Price for Floating or Submersible Drilling or Production Platforms in Vietnam - 2022
Contents:
- Price for Floating or Submersible Drilling or Production Platforms in Vietnam (CIF) - 2022
- Imports of Floating or Submersible Drilling or Production Platforms in Vietnam
Price for Floating or Submersible Drilling or Production Platforms in Vietnam (CIF) - 2022
In 2022, the average import price for floating or submersible drilling or production platformses amounted to $60,782 per unit, increasing by 1,558% against the previous year. Overall, the import price, however, showed a significant contraction. The pace of growth appeared the most rapid in 2018 an increase of 2,048% against the previous year. The import price peaked at $19,634,429 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($271,147 per unit), while the price for Malaysia ($1,149 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.3%), while the prices for the other major suppliers experienced a decline.
Imports of Floating or Submersible Drilling or Production Platforms in Vietnam
In 2022, approx. 6 units of floating or submersible drilling or production platformses were imported into Vietnam; stabilizing at the previous year. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of floating or submersible drilling or production platformses soared to $365K in 2022. Overall, imports showed a deep reduction. Imports peaked at $1.1M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Floating or Submersible Drilling or Production Platforms in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 258 | 884 | 15.6 | 271 | 1.7% |
| Singapore | 66.4 | 93.5 | 2.6 | 42.0 | -14.2% |
| Thailand | 95.6 | 107 | 2.3 | 30.2 | -31.9% |
| Indonesia | 41.1 | 45.9 | 1.0 | 13.0 | -31.9% |
| South Korea | 2.0 | 2.7 | 0.5 | 7.2 | 53.3% |
| Malaysia | 2.1 | 2.9 | 0.1 | 1.1 | -19.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 466 | 1,136 | 22.0 | 365 | -7.8% |
Top Suppliers of Floating or Submersible Drilling or Production Platforms to Vietnam in 2022:
- Singapore (1.0 units)
- Indonesia (1.0 units)
- Malaysia (1.0 units)
- China (1.0 units)
- Thailand (1.0 units)
- South Korea (1.0 units)
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