Latest Report Update: Sep 10, 2021

Vietnam - Household Washing And Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Vietnam: Washing Machine Market Overview 2021

Webinar: Global Lithium Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Thursday, September 30th, 2021 @ 10:00 am ET

Register Now

Washing Machine Market Size in Vietnam

The Vietnamese washing machine market skyrocketed to $X in 2020, surging by X% against the previous year. Overall, consumption saw a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Washing machine consumption peaked in 2020 and is likely to see gradual growth in the near future.

Washing Machine Production in Vietnam

In value terms, washing machine production skyrocketed to $X in 2020 estimated in export prices. In general, production saw strong growth. The pace of growth was the most pronounced in 2011 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to see steady growth in the immediate term.

Washing Machine Exports

Exports from Vietnam

In 2020, shipments abroad of household washing and drying machines decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then reduced in the following year.

In value terms, washing machine exports reached $X in 2020. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in years to come.

Exports by Country

India (X tonnes), Australia (X tonnes) and Indonesia (X tonnes) were the main destinations of washing machine exports from Viet Nam, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Australia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for washing machine exported from Viet Nam were India ($X), Australia ($X) and Indonesia ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Australia (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average washing machine export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2020, the countries with the highest prices were Singapore ($X per tonne) and South Korea ($X per tonne), while the average price for exports to India ($X per tonne) and the United Arab Emirates ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Washing Machine Imports

Imports into Vietnam

In 2020, supplies from abroad of household washing and drying machines decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, recorded a temperate increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. from 2011 to 2020, the growth imports remained at a lower figure.

In value terms, washing machine imports plummeted to $X in 2020. In general, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Thailand (X tonnes) constituted the largest washing machine supplier to Viet Nam, accounting for a X% share of total imports. Moreover, washing machine imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold.

From 2007 to 2020, the average annual growth rate of volume from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Indonesia (+X% per year).

In value terms, Thailand ($X) constituted the largest supplier of washing machine to Viet Nam, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Thailand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2020, the average washing machine import price amounted to $X per tonne, waning by -X% against the previous year. In general, import price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, washing machine import price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Thailand ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household washing and drying machines in the world?
+
China (78K tonnes) constituted the country with the largest volume of washing machine consumption, accounting for 38% of total volume. Moreover, washing machine consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (16K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (11K tonnes), with a 5.2% share.
What are the largest producers of household washing and drying machines in the world?
+
The country with the largest volume of washing machine production was China (101K tonnes), accounting for 49% of total volume. Moreover, washing machine production in China exceeded the figures recorded by the second-largest producer, the U.S. (14K tonnes), sevenfold. Turkey (13K tonnes) ranked third in terms of total production with a 6.5% share.
What are the leading suppliers of household washing and drying machines to Vietnam?
+
In value terms, Thailand ($92M) constituted the largest supplier of washing machine to Viet Nam, comprising 72% of total imports. The second position in the ranking was occupied by China ($37M), with a 29% share of total imports.
What are the leading importers of household washing and drying machines from Vietnam?
+
In value terms, India ($23M), Australia ($15M) and Indonesia ($14M) appeared to be the largest markets for washing machine exported from Viet Nam worldwide, together comprising 48% of total exports.
What is the average export price for household washing and drying machines in Vietnam?
+
In 2020, the average washing machine export price amounted to $251,623 per tonne, growing by 19% against the previous year.
What is the average import price for household washing and drying machines in Vietnam?
+
The average washing machine import price stood at $191,072 per tonne in 2020, dropping by -4.5% against the previous year.

Product coverage:
• Prodcom 27511300 - Cloth washing and drying machines, of the household type

This report provides an in-depth analysis of the washing machine 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 2025.


Country coverage:
• Viet Nam

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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Lithium Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 10:00 am ET


Register

Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global recovered paper market.



Thursday, October 7th, 2021 @ 10:00 am ET


Register

Webinar: Global Biomass Market - Statistics, Regulation, and Outlook



Join our live webinar to get insights into the global biomass market.



Thursday, October 14th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data