Vietnam - Iron Or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Solid Fuel Appliances in Vietnam - 2022
Contents:
- Price for Metal Solid Fuel Appliances in Vietnam (FOB) - 2022
- Price for Metal Solid Fuel Appliances in Vietnam (CIF) - 2022
- Exports of Metal Solid Fuel Appliances in Vietnam
- Imports of Metal Solid Fuel Appliances in Vietnam
Price for Metal Solid Fuel Appliances in Vietnam (FOB) - 2022
In 2022, the average metal solid fuel appliances export price amounted to $619 per unit, approximately equating the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +9.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal solid fuel appliances export price increased by +2.0% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 92% against the previous year. Over the period under review, the average export prices reached the maximum at $688 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,013 per unit), while the average price for exports to Sweden ($55 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 the United States (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal Solid Fuel Appliances in Vietnam (CIF) - 2022
The average metal solid fuel appliances import price stood at $394 per unit in 2022, which is down by -2.6% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal solid fuel appliances import price increased by +6.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 59% against the previous year. The import price peaked at $531 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($621 per unit), while the price for Japan ($186 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Metal Solid Fuel Appliances in Vietnam
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel solid fuel domestic appliances, when their volume decreased by -45.3% to 40K units. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 953%. As a result, the exports attained the peak of 73K units, and then shrank notably in the following year.
In value terms, metal solid fuel appliances exports declined significantly to $25M in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 975% against the previous year. As a result, the exports attained the peak of $45M, and then shrank notably in the following year.
| Export of Metal Solid Fuel Appliances in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.1 | 35.4 | 20.8 | 1342.2% |
| Germany | 0.3 | 0.6 | 1.4 | 1.0 | 49.4% |
| Cambodia | 0.2 | 0.3 | 0.7 | 0.5 | 35.7% |
| Switzerland | 0.8 | 1.3 | 2.3 | 0.4 | -20.6% |
| Belgium | 0.1 | 0.3 | 0.5 | 0.4 | 58.7% |
| Netherlands | N/A | 0.3 | 2.5 | 0.2 | -18.4% |
| Denmark | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Sweden | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.6 | 1.2 | 2.4 | 1.2 | 26.0% |
| Total | 2.1 | 4.2 | 45.3 | 24.8 | 127.7% |
Top Export Markets for Metal Solid Fuel Appliances from Vietnam in 2022:
- United States (20.6K units)
- Switzerland (2.2K units)
- Denmark (1.2K units)
- Germany (1.1K units)
- Cambodia (0.8K units)
- Sweden (0.8K units)
- Netherlands (0.5K units)
- Belgium (0.5K units)
Imports of Metal Solid Fuel Appliances in Vietnam
In 2022, supplies from abroad of iron or steel solid fuel domestic appliances decreased by -30.2% to 1.4K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 152%. As a result, imports attained the peak of 1.9K units, and then fell dramatically in the following year.
In value terms, metal solid fuel appliances imports fell dramatically to $532K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 177%. As a result, imports reached the peak of $782K, and then dropped sharply in the following year.
| Import of Metal Solid Fuel Appliances in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 88.8 | 102 | 492 | 423 | 68.3% |
| Russia | 109 | 106 | 194 | 66.7 | -15.1% |
| Singapore | 29.4 | 31.5 | 63.8 | 24.2 | -6.3% |
| Taiwan (Chinese) | 25.4 | 12.3 | 2.5 | 6.9 | -35.2% |
| South Korea | 17.5 | 9.1 | 3.8 | 1.4 | -56.9% |
| Others | 17.6 | 21.3 | 25.8 | 9.9 | -17.5% |
| Total | 288 | 282 | 782 | 532 | 22.7% |
Top Suppliers of Metal Solid Fuel Appliances to Vietnam in 2022:
- China (986.0 units)
- Russia (234.0 units)
- Singapore (39.0 units)
- Taiwan (Chinese) (34.0 units)
- South Korea (3.0 units)
This report provides an in-depth analysis of the market for metal solid fuel appliances 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 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)
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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