Vietnam - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWind Powered Generator Price in Vietnam - 2021
Contents:
- Wind Powered Generator Price in Vietnam (CIF) - 2022
- Wind Powered Generator Price in Vietnam (FOB) - 2022
- Wind Powered Generator Imports in Vietnam
- Wind Powered Generator Exports in Vietnam
Wind Powered Generator Price in Vietnam (CIF) - 2022
The average wind powered generator import price stood at $3,931 per unit in 2022, reducing by -18.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 120% against the previous year. The import price peaked at $37,465 per unit in 2016; however, from 2017 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 China ($8,590 per unit), while the price for Denmark ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced a decline.
Wind Powered Generator Price in Vietnam (FOB) - 2022
In 2022, the average wind powered generator export price amounted to $5,183 per unit, with a decrease of -30.7% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 65%. The export price peaked at $14,290 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($11,823 per unit), while the average price for exports to Canada ($5.8 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 Canada (+48.0%), while the prices for the other major destinations experienced more modest paces of growth.
Wind Powered Generator Imports in Vietnam
In 2022, wind powered generator imports into Vietnam surged to 41K units, with an increase of 85% against the previous year. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 225% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, wind powered generator imports surged to $163M in 2022. In general, imports saw a strong increase. The growth pace was the most rapid in 2020 with an increase of 116% against the previous year. As a result, imports reached the peak of $217M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Wind Powered Generator in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 31.7 | 152 | 79.7 | 134 | 61.7% |
Singapore | N/A | 7.6 | 0.3 | 0.4 | -77.1% |
United Kingdom | 0.3 | 0.4 | N/A | 0.1 | -30.7% |
Finland | N/A | N/A | N/A | N/A | 0% |
Denmark | 0.1 | 0.9 | 0.2 | N/A | 41.4% |
Others | 68.6 | 56.6 | 28.4 | 28.1 | -25.7% |
Total | 101 | 217 | 109 | 163 | 17.3% |
Top Suppliers of Wind Powered Generator to Vietnam in 2022:
- China (15.6K units)
- United Kingdom (11.7K units)
- Denmark (4.7K units)
- Singapore (0.8K units)
Wind Powered Generator Exports in Vietnam
For the fourth consecutive year, Vietnam recorded growth in overseas shipments of wind powered generating sets, which increased by 18% to 1.2K units in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wind powered generator exports contracted significantly to $6.1M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 56%. Over the period under review, the exports hit record highs at $7.4M in 2021, and then fell notably in the following year.
Export of Wind Powered Generator in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 552 | 1,225 | 2,976 | 823 | 14.2% |
Netherlands | N/A | N/A | 25.6 | 663 | 2489.8% |
Turkey | 23.6 | 29.9 | 58.5 | 37.0 | 16.2% |
Mozambique | N/A | N/A | N/A | 14.0 | 0% |
South Korea | 0.1 | 0.6 | 0.5 | 0.6 | 81.7% |
Canada | N/A | N/A | N/A | 0.2 | 0% |
Others | 2,446 | 3,473 | 4,339 | 4,526 | 22.8% |
Total | 3,022 | 4,728 | 7,400 | 6,064 | 26.1% |
Top Export Markets for Wind Powered Generator from Vietnam in 2022:
- Mozambique (696.0 units)
- Netherlands (237.0 units)
- Turkey (139.0 units)
- Chile (70.0 units)
- Canada (28.0 units)
This report provides an in-depth analysis of the wind powered generator 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 28112400 - Generating sets, wind-powered
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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