Report Update Nov 1, 2024

Vietnam - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Vietnam: Crawler Tractor Market 2024

Crawler Tractor Market Size in Vietnam

After four years of decline, the Vietnamese crawler tractor market increased by 9.4% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt curtailment. Crawler tractor consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Crawler Tractor Production in Vietnam

In value terms, crawler tractor production rose remarkably to $X in 2021 estimated in export price. In general, production, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 19% against the previous year. Crawler tractor production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Crawler Tractor Exports

Exports from Vietnam

In 2021, approx. X units of crawler tractors were exported from Vietnam; declining by -38.8% on the previous year. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 390% against the previous year. As a result, the exports reached the peak of X units, and then dropped remarkably in the following year.

In value terms, crawler tractor exports contracted markedly to $X in 2021. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 354%. The exports peaked at $X in 2020, and then contracted dramatically in the following year.

Exports by Country

Canada (X units) was the main destination for crawler tractor exports from Vietnam, with a 87% share of total exports. Moreover, crawler tractor exports to Canada exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to +27.1%.

In value terms, Canada ($X) remains the key foreign market for crawler tractors exports from Vietnam, comprising 87% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Canada totaled +11.1%.

Export Prices by Country

In 2021, the average crawler tractor export price amounted to $X per unit, shrinking by -11.5% against the previous year. In general, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 224%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Lao People's Democratic Republic stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+38.8%), while the prices for the other major destinations experienced mixed trend patterns.

Crawler Tractor Imports

Imports into Vietnam

In 2021, purchases abroad of crawler tractors was finally on the rise to reach X units after two years of decline. Overall, imports, however, showed a dramatic downturn. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, crawler tractor imports surged to $X in 2021. In general, imports, however, continue to indicate a deep slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), India (X units) and Thailand (X units) were the main suppliers of crawler tractor imports to Vietnam, with a combined 75% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of crawler tractors to Vietnam, comprising 72% of total imports. The second position in the ranking was taken by Thailand ($X), with a 7% share of total imports. It was followed by India, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-11.8% per year) and India (+29.2% per year).

Import Prices by Country

The average crawler tractor import price stood at $X per unit in 2021, growing by 8.3% against the previous year. Over the period under review, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 135% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat 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 the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crawler tractors in the world?

The countries with the highest volumes of in 2021 were Japan, Italy and the Netherlands, together accounting for 32% of global consumption. Germany, Iraq, Australia, Russia, Nepal, Romania, Belarus and the United States lagged somewhat behind, together comprising a further 25%.

What are the largest producers of crawler tractors in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Italy, with a combined 66% share of global production.

What are the leading importers of crawler tractors from Vietnam?

In value terms, Canada remains the key foreign market for crawler tractor exports from Vietnam.

What is the average export price for crawler tractors in Vietnam?

In 2021, the average crawler tractor export price amounted to $14,102 per unit, shrinking by -37.3% against the previous year.

This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors

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