Rangefinders Price in Vietnam - 2022

Contents:

  1. Rangefinders Price in Vietnam (CIF) - 2022
  2. Rangefinders Price in Vietnam (FOB) - 2022
  3. Rangefinders Imports in Vietnam
  4. Rangefinders Exports in Vietnam

Rangefinders Price in Vietnam (CIF) - 2022

In 2022, the average rangefinders import price amounted to $220 per unit, growing by 70% against the previous year. In general, the import price, however, recorded a abrupt curtailment. Over the period under review, average import prices hit record highs at $425 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($487 per unit), while the price for Malaysia ($29 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.4%), while the prices for the other major suppliers experienced a decline.

Rangefinders Price in Vietnam (FOB) - 2022

In 2022, the average rangefinders export price amounted to $747 per unit, picking up by 40% against the previous year. In general, the export price, however, showed a slight decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 92%. The export price peaked at $940 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($794 per unit) and South Korea ($748 per unit), while the average price for exports to Singapore ($737 per unit) and Germany ($737 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 South Korea (+2.6%), while the prices for the other major destinations experienced a decline.

Rangefinders Imports in Vietnam

In 2022, the amount of rangefinderses imported into Vietnam surged to 63K units, increasing by 20% against the previous year's figure. In general, imports, however, continue to indicate a sharp downturn. Over the period under review, imports attained the maximum at 184K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rangefinders imports surged to $14M in 2022. Overall, imports, however, showed a precipitous shrinkage. Imports peaked at $37M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Rangefinders in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland5.41.60.99.520.7%
China2.21.73.23.213.3%
Malaysia0.30.30.20.30.0%
ItalyN/AN/A0.20.20.0%
ThailandN/A0.1N/A0.241.4%
Taiwan (Chinese)N/AN/A0.10.10.0%
France26.61.9N/AN/A-92.9%
Singapore0.4N/A0.3N/A-13.4%
Israel0.70.70.8N/A6.9%
Others1.50.31.10.2-48.9%
Total37.16.76.713.7-28.3%

Top Suppliers of Rangefinders to Vietnam in 2022:

  1. Singapore (undefinedK units)
  2. China (24.9K units)
  3. Switzerland (19.5K units)
  4. Malaysia (11.8K units)
  5. Italy (1.8K units)
  6. Taiwan (Chinese) (1.3K units)
  7. Thailand (1.2K units)
  8. France (0.1K units)

Rangefinders Exports in Vietnam

Rangefinders exports from Vietnam rose rapidly to 6.3K units in 2022, growing by 11% on 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 110%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, rangefinders exports skyrocketed to $4.7M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Rangefinders in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore9876605891,78421.8%
United States0.60.48521,3641214.9%
Germany3872896691,27949.0%
South Korea4.30.516.2134214.7%
China573522604N/A2.7%
Others243169274122-20.5%
Total2,1961,6403,0034,68328.7%

Top Export Markets for Rangefinders from Vietnam in 2022:

  1. Singapore (2.4K units)
  2. United States (1.7K units)
  3. Germany (1.7K units)
  4. South Korea (0.2K units)

Source: IndexBox Market Intelligence Platform

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