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Vietnam - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Overview of the Market for Lathes For Removing Metal 2021

Market Size for Lathes For Removing Metal in Vietnam

In 2020, after six years of growth, there was significant decline in the Vietnamese lathe for removing metal market, when its value decreased by -X% to $X. Overall, consumption, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Lathe for removing metal consumption peaked at $X in 2019, and then shrank markedly in the following year.

Exports of Lathes For Removing Metal

Exports from Vietnam

In 2020, approx. X units of lathes for removing metal were exported from Viet Nam; waning by -X% compared with 2019. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked at X units in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, lathe for removing metal exports totaled $X in 2020. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, lafor removing metal exports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Hong Kong SAR (X units) was the main destination for lathe for removing metal exports from Viet Nam, with a X% share of total exports. Moreover, lathe for removing metal exports to Hong Kong SAR exceeded the volume sent to the second major destination, Cambodia (X units), threefold. The third position in this ranking was occupied by South Korea (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and South Korea (+X% per year).

In value terms, the largest markets for lathe for removing metal exported from Viet Nam were Hong Kong SAR ($X), South Korea ($X) and Thailand ($X), with a combined X% share of total exports. These countries were followed by the Philippines, the United Arab Emirates, Japan, Taiwan (Chinese), India, Lao People's Democratic Republic, Cambodia, Canada and Malaysia, which together accounted for a further X the main countries of destination, Canada recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average lathe for removing metal export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price saw a resilient expansion. The growth pace was the most rapid in 2019 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports into Vietnam

In 2020, after two years of growth, there was significant decline in purchases abroad of lathes for removing metal, when their volume decreased by -X% to X units. Over the period under review, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at X units in 2019, and then shrank notably in the following year.

In value terms, lathe for removing metal imports shrank notably to $X in 2020. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2019, and then fell notably in the following year.

Imports by Country

South Korea (X units), Japan (X units) and Taiwan (Chinese) (X units) were the main suppliers of lathe for removing metal imports to Viet Nam, together accounting for X% of total imports. These countries were followed by China, the UK, Singapore and Spain, which together accounted for a further X 2007 to 2020, the biggest increases were in the UK (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and Taiwan (Chinese) ($X) were the largest lathe for removing metal suppliers to Viet Nam, together comprising X% of total imports. China, the UK, Singapore and Spain lagged somewhat behind, together accounting for a further X UK saw the highest rates of growth with regard to the value of imports, in terms of 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 lathe for removing metal import price stood at $X per unit in 2020, rising by X% against the previous year. In general, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lathes for removing metal in the world?
+
The countries with the highest volumes of lathe for removing metal consumption in 2020 were India (73K units), China (59K units) and the U.S. (29K units), together comprising 48% of global consumption. Japan, Pakistan, Germany, France, the United Arab Emirates, Spain, the UK, Mexico, Italy and Russia lagged somewhat behind, together comprising a further 24%.
What are the largest producers of lathes for removing metal in the world?
+
The countries with the highest volumes of lathe for removing metal production in 2020 were India (89K units), China (67K units) and Japan (19K units), together comprising 60% of global production. These countries were followed by the U.S., South Korea, Taiwan (Chinese), France, Pakistan, Germany and the UK, which together accounted for a further 22%.
What are the leading suppliers of lathes for removing metal to Vietnam?
+
In value terms, the largest lathe for removing metal suppliers to Viet Nam were Japan ($11M), South Korea ($9.1M) and Taiwan (Chinese) ($8.7M), with a combined 65% share of total imports. China, the UK, Singapore and Spain lagged somewhat behind, together comprising a further 25%.
What are the leading importers of lathes for removing metal from Vietnam?
+
In value terms, Hong Kong SAR ($517K), South Korea ($461K) and Thailand ($153K) constituted the largest markets for lathe for removing metal exported from Viet Nam worldwide, together comprising 65% of total exports. These countries were followed by the Philippines, the United Arab Emirates, Japan, Taiwan (Chinese), India, Lao People's Democratic Republic, Cambodia, Canada and Malaysia, which together accounted for a further 27%.
What is the average export price for lathes for removing metal in Vietnam?
+
In 2020, the average lathe for removing metal export price amounted to $22,303 per unit, increasing by 19% against the previous year.
What is the average import price for lathes for removing metal in Vietnam?
+
In 2020, the average lathe for removing metal import price amounted to $39,052 per unit, jumping by 30% against the previous year.

Product coverage:
• Prodcom 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
• Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
• Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
• Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
• Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

This report provides an in-depth analysis of the market for lathe for removing metal 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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