Vietnam - Spray Guns And Similar Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Spray Guns and Similar Appliances in Vietnam - 2022
Contents:
- Price for Spray Guns and Similar Appliances in Vietnam (CIF) - 2022
- Price for Spray Guns and Similar Appliances in Vietnam (FOB) - 2022
- Imports of Spray Guns and Similar Appliances in Vietnam
- Exports of Spray Guns and Similar Appliances in Vietnam
Price for Spray Guns and Similar Appliances in Vietnam (CIF) - 2022
In 2022, the average import price for spray guns and similar appliances amounted to $0.5 per unit, declining by -4% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. The import price peaked at $1 per unit in 2012; however, from 2013 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 the United States ($0.7 per unit), while the price for Thailand ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.4%), while the prices for the other major suppliers experienced a decline.
Price for Spray Guns and Similar Appliances in Vietnam (FOB) - 2022
The average export price for spray guns and similar appliances stood at $1.2 per unit in 2022, reducing by -9.4% against the previous year. Overall, the export price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2015 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices attained the maximum at $2.2 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 Italy ($2.6 per unit), while the average price for exports to South Korea ($0.8 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 Jordan (+12.8%), while the prices for the other major destinations experienced a decline.
Imports of Spray Guns and Similar Appliances in Vietnam
In 2022, after three years of growth, there was significant decline in purchases abroad of spray guns and similar appliances, when their volume decreased by -5.5% to 90M units. The total import volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of 96M units, and then reduced in the following year.
In value terms, spray guns and similar appliances imports dropped to $42M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $46M, and then dropped in the following year.
| Import of Spray Guns and Similar Appliances in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 13.1 | 23.2 | 24.3 | 31.0% |
| Taiwan (Chinese) | 3.7 | 4.6 | 3.0 | 3.5 | -1.8% |
| South Korea | 4.0 | 2.5 | 3.2 | 3.1 | -8.1% |
| Switzerland | 1.6 | 2.6 | 2.5 | 2.6 | 17.6% |
| Thailand | 0.9 | 1.0 | 2.1 | 1.9 | 28.3% |
| United States | 3.5 | 4.1 | 4.1 | 1.8 | -19.9% |
| Japan | 1.9 | 2.8 | 1.9 | 1.4 | -9.7% |
| Germany | 1.6 | 1.6 | 2.4 | 0.3 | -42.8% |
| Others | 4.6 | 5.2 | 3.7 | 2.8 | -15.3% |
| Total | 32.5 | 37.5 | 46.1 | 41.8 | 8.8% |
Top Suppliers of Spray Guns and Similar Appliances to Vietnam in 2022:
- China (53.6M units)
- Taiwan (Chinese) (7.7M units)
- South Korea (6.8M units)
- Switzerland (5.4M units)
- Thailand (4.3M units)
- Japan (3.1M units)
- United States (2.6M units)
- Germany (0.7M units)
Exports of Spray Guns and Similar Appliances in Vietnam
In 2022, overseas shipments of spray guns and similar appliances decreased by -10.3% to 1.3M units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 134% against the previous year. Over the period under review, the exports reached the maximum at 1.4M units in 2021, and then contracted in the following year.
In value terms, spray guns and similar appliances exports fell significantly to $1.5M in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 60%. Over the period under review, the exports reached the maximum at $1.8M in 2021, and then fell rapidly in the following year.
| Export of Spray Guns and Similar Appliances in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.3 | 58.8 | 258 | 842 | 265.1% |
| China | 5.7 | 14.8 | 386 | 215 | 235.4% |
| Italy | 336 | 675 | 368 | 160 | -21.9% |
| South Korea | 12.0 | 11.6 | 90.5 | 47.4 | 58.1% |
| Jordan | 36.0 | 45.5 | 118 | 34.0 | -1.9% |
| Poland | 47.7 | 43.9 | 132 | 21.7 | -23.1% |
| Thailand | 68.0 | 24.4 | 67.9 | 19.5 | -34.1% |
| Honduras | N/A | N/A | 48.0 | N/A | 0% |
| Others | 189 | 263 | 347 | 137 | -10.2% |
| Total | 712 | 1,137 | 1,816 | 1,477 | 27.5% |
Top Export Markets for Spray Guns and Similar Appliances from Vietnam in 2022:
- United States (923.1K units)
- China (90.4K units)
- Italy (61.7K units)
- South Korea (58.6K units)
- Jordan (21.8K units)
- Thailand (10.7K units)
- Poland (6.3K units)
This report provides an in-depth analysis of the market for spray guns and similar 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 28292220 - Spray guns and similar appliances
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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