United Kingdom | 135 | 229 | 386 | 279 | 27.4% |
| Germany | 1,129 | 676 | 855 | 210 | -42.9% |
| Japan | 1,305 | 1,224 | 978 | 208 | -45.8% |
| Australia | 153 | 205 | 271 | 200 | 9.3% |
| Netherlands | 44.7 | 28.8 | 114 | 117 | 37.8% |
| Canada | 67.4 | 3.1 | 3.4 | 104 | 15.6% |
| Brazil | 118 | 80.4 | 50.5 | 75.8 | -13.7% |
| Others | 1,097 | 789 | 727 | 543 | -20.9% |
| Total | 9,394 | 8,051 | 8,033 | 8,042 | -5.0% |
Top Suppliers of Electronic Metal Tester to Vietnam in 2022:
- China (247.0 units)
- South Korea (67.0 units)
- Taiwan (Chinese) (50.0 units)
- United States (42.0 units)
- Australia (29.0 units)
- Netherlands (19.0 units)
- United Kingdom (18.0 units)
- Brazil (12.0 units)
- Canada (11.0 units)
- Japan (11.0 units)
- Germany (7.0 units)
Electronic Metal Tester Exports in Vietnam
In 2022, the amount of electronic machines and appliances for testing metals exported from Vietnam soared to 53 units, jumping by 77% compared with the previous year's figure. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electronic metal tester exports reduced modestly to $455K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56%. The exports peaked at $476K in 2021, and then declined slightly in the following year.
| Export of Electronic Metal Tester in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 37.7 | 6.0 | 166 | 119 | 46.7% |
| China | 49.5 | 41.8 | 6.2 | 73.2 | 13.9% |
| Switzerland | 1.0 | 1.7 | 1.2 | 52.5 | 274.4% |
| Japan | 6.7 | 73.8 | 123 | 45.6 | 89.5% |
| Cambodia | 0.6 | 1.3 | 1.0 | 39.8 | 304.8% |
| Poland | 45.9 | 75.7 | 51.4 | 36.7 | -7.2% |
| United Arab Emirates | 25.8 | 84.3 | 24.8 | 23.6 | -2.9% |
| Singapore | N/A | 20.3 | 24.8 | 17.7 | -6.6% |
| United Kingdom | 9.8 | 16.3 | 11.1 | 8.9 | -3.2% |
| Lao People's Democratic Republic | 6.9 | 13.5 | 10.2 | 7.3 | 1.9% |
| Netherlands | 1.2 | 16.0 | 9.8 | 7.0 | 80.0% |
| Philippines | 1.8 | 3.6 | 3.0 | 3.9 | 29.4% |
| South Korea | 5.3 | 9.5 | 1.2 | 2.8 | -19.2% |
| Others | 85.4 | 69.8 | 42.1 | 17.2 | -41.4% |
| Total | 278 | 434 | 476 | 455 | 17.8% |
Top Export Markets for Electronic Metal Tester from Vietnam in 2022:
- Cambodia (28.0 units)
- Taiwan (Chinese) (6.0 units)
- China (4.0 units)
- Poland (3.0 units)
- United Kingdom (2.0 units)
- Switzerland (2.0 units)
- Netherlands (1.0 units)
- Lao People's Democratic Republic (1.0 units)
- Singapore (1.0 units)
- United Arab Emirates (1.0 units)
- Philippines (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
This report provides an in-depth analysis of the electronic metal tester 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 26516210 - Electronic machines and appliances for testing the mechanical properties of metals (excluding metallographic machines or appliances, instruments for detecting defects)
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
-
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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