Vietnam - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMultimeter Price in Vietnam - 2022
Contents:
- Multimeter Price in Vietnam (CIF) - 2022
- Multimeter Price in Vietnam (FOB) - 2022
- Multimeter Imports in Vietnam
- Multimeter Exports in Vietnam
Multimeter Price in Vietnam (CIF) - 2022
The average multimeter import price stood at $35 per unit in 2022, picking up by 20% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. Over the period under review, average import prices hit record highs at $59 per unit in 2014; however, from 2015 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 Sweden ($35 per unit) and Malaysia ($35 per unit), while the price for Austria ($34 per unit) and India ($34 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.8%), while the prices for the other major suppliers experienced a decline.
Multimeter Price in Vietnam (FOB) - 2022
The average multimeter export price stood at $66 per unit in 2022, dropping by -6.9% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, multimeter export price increased by +14.2% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 24% against the previous year. The export price peaked at $70 per unit in 2021, and then fell in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($70 per unit) and South Korea ($70 per unit), while the average price for exports to Singapore ($59 per unit) and Cambodia ($60 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 Thailand (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in Vietnam
In 2022, supplies from abroad of multimeters decreased by -12.3% to 302K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 167%. Over the period under review, imports hit record highs at 344K units in 2021, and then fell in the following year.
In value terms, multimeter imports expanded significantly to $10M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 120%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Multimeter in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 524 | 1,306 | 2,748 | 2,388 | 65.8% |
| Japan | 1,173 | 1,739 | 1,493 | 1,672 | 12.5% |
| India | 426 | 1,241 | 1,123 | 976 | 31.8% |
| Germany | 188 | 2,049 | 334 | 804 | 62.3% |
| Austria | 259 | 774 | 869 | 755 | 42.9% |
| United States | 296 | 870 | 541 | 593 | 26.1% |
| Malaysia | 602 | 160 | 260 | 503 | -5.8% |
| United Kingdom | 108 | 417 | 492 | 428 | 58.2% |
| Sweden | 164 | 527 | 297 | 341 | 27.6% |
| South Korea | 269 | 165 | 154 | 262 | -0.9% |
| Taiwan (Chinese) | 115 | 268 | 178 | 201 | 20.5% |
| Italy | 43.4 | 125 | 193 | 168 | 57.0% |
| Others | 828 | 1,334 | 1,193 | 1,336 | 17.3% |
| Total | 4,994 | 10,976 | 9,876 | 10,426 | 27.8% |
Top Suppliers of Multimeter to Vietnam in 2022:
- China (68.6K units)
- Japan (48.1K units)
- India (28.9K units)
- Germany (23.1K units)
- Austria (22.4K units)
- United States (17.0K units)
- Malaysia (14.4K units)
- United Kingdom (12.3K units)
- Sweden (9.8K units)
- South Korea (7.5K units)
- Taiwan (Chinese) (5.8K units)
- Italy (4.8K units)
Multimeter Exports in Vietnam
In 2022, overseas shipments of multimeters increased by 27% to 1.3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a deep setback. Over the period under review, the exports attained the maximum at 2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, multimeter exports soared to $85K in 2022. In general, exports, however, showed a deep downturn. The exports peaked at $114K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Multimeter in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.4 | 3.5 | 22.1 | 26.3 | 81.5% |
| Singapore | 48.0 | 11.0 | 8.2 | 24.8 | -19.8% |
| Japan | 0.6 | 17.8 | 14.7 | 17.5 | 207.8% |
| Cambodia | 11.8 | 1.2 | 3.9 | 6.4 | -18.4% |
| Germany | 2.7 | 0.9 | 5.1 | 6.0 | 30.5% |
| United States | 1.6 | 6.5 | 3.2 | 3.8 | 33.4% |
| United Kingdom | 14.1 | 31.1 | N/A | N/A | 120.6% |
| United Arab Emirates | 10.0 | N/A | N/A | N/A | 0% |
| Lao People's Democratic Republic | 13.8 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 15.7 | N/A | N/A | 0% |
| Others | 7.3 | 10.2 | 14.6 | N/A | 41.4% |
| Total | 114 | 98.0 | 71.7 | 84.8 | -9.4% |
Top Export Markets for Multimeter from Vietnam in 2022:
- Singapore (420.0 units)
- South Korea (375.0 units)
- Japan (249.0 units)
- Cambodia (108.0 units)
- Germany (86.0 units)
- United States (54.0 units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
289
This report provides an in-depth analysis of the multimeter market in Vietnam.
215
This report provides an in-depth analysis of the market for electric gains measuring instruments (non-recording) in Vietnam.
145
This report provides an in-depth analysis of the market for instruments for measuring electrical quantities in Vietnam.
350
This report provides an in-depth analysis of the telecommunications instrument market in Vietnam.
259
This report provides an in-depth analysis of the market for electrical measuring instruments (non-recording, electronic) in Vietnam.
216
This report provides an in-depth analysis of the market for electric gains measuring instruments (recording) in Vietnam.
263
This report provides an in-depth analysis of the cathode-ray oscilloscopes and oscillographs market in Vietnam.
574
This report provides an in-depth analysis of the global multimeter market.
322
Global Electric Non-Recording Gains Measurer Market Report 2018. This report provides an in-depth analysis of the global market for electric non-recording gains measurer.
216
This report provides an in-depth analysis of the global market for instruments for measuring electrical quantities.
201
Explore the top import markets for telecommunications instruments and key statistics. Discover the leading countries and their import values according to the IndexBox market intelligence platform.
201
Explore the top import markets for telecommunications instruments and key statistics. Discover the leading countries and their import values according to the IndexBox market intelligence platform.
