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Vietnam - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Overview of the Market for Machine-Tools For Working Any Material By Removal Of Material 2021

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Vietnam

The Vietnamese machine-tool for removing material market dropped notably to $X in 2020, reducing 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). Over the period under review, consumption showed a buoyant increase. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Vietnam

In 2020, after five years of growth, there was significant decline in shipments abroad of machine-tools for working any material by removal of material, when their volume decreased by -X% to X units. In general, exports, however, recorded resilient growth. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X units in 2019, and then contracted rapidly in the following year.

In value terms, machine-tool for removing material exports contracted markedly to $X in 2020. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

South Korea (X units), Mexico (X units) and Malaysia (X units) were the main destinations of machine-tool for removing material exports from Viet Nam, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Malaysia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine-tool for removing material exported from Viet Nam were Hong Kong SAR ($X), Malaysia ($X) and South Korea ($X), with a combined X% share of total exports.

Malaysia (+X% per year) saw the highest rates of growth with regard to 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 2020, the average machine-tool for removing material export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price enjoyed a buoyant increase. The export price peaked at $X per unit in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Croatia ($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 Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Vietnam

In 2020, approx. X units of machine-tools for working any material by removal of material were imported into Viet Nam; waning by -X% on the previous year's figure. Overall, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2019, and then contracted in the following year.

In value terms, machine-tool for removing material imports contracted dramatically to $X in 2020. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X units), South Korea (X units) and Japan (X units) were the main suppliers of machine-tool for removing material imports to Viet Nam, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for removing material suppliers to Viet Nam were China ($X), South Korea ($X) and Japan ($X), together accounting for X% of total imports.

Among the main suppliers, South Korea recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average machine-tool for removing material import price stood at $X per unit in 2020, waning by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, 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 machine-tools for working any material by removal of material in the world?
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The U.S. (200K units) remains the largest machine-tool for removing material consuming country worldwide, comprising approx. 22% of total volume. Moreover, machine-tool for removing material consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China (91K units), twofold. Japan (87K units) ranked third in terms of total consumption with a 9.5% share.
What are the largest producers of machine-tools for working any material by removal of material in the world?
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Germany (1.4M units) remains the largest machine-tool for removing material producing country worldwide, accounting for 57% of total volume. Moreover, machine-tool for removing material production in Germany exceeded the figures recorded by the second-largest producer, China (279K units), fivefold. The third position in this ranking was occupied by Singapore (117K units), with a 4.8% share.
What are the leading suppliers of machine-tools for working any material by removal of material to Vietnam?
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In value terms, the largest machine-tool for removing material suppliers to Viet Nam were China ($64M), South Korea ($59M) and Japan ($9.8M), with a combined 85% share of total imports.
What are the leading importers of machine-tools for working any material by removal of material from Vietnam?
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In value terms, Hong Kong SAR ($132K), Malaysia ($109K) and South Korea ($65K) constituted the largest markets for machine-tool for removing material exported from Viet Nam worldwide, together comprising 70% of total exports.
What is the average export price for machine-tools for working any material by removal of material in Vietnam?
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The average machine-tool for removing material export price stood at $8,611 per unit in 2020, rising by 122% against the previous year.
What is the average import price for machine-tools for working any material by removal of material in Vietnam?
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In 2020, the average machine-tool for removing material import price amounted to $9,391 per unit, falling by -34.8% against the previous year.

Product coverage:
• Prodcom 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
• Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
• Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
• Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes

This report provides an in-depth analysis of the market for machine-tool for removing material 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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