Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam - 2022

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam (CIF) - 2022

The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $39,080 per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2018 an increase of 19%. Over the period under review, average import prices reached the peak figure at $39,658 per ton in 2021, and then fell slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($39,083 per ton) and Germany ($39,081 per ton), while the price for Japan ($39,076 per ton) and Finland ($39,078 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $60,284 per ton, with an increase of 9.6% against the previous year. In general, the export price posted slight growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 56% against the previous year. As a result, the export price attained the peak level of $70,686 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($470,000 per ton), while the average price for exports to South Korea totaled $35,587 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+45.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam

In 2022, supplies from abroad of machinery; parts of machinery for making or finishing paper or paperboard decreased by -11.3% to 364 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 18%.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard contracted to $14M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 27%.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.79.912.611.426.0%
Taiwan (Chinese)1.30.90.50.8-14.9%
Germany1.30.51.30.5-27.3%
Malaysia0.20.1N/A0.314.5%
Finland0.50.30.10.2-26.3%
Austria0.1N/A0.30.226.0%
Others1.82.21.50.8-23.7%
Total10.913.916.314.29.2%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Vietnam in 2022:

  1. China (292.2 tons)
  2. Taiwan (Chinese) (19.5 tons)
  3. Germany (13.0 tons)
  4. Malaysia (8.3 tons)
  5. Finland (5.7 tons)
  6. Austria (5.7 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard exported from Vietnam declined to 845 kg, remaining relatively unchanged against the previous year. Overall, exports saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 3.8% against the previous year.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard expanded remarkably to $51K in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, the exports attained the peak of $58K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A38.830.0-22.7%
ThailandN/A31.3N/AN/A0%
Finland13.36.41.5N/A-66.4%
United Arab Emirates23.012.51.4N/A-75.3%
Netherlands4.4N/AN/AN/A0%
Others0.47.75.120.9273.8%
Total41.157.946.750.97.4%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Vietnam in 2022:

  1. South Korea (843.0 kg)

Source: IndexBox Market Intelligence Platform

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