Vietnam - Brushes Constituting Parts Of Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Appliance Part Brush in Vietnam - 2021
Contents:
- Price for Appliance Part Brush in Vietnam (CIF) - 2022
- Price for Appliance Part Brush in Vietnam (FOB) - 2022
- Imports of Appliance Part Brush in Vietnam
- Exports of Appliance Part Brush in Vietnam
Price for Appliance Part Brush in Vietnam (CIF) - 2022
The average appliance part brush import price stood at $4 per unit in 2022, reducing by -6.2% against the previous year. Over the last decade, it increased at an average annual rate of +5.2%. The growth pace was the most rapid in 2013 an increase of 56% against the previous year. Over the period under review, average import prices attained the peak figure at $4.2 per unit in 2021, and then declined 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 Malaysia ($4 per unit) and China ($4 per unit), while the price for South Korea ($3.5 per unit) and Japan ($4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Appliance Part Brush in Vietnam (FOB) - 2022
In 2022, the average appliance part brush export price amounted to $5.2 per unit, dropping by -12.8% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, appliance part brush export price increased by +39.4% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices attained the maximum at $5.9 per unit in 2021, and then declined in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($7 per unit) and Thailand ($5.6 per unit), while the average price for exports to China ($5.1 per unit) and South Korea ($5.1 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Appliance Part Brush in Vietnam
After three years of growth, overseas purchases of brushes constituting parts of appliances decreased by -22.5% to 6.6M units in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 128%. Imports peaked at 8.5M units in 2021, and then contracted sharply in the following year.
In value terms, appliance part brush imports declined remarkably to $26M in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. As a result, imports attained the peak of $36M, and then declined notably in the following year.
| Import of Appliance Part Brush in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 7.1 | 29.4 | 20.7 | 105.1% |
| Japan | 2.5 | 3.1 | 3.1 | 2.2 | -4.2% |
| South Korea | 1.3 | 4.2 | 1.1 | 1.5 | 4.9% |
| Malaysia | 0.5 | 0.9 | 1.6 | 1.1 | 30.1% |
| Others | 1.3 | 1.1 | 0.8 | 0.7 | -18.6% |
| Total | 8.0 | 16.3 | 36.0 | 26.2 | 48.5% |
Top Suppliers of Appliance Part Brush to Vietnam in 2022:
- China (5.1M units)
- Japan (0.5M units)
- South Korea (0.4M units)
- Malaysia (0.3M units)
Exports of Appliance Part Brush in Vietnam
Appliance part brush exports from Vietnam surged to 3.1M units in 2022, with an increase of 29% against the previous year. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 105% against the previous year. As a result, the exports reached the peak of 3.7M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, appliance part brush exports expanded sharply to $16M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 160%. As a result, the exports attained the peak of $18M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Appliance Part Brush in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 2.6 | 4.7 | 4.0 | 4.6 | 20.9% |
| China | 2.0 | 4.6 | 3.7 | 4.2 | 28.1% |
| United States | 0.6 | 3.5 | 2.5 | 2.8 | 67.1% |
| South Korea | 0.5 | 1.6 | 1.7 | 2.0 | 58.7% |
| Thailand | 0.5 | 1.2 | 0.7 | 0.9 | 21.6% |
| Japan | 0.2 | 0.7 | 0.5 | 0.5 | 35.7% |
| Philippines | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Others | 0.3 | 0.8 | 0.7 | 0.5 | 18.6% |
| Total | 6.8 | 17.6 | 14.1 | 15.9 | 32.7% |
Top Export Markets for Appliance Part Brush from Vietnam in 2022:
- Hong Kong SAR (895.4K units)
- China (814.9K units)
- United States (549.6K units)
- South Korea (386.0K units)
- Thailand (155.8K units)
- Japan (100.3K units)
- Philippines (65.9K units)
This report provides an in-depth analysis of the appliance part brush 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 32911970 - Brushes constituting parts of machines, appliances or vehicles (excluding for road-sweepers)
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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