Vietnam - Draw-Benches For Bars, Tubes, Profiles, Wire Or The Like - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBar Draw-Bench Price in Vietnam - 2021
Contents:
- Bar Draw-Bench Price in Vietnam (CIF) - 2022
- Bar Draw-Bench Price in Vietnam (FOB) - 2022
- Bar Draw-Bench Imports in Vietnam
- Bar Draw-Bench Exports in Vietnam
Bar Draw-Bench Price in Vietnam (CIF) - 2022
The average bar draw-bench import price stood at $42,862 per unit in 2022, picking up by 17% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bar draw-bench import price decreased by -12.8% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by 37%. Over the period under review, average import prices attained the peak figure at $49,164 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($52,737 per unit) and Italy ($46,674 per unit), while the price for China ($39,189 per unit) and Taiwan (Chinese) ($39,905 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Bar Draw-Bench Price in Vietnam (FOB) - 2022
In 2022, the average bar draw-bench export price amounted to $40,814 per unit, rising by 23% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bar draw-bench export price decreased by -11.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 92% against the previous year. The export price peaked at $46,320 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($65,599 per unit), while the average price for exports to the Philippines ($8,881 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 South Korea (+104.7%), while the prices for the other major destinations experienced more modest paces of growth.
Bar Draw-Bench Imports in Vietnam
In 2022, supplies from abroad of draw-benches for bars, tubes, profiles, wire or the like was finally on the rise to reach 329 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt descent. Imports peaked at 565 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bar draw-bench imports soared to $14M in 2022. In general, imports, however, showed a deep reduction. Over the period under review, imports reached the peak figure at $22M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Bar Draw-Bench in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.5 | 5.3 | 6.4 | 6.3 | -15.7% |
| Germany | 0.7 | 4.5 | 3.3 | 3.3 | 67.7% |
| South Korea | 3.6 | 0.8 | 1.1 | 1.4 | -27.0% |
| Japan | 3.9 | 1.5 | 0.2 | 1.3 | -30.7% |
| Taiwan (Chinese) | 0.9 | 1.8 | 0.9 | 1.0 | 3.6% |
| Italy | 1.1 | 2.2 | N/A | 0.8 | -10.1% |
| United States | 1.0 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 21.8 | 16.2 | 12.0 | 14.1 | -13.5% |
Top Suppliers of Bar Draw-Bench to Vietnam in 2022:
- China (161.0 units)
- Germany (62.0 units)
- South Korea (33.0 units)
- Japan (30.0 units)
- Taiwan (Chinese) (24.0 units)
- Italy (17.0 units)
Bar Draw-Bench Exports in Vietnam
Bar draw-bench exports from Vietnam skyrocketed to 6 units in 2022, jumping by 20% on 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at 7 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, bar draw-bench exports surged to $245K in 2022. Overall, exports, however, saw a slight descent. Over the period under review, the exports attained the peak figure at $324K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Bar Draw-Bench in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 232 | 228 | 28.2 | 170 | -9.8% |
| China | 7.0 | 63.7 | 45.0 | 65.6 | 110.8% |
| Philippines | 17.7 | 3.9 | 3.0 | 8.9 | -20.5% |
| South Korea | N/A | 26.6 | 84.5 | N/A | 217.7% |
| Sri Lanka | N/A | N/A | 4.9 | N/A | 0% |
| Myanmar | N/A | 2.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 257 | 324 | 166 | 245 | -1.6% |
Top Export Markets for Bar Draw-Bench from Vietnam in 2022:
- Japan (4.0 units)
- Philippines (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the bar draw-bench 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 28413410 - Draw-benches for bars, tubes, profiles, wire or the like of metal, sintered metal carbides or cermets
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:
- 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:
- 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
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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