Vietnam - Ignition Magnetos, Magneto-Dynamos And Magnetic Flywheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Magneto Price in Vietnam - 2021
Contents:
- Ignition Magneto Price in Vietnam (CIF) - 2022
- Ignition Magneto Price in Vietnam (FOB) - 2022
- Ignition Magneto Imports in Vietnam
- Ignition Magneto Exports in Vietnam
Ignition Magneto Price in Vietnam (CIF) - 2022
The average ignition magneto import price stood at $5.3 per unit in 2022, with an increase of 3.1% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 5.4%. Over the period under review, average import prices attained the peak figure at $9.9 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($5.3 per unit) and Indonesia ($5.3 per unit), while the price for China ($5.3 per unit) and the United States ($5.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-5.2%), while the prices for the other major suppliers experienced a decline.
Ignition Magneto Price in Vietnam (FOB) - 2022
In 2022, the average ignition magneto export price amounted to $3.8 per unit, with a decrease of -26.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 69% against the previous year. As a result, the export price reached the peak level of $10 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($4.5 per unit) and Italy ($4.3 per unit), while the average price for exports to China ($3.4 per unit) and Thailand ($3.4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Magneto Imports in Vietnam
For the fourth year in a row, Vietnam recorded growth in supplies from abroad of ignition magnetos, magneto-dynamos and magnetic flywheels, which increased by 3.6% to 1M units in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 168%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, ignition magneto imports rose rapidly to $5.5M in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 177% against the previous year. As a result, imports attained the peak of $5.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Ignition Magneto in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.8 | 5.7 | 5.0 | 5.3 | 43.3% |
Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
Total | 2.1 | 5.9 | 5.2 | 5.5 | 37.8% |
Top Suppliers of Ignition Magneto to Vietnam in 2022:
- China (995.9K units)
Ignition Magneto Exports in Vietnam
In 2022, overseas shipments of ignition magnetos, magneto-dynamos and magnetic flywheels were finally on the rise to reach 78K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt descent. The exports peaked at 137K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ignition magneto exports surged to $294K in 2022. Over the period under review, exports, however, recorded a sharp reduction. The exports peaked at $697K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Ignition Magneto in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 243 | 108 | 47.2 | 114 | -22.3% |
Malaysia | 136 | 136 | 17.6 | 66.6 | -21.2% |
Philippines | 247 | 32.7 | 1.7 | 64.2 | -36.2% |
China | 15.9 | 60.1 | 7.5 | 18.8 | 5.7% |
Indonesia | 25.2 | 27.4 | 6.6 | 15.8 | -14.4% |
Thailand | 14.8 | 16.8 | 3.6 | 8.9 | -15.6% |
Others | 16.2 | 67.5 | 54.5 | 5.2 | -31.5% |
Total | 697 | 448 | 139 | 294 | -25.0% |
Top Export Markets for Ignition Magneto from Vietnam in 2022:
- Italy (26.5K units)
- Philippines (18.7K units)
- Malaysia (18.6K units)
- China (5.6K units)
- Indonesia (4.5K units)
- Thailand (2.6K units)
This report provides an in-depth analysis of the ignition magneto 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 29312150 - Ignition magnetos, magneto-dynamos and magnetic flywheels
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
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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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