Hand Saws Price in Vietnam - 2022

Contents:

  1. Hand Saws Price in Vietnam (FOB) - 2022
  2. Hand Saws Price in Vietnam (CIF) - 2022
  3. Hand Saws Exports in Vietnam
  4. Hand Saws Imports in Vietnam

Hand Saws Price in Vietnam (FOB) - 2022

In 2022, the average hand saws export price amounted to $14,375 per ton, approximately equating the previous year. Over the period under review, the export price, however, saw a noticeable decline. The growth pace was the most rapid in 2020 when the average export price increased by 17% against the previous year. The export price peaked at $22,594 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($22,358 per ton), while the average price for exports to Slovenia ($8,088 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saws Price in Vietnam (CIF) - 2022

The average hand saws import price stood at $26,740 per ton in 2022, increasing by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 an increase of 12%. The import price peaked at $27,048 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($29,236 per ton) and China ($28,309 per ton), while the price for Switzerland ($23,189 per ton) and South Korea ($23,619 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand Saws Exports in Vietnam

In 2022, shipments abroad of hand sawses decreased by -8.8% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 430%. As a result, the exports attained the peak of 3.4K tons, and then contracted in the following year.

In value terms, hand saws exports fell to $45M in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 292% against the previous year.

Export of Hand Saws in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.45.618.119.2263.4%
Germany0.72.35.64.687.3%
Japan0.20.82.34.4180.2%
BelgiumN/A0.42.92.7159.8%
Netherlands0.10.12.72.6196.2%
Spain0.5N/A0.72.673.2%
SloveniaN/AN/A0.51.1120.0%
Others1.95.216.28.061.5%
Total3.714.449.045.1130.1%

Top Export Markets for Hand Saws from Vietnam in 2022:

  1. United States (1452.7 tons)
  2. Spain (306.3 tons)
  3. Germany (247.9 tons)
  4. Belgium (228.9 tons)
  5. Japan (196.7 tons)
  6. Netherlands (175.0 tons)
  7. Slovenia (136.1 tons)

Hand Saws Imports in Vietnam

For the fourth year in a row, Vietnam recorded growth in overseas purchases of hand sawses, which increased by 33% to 2.4K tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hand saws imports surged to $64M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hand Saws in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.217.423.036.737.2%
Switzerland9.29.76.610.44.2%
Japan2.42.33.14.119.5%
Germany3.32.73.33.2-1.0%
South Korea1.11.42.21.715.6%
Taiwan (Chinese)2.62.22.31.6-14.9%
Italy1.31.00.81.30.0%
Thailand1.10.60.71.0-3.1%
Others3.83.74.14.23.4%
Total39.041.246.364.118.0%

Top Suppliers of Hand Saws to Vietnam in 2022:

  1. China (1296.0 tons)
  2. Switzerland (447.2 tons)
  3. Japan (158.5 tons)
  4. Germany (109.2 tons)
  5. South Korea (73.3 tons)
  6. Taiwan (Chinese) (67.1 tons)
  7. Italy (46.1 tons)
  8. Thailand (31.3 tons)

Source: IndexBox Market Intelligence Platform

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