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Store → Textiles, Apparel And Leather Goods → Wearing Apparel → Belts And Bandoliers
Report Vietnam - Belts and Bandoliers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Vietnam - Belts and Bandoliers - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Belt And Bandolier Market 2023

Belt And Bandolier Market Size in Vietnam

The Vietnamese belt and bandolier market contracted to $X in 2021, falling by -4.1% against the previous year. In general, consumption saw a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Belt And Bandolier Production in Vietnam

In value terms, belt and bandolier production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by 7.1% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Belt And Bandolier Exports

Exports from Vietnam

For the sixth year in a row, Vietnam recorded growth in overseas shipments of belts and bandoliers, which increased by 5.6% to X units in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 54%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, belt and bandolier exports rose sharply to $X in 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 86% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for belt and bandolier exports from Vietnam, with a 56% share of total exports. Moreover, belt and bandolier exports to the United States exceeded the volume sent to the second major destination, Italy (X units), sixfold. China (X units) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +35.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+45.2% per year) and China (+88.4% per year).

In value terms, the United States ($X) remains the key foreign market for belt and bandolier exports from Vietnam, comprising 54% of total exports. The second position in the ranking was taken by China ($X), with a 9.6% share of total exports. It was followed by Germany, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +43.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+102.7% per year) and Germany (+16.3% per year).

Export Prices by Country

In 2021, the average belt and bandolier export price amounted to $X per unit, growing by 8.3% against the previous year. Over the period under review, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 34% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Belt And Bandolier Imports

Imports into Vietnam

In 2021, after four years of growth, there was decline in supplies from abroad of belts and bandoliers, when their volume decreased by -1.4% to X units. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 64%. Imports peaked at X units in 2020, and then dropped modestly in the following year.

In value terms, belt and bandolier imports dropped to $X in 2021. Overall, imports saw a slight reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 83%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest belt and bandolier supplier to Vietnam, accounting for a 65% share of total imports. Moreover, belt and bandolier imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. The third position in this ranking was held by Italy (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+7.7% per year) and Italy (+4.1% per year).

In value terms, China ($X) constituted the largest supplier of belt and bandolier to Vietnam, comprising 70% of total imports. The second position in the ranking was taken by Spain ($X), with an 11% share of total imports. It was followed by Italy, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+3.9% per year) and Italy (+0.4% per year).

Import Prices by Country

The average belt and bandolier import price stood at $X per unit in 2021, dropping by -10.3% against the previous year. In general, the import price showed a mild descent. The growth pace was the most rapid in 2016 an increase of 27%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from China ($X per unit) and France ($X per unit), while the price for Hong Kong SAR ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for belts and bandoliers in the world?
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The countries with the highest volumes of consumption in 2021 were China, Italy and the United States, with a combined 38% share of global consumption. These countries were followed by Brazil, Turkey, India, Spain, Nigeria, Pakistan, Bangladesh, Indonesia and Germany, which together accounted for a further 26%.
What are the largest producers of belts and bandoliers in the world?
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The countries with the highest volumes of production in 2021 were China, Italy and India, together accounting for 44% of global production. These countries were followed by Turkey, Brazil, the United States, Spain, Pakistan, Bangladesh and Nigeria, which together accounted for a further 23%.
What are the leading suppliers of belts and bandoliers to Vietnam?
+
In value terms, China constituted the largest supplier of belt and bandolier to Vietnam, comprising 70% of total imports. The second position in the ranking was taken by Spain, with an 11% share of total imports. It was followed by Italy, with a 9.6% share.
What are the leading importers of belts and bandoliers from Vietnam?
+
In value terms, the United States remains the key foreign market for belt and bandolier exports from Vietnam, comprising 54% of total exports. The second position in the ranking was taken by China, with a 9.6% share of total exports. It was followed by Germany, with a 6.7% share.
What is the average export price for belts and bandoliers in Vietnam?
+
The average belt and bandolier export price stood at $90 per unit in 2021, with an increase of 8.3% against the previous year.
What is the average import price for belts and bandoliers in Vietnam?
+
In 2021, the average belt and bandolier import price amounted to $34 per unit, waning by -10.3% against the previous year.

This report provides an in-depth analysis of the belt and bandolier 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 14193180 - Belts and bandoliers, of leather or composition leather
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:
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

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 PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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