Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam - 2022

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam (FOB) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam (CIF) - 2022
  3. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam
  4. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $116,922 per ton in 2022, picking up by 16% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by 74% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($130,202 per ton), while the average price for exports to South Korea ($40,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $88,780 per ton, dropping by -20% against the previous year. Over the period under review, the import price, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $123,034 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($88,839 per ton) and Germany ($88,785 per ton), while the price for Thailand ($88,767 per ton) and China ($88,779 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam

In 2022, after three years of growth, there was significant decline in shipments abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses, when their volume decreased by -70.9% to 97 tons. In general, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 165% against the previous year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses reduced markedly to $11M in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 236% against the previous year.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.210.729.910.467.8%
ChinaN/A0.31.30.30.0%
Japan0.40.30.40.2-20.6%
South Korea0.20.20.40.1-20.6%
Thailand0.20.20.2N/A0.0%
Germany0.20.20.2N/A0.0%
Indonesia0.20.10.1N/A-29.3%
Others0.61.21.20.3-20.6%
Total4.013.333.711.341.4%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Vietnam in 2022:

  1. United States (80.2 tons)
  2. China (6.1 tons)
  3. South Korea (2.0 tons)
  4. Japan (1.7 tons)
  5. Germany (1.1 tons)
  6. Thailand (0.8 tons)
  7. Indonesia (0.7 tons)

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam

In 2022, approx. 101 tons of machine-tools; parts and accessories, tool holders and self-opening dieheadses were imported into Vietnam; with a decrease of -31.4% compared with the year before. In general, imports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of 148 tons, and then shrank rapidly in the following year.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses fell dramatically to $9M in 2022. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $16M, and then contracted markedly in the following year.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.71.55.35.245.2%
Japan4.43.94.11.4-31.7%
South Korea2.92.53.11.0-29.9%
Taiwan (Chinese)1.31.21.50.5-27.3%
Germany1.00.70.70.5-20.6%
Italy0.50.20.20.1-41.5%
Sweden0.20.70.20.1-20.6%
Others1.10.91.30.4-28.6%
Total13.211.616.49.0-12.0%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Vietnam in 2022:

  1. China (58.3 tons)
  2. Japan (15.4 tons)
  3. South Korea (11.2 tons)
  4. Taiwan (Chinese) (5.2 tons)
  5. Germany (5.2 tons)
  6. Sweden (0.8 tons)
  7. Italy (0.7 tons)

Source: IndexBox Market Intelligence Platform

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