Vietnam - Belts And Bandoliers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Vietnam - Belts And Bandoliers - Market Analysis, Forecast, Size, Trends and Insights

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Belt and Bandolier Price in Vietnam - 2022

Contents:

  1. Belt and Bandolier Price in Vietnam (FOB) - 2022
  2. Belt and Bandolier Price in Vietnam (CIF) - 2022
  3. Belt and Bandolier Exports in Vietnam
  4. Belt and Bandolier Imports in Vietnam

Belt and Bandolier Price in Vietnam (FOB) - 2022

In 2022, the average belt and bandolier export price amounted to $25 per unit, with an increase of 6.3% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, belt and bandolier export price increased by +71.3% against 2012 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 14%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($28 per unit), while the average price for exports to South Korea ($17 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 China (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Belt and Bandolier Price in Vietnam (CIF) - 2022

In 2022, the average belt and bandolier import price amounted to $17 per unit, increasing by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2015 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($17 per unit) and Italy ($17 per unit), while the price for Spain ($17 per unit) and South Korea ($17 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Belt and Bandolier Exports in Vietnam

In 2022, overseas shipments of belts and bandoliers decreased by -17% to 805K units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports reached the peak of 1M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, belt and bandolier exports dropped to $20M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $23M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Belt and Bandolier in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.718.017.011.7-2.7%
Italy1.21.82.23.238.7%
Japan1.51.51.01.4-2.3%
Canada0.10.30.71.1122.4%
China0.80.50.90.94.0%
Indonesia0.20.10.10.20.0%
South Korea0.10.20.10.226.0%
Others1.41.00.71.3-2.4%
Total18.123.322.720.13.6%

Top Export Markets for Belt and Bandolier from Vietnam in 2022:

  1. United States (436.2K units)
  2. Italy (113.0K units)
  3. Canada (61.8K units)
  4. Japan (53.4K units)
  5. China (53.2K units)
  6. South Korea (13.6K units)
  7. Indonesia (13.4K units)

Belt and Bandolier Imports in Vietnam

In 2022, the amount of belts and bandoliers imported into Vietnam surged to 659K units, growing by 31% on the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports attained the peak of 710K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, belt and bandolier imports soared to $11M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 52%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Belt and Bandolier in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.47.84.15.517.4%
Spain1.41.21.42.114.5%
Italy1.21.01.11.610.1%
France0.80.71.31.214.5%
United StatesN/AN/AN/A0.20%
Others0.40.30.20.3-9.1%
Total7.210.98.011.015.2%

Top Suppliers of Belt and Bandolier to Vietnam in 2022:

  1. China (330.7K units)
  2. Spain (127.8K units)
  3. Italy (96.4K units)
  4. France (71.0K units)
  5. United States (13.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the belt and bandolier 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 14193180 - Belts and bandoliers, of leather or composition leather

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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