Vietnam - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEscalator Price in Vietnam - 2022
Contents:
- Escalator Price in Vietnam (CIF) - 2022
- Escalator Price in Vietnam (FOB) - 2022
- Escalator Imports in Vietnam
- Escalator Exports in Vietnam
Escalator Price in Vietnam (CIF) - 2022
The average escalator import price stood at $26,633 per unit in 2022, picking up by 6.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 34%. Over the period under review, average import prices reached the peak figure at $36,765 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Thailand ($35,974 per unit), while the price for Singapore ($6,478 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Escalator Price in Vietnam (FOB) - 2022
The average escalator export price stood at $10,389 per unit in 2022, rising by 32% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 2,724% against the previous year. The export price peaked at $23,528 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($19,542 per unit), while the average price for exports to Cambodia totaled $1,236 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+41.7%), while the prices for the other major destinations experienced mixed trend patterns.
Escalator Imports in Vietnam
In 2022, after two years of decline, there was significant growth in overseas purchases of escalators and moving WalkWays, when their volume increased by 40% to 266 units. Overall, imports, however, recorded a abrupt descent. Imports peaked at 489 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, escalator imports skyrocketed to $7.1M in 2022. In general, imports, however, recorded a abrupt slump. Over the period under review, imports hit record highs at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Escalator in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 6.2 | 2.3 | 4.1 | -21.9% |
| Japan | 1.1 | 1.6 | 1.3 | 1.0 | -3.1% |
| Thailand | 1.9 | 0.8 | 0.3 | 0.6 | -31.9% |
| Austria | 0.2 | N/A | 0.3 | 0.5 | 35.7% |
| Spain | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| Malaysia | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | 1.1 | 0.4 | 0.2 | 0.6 | -18.3% |
| Total | 13.5 | 9.4 | 4.8 | 7.1 | -19.3% |
Top Suppliers of Escalator to Vietnam in 2022:
- China (155.0 units)
- Japan (29.0 units)
- Austria (18.0 units)
- Thailand (18.0 units)
- Spain (9.0 units)
- Malaysia (8.0 units)
- Singapore (4.0 units)
Escalator Exports in Vietnam
In 2022, overseas shipments of escalators and moving WalkWays decreased by -33.3% to 2 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of 6 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, escalator exports reduced to $21K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +32.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $24K, and then fell in the following year.
| Export of Escalator in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 2.9 | 6.8 | 14.3 | 19.5 | 88.7% |
| Cambodia | 0.1 | 0.6 | 0.8 | 1.2 | 128.9% |
| Thailand | N/A | 6.2 | N/A | N/A | 0% |
| Nigeria | N/A | N/A | 8.6 | N/A | 0% |
| Germany | N/A | 0.5 | N/A | N/A | 0% |
| Angola | 0.4 | N/A | N/A | N/A | 0% |
| Mozambique | 12.3 | 3.5 | N/A | N/A | -71.5% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 15.7 | 18.0 | 23.6 | 20.8 | 9.8% |
Top Export Markets for Escalator from Vietnam in 2022:
- Lao People's Democratic Republic (1.0 units)
- Cambodia (1.0 units)
This report provides an in-depth analysis of the escalator 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 28221670 - Escalators and moving walkways
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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