Vietnam - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Vietnam - Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fully or Partly Automatic Arc Welding Machine in Vietnam - 2022

Contents:

  1. Price for Fully or Partly Automatic Arc Welding Machine in Vietnam (CIF) - 2022
  2. Price for Fully or Partly Automatic Arc Welding Machine in Vietnam (FOB) - 2022
  3. Imports of Fully or Partly Automatic Arc Welding Machine in Vietnam
  4. Exports of Fully or Partly Automatic Arc Welding Machine in Vietnam

Price for Fully or Partly Automatic Arc Welding Machine in Vietnam (CIF) - 2022

In 2022, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $1,438 per unit, dropping by -14.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 48%. The import price peaked at $2,265 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 Australia ($5,430 per unit) and Japan ($5,413 per unit), while the price for France ($5,278 per unit) and South Korea ($5,397 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fully or Partly Automatic Arc Welding Machine in Vietnam (FOB) - 2022

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $6,924 per unit in 2022, rising by 8.3% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fully or partly automatic electric machines for arc welding of metals increased by +113.8% against 2012 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.3% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($4,489 per unit) and the Philippines ($4,475 per unit), while the average price for exports to Malaysia ($3,792 per unit) and Mozambique ($4,153 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 Cameroon (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fully or Partly Automatic Arc Welding Machine in Vietnam

Imports of fully or partly automatic electric machines for arc welding of metals into Vietnam skyrocketed to 25K units in 2022, growing by 130% compared with 2021 figures. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals skyrocketed to $35M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fully or Partly Automatic Arc Welding Machine in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.86.99.225.975.4%
Japan4.03.14.93.2-7.2%
AustriaN/A0.20.72.0216.2%
Germany1.20.10.31.712.3%
South Korea1.50.81.11.2-7.2%
AustraliaN/AN/A1.20.7-41.7%
Taiwan (Chinese)0.80.20.20.7-4.4%
United States1.90.30.20.1-62.5%
Thailand1.22.9N/AN/A141.7%
Others0.60.30.20.1-45.0%
Total16.014.818.035.430.3%

Top Suppliers of Fully or Partly Automatic Arc Welding Machine to Vietnam in 2022:

  1. China (4.8K units)
  2. Japan (0.6K units)
  3. Austria (0.4K units)
  4. Germany (0.3K units)
  5. South Korea (0.2K units)
  6. Australia (0.1K units)
  7. Taiwan (Chinese) (0.1K units)

Exports of Fully or Partly Automatic Arc Welding Machine in Vietnam

In 2022, shipments abroad of fully or partly automatic electric machines for arc welding of metals decreased by -64.4% to 26 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. Over the period under review, the exports of hit record highs at 73 units in 2021, and then reduced dramatically in the following year.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals contracted rapidly to $180K in 2022. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 49% against the previous year. The exports peaked at $467K in 2021, and then dropped significantly in the following year.

Export of Fully or Partly Automatic Arc Welding Machine in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique23310014270.6-32.8%
TanzaniaN/AN/A60.167.312.0%
Taiwan (Chinese)N/AN/AN/A22.40%
MalaysiaN/A25.4N/A15.2-22.6%
PhilippinesN/AN/A51.04.5-91.2%
Thailand38.510.33.5N/A-69.8%
JapanN/A29.20.9N/A-96.9%
CambodiaN/A40.6N/AN/A0%
India9.4N/A160N/A312.6%
MexicoN/A214N/AN/A0%
MyanmarN/A4.9N/AN/A0%
Others4.41.148.6N/A232.3%
Total285426467180-14.2%

Top Export Markets for Fully or Partly Automatic Arc Welding Machine from Vietnam in 2022:

  1. Mozambique (17.0 units)
  2. Tanzania (16.0 units)
  3. Taiwan (Chinese) (5.0 units)
  4. Malaysia (4.0 units)
  5. Philippines (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fully or partly automatic arc welding machine 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 27903154 - Fully or partly automatic electric machines for arc welding of metals (including plasma arc)

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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