Report Update: May 1, 2024

Vietnam - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights

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Shaft Coupling Price in Vietnam - 2021

Shaft Coupling Price in Vietnam (CIF) - 2022

The average shaft coupling import price stood at $29,729 per ton in 2022, approximately equating the previous year. In general, the import price recorded a slight descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 14%. The import price peaked at $34,856 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($30,962 per ton) and Japan ($30,528 per ton), while the price for Thailand ($28,170 per ton) and Germany ($28,455 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.5%), while the prices for the other major suppliers experienced a decline.

Shaft Coupling Price in Vietnam (FOB) - 2022

The average shaft coupling export price stood at $33,775 per ton in 2022, growing by 2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 34%. As a result, the export price reached the peak level of $39,240 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($35,364 per ton) and Italy ($34,322 per ton), while the average price for exports to Taiwan (Chinese) ($33,621 per ton) and the United States ($33,622 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Shaft Coupling Imports in Vietnam

In 2022, imports of clutches and shaft couplings into Vietnam declined modestly to 1.1K tons, waning by -3.4% against the previous year's figure. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 7.2% against the previous year.

In value terms, shaft coupling imports fell slightly to $33M in 2022. Over the period under review, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.4%.

Import of Shaft Coupling in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.0	18.0	18.8	17.1	-3.5%
Japan	4.4	4.2	6.7	6.1	11.5%
Germany	3.3	2.4	1.8	2.2	-12.6%
United States	1.4	1.2	0.7	1.0	-10.6%
Thailand	1.8	1.0	0.7	1.0	-17.8%
Italy	1.0	0.6	1.0	0.9	-3.5%
South Korea	1.0	0.9	1.0	0.9	-3.5%
Taiwan (Chinese)	0.6	0.9	0.8	0.7	5.3%
Others	2.1	2.0	2.3	2.5	6.0%
Total	34.7	31.2	33.9	32.5	-2.2%

Top Suppliers of Shaft Coupling to Vietnam in 2022:

China (575.6 tons)
Japan (200.9 tons)
Germany (79.0 tons)
Thailand (36.4 tons)
United States (34.9 tons)
South Korea (30.9 tons)
Italy (29.1 tons)
Taiwan (Chinese) (23.8 tons)

Shaft Coupling Exports in Vietnam

Shaft coupling exports from Vietnam contracted to 84 tons in 2022, waning by -12.3% compared with the previous year. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, the exports attained the peak of 96 tons, and then fell in the following year.

In value terms, shaft coupling exports dropped to $2.8M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $3.2M, and then reduced in the following year.

Export of Shaft Coupling in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	940	284	1,313	1,347	12.7%
Japan	1,039	571	515	719	-11.5%
Malaysia	44.9	15.8	241	247	76.5%
Italy	213	208	52.8	160	-9.1%
Indonesia	53.0	43.7	152	156	43.3%
Taiwan (Chinese)	38.5	24.9	66.6	68.4	21.1%
Germany	0.6	1.2	56.6	58.1	359.2%
Canada	N/A	1,182	299	N/A	-74.7%
Others	127	202	468	92.7	-10.0%
Total	2,456	2,533	3,162	2,848	5.1%

Top Export Markets for Shaft Coupling from Vietnam in 2022:

United States (40.1 tons)
Japan (21.2 tons)
Malaysia (7.3 tons)
Italy (4.7 tons)
Indonesia (4.6 tons)
Taiwan (Chinese) (2.0 tons)
Germany (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shaft coupling 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 28152600 - Clutches and shaft couplings (including universal joints)

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023