Report Update: May 1, 2024

Vietnam - Injection-Moulding Machines For Working Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

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Injection-Moulding Machine Price in Vietnam - 2021

Injection-Moulding Machine Price in Vietnam (CIF) - 2022

The average injection-moulding machine import price stood at $78,583 per unit in 2022, approximately mirroring the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, injection-moulding machine import price decreased by -0.6% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 59%. The import price peaked at $79,063 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +53.9% per year.

Injection-Moulding Machine Price in Vietnam (FOB) - 2022

The average injection-moulding machine export price stood at $45,118 per unit in 2022, picking up by 32% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, injection-moulding machine export price increased by +40.4% against 2019 indices. Over the period under review, the average export prices hit record highs at $58,015 per unit 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($106,757 per unit), while the average price for exports to Denmark ($15,742 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 Myanmar (+88.0%), while the prices for the other major destinations experienced more modest paces of growth.

Injection-Moulding Machine Imports in Vietnam

In 2022, approx. 2.8K units of injection-moulding machines for working rubber or plastics were imported into Vietnam; which is down by -10.6% against the previous year's figure. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 3.1K units, and then contracted in the following year.

In value terms, injection-moulding machine imports dropped to $221M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $244M, and then shrank in the following year.

Import of Injection-Moulding Machine in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Myanmar	N/A	N/A	0.3	221	73566.7%
South Korea	20.2	26.9	28.5	N/A	18.8%
Japan	45.7	37.0	53.6	N/A	8.3%
China	75.8	104	127	N/A	29.4%
Taiwan (Chinese)	23.7	24.6	23.7	N/A	0.0%
Germany	11.4	1.5	1.1	N/A	-68.9%
Others	17.2	4.1	9.9	N/A	-24.1%
Total	194	199	244	221	4.4%

Top Suppliers of Injection-Moulding Machine to Vietnam in 2022:

Myanmar (2.8K units)

Injection-Moulding Machine Exports in Vietnam

In 2022, the amount of injection-moulding machines for working rubber or plastics exported from Vietnam reduced remarkably to 48 units, dropping by -33.3% compared with 2021 figures. Over the period under review, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports reached the maximum at 193 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, injection-moulding machine exports dropped to $2.2M in 2022. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $6.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Injection-Moulding Machine in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	246	722	389	1,281	73.3%
Hong Kong SAR	474	52.8	332	510	2.5%
India	748	334	164	168	-39.2%
Myanmar	0.1	6.2	10.7	109	929.1%
Japan	81.2	144	N/A	34.2	-25.0%
Denmark	N/A	41.4	N/A	31.5	-12.8%
Malaysia	966	9.1	126	N/A	-63.9%
United States	2,435	220	N/A	N/A	-91.0%
Cambodia	1,040	26.0	43.3	N/A	-79.6%
Philippines	73.4	5.7	108	N/A	21.3%
Others	137	311	1,286	31.8	-38.5%
Total	6,200	1,872	2,459	2,166	-29.6%

Top Export Markets for Injection-Moulding Machine from Vietnam in 2022:

Hong Kong SAR (24.0 units)
South Korea (12.0 units)
India (5.0 units)
Myanmar (2.0 units)
Denmark (2.0 units)
Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the injection-moulding machine 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 28961010 - Injection-moulding machines for working rubber or plastics or for manufacturing rubber or plastic products

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