Vietnam - Equipment For Scaffolding, Shuttering, Propping Or Pit Propping - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Vietnam - Equipment For Scaffolding, Shuttering, Propping Or Pit Propping - Market Analysis, Forecast, Size, Trends and Insights

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Price for Scaffolding, Shuttering, and Propping Equipment in Vietnam - 2021

Contents:

  1. Price for Scaffolding, Shuttering, and Propping Equipment in Vietnam (FOB) - 2022
  2. Price for Scaffolding, Shuttering, and Propping Equipment in Vietnam (CIF) - 2022
  3. Exports of Scaffolding, Shuttering, and Propping Equipment in Vietnam
  4. Imports of Scaffolding, Shuttering, and Propping Equipment in Vietnam

Price for Scaffolding, Shuttering, and Propping Equipment in Vietnam (FOB) - 2022

In 2022, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $2,091 per ton, dropping by -6.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 18%. Over the period under review, the average export prices hit record highs at $2,240 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($2,496 per ton) and the United States ($2,191 per ton), while the average price for exports to Bangladesh ($1,820 per ton) and Lao People's Democratic Republic ($1,820 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Scaffolding, Shuttering, and Propping Equipment in Vietnam (CIF) - 2022

In 2022, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $1,952 per ton, with an increase of 5.7% against the previous year. In general, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 an increase of 11%. The import price peaked at $2,370 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,242 per ton), while the price for Brunei Darussalam ($180 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Scaffolding, Shuttering, and Propping Equipment in Vietnam

In 2022, the amount of equipment for scaffolding, shuttering, propping or pit propping exported from Vietnam fell to 19K tons, waning by -9.4% on the previous year's figure. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of 20K tons, and then fell in the following year.

In value terms, scaffolding, shuttering, and propping equipment exports contracted significantly to $39M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $46M, and then dropped rapidly in the following year.

Export of Scaffolding, Shuttering, and Propping Equipment in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan22.524.333.326.45.5%
United States2.01.62.96.044.2%
Bangladesh1.10.31.71.10.0%
South Korea2.01.61.30.9-23.4%
Lao People's Democratic Republic0.60.41.30.810.1%
Others5.43.45.33.6-12.6%
Total33.631.645.838.74.8%

Top Export Markets for Scaffolding, Shuttering, and Propping Equipment from Vietnam in 2022:

  1. Japan (12.3K tons)
  2. United States (2.7K tons)
  3. Bangladesh (0.6K tons)
  4. Lao People's Democratic Republic (0.5K tons)
  5. South Korea (0.5K tons)

Imports of Scaffolding, Shuttering, and Propping Equipment in Vietnam

In 2022, after two years of decline, there was significant growth in overseas purchases of equipment for scaffolding, shuttering, propping or pit propping, when their volume increased by 47% to 18K tons. Over the period under review, imports, however, recorded a abrupt shrinkage.

In value terms, scaffolding, shuttering, and propping equipment imports skyrocketed to $35M in 2022. Overall, imports, however, showed a deep downturn.

Import of Scaffolding, Shuttering, and Propping Equipment in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine18.018.810.817.4-1.1%
China20.121.58.711.2-17.7%
South Korea6.51.00.21.9-33.6%
Russia2.42.31.21.7-10.9%
Taiwan (Chinese)1.01.10.71.26.3%
Singapore0.60.60.30.5-5.9%
Brunei DarussalamN/AN/AN/A0.10%
Others1.42.40.61.2-5.0%
Total49.947.722.535.1-11.1%

Top Suppliers of Scaffolding, Shuttering, and Propping Equipment to Vietnam in 2022:

  1. Ukraine (8.4K tons)
  2. China (5.6K tons)
  3. Russia (1.4K tons)
  4. South Korea (0.9K tons)
  5. Taiwan (Chinese) (0.5K tons)
  6. Singapore (0.3K tons)
  7. Brunei Darussalam (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for scaffolding, shuttering, and propping equipment 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 25112310 - Iron or steel equipment for scaffolding, shuttering, p ropping/pit-propping including pit head frames and superstructures, extensible coffering beams, tubular scaffolding and similar equipment

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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