Report Update: Apr 1, 2024

Vietnam - Machinery For Preparing Animal Feedstuffs - Market Analysis, Forecast, Size, Trends And Insights

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Feedstuff Preparing Machinery Price in Vietnam - 2021

Feedstuff Preparing Machinery Price in Vietnam (CIF) - 2022

The average feedstuff preparing machinery import price stood at $11,630 per unit in 2022, approximately mirroring the previous year. In general, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19% against the previous year. The import price peaked at $14,426 per unit in 2016; however, from 2017 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 the Netherlands ($17,361 per unit), while the price for Singapore ($10,490 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Feedstuff Preparing Machinery Price in Vietnam (FOB) - 2022

In 2022, the average feedstuff preparing machinery export price amounted to $12,215 per unit, declining by -8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 13% against the previous year. The export price peaked at $13,689 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($14,161 per unit), while the average price for exports to Lao People's Democratic Republic ($4,829 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 Australia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Feedstuff Preparing Machinery Imports in Vietnam

In 2022, approx. 3.8K units of machinery for preparing animal feedstuffs were imported into Vietnam; with a decrease of -25.1% on 2021 figures. In general, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, imports attained the peak of 5.1K units, and then shrank significantly in the following year.

In value terms, feedstuff preparing machinery imports dropped rapidly to $44M in 2022. Over the period under review, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 103%. As a result, imports attained the peak of $59M, and then contracted significantly in the following year.

Import of Feedstuff Preparing Machinery in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	1.8	0.3	10.6	15.8	106.3%
China	19.9	20.6	39.2	9.9	-20.8%
Netherlands	1.4	0.8	2.0	3.5	35.7%
India	N/A	0.2	0.4	3.5	318.3%
United States	0.7	0.7	2.6	3.4	69.4%
Taiwan (Chinese)	3.8	1.4	0.6	1.6	-25.0%
Singapore	3.5	1.5	1.0	1.6	-23.0%
Spain	0.2	0.1	0.7	0.8	58.7%
Germany	1.5	0.7	0.5	0.5	-30.7%
Others	4.6	2.9	2.0	3.8	-6.2%
Total	37.4	29.3	59.5	44.4	5.9%

Top Suppliers of Feedstuff Preparing Machinery to Vietnam in 2022:

Thailand (1489.0 units)
China (779.0 units)
United States (317.0 units)
India (313.0 units)
Netherlands (201.0 units)
Singapore (157.0 units)
Taiwan (Chinese) (152.0 units)
Spain (81.0 units)
Germany (22.0 units)

Feedstuff Preparing Machinery Exports in Vietnam

After three years of growth, overseas shipments of machinery for preparing animal feedstuffs decreased by -22.4% to 118 units in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 117%. As a result, the exports attained the peak of 152 units, and then dropped notably in the following year.

In value terms, feedstuff preparing machinery exports contracted notably to $1.4M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 134%. As a result, the exports reached the peak of $2M, and then contracted sharply in the following year.

Export of Feedstuff Preparing Machinery in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Myanmar	142	318	562	356	35.8%
Indonesia	57.1	141	246	268	67.4%
Bangladesh	164	88.6	353	243	14.0%
France	27.7	101	350	216	98.3%
Malaysia	2.6	10.8	182	149	285.5%
Lao People's Democratic Republic	19.8	80.2	152	94.2	68.2%
Australia	2.4	10.0	33.9	21.0	106.1%
Uzbekistan	116	N/A	N/A	N/A	0%
Others	34.1	115	140	94.2	40.3%
Total	566	864	2,018	1,441	36.5%

Top Export Markets for Feedstuff Preparing Machinery from Vietnam in 2022:

Myanmar (25.0 units)
Lao People's Democratic Republic (20.0 units)
Indonesia (19.0 units)
Bangladesh (18.0 units)
France (16.0 units)
Malaysia (11.0 units)
Australia (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the feedstuff preparing machinery 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 28308300 - Machinery for preparing animal feedstuffs

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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