Vietnam: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Vietnam

In 2022, the Vietnamese digital data processing machine market increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption, however, saw a strong expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Vietnam

In 2022, shipments abroad of digital data processing machines: presented in the form of systems was finally on the rise to reach X units after four years of decline. Overall, exports, however, saw a abrupt decline. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, digital data processing machine exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units), Cambodia (X units) and Mozambique (X units) were the main destinations of digital data processing machine exports from Vietnam, with a combined X% share of total exports.

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

In value terms, Russia ($X), Cambodia ($X) and Mozambique ($X) constituted the largest markets for digital data processing machine exported from Vietnam worldwide, with a combined X% share of total exports.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average digital data processing machine export price amounted to $X per unit, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lao People's Democratic Republic ($X per unit) and Peru ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) and Tanzania ($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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Vietnam

In 2022, after three years of growth, there was significant decline in supplies from abroad of digital data processing machines: presented in the form of systems, when their volume decreased by X% to X units. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X units in 2021, and then contracted in the following year.

In value terms, digital data processing machine imports expanded remarkably to $X in 2022. In general, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Malaysia (X units) constituted the largest digital data processing machine supplier to Vietnam, accounting for a X% share of total imports. Moreover, digital data processing machine imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Singapore (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Singapore (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of digital data processing machines: presented in the form of systems to Vietnam, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average digital data processing machine import price amounted to $X per unit, rising 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, digital data processing machine import price increased by X% against 2012 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($X per unit) and China ($X per unit), while the price for South Korea ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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