Vietnam - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lathe for Removing Metal in Vietnam - 2022
Contents:
- Price for Lathe for Removing Metal in Vietnam (CIF) - 2022
- Price for Lathe for Removing Metal in Vietnam (FOB) - 2022
- Imports of Lathe for Removing Metal in Vietnam
- Exports of Lathe for Removing Metal in Vietnam
Price for Lathe for Removing Metal in Vietnam (CIF) - 2022
In December 2022, the average lathe for removing metal import price amounted to $61,228 per unit, waning by -9.3% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in June 2022 an increase of 43% m-o-m. Over the period under review, average import prices reached the maximum at $74,431 per unit in July 2022; afterwards, it flattened through to December 2022.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($85,229 per unit), while the price for Thailand ($24,273 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lathe for Removing Metal in Vietnam (FOB) - 2022
In 2022, the average lathe for removing metal export price amounted to $9,006 per unit, with an increase of 24% against the previous year. In general, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 31%. The export price peaked at $20,745 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($29,948 per unit), while the average price for exports to Indonesia ($1,296 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lathe for Removing Metal in Vietnam
In 2022, lathe for removing metal imports into Vietnam declined to 1.7K units, waning by -10% on 2021. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, lafor removing metal imports attained the peak figure at 2.8K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, lathe for removing metal imports declined to $88M in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked at $137M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Lathe for Removing Metal in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 49.0 | 30.2 | 26.8 | 33.4 | -12.0% |
China | 25.0 | 14.5 | 15.1 | 13.6 | -18.4% |
Taiwan (Chinese) | 24.8 | 13.4 | 15.6 | 13.4 | -18.6% |
South Korea | 20.5 | 13.5 | 15.0 | 12.6 | -15.0% |
Thailand | 7.4 | 5.0 | 9.9 | 8.3 | 3.9% |
Philippines | 2.0 | 0.8 | 2.0 | 1.3 | -13.4% |
Others | 7.8 | 5.3 | 7.9 | 5.1 | -13.2% |
Total | 137 | 82.7 | 92.3 | 87.5 | -13.9% |
Top Suppliers of Lathe for Removing Metal to Vietnam in 2022:
- Japan (455.0 units)
- China (324.0 units)
- Taiwan (Chinese) (321.0 units)
- South Korea (261.0 units)
- Thailand (122.0 units)
- Philippines (25.0 units)
Exports of Lathe for Removing Metal in Vietnam
In 2022, approx. 68 units of lathes for removing metal were exported from Vietnam; falling by -39.8% against 2021. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 126% against the previous year. The exports peaked at 124 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, lathe for removing metal exports declined remarkably to $615K in 2022. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 102% against the previous year. The exports peaked at $1.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Lathe for Removing Metal in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 403 | 26.0 | 46.3 | 92.7 | -38.7% |
Japan | 35.8 | 168 | 7.1 | 89.6 | 35.8% |
China | 7.7 | 28.5 | 170 | 79.9 | 118.1% |
United Arab Emirates | 85.2 | 32.7 | 107 | 51.8 | -15.3% |
Philippines | 106 | 34.3 | 92.6 | 51.1 | -21.6% |
Taiwan (Chinese) | 43.6 | 0.1 | 84.4 | 39.6 | -3.2% |
Russia | 70.4 | 17.0 | 81.8 | 38.4 | -18.3% |
Hong Kong SAR | 60.5 | 23.1 | 74.9 | 36.1 | -15.8% |
Thailand | 134 | 8.7 | 18.2 | 31.3 | -38.4% |
Singapore | 69.3 | 2.7 | 29.9 | 18.5 | -35.6% |
India | 31.7 | 0.6 | 14.7 | 8.3 | -36.0% |
Myanmar | 3.6 | 1.0 | 2.4 | 1.5 | -25.3% |
Indonesia | 2.5 | 0.9 | 2.9 | 1.4 | -17.6% |
Others | 77.7 | 63.6 | 91.4 | 75.1 | -1.1% |
Total | 1,131 | 407 | 824 | 615 | -18.4% |
Top Export Markets for Lathe for Removing Metal from Vietnam in 2022:
- South Korea (10.0 units)
- Hong Kong SAR (9.0 units)
- China (7.0 units)
- Singapore (5.0 units)
- United Arab Emirates (5.0 units)
- India (4.0 units)
- Russia (4.0 units)
- Philippines (3.0 units)
- Japan (3.0 units)
- Taiwan (Chinese) (2.0 units)
- Thailand (2.0 units)
- Myanmar (1.0 units)
- Indonesia (1.0 units)
This report provides an in-depth analysis of the market for lathe for removing metal 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 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
- Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
- Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
- Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
- Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)
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
This report provides an in-depth analysis of the market for lathe for removing metal in Vietnam.
This report provides an in-depth analysis of the market for lathes, including turning centres, for removing metal in Vietnam.
This report provides an in-depth analysis of the non-numerically controlled lathe market in Vietnam.
This report provides an in-depth analysis of the market for numerically controlled horizontal lathes, turning centres, for removing metal in Vietnam.
This report provides an in-depth analysis of the global market for lathe for removing metal.
Global Metal Removing Lathe Market Report 2018. This report provides an in-depth analysis of the global metal removing lathe market.
This report provides an in-depth analysis of the global non-numerically controlled lathe market.
Global Numerically Controlled Lathe Market Report 2018. This report provides an in-depth analysis of the global numerically controlled lathe market.
This report provides an in-depth analysis of the market for lathe for removing metal in Vietnam.
This report provides an in-depth analysis of the market for lathes, including turning centres, for removing metal in Vietnam.
Explore the top import markets for lathe machines for removing metal, including the United States, Germany, China, Italy, and more. Discover key statistics and market insights from the IndexBox market intelligence platform.
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...
Explore the top import markets for lathe machines for removing metal, including the United States, Germany, China, Italy, and more. Discover key statistics and market insights from the IndexBox market intelligence platform.
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...