Vietnam: Market for Metal Windows And Doors 2024

Market Size for Metal Windows And Doors in Vietnam

The Vietnamese metal window and door market stood at $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Metal Windows And Doors in Vietnam

In value terms, metal window and door production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Metal Windows And Doors

Exports from Vietnam

In 2022, the amount of metal windows and doors exported from Vietnam stood at X tons, with an increase of X% on the year before. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal window and door exports expanded significantly to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for metal window and door exports from Vietnam, with a X% share of total exports. Moreover, metal window and door exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), threefold. Cambodia (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, the United States ($X) remains the key foreign market for metal windows and doors exports from Vietnam, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Cambodia, with an X% share.

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

Export Prices by Country

In 2022, the average metal window and door export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced a decline.

Imports of Metal Windows And Doors

Imports into Vietnam

In 2022, overseas purchases of metal windows and doors increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, metal window and door imports rose slightly to $X in 2022. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal window and door to Vietnam, with a X% share of total imports. Moreover, metal window and door imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold. The third position in this ranking was held by Indonesia (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of metal windows and doors to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

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

Import Prices by Country

The average metal window and door import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and the Netherlands ($X per ton), while the price for Thailand ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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