Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Vietnam - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Vietnam (CIF) - 2022
2. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Vietnam

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Vietnam (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,877 per unit in 2022, rising by 6.4% against the previous year. Overall, the import price posted a measured expansion. The growth pace was the most rapid in 2015 an increase of 50%. The import price peaked at $2,200 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,909 per unit), while the price for South Korea ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Vietnam

In 2022, approx. 41 units of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses were imported into Vietnam; waning by -50% compared with the year before. Overall, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 141%. Imports peaked at 119 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses dropped significantly to $77K in 2022. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 241% against the previous year. As a result, imports reached the peak of $145K, and then plummeted in the following year.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Vietnam in 2022:

1. Singapore (23.0 units)
2. China (7.0 units)
3. Israel (2.0 units)
4. Japan (2.0 units)
5. Italy (1.0 units)
6. Taiwan (Chinese) (1.0 units)
7. India (1.0 units)
8. United States (1.0 units)
9. Malaysia (1.0 units)
10. Thailand (1.0 units)
11. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform