Vietnam - Table Knives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTable Knife Price in Vietnam - 2021
Contents:
- Table Knife Price in Vietnam (FOB) - 2022
- Table Knife Price in Vietnam (CIF) - 2022
- Table Knife Exports in Vietnam
- Table Knife Imports in Vietnam
Table Knife Price in Vietnam (FOB) - 2022
In 2022, the average table knife export price amounted to $3.7 per unit, growing by 24% against the previous year. Overall, the export price, however, recorded a noticeable setback. Over the period under review, the average export prices reached the maximum at $5.8 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($4.9 per unit) and Italy ($4.3 per unit), while the average price for exports to Canada ($3.3 per unit) and the Netherlands ($3.3 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 the United Arab Emirates (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Table Knife Price in Vietnam (CIF) - 2022
In 2022, the average table knife import price amounted to $2.5 per unit, with a decrease of -7.3% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 15% against the previous year. The import price peaked at $4.5 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($2.7 per unit) and Portugal ($2.6 per unit), while the price for Germany ($2.3 per unit) and Thailand ($2.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.2%), while the prices for the other major suppliers experienced a decline.
Table Knife Exports in Vietnam
In 2022, table knife exports from Vietnam declined significantly to 4.3M units, dropping by -23.4% compared with 2021. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 88% against the previous year. As a result, the exports attained the peak of 5.6M units, and then declined rapidly in the following year.
In value terms, table knife exports contracted modestly to $16M in 2022. In general, exports recorded a deep setback. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year. The exports peaked at $26M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Table Knife in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.0 | 5.2 | 5.2 | 5.0 | -14.5% |
United States | 3.8 | 2.5 | 3.3 | 2.7 | -10.8% |
Italy | 2.6 | 1.3 | 1.3 | 1.4 | -18.6% |
United Kingdom | 2.0 | 0.9 | 1.3 | 1.2 | -15.7% |
Netherlands | 0.7 | 0.5 | 0.8 | 0.6 | -5.0% |
France | 1.0 | 0.6 | 0.8 | 0.6 | -15.7% |
Russia | 0.8 | 0.4 | 0.4 | 0.5 | -14.5% |
Canada | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
United Arab Emirates | 0.9 | 0.2 | 0.3 | 0.4 | -23.7% |
China | 0.4 | 0.3 | 0.5 | 0.4 | 0.0% |
Belgium | 0.7 | 0.4 | 0.5 | 0.4 | -17.0% |
Spain | 0.8 | 0.5 | 0.3 | 0.4 | -20.6% |
Australia | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
Others | 3.0 | 1.6 | 1.2 | 1.5 | -20.6% |
Total | 25.5 | 15.2 | 16.8 | 16.0 | -14.4% |
Top Export Markets for Table Knife from Vietnam in 2022:
- Germany (1296.5K units)
- United States (818.8K units)
- United Kingdom (336.4K units)
- Italy (332.9K units)
- France (194.3K units)
- Netherlands (192.4K units)
- Canada (135.4K units)
- Belgium (130.2K units)
- China (114.1K units)
- Russia (109.9K units)
- United Arab Emirates (108.6K units)
- Australia (94.0K units)
- Spain (88.1K units)
Table Knife Imports in Vietnam
In 2022, the amount of table knives imported into Vietnam surged to 475K units, growing by 16% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 540K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, table knife imports expanded sharply to $1.2M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Table Knife in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 474 | 541 | 44.9 | 459 | -1.1% |
China | 191 | 417 | 631 | 357 | 23.2% |
Portugal | 70.6 | 62.5 | 172 | 97.5 | 11.4% |
Japan | 68.4 | 135 | 59.1 | 88.4 | 8.9% |
Germany | 63.1 | 7.1 | 27.9 | 50.9 | -6.9% |
Taiwan (Chinese) | 47.4 | 75.2 | 3.4 | 50.3 | 2.0% |
South Korea | 10.8 | 2.6 | 60.9 | 34.5 | 47.3% |
Italy | 19.8 | 7.8 | 37.5 | 22.6 | 4.5% |
Brazil | 128 | N/A | N/A | N/A | 0% |
Others | 9.1 | 13.0 | 64.9 | 21.2 | 32.6% |
Total | 1,082 | 1,261 | 1,101 | 1,181 | 3.0% |
Top Suppliers of Table Knife to Vietnam in 2022:
- Thailand (195.6K units)
- China (132.5K units)
- Portugal (37.9K units)
- Japan (36.0K units)
- Germany (22.2K units)
- Taiwan (Chinese) (21.2K units)
- South Korea (14.0K units)
- Italy (9.2K units)
This report provides an in-depth analysis of the table knife 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 25711120 - Table knives having fixed blades of base metal, including handles (excluding butter knives and fish knives)
- Prodcom 25711115 -
- Prodcom 25711130 -
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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