Report Update: Apr 1, 2024

Vietnam - Machinery For Making Or Repairing Articles Of Hides, Skins Or Leather - Market Analysis, Forecast, Size, Trends And Insights

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Hide Repairing Machinery Price in Vietnam - 2022

Hide Repairing Machinery Price in Vietnam (CIF) - 2022

In 2022, the average hide repairing machinery import price amounted to $2,225 per unit, jumping by 24% against the previous year. Over the period under review, the import price showed a modest expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 45%. As a result, import price attained the peak level of $3,519 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,373 per unit), while the price for China ($1,695 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Hide Repairing Machinery Price in Vietnam (FOB) - 2022

The average hide repairing machinery export price stood at $6,093 per unit in 2022, growing by 20% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hide repairing machinery export price decreased by -8.9% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 32% against the previous year. The export price peaked at $6,687 per unit in 2019; however, from 2020 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 Hong Kong SAR ($7,744 per unit), while the average price for exports to Thailand ($4,274 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 Cambodia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hide Repairing Machinery Imports in Vietnam

In 2022, approx. 11K units of machinery for making or repairing articles of hides, skins or leather were imported into Vietnam; which is down by -30.6% compared with 2021. In general, imports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Imports peaked at 22K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hide repairing machinery imports declined to $24M in 2022. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked at $39M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Hide Repairing Machinery in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	21.2	11.1	15.8	5.3	-37.0%
Taiwan (Chinese)	8.1	1.5	2.3	4.1	-20.3%
South Korea	2.3	2.3	4.2	4.1	21.3%
Italy	3.7	1.8	1.4	4.0	2.6%
Belgium	1.5	1.9	2.4	2.7	21.6%
Germany	0.2	0.2	0.1	1.8	108.0%
France	0.9	1.0	1.2	1.2	10.1%
Others	1.1	0.8	1.1	1.4	8.4%
Total	39.0	20.6	28.4	24.5	-14.4%

Top Suppliers of Hide Repairing Machinery to Vietnam in 2022:

China (3.1K units)
Taiwan (Chinese) (2.4K units)
South Korea (1.5K units)
Italy (1.3K units)
Germany (1.0K units)
Belgium (0.6K units)
France (0.4K units)

Hide Repairing Machinery Exports in Vietnam

In 2022, the amount of machinery for making or repairing articles of hides, skins or leather exported from Vietnam surged to 92 units, picking up by 241% on the previous year's figure. Overall, exports posted a prominent expansion. The exports peaked at 157 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, hide repairing machinery exports surged to $561K in 2022. Over the period under review, exports showed a measured increase. Over the period under review, the exports reached the maximum at $985K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Hide Repairing Machinery in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	101	366	63.3	170	19.0%
Italy	81.7	147	21.4	105	8.7%
Indonesia	168	240	5.3	95.0	-17.3%
Cambodia	12.4	22.7	3.4	57.0	66.3%
Thailand	6.9	48.0	14.1	37.8	76.3%
Myanmar	53.7	10.7	14.0	37.6	-11.2%
Hong Kong SAR	17.4	40.8	8.0	24.2	11.6%
South Korea	55.1	16.6	0.6	3.3	-60.9%
Others	25.0	93.3	6.3	30.4	6.7%
Total	522	985	136	561	2.4%

Top Export Markets for Hide Repairing Machinery from Vietnam in 2022:

Taiwan (Chinese) (27.0 units)
Italy (17.0 units)
Indonesia (15.0 units)
Cambodia (9.0 units)
Thailand (9.0 units)
Myanmar (6.0 units)
Hong Kong SAR (3.0 units)
South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hide repairing 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 28943070 - Machinery for making/repairing articles of hides, skins or leather, n.e.c.

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