Vietnam: Non-Domestic Dishwashing Machine Market 2024

Non-Domestic Dishwashing Machine Market Size in Vietnam

After two years of decline, the Vietnamese non-domestic dishwashing machine market increased by X% to $X in 2022. Over the period under review, the total consumption indicated a temperate 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. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Non-Domestic Dishwashing Machine Exports

Exports from Vietnam

After five years of decline, shipments abroad of non-domestic dish-washing machines increased by X% to X units in 2022. Over the period under review, exports showed resilient growth. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-domestic dishwashing machine exports surged to $X in 2022. In general, exports saw resilient growth. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for non-domestic dishwashing machine exports from Vietnam, with a X% share of total exports. Moreover, non-domestic dishwashing machine exports to the United States exceeded the volume sent to the second major destination, Cambodia (X units), fivefold.

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

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: Cambodia (X% per year) and Myanmar (X% per year).

Export Prices by Country

The average non-domestic dishwashing machine export price stood at $X per unit in 2022, approximately equating the previous year. In general, the export price, however, saw a slight setback. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($X per unit), while the average price for exports to Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Domestic Dishwashing Machine Imports

Imports into Vietnam

In 2022, after two years of decline, there was significant growth in supplies from abroad of non-domestic dish-washing machines, when their volume increased by X% to X units. Overall, total imports indicated a perceptible increase from 2012 to 2022: its volume 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. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-domestic dishwashing machine imports skyrocketed to $X in 2022. In general, total imports indicated a moderate increase 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. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), South Korea (X units) and Thailand (X units) were the main suppliers of non-domestic dishwashing machine imports to Vietnam, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic dishwashing machine suppliers to Vietnam were China ($X), South Korea ($X) and Thailand ($X), with a combined X% share of total imports.

Thailand, with a CAGR of X%, recorded the highest growth rate of 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 non-domestic dishwashing machine import price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a mild decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($X per unit) and Japan ($X per unit), while the price for Spain ($X per unit) and Italy ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform