Vietnam - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights

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Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam - 2022

Contents:

  1. Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam (CIF) - 2022
  2. Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam (FOB) - 2022
  3. Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam
  4. Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam

Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam (CIF) - 2022

In 2022, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $9,352 per unit, which is down by -2.7% against the previous year. In general, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2017 an increase of 17% against the previous year. The import price peaked at $17,794 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($13,186 per unit) and Japan ($12,260 per unit), while the price for Denmark ($12,228 per unit) and Taiwan (Chinese) ($12,242 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam (FOB) - 2022

The average export price for elevators and conveyors other than pneumatic, belt- or bucket-type stood at $17,648 per unit in 2022, surging by 3.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 6.6% against the previous year. As a result, the export price attained the peak level of $17,673 per unit. From 2014 to 2022, the average export prices remained at a somewhat 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 Japan ($10,212 per unit) and Germany ($10,153 per unit), while the average price for exports to Cambodia ($9,351 per unit) and Myanmar ($9,416 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 Germany (+76.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam

In 2022, imports of elevators and conveyors other than pneumatic, belt- or bucket-type into Vietnam rose modestly to 9.1K units, surging by 2.5% compared with the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 increased by +57.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type declined slightly to $85M in 2022. Overall, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Imports peaked at $104M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China62.839.664.456.8-3.3%
South Korea4.99.16.413.540.2%
Thailand3.84.93.44.77.3%
Taiwan (Chinese)5.71.82.93.6-14.2%
Denmark0.1N/A1.12.8203.7%
Japan1.23.31.91.610.1%
Germany18.71.11.50.1-82.5%
Others7.44.44.12.2-33.3%
Total10464.485.685.3-6.4%

Top Suppliers of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type to Vietnam in 2022:

  1. China (4.6K units)
  2. South Korea (1.1K units)
  3. Thailand (0.4K units)
  4. Taiwan (Chinese) (0.3K units)
  5. Denmark (0.2K units)
  6. Japan (0.1K units)

Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam

In 2022, shipments abroad of elevators and conveyors other than pneumatic, belt- or bucket-type decreased by -52.4% to 136 units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 387%. As a result, the exports attained the peak of 687 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type declined rapidly to $2.4M in 2022. Overall, exports, however, showed a modest increase. The growth pace was the most rapid in 2020 with an increase of 400% against the previous year. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.80.7254732336.5%
South Korea4292.015464614.6%
Cote d'IvoireN/AN/A22.3181711.7%
Cambodia88.144.110215921.8%
Myanmar9.8N/A19.5132137.9%
Lao People's Democratic Republic55610.60.596.6-44.2%
Thailand0.717884.779.2383.7%
Indonesia13.3138N/A78.880.9%
Germany0.840.61.071.1346.3%
India4.912165.956.8126.3%
Japan65315522040.8-60.3%
AustraliaN/AN/A1,546N/A0%
CanadaN/A10,105N/AN/A0%
Others5236382,421126-37.8%
Total2,28611,4334,8912,4001.6%

Top Export Markets for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type from Vietnam in 2022:

  1. China (77.0 units)
  2. South Korea (68.0 units)
  3. Cote d'Ivoire (19.0 units)
  4. Cambodia (17.0 units)
  5. Myanmar (14.0 units)
  6. Lao People's Democratic Republic (10.0 units)
  7. Indonesia (8.0 units)
  8. Thailand (8.0 units)
  9. Germany (7.0 units)
  10. India (6.0 units)
  11. Japan (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
  • Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)

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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