Vietnam: Breathing Appliances Market 2024

Breathing Appliances Market Size in Vietnam

The Vietnamese breathing appliances market fell significantly to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a slight expansion. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Breathing Appliances Exports

Exports from Vietnam

In 2022, approx. X units of breathing appliances and gas masks were exported from Vietnam; jumping by X% on the previous year's figure. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, breathing appliances exports soared to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for breathing appliances exports from Vietnam, with a X% share of total exports. Moreover, breathing appliances exports to the United States exceeded the volume sent to the second major destination, Cambodia (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) remains the key foreign market for breathing appliances and gas masks exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, breathing appliances export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per unit) and Cambodia ($X per unit), while the average price for exports to China ($X per unit) and the Netherlands ($X 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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Breathing Appliances Imports

Imports into Vietnam

After two years of growth, supplies from abroad of breathing appliances and gas masks decreased by X% to X units in 2022. In general, imports saw a slight decline. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then fell rapidly in the following year.

In value terms, breathing appliances imports contracted remarkably to $X in 2022. Overall, imports, however, showed a measured increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

South Korea (X units), China (X units) and the United States (X units) were the main suppliers of breathing appliances imports to Vietnam, with a combined X% share of total imports. Singapore, Taiwan (Chinese), Germany, Japan, Poland, Turkey, Canada, the UK and Bulgaria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest breathing appliances suppliers to Vietnam were South Korea ($X), China ($X) and the United States ($X), together comprising X% of total imports. Singapore, Taiwan (Chinese), Germany, Japan, Poland, Turkey, Canada, the UK and Bulgaria lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average breathing appliances import price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, breathing appliances import price increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per unit) and Singapore ($X per unit), while the price for Bulgaria ($X per unit) and Canada ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :