Vietnam: Market for Medical, Surgical or Laboratory Sterilizers 2024

Market Size for Medical, Surgical or Laboratory Sterilizers in Vietnam

The Vietnamese medical or laboratory sterilizer market contracted remarkably to $X in 2022, 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, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Medical, Surgical or Laboratory Sterilizers

Exports from Vietnam

In 2022, the amount of medical, surgical or laboratory sterilizers exported from Vietnam skyrocketed to X units, growing by X% compared with the previous year. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, medical or laboratory sterilizer exports surged to $X in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Japan (X units) was the main destination for medical or laboratory sterilizer exports from Vietnam, with a X% share of total exports. Moreover, medical or laboratory sterilizer exports to Japan exceeded the volume sent to the second major destination, Colombia (X units), fourfold. The third position in this ranking was held by Cambodia (X units), with a X% share.

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

In value terms, Japan ($X) emerged as the key foreign market for medical, surgical or laboratory sterilizers exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

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

Export Prices by Country

The average medical or laboratory sterilizer export price stood at $X per unit in 2022, flattening at the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Colombia ($X per unit) and Japan ($X per unit), while the average price for exports to Cambodia ($X per unit) and India ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Medical, Surgical or Laboratory Sterilizers

Imports into Vietnam

In 2022, purchases abroad of medical, surgical or laboratory sterilizers decreased by X% to X units, falling for the fifth year in a row after two years of growth. Overall, imports, however, saw modest growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, medical or laboratory sterilizer imports shrank significantly to $X in 2022. In general, total imports indicated a mild expansion from 2012 to 2022: its value 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 decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of medical or laboratory sterilizer to Vietnam, accounting for a X% share of total imports. Moreover, medical or laboratory sterilizer imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was taken by Japan (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of medical, surgical or laboratory sterilizers to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

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

Import Prices by Country

The average medical or laboratory sterilizer import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per unit) and the United States ($X per unit), while the price for Germany ($X per unit) and Japan ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :