Vietnam - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMen Knitwear Price in Vietnam - 2022
Contents:
- Men Knitwear Price in Vietnam (FOB) - 2022
- Men Knitwear Price in Vietnam (CIF) - 2022
- Men Knitwear Exports in Vietnam
- Men Knitwear Imports in Vietnam
Men Knitwear Price in Vietnam (FOB) - 2022
The average men knitwear export price stood at $9.6 per unit in December 2022, surging by 3.5% against the previous month. Over the period under review, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in July 2022 an increase of 5.6% month-to-month. Over the period under review, the average export prices reached the peak figure at $22.1 per unit in December 2021; however, from January 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($12.3 per unit), while the average price for exports to France ($7.9 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-5.3%), while the prices for the other major destinations experienced a decline.
Men Knitwear Price in Vietnam (CIF) - 2022
In 2022, the average men knitwear import price amounted to $4 per unit, waning by -11.6% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2014 a decrease of -0.9%. Over the period under review, average import prices attained the peak figure at $7.4 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.4% per year.
Men Knitwear Exports in Vietnam
In 2022, the amount of men's or boys' clothing (knitted or crocheted) exported from Vietnam skyrocketed to 239M units, picking up by 45% against the year before. Overall, exports saw a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, men knitwear exports soared to $2B in 2022. The total export value increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Men Knitwear in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 652 | 634 | 840 | 1,034 | 16.6% |
| Japan | 136 | 131 | 102 | 134 | -0.5% |
| South Korea | 106 | 107 | 116 | 130 | 7.0% |
| Canada | 58.1 | 51.1 | 69.9 | 88.8 | 15.2% |
| China | 72.9 | 78.3 | 79.6 | 76.6 | 1.7% |
| United Kingdom | 28.0 | 22.1 | 21.5 | 57.1 | 26.8% |
| Mexico | 10.9 | 9.4 | 19.0 | 42.1 | 56.9% |
| Others | 377 | 317 | 378 | 399 | 1.9% |
| Total | 1,440 | 1,349 | 1,626 | 1,962 | 10.9% |
Top Export Markets for Men Knitwear from Vietnam in 2022:
- United States (161.3M units)
- Japan (12.0M units)
- South Korea (12.0M units)
- Canada (7.2M units)
- Mexico (5.5M units)
- China (4.7M units)
- United Kingdom (4.3M units)
Men Knitwear Imports in Vietnam
In 2022, the amount of men's or boys' clothing (knitted or crocheted) imported into Vietnam contracted modestly to 39M units, flattening at 2021. Over the period under review, imports continue to indicate a noticeable decline. Imports peaked at 42M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, men knitwear imports declined to $157M in 2022. In general, imports showed a drastic downturn. The smallest decline of -7.6% was in 2021. Imports peaked at $210M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Men Knitwear in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 182 | 173 | 161 | 147 | -6.9% |
| Others | 27.8 | 20.2 | 17.3 | 9.4 | -30.3% |
| Total | 210 | 193 | 178 | 157 | -9.2% |
Top Suppliers of Men Knitwear to Vietnam in 2022:
- China (38.6M units)
This report provides an in-depth analysis of the men knitwear 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 14131110 - Men
- Prodcom 14131120 - Men
- Prodcom 14131230 - Men
- Prodcom 14131260 - Men
- Prodcom 14131270 - Men
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
-
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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