Latest Report Update: Jan 17, 2020

Vietnam - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Electric Heating Equipment Market Overview 2020

Electric Heating Equipment Market Size in Vietnam

The revenue of the electric heating equipment market in Viet Nam amounted to $X in 2018, remaining constant against the previous year. In general, electric heating equipment consumption, however, continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, the electric heating equipment market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Electric Heating Equipment Production in Vietnam

In value terms, electric heating equipment production amounted to $X in 2018 estimated in export prices. Overall, electric heating equipment production continues to indicate a deep reduction. The pace of growth was the most pronounced in 2010 when production volume increased by X% year-to-year. Electric heating equipment production peaked at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Electric Heating Equipment Exports

Exports from Vietnam

In 2018, the amount of electric space heating apparatus and soil heating apparatus exported from Viet Nam totaled X units, jumping by X% against the previous year. Over the period under review, electric heating equipment exports, however, continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, electric heating equipment exports attained their maximum at X units in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, electric heating equipment exports amounted to $X in 2018. Over the period under review, electric heating equipment exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

Thailand (X units) was the main destination for electric heating equipment exports from Viet Nam, with a X% share of total exports. It was followed by South Africa (X units), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Thailand totaled -X%.

In value terms, Thailand ($X) remains the key foreign market for electric heating equipment exports from Viet Nam, comprising X% of total electric heating equipment exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Thailand totaled +X%.

Export Prices by Country

The average electric heating equipment export price stood at $X per unit in 2018, jumping by X% against the previous year. In general, the electric heating equipment export price continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for electric space heating apparatus and soil heating apparatus attained their maximum in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was South Africa ($X per unit), while the average price for exports to Thailand amounted to $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+X% per year).

Electric Heating Equipment Imports

Imports into Vietnam

Electric heating equipment imports into Viet Nam amounted to X units in 2018, growing by X% against the previous year. Overall, electric heating equipment imports continue to indicate skyrocketing growth. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, electric heating equipment imports totaled $X in 2018. Overall, electric heating equipment imports continue to indicate a resilient increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. In that year, electric heating equipment imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Malaysia (X units) was the main electric heating equipment supplier to Viet Nam, with a X% share of total imports. Moreover, electric heating equipment imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume from Malaysia totaled +X%.

In value terms, the largest electric heating equipment suppliers to Viet Nam were China ($X) and Malaysia ($X), with a combined X% share of total imports.

China experienced the highest rates of growth with regard to market size, among the main suppliers over the period under review.

Import Prices by Country

In 2018, the average electric heating equipment import price amounted to $X per unit, rising by X% against the previous year. Overall, the electric heating equipment import price, however, continues to indicate a sharp downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for electric space heating apparatus and soil heating apparatus attained their maximum at $X per unit in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per unit), while the price for Malaysia stood at $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27512630 - Electric storage heating radiators
• Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
• Prodcom 27512690 - Other electric space heaters

This report provides an in-depth analysis of the electric heating equipment 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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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