Vietnam - Non-Electric Bakery Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Bakery Oven Price in Vietnam - 2022
Contents:
- Non-Electric Bakery Oven Price in Vietnam (CIF) - 2022
- Non-Electric Bakery Oven Price in Vietnam (FOB) - 2022
- Non-Electric Bakery Oven Imports in Vietnam
- Non-Electric Bakery Oven Exports in Vietnam
Non-Electric Bakery Oven Price in Vietnam (CIF) - 2022
The average non-electric bakery oven import price stood at $8,814 per unit in 2022, with an increase of 34% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 319% against the previous year. As a result, import price reached the peak level of $10,908 per unit. From 2021 to 2022, the average import prices remained 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 the United States ($10,029 per unit) and China ($9,013 per unit), while the price for South Korea ($8,396 per unit) and Italy ($8,487 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Bakery Oven Price in Vietnam (FOB) - 2022
In 2022, the average non-electric bakery oven export price amounted to $3,599 per unit, falling by -48% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 257%. Over the period under review, the average export prices hit record highs at $9,337 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +85.1% per year.
Non-Electric Bakery Oven Imports in Vietnam
Non-electric bakery oven imports into Vietnam declined to 238 units in 2022, which is down by -5.9% against the previous year. Over the period under review, imports faced a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 9.1% against the previous year. Imports peaked at 696 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-electric bakery oven imports soared to $2.1M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports reached the peak of $2.5M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Non-Electric Bakery Oven in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 213 | 702 | 886 | 1,045 | 69.9% |
| South Korea | 19.5 | 1,230 | 4.7 | 486 | 192.1% |
| Malaysia | 128 | 164 | 138 | 166 | 9.1% |
| Italy | 127 | 189 | 11.3 | 126 | -0.3% |
| Canada | 196 | 94.1 | 31.9 | 125 | -13.9% |
| Taiwan (Chinese) | 58.3 | 106 | 72.4 | 91.6 | 16.3% |
| United States | 73.5 | 21.1 | 11.2 | 41.0 | -17.7% |
| Japan | 355 | N/A | 493 | N/A | 17.8% |
| Indonesia | 380 | N/A | N/A | N/A | 0% |
| Others | 263 | 20.3 | 21.4 | 17.2 | -59.7% |
| Total | 1,813 | 2,526 | 1,670 | 2,098 | 5.0% |
Top Suppliers of Non-Electric Bakery Oven to Vietnam in 2022:
- China (116.0 units)
- South Korea (58.0 units)
- Malaysia (19.0 units)
- Italy (15.0 units)
- Canada (14.0 units)
- Taiwan (Chinese) (10.0 units)
- United States (4.0 units)
Non-Electric Bakery Oven Exports in Vietnam
In 2022, after two years of decline, there was significant growth in overseas shipments of non-electric bakery ovens, when their volume increased by 100% to 4 units. Overall, exports, however, saw a deep reduction. The exports peaked at 7 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-electric bakery oven exports surged to $14K in 2022. Over the period under review, exports, however, continue to indicate a sharp decrease. The exports peaked at $52K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Non-Electric Bakery Oven in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.4 | 12.0 | 10.9 | 14.4 | 48.5% |
| Thailand | 3.5 | N/A | N/A | N/A | 0% |
| China | 2.8 | N/A | N/A | N/A | 0% |
| Malaysia | 8.2 | N/A | N/A | N/A | 0% |
| United States | 21.5 | N/A | N/A | N/A | 0% |
| Japan | 0.6 | N/A | N/A | N/A | 0% |
| Philippines | 5.0 | N/A | N/A | N/A | 0% |
| Singapore | 1.5 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | 4.3 | N/A | N/A | 0% |
| Angola | 4.2 | 1.6 | N/A | N/A | -61.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 51.7 | 17.9 | 10.9 | 14.4 | -34.7% |
Top Export Markets for Non-Electric Bakery Oven from Vietnam in 2022:
- South Korea (4.0 units)
This report provides an in-depth analysis of the non-electric bakery oven 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 28931530 - Bakery ovens, including biscuit ovens, non-electric
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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