Vietnam - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Washing and Drying Machine in Vietnam - 2021
Contents:
- Price for Washing and Drying Machine in Vietnam (CIF) - 2021
- Price for Washing and Drying Machine in Vietnam (FOB) - 2022
- Imports of Washing and Drying Machine in Vietnam
- Exports of Washing and Drying Machine in Vietnam
Price for Washing and Drying Machine in Vietnam (CIF) - 2021
The average washing and drying machine import price stood at $231 per unit in December 2021, leveling off at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 5.8% m-o-m. Over the period under review, average import prices hit record highs at $239 per unit in April 2021; however, from May 2021 to December 2021, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was China ($231 per unit), while the price for Indonesia ($221 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Washing and Drying Machine in Vietnam (FOB) - 2022
In 2022, the average washing and drying machine export price amounted to $203 per unit, remaining relatively unchanged against the previous year. In general, the export price showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs at $242 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($4.6 per unit) and South Korea ($4 per unit), while the average price for exports to Singapore ($3.4 per unit) and New Zealand ($3.4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-2.7%), while the prices for the other major destinations experienced a decline.
Imports of Washing and Drying Machine in Vietnam
Washing and drying machine imports into Vietnam dropped to 761K units in 2022, with a decrease of -5.3% against the year before. In general, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs at 839K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, washing and drying machine imports dropped modestly to $151M in 2022. Over the period under review, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 2.5%. Imports peaked at $163M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Washing and Drying Machine in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 118 | 91.7 | 82.3 | 87.8 | -9.4% |
| China | 32.9 | 43.6 | 48.2 | 44.9 | 10.9% |
| Turkey | 2.1 | 1.6 | 4.1 | 4.0 | 24.0% |
| Indonesia | 1.2 | 4.7 | 3.0 | 2.8 | 32.6% |
| Others | 8.3 | 7.7 | 15.5 | 11.7 | 12.1% |
| Total | 163 | 149 | 153 | 151 | -2.5% |
Top Suppliers of Washing and Drying Machine to Vietnam in 2022:
- Thailand (25.3M units)
- China (11.4M units)
- Turkey (1.0M units)
- Indonesia (0.8M units)
Exports of Washing and Drying Machine in Vietnam
In 2022, the amount of household washing and drying machines exported from Vietnam amounted to 538K units, with an increase of 7.6% compared with the year before. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 12%. As a result, the exports reached the peak of 576K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, washing and drying machine exports expanded notably to $109M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 9.6%. As a result, the exports reached the peak of $116M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Washing and Drying Machine in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 19.6 | 22.9 | 23.0 | 21.6 | 3.3% |
| Philippines | 14.0 | 11.6 | 19.5 | 18.2 | 9.1% |
| Indonesia | 16.8 | 14.0 | 12.1 | 13.0 | -8.2% |
| Australia | 17.0 | 14.9 | 8.1 | 12.1 | -10.7% |
| Malaysia | 6.2 | 4.6 | 7.6 | 6.9 | 3.6% |
| United Arab Emirates | 3.2 | 7.2 | 4.4 | 4.8 | 14.5% |
| Thailand | 8.4 | 4.3 | 3.3 | 4.8 | -17.0% |
| South Korea | 0.1 | 13.6 | N/A | 4.1 | 244.8% |
| New Zealand | 2.4 | 3.2 | 3.4 | 3.2 | 10.1% |
| Singapore | 3.5 | 3.2 | 3.3 | 3.1 | -4.0% |
| Chile | 0.9 | 1.2 | 2.9 | 2.7 | 44.2% |
| Cambodia | 2.4 | 1.4 | 1.6 | 1.6 | -12.6% |
| Others | 11.5 | 14.2 | 12.3 | 12.5 | 2.8% |
| Total | 106 | 116 | 102 | 109 | 0.9% |
Top Export Markets for Washing and Drying Machine from Vietnam in 2022:
- India (6.3M units)
- Philippines (5.3M units)
- Indonesia (3.6M units)
- Australia (3.3M units)
- Malaysia (2.0M units)
- Thailand (1.4M units)
- United Arab Emirates (1.0M units)
- South Korea (1.0M units)
- Singapore (0.9M units)
- New Zealand (0.9M units)
- Chile (0.8M units)
- Cambodia (0.5M units)
This report provides an in-depth analysis of the market for washing and drying machine 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 27511300 - Cloth washing and drying machines, of the household type
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
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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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China continued its dominance in the global household washing and drying machines trade. In 2014, China exported X million units of household washing and drying machines totaling X million USD, X% over the previous year. Its primary trading partne
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In value terms, dish washing machines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
843
In value terms, dish washing machines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend patter...
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Global washing machine imports totaled X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
