Report Update Nov 1, 2024

Vietnam - Civil Reaction Engines - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Vietnam

The Vietnamese civil reaction engine market shrank sharply to $X in 2021, waning by -47.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Civil Reaction Engine Exports

Exports from Vietnam

Civil reaction engine exports from Vietnam contracted remarkably to X units in 2020, waning by -88.9% on the year before. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 33%. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.

In value terms, civil reaction engine exports declined dramatically to $X in 2020. Overall, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 22,646% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

In value terms, Singapore ($X) also remains the key foreign market for civil reaction engines exports from Vietnam.

From 2012 to 2021, the average annual growth rate of value to Singapore totaled -83.7%.

Export Prices by Country

In 2020, the average civil reaction engine export price amounted to $X per unit, picking up by 21% against the previous year. Over the period from 2018 to 2020, it increased at an average annual rate of +18.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2018 to 2020, the rate of growth in terms of prices for Singapore amounted to -16.6% per year.

Civil Reaction Engine Imports

Imports into Vietnam

For the fourth consecutive year, Vietnam recorded decline in supplies from abroad of civil reaction engines, which decreased by -50% to X units in 2021. Overall, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2015 when imports increased by 1,100% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, civil reaction engine imports shrank dramatically to $X in 2021. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2017 when imports increased by 1,250%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Thailand (X units), Italy (X units) and Singapore (X units) were the main suppliers of civil reaction engine imports to Vietnam, together accounting for 89% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +6.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of civil reaction engines to Vietnam, comprising 36% of total imports. The second position in the ranking was held by Thailand ($X), with a 15% share of total imports. It was followed by the UK, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+84.5% per year) and the UK (-20.8% per year).

Import Prices by Country

In 2021, the average civil reaction engine import price amounted to $X per unit, which is down by -6.1% against the previous year. Overall, the import price showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 152%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for civil reaction engines in the world?

The countries with the highest volumes of in 2021 were South Africa, Singapore and Indonesia, with a combined 40% share of global consumption. Nigeria, Kenya, Spain, the Netherlands, the United States, Colombia, Hungary, Brazil and the UK lagged somewhat behind, together comprising a further 42%.

What are the largest producers of civil reaction engines in the world?

South Africa constituted the country with the largest volume of civil reaction engine production, accounting for 47% of total volume. Moreover, civil reaction engine production in South Africa exceeded the figures recorded by the second-largest producer, Poland, fourfold. Spain ranked third in terms of total production with an 11% share.

What are the leading suppliers of civil reaction engines to Vietnam?

In value terms, Italy constituted the largest supplier of civil reaction engine to Vietnam, comprising 36% of total imports. The second position in the ranking was occupied by Thailand, with a 15% share of total imports. It was followed by Singapore, with a 6.5% share.

What are the leading importers of civil reaction engines from Vietnam?

In value terms, Ireland remains the key foreign market for civil reaction engine exports from Vietnam.

What is the average export price for civil reaction engines in Vietnam?

In 2021, the average civil reaction engine export price amounted to $760 per unit, dropping by -4.9% against the previous year.

What is the average import price for civil reaction engines in Vietnam?

The average civil reaction engine import price stood at $3,890 per unit in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the civil reaction engine 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 30301300 - Reaction engines, for civil use (including ramjets, pulse jets and rocket engines) (excluding turbojets, guided missiles incorporating power units)

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.

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