Vietnam: Seeder And Planter Market 2024

Seeder And Planter Market Size in Vietnam

The Vietnamese seeder and planter market shrank to $X in 2022, reducing by X% against the previous year. In general, the total consumption indicated mild growth 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, consumption increased by X% against 2020 indices. 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.

Seeder And Planter Production in Vietnam

In value terms, seeder and planter production declined to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Seeder And Planter Exports

Exports from Vietnam

In 2018, the amount of seeders, planters, transplanters exported from Vietnam reduced markedly to X units, which is down by X% on the previous year's figure. Over the period under review, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

In value terms, seeder and planter exports dropped notably to $X in 2018. In general, exports, however, continue to indicate a slight expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2018, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X units) was the main destination for seeder and planter exports from Vietnam, accounting for a X% share of total exports. Moreover, seeder and planter exports to Nigeria exceeded the volume sent to the second major destination, the Philippines (X units), sixfold.

From 2012 to 2018, the average annual growth rate of volume to Nigeria totaled X%.

In value terms, Nigeria ($X) emerged as the key foreign market for seeders, planters, transplanters exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of value to Nigeria amounted to X%.

Export Prices by Country

In 2018, the average seeder and planter export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2018, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2018, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to Nigeria amounted to $X per unit.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Seeder And Planter Imports

Imports into Vietnam

Seeder and planter imports into Vietnam surged to X units in 2017, rising by X% against the year before. Overall, imports showed a resilient increase. 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 hit record highs in 2017 and are expected to retain growth in the immediate term.

In value terms, seeder and planter imports skyrocketed to $X in 2017. In general, total imports indicated resilient growth from 2012 to 2017: its value increased at an average annual rate of X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, imports decreased by X% against 2014 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2017, imports failed to regain momentum.

Imports by Country

In 2017, China (X units) was the main seeder and planter supplier to Vietnam, accounting for a X% share of total imports. Moreover, seeder and planter imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold.

From 2012 to 2017, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of seeders, planters, transplanters to Vietnam, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports.

From 2012 to 2017, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The average seeder and planter import price stood at $X per unit in 2017, which is down by X% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2017, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2017, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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