Price for Tugs and Pusher Craft in Vietnam - 2022
Contents:
- Price for Tugs and Pusher Craft in Vietnam (FOB) - 2022
- Price for Tugs and Pusher Craft in Vietnam (CIF) - 2022
- Exports of Tugs and Pusher Craft in Vietnam
- Imports of Tugs and Pusher Craft in Vietnam
Price for Tugs and Pusher Craft in Vietnam (FOB) - 2022
In 2022, the average tugs and pusher craft export price amounted to $2,424,124 per unit, flattening at the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 98% against the previous year. As a result, the export price reached the peak level of $3,007,388 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($4,847,665 per unit), while the average price for exports to the Netherlands ($604,600 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 Canada (+36.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tugs and Pusher Craft in Vietnam (CIF) - 2022
In 2022, the average tugs and pusher craft import price amounted to $873,774 per unit, growing by 12% against the previous year. Overall, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 121%. As a result, import price reached the peak level of $1,819,692 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($2,219,847 per unit), while the price for Cambodia ($103,558 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tugs and Pusher Craft in Vietnam
In 2022, approx. 28 units of tugs and pusher crafts were exported from Vietnam; with a decrease of -31.7% against the previous year's figure. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, the exports attained the peak of 41 units, and then declined significantly in the following year.
In value terms, tugs and pusher craft exports contracted rapidly to $67M in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 194%. As a result, the exports reached the peak of $100M, and then contracted remarkably in the following year.
| Export of Tugs and Pusher Craft in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 18.1 | 6.6 | 18.6 | 10.7 | -16.1% |
| Australia | 13.8 | 4.4 | 9.9 | 8.6 | -14.6% |
| United Arab Emirates | 9.7 | 3.4 | 9.0 | 4.9 | -20.4% |
| Mexico | 3.5 | 2.4 | 7.5 | 4.7 | 10.3% |
| Panama | 3.7 | 1.8 | 7.3 | 4.7 | 8.3% |
| Netherlands | 1.7 | 4.6 | 2.2 | 3.9 | 31.9% |
| Saudi Arabia | 1.1 | 0.3 | 5.9 | 3.8 | 51.2% |
| France | 4.0 | 0.8 | 5.3 | 3.4 | -5.3% |
| Italy | 6.4 | 1.8 | 1.6 | 3.2 | -20.6% |
| Canada | 2.6 | N/A | N/A | 2.7 | 1.3% |
| Nigeria | 3.1 | 1.2 | 3.8 | 2.4 | -8.2% |
| Germany | 1.9 | 0.8 | 2.2 | 1.5 | -7.6% |
| Pakistan | 0.2 | N/A | N/A | N/A | 0% |
| Others | 18.0 | 5.7 | 26.2 | 12.3 | -11.9% |
| Total | 88.0 | 33.9 | 99.6 | 66.7 | -8.8% |
Top Export Markets for Tugs and Pusher Craft from Vietnam in 2022:
- Netherlands (6.0 units)
- Singapore (3.0 units)
- Saudi Arabia (2.0 units)
- Australia (2.0 units)
- Italy (2.0 units)
- Mexico (2.0 units)
- United Arab Emirates (2.0 units)
- Panama (2.0 units)
- France (2.0 units)
- Canada (1.0 units)
- Germany (1.0 units)
- Nigeria (1.0 units)
Imports of Tugs and Pusher Craft in Vietnam
In 2022, approx. 20 units of tugs and pusher crafts were imported into Vietnam; picking up by 18% against 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, tugs and pusher craft imports skyrocketed to $17M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Tugs and Pusher Craft in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 2.9 | 2.4 | 5.2 | 1.3% |
| Thailand | 2.3 | 2.6 | 3.5 | 3.3 | 12.8% |
| Indonesia | 1.9 | 1.9 | 1.9 | 2.7 | 12.4% |
| South Korea | 1.6 | 1.8 | 2.1 | 2.6 | 17.6% |
| Japan | 1.5 | 1.9 | 2.7 | 2.4 | 17.0% |
| Singapore | 0.3 | 0.4 | 0.6 | 0.6 | 26.0% |
| Malaysia | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Cambodia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Cyprus | N/A | 8.8 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.9 | 20.7 | 13.5 | 17.1 | 9.9% |
Top Suppliers of Tugs and Pusher Craft to Vietnam in 2022:
- China (5.0 units)
- Indonesia (3.0 units)
- Japan (3.0 units)
- South Korea (3.0 units)
- Malaysia (2.0 units)
- Thailand (2.0 units)
- Singapore (1.0 units)
- Cambodia (1.0 units)
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