Vietnam - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Vietnam - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights

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Measuring Instrument Price in Vietnam - 2022

Contents:

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

Measuring Instrument Price in Vietnam (CIF) - 2022

The average measuring instrument import price stood at $266 per unit in 2022, leveling off at the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 6.1% against the previous year. Over the period under review, average import prices reached the maximum at $267 per unit in 2021, and then shrank modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($266 per unit) and South Korea ($266 per unit), while the price for Thailand ($266 per unit) and Mexico ($266 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Measuring Instrument Price in Vietnam (FOB) - 2022

In 2022, the average measuring instrument export price amounted to $274 per unit, falling by -2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 15% against the previous year. The export price peaked at $302 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($275 per unit) and Cambodia ($274 per unit), while the average price for exports to the United States ($274 per unit) and Brazil ($274 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 Singapore (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports in Vietnam

After two years of decline, purchases abroad of instruments and apparatus for measuring or checking the flow or level of liquids increased by 0.3% to 144K units in 2022. In general, imports, however, continue to indicate a deep setback. Imports peaked at 198K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, measuring instrument imports contracted modestly to $38M in 2022. Over the period under review, imports, however, saw a abrupt curtailment. Over the period under review, imports reached the maximum at $49M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Measuring Instrument in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.47.46.97.5-7.3%
Germany8.95.35.45.1-16.9%
United States5.14.05.74.8-2.0%
Japan3.54.33.63.82.8%
France3.43.52.73.2-2.0%
United Kingdom3.71.61.21.8-21.4%
South Korea2.32.51.91.8-7.8%
Italy1.31.31.61.54.9%
Switzerland1.22.11.31.57.7%
Taiwan (Chinese)1.20.60.91.32.7%
Mexico0.10.41.20.9108.0%
Netherlands1.70.50.40.6-29.3%
Others7.15.05.44.3-15.4%
Total48.938.638.438.2-7.9%

Top Suppliers of Measuring Instrument to Vietnam in 2022:

  1. China (28.1K units)
  2. Germany (19.2K units)
  3. United States (18.2K units)
  4. Japan (14.5K units)
  5. France (12.1K units)
  6. United Kingdom (6.9K units)
  7. South Korea (6.8K units)
  8. Switzerland (5.8K units)
  9. Italy (5.5K units)
  10. Taiwan (Chinese) (4.8K units)
  11. Mexico (3.5K units)
  12. Netherlands (2.3K units)

Measuring Instrument Exports in Vietnam

In 2022, exports of instruments and apparatus for measuring or checking the flow or level of liquids from Vietnam skyrocketed to 50K units, picking up by 32% against the previous year's figure. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 58%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, measuring instrument exports skyrocketed to $14M in 2022. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Measuring Instrument in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.23.45.98.437.9%
Brazil3.42.63.43.61.9%
Cambodia0.3N/A0.30.2-12.6%
Others1.11.11.01.48.4%
Total8.07.210.613.619.3%

Top Export Markets for Measuring Instrument from Vietnam in 2022:

  1. United States (30.7K units)
  2. Brazil (13.0K units)
  3. Cambodia (0.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
  • Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
  • Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
  • Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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