Report Update Apr 1, 2024

Vietnam - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Way-Type Unit Head Market 2024

Way-Type Unit Head Market Size in Vietnam

The Vietnamese way-type unit head market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Way-Type Unit Head Exports

Exports from Vietnam

In 2021, exports of way-type unit heads for working metal from Vietnam fell markedly to X kg, declining by -74.7% against the previous year's figure. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 957%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, way-type unit head exports reduced rapidly to $X in 2021. In general, exports, however, continue to indicate slight growth. The pace of growth was the most pronounced in 2013 when exports increased by 442% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Ecuador (X kg), Cambodia (X kg) and Malaysia (X kg) were the main destinations of way-type unit head exports from Vietnam, together comprising 55% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of +148.5%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X) emerged as the key foreign market for way-type unit heads for working metal exports from Vietnam, comprising 53% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 10% share of total exports. It was followed by Singapore, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ecuador stood at +240.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+5.3% per year) and Singapore (-14.5% per year).

Export Prices by Country

The average way-type unit head export price stood at $X per ton in 2021, jumping by 73% against the previous year. In general, the export price, however, continues to indicate a perceptible descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+37.0%), while the prices for the other major destinations experienced mixed trend patterns.

Way-Type Unit Head Imports

Imports into Vietnam

In 2021, the amount of way-type unit heads for working metal imported into Vietnam reached X tons, surging by 11% on 2020. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2015 when imports increased by 764% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, way-type unit head imports rose significantly to $X in 2021. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 756%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X tons) constituted the largest supplier of way-type unit head to Vietnam, accounting for a 41% share of total imports. Moreover, way-type unit head imports from Japan exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan amounted to +35.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+41.7% per year) and China (+21.6% per year).

In value terms, the largest way-type unit head suppliers to Vietnam were Japan ($X), Taiwan (Chinese) ($X) and Australia ($X), together accounting for 73% of total imports. These countries were followed by China, Italy, Spain and Singapore, which together accounted for a further 21%.

Spain, with a CAGR of +30.6%, recorded the highest growth rate of the value of imports, among 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 way-type unit head import price stood at $X per ton in 2021, standing approx. at the previous year. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2014 an increase of 18%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for way-type unit heads for working metal in the world?

The countries with the highest volumes of consumption in 2021 were China, the Netherlands and India, with a combined 31% share of global consumption. These countries were followed by the United States, Pakistan, Russia, Nigeria, Japan, Germany, Mexico, Turkey, Ethiopia and the UK, which together accounted for a further 33%.

What are the largest producers of way-type unit heads for working metal in the world?

The Netherlands constituted the country with the largest volume of way-type unit head production, accounting for 25% of total volume. Moreover, way-type unit head production in the Netherlands exceeded the figures recorded by the second-largest producer, China, twofold. India ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of way-type unit heads for working metal to Vietnam?

In value terms, the largest way-type unit head suppliers to Vietnam were Japan, Taiwan Chinese) and Australia, with a combined 73% share of total imports. China, Italy, Spain and Singapore lagged somewhat behind, together accounting for a further 21%.

What are the leading importers of way-type unit heads for working metal from Vietnam?

In value terms, Ecuador emerged as the key foreign market for way-type unit heads for working metal exports from Vietnam, comprising 53% of total exports. The second position in the ranking was taken by Malaysia, with a 10% share of total exports. It was followed by Singapore, with a 9.2% share.

What is the average export price for way-type unit heads for working metal in Vietnam?

The average way-type unit head export price stood at $24,563 per ton in 2021, growing by 73% against the previous year.

What is the average import price for way-type unit heads for working metal in Vietnam?

The average way-type unit head import price stood at $12,114 per ton in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the way-type unit head market 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 2030.

Product coverage:

Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping

Country coverage:

Vietnam

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:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023