Vietnam - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Boring Machinery Price in Vietnam - 2022
Contents:
- Self-Propelled Boring Machinery Price in Vietnam (CIF) - 2022
- Self-Propelled Boring Machinery Price in Vietnam (FOB) - 2022
- Self-Propelled Boring Machinery Imports in Vietnam
- Self-Propelled Boring Machinery Exports in Vietnam
Self-Propelled Boring Machinery Price in Vietnam (CIF) - 2022
The average self-propelled boring machinery import price stood at $251,519 per unit in 2022, growing by 12% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, self-propelled boring machinery import price decreased by -2.2% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 90% against the previous year. Over the period under review, average import prices hit record highs at $257,265 per unit in 2020; however, from 2021 to 2022, 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 Germany ($350,690 per unit), while the price for Taiwan (Chinese) ($88,954 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Self-Propelled Boring Machinery Price in Vietnam (FOB) - 2022
The average self-propelled boring machinery export price stood at $34,059 per unit in 2022, growing by 115% against the previous year. Over the period under review, the export price showed modest growth. The export price peaked at $70,642 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($102,444 per unit), while the average price for exports to South Korea ($126 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 Malaysia (+67.5%), while the prices for the other major destinations experienced more modest paces of growth.
Self-Propelled Boring Machinery Imports in Vietnam
In 2022, the amount of self-propelled boring or sinking machinery imported into Vietnam shrank notably to 106 units, which is down by -24.8% compared with 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. As a result, imports attained the peak of 141 units, and then fell dramatically in the following year.
In value terms, self-propelled boring machinery imports plummeted to $27M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of $32M, and then reduced dramatically in the following year.
| Import of Self-Propelled Boring Machinery in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 6.0 | 19.1 | 16.3 | 27.8% |
| India | 0.4 | 0.8 | 1.9 | 1.9 | 68.1% |
| Japan | 3.3 | 2.0 | 1.6 | 1.2 | -28.6% |
| Austria | 1.8 | 1.6 | 1.6 | 1.0 | -17.8% |
| France | 0.9 | 1.0 | 1.2 | 0.9 | 0.0% |
| South Korea | 0.9 | 0.3 | 0.6 | 0.8 | -3.9% |
| Finland | 1.5 | 1.5 | 0.9 | 0.7 | -22.4% |
| Germany | 0.9 | 0.8 | 1.0 | 0.7 | -8.0% |
| United States | 1.0 | 4.5 | 1.0 | 0.6 | -15.7% |
| Russia | 0.9 | 0.8 | 0.9 | 0.6 | -12.6% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Singapore | 0.4 | 0.8 | 0.1 | 0.3 | -9.1% |
| Others | 1.7 | 1.1 | 1.5 | 1.2 | -11.0% |
| Total | 21.8 | 21.6 | 31.7 | 26.7 | 7.0% |
Top Suppliers of Self-Propelled Boring Machinery to Vietnam in 2022:
- China (58.0 units)
- India (7.0 units)
- Japan (5.0 units)
- Russia (4.0 units)
- Taiwan (Chinese) (3.0 units)
- France (3.0 units)
- Austria (3.0 units)
- South Korea (3.0 units)
- Singapore (2.0 units)
- Finland (2.0 units)
- United States (2.0 units)
- Germany (2.0 units)
Self-Propelled Boring Machinery Exports in Vietnam
In 2022, after two years of decline, there was significant growth in shipments abroad of self-propelled boring or sinking machinery, when their volume increased by 23% to 16 units. Over the period under review, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports reached the maximum at 21 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, self-propelled boring machinery exports soared to $545K in 2022. Overall, exports, however, saw a dramatic shrinkage. The exports peaked at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Self-Propelled Boring Machinery in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 514 | 292 | 98.5 | 205 | -26.4% |
| Lao People's Democratic Republic | 237 | 216 | 12.9 | 88.9 | -27.9% |
| Malaysia | 324 | 161 | 47.4 | 85.9 | -35.8% |
| India | 3.9 | 5.4 | 4.4 | 55.6 | 142.5% |
| Japan | 109 | 58.1 | 18.4 | 36.0 | -30.9% |
| Philippines | 171 | 90.9 | 12.2 | 13.8 | -56.8% |
| Indonesia | 33.8 | 16.5 | 4.8 | 8.6 | -36.6% |
| Myanmar | 34.7 | 15.4 | 3.2 | 3.7 | -52.6% |
| Hong Kong SAR | 12.8 | 6.2 | 1.8 | 3.1 | -37.7% |
| Angola | 4.1 | 2.7 | 1.0 | 2.5 | -15.2% |
| Singapore | 3.7 | 4.9 | 1.1 | 1.1 | -33.3% |
| Taiwan (Chinese) | 1.9 | 0.9 | 0.2 | 0.4 | -40.5% |
| South Korea | 0.5 | 0.3 | 0.1 | 0.1 | -41.5% |
| Others | 33.0 | 14.1 | N/A | 40.3 | 6.9% |
| Total | 1,483 | 884 | 206 | 545 | -28.4% |
Top Export Markets for Self-Propelled Boring Machinery from Vietnam in 2022:
- Cambodia (2.0 units)
- Lao People's Democratic Republic (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Myanmar (1.0 units)
- Singapore (1.0 units)
- Philippines (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
- Japan (1.0 units)
- Malaysia (1.0 units)
- Angola (1.0 units)
- South Korea (1.0 units)
- Hong Kong SAR (1.0 units)
This report provides an in-depth analysis of the self-propelled boring machinery market 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 28921253 - Self-propelled boring or sinking machinery
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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