Vietnam - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hand-Operated Drilling, Threading or Tapping Tool in Vietnam - 2022
Contents:
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Vietnam (CIF) - 2022
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Vietnam (FOB) - 2022
- Imports of Hand-Operated Drilling, Threading or Tapping Tool in Vietnam
- Exports of Hand-Operated Drilling, Threading or Tapping Tool in Vietnam
Price for Hand-Operated Drilling, Threading or Tapping Tool in Vietnam (CIF) - 2022
In 2022, the average import price for hand-operated drilling, threading or tapping tools amounted to $25,836 per ton, with an increase of 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum at $26,615 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($25,829 per ton) and Japan ($25,818 per ton), while the price for the United States ($25,806 per ton) and South Korea ($25,812 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Drilling, Threading or Tapping Tool in Vietnam (FOB) - 2022
In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $19,714 per ton, increasing by 436% against the previous year. In general, the export price, however, saw a abrupt descent. The export price peaked at $62,710 per ton in 2012; however, from 2013 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 Mozambique.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -4.3% per year.
Imports of Hand-Operated Drilling, Threading or Tapping Tool in Vietnam
In 2022, purchases abroad of hand-operated drilling, threading or tapping tools increased by 5.2% to 14 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt curtailment.
In value terms, imports of hand-operated drilling, threading or tapping tools rose markedly to $351K in 2022. Over the period under review, imports, however, showed a abrupt decline.
| Import of Hand-Operated Drilling, Threading or Tapping Tool in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 163 | 161 | 145 | 149 | -2.9% |
| Japan | 96.4 | 65.1 | 74.9 | 81.7 | -5.4% |
| South Korea | 106 | 18.5 | 30.8 | 38.2 | -28.8% |
| Taiwan (Chinese) | 110 | 59.1 | 35.2 | 26.9 | -37.5% |
| Germany | 30.0 | 72.9 | 16.7 | 26.4 | -4.2% |
| United States | 81.3 | 16.0 | 9.4 | 19.5 | -37.9% |
| Others | 43.4 | 5.9 | 12.8 | 9.2 | -40.4% |
| Total | 629 | 399 | 325 | 351 | -17.7% |
Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to Vietnam in 2022:
- China (5.8 tons)
- Japan (3.2 tons)
- South Korea (1.5 tons)
- Taiwan (Chinese) (1.0 tons)
- Germany (1.0 tons)
- United States (0.8 tons)
Exports of Hand-Operated Drilling, Threading or Tapping Tool in Vietnam
After three years of growth, overseas shipments of hand-operated drilling, threading or tapping tools decreased by -99.2% to 35 kg in 2022. Over the period under review, exports faced a sharp slump. The growth pace was the most rapid in 2020 with an increase of 43%.
In value terms, exports of hand-operated drilling, threading or tapping tools reduced markedly to $690 in 2022. In general, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, the exports reached the peak of $30K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Hand-Operated Drilling, Threading or Tapping Tool in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | N/A | 0.7 | 0% |
| Thailand | 4.1 | N/A | 0.8 | N/A | -55.8% |
| Nigeria | N/A | N/A | 5.6 | N/A | 0% |
| China | 16.2 | 18.3 | N/A | N/A | 13.0% |
| Malaysia | N/A | 7.6 | N/A | N/A | 0% |
| Tanzania | N/A | 0.2 | N/A | N/A | 0% |
| Angola | 0.9 | 0.1 | N/A | N/A | -88.9% |
| Seychelles | 0.5 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 3.3 | 9.5 | N/A | 99.0% |
| Total | 24.1 | 29.5 | 15.9 | 0.7 | -69.3% |
Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from Vietnam in 2022:
- Mozambique (35.0 kg)
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool 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 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
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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