Vietnam - Vacuum Cleaners - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Vacuum Cleaner with Motor in Vietnam - 2022
Contents:
- Price for Vacuum Cleaner with Motor in Vietnam (FOB) - 2022
- Price for Vacuum Cleaner with Motor in Vietnam (CIF) - 2022
- Exports of Vacuum Cleaner with Motor in Vietnam
- Imports of Vacuum Cleaner with Motor in Vietnam
Price for Vacuum Cleaner with Motor in Vietnam (FOB) - 2022
In December 2022, the average vacuum cleaner with motor export price amounted to $95.5 per unit, approximately equating the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 0.3% m-o-m. The export price peaked at $99.7 per unit in December 2021; however, from January 2022 to December 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In December 2022, the countries with the highest prices were Kazakhstan ($104 per unit) and the United Arab Emirates ($103 per unit), while the average price for exports to France ($94.4 per unit) and Poland ($94.4 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vacuum Cleaner with Motor in Vietnam (CIF) - 2022
The average vacuum cleaner with motor import price stood at $116 per unit in December 2022, standing approximately at the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 2.2% against the previous month. As a result, import price reached the peak level of $117 per unit. From November 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Thailand ($130 per unit) and South Korea ($129 per unit), while the price for China ($114 per unit) and Malaysia ($119 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vacuum Cleaner with Motor in Vietnam
After three years of growth, overseas shipments of vacuum cleaners with motor decreased by -15.6% to 8.1M units in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 60% against the previous year. Over the period under review, the exports reached the maximum at 9.6M units in 2021, and then contracted remarkably in the following year.
In value terms, vacuum cleaner with motor exports reduced notably to $631M in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. Over the period under review, the exports hit record highs at $753M in 2021, and then dropped sharply in the following year.
Export of Vacuum Cleaner with Motor in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 38.4 | 162 | 334 | 316 | 101.9% |
South Korea | 105 | 157 | 143 | 88.8 | -5.4% |
Russia | 96.7 | 90.9 | 97.4 | 87.4 | -3.3% |
Kazakhstan | 15.9 | 15.0 | 17.7 | 17.4 | 3.1% |
Poland | 0.8 | 2.5 | 13.8 | 13.7 | 157.8% |
China | 1.6 | 4.1 | 5.4 | 5.5 | 50.9% |
Ukraine | 10.2 | 9.1 | 11.0 | 3.5 | -30.0% |
Others | 58.6 | 67.9 | 132 | 99.0 | 19.1% |
Total | 327 | 509 | 753 | 631 | 24.5% |
Top Export Markets for Vacuum Cleaner with Motor from Vietnam in 2022:
- United States (18.7M units)
- Russia (12.9M units)
- South Korea (7.8M units)
- Kazakhstan (2.8M units)
- Poland (1.0M units)
- China (0.9M units)
- Ukraine (0.5M units)
Imports of Vacuum Cleaner with Motor in Vietnam
In 2022, the amount of vacuum cleaners with motor imported into Vietnam shrank to 281K units, falling by -8.2% on the previous year's figure. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of 306K units, and then dropped in the following year.
In value terms, vacuum cleaner with motor imports reduced to $28M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of $32M, and then fell in the following year.
Import of Vacuum Cleaner with Motor in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 15.9 | 33.7 | 20.8 | 26.4 | 18.4% |
Malaysia | 3.0 | 2.1 | 3.4 | 3.2 | 2.2% |
Thailand | 4.5 | 1.1 | 1.8 | 2.0 | -23.7% |
Singapore | 2.7 | 2.3 | 0.3 | 0.7 | -36.2% |
South Korea | 0.8 | 0.6 | 0.9 | 0.7 | -4.4% |
Japan | 0.6 | 0.9 | 0.5 | 0.2 | -30.7% |
Others | -3.7 | -16.5 | 4.6 | -4.9 | 9.8% |
Total | 23.8 | 24.2 | 32.2 | 28.2 | 5.8% |
Top Suppliers of Vacuum Cleaner with Motor to Vietnam in 2022:
- China (1942.2K units)
- Malaysia (324.5K units)
- Thailand (243.8K units)
- South Korea (85.2K units)
- Singapore (53.9K units)
- Japan (16.7K units)
This report provides an in-depth analysis of the market for vacuum cleaner with motor 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 27512123 - Vacuum cleaners with a self-contained electric motor of a power . 1 .500 W and having a dust bag or other receptable capacity . .20 l
- Prodcom 27512125 - Other vacuum cleaners with a self-contained electric motor
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
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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
This report provides an in-depth analysis of the market for vacuum cleaner with motor in Vietnam.
This report provides an in-depth analysis of the market for vacuum cleaner without motor in Vietnam.
This report provides an in-depth analysis of the global market for vacuum cleaner with motor.
This report provides an in-depth analysis of the global market for vacuum cleaner without motor.
This report provides an in-depth analysis of the market for vacuum cleaner with motor in Vietnam.
This report provides an in-depth analysis of the market for vacuum cleaner without motor in Vietnam.
This report provides an in-depth analysis of the global market for vacuum cleaner with motor.
This report provides an in-depth analysis of the global market for vacuum cleaner without motor.
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...