Vietnam: Market for Domestic Electro-Thermic Appliances (excl Toasters and Coffee Machines) 2025

Market Size for Domestic Electro-Thermic Appliances (excl Toasters and Coffee Machines) in Vietnam

The Vietnamese market for domestic electro-thermic appliances (excl toasters and coffee machines) declined slightly to $X in 2021, shrinking by -2.1% against the previous year. Overall, consumption saw a mild reduction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Domestic Electro-Thermic Appliances (excl Toasters and Coffee Machines) in Vietnam

In value terms, production of domestic electro-thermic appliances (excl toasters and coffee machines) dropped slightly to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 116% against the previous year. Over the period under review, production of reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Domestic Electro-Thermic Appliances (excl Toasters and Coffee Machines)

Exports from Vietnam

In 2021, overseas shipments of domestic electro-thermic appliances (excl toasters and coffee machines) increased by 9% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, exports, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2016 when exports increased by 44% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of domestic electro-thermic appliances (excl toasters and coffee machines) declined to $X in 2021. In general, exports posted a notable expansion. The most prominent rate of growth was recorded in 2019 with an increase of 33% against the previous year. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

The United Arab Emirates (X units) and Myanmar (X units) were the main destinations of exports of domestic electro-thermic appliances (excl toasters and coffee machines) from Vietnam.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +127.8%).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for domestic electro-thermic appliances (excl toasters and coffee machines) exports from Vietnam, comprising 90% of total exports. The second position in the ranking was held by Myanmar ($X), with a 9.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at +41.4%.

Export Prices by Country

The average export price for domestic electro-thermic appliances (excl toasters and coffee machines) stood at $X per unit in 2021, which is down by -19.8% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 127% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Myanmar 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 United Arab Emirates (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic Electro-Thermic Appliances (excl Toasters and Coffee Machines)

Imports into Vietnam

In 2021, the amount of domestic electro-thermic appliances (excl toasters and coffee machines) imported into Vietnam expanded notably to X units, with an increase of 9.7% compared with the year before. Overall, imports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2014 with an increase of 144%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of domestic electro-thermic appliances (excl toasters and coffee machines) stood at $X in 2021. Over the period under review, imports showed a temperate expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 229% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Myanmar (X units) was the main domestic electro-thermic appliances (excl toasters and coffee machines) supplier to Vietnam, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Myanmar was relatively modest.

In value terms, Myanmar ($X) constituted the largest supplier of domestic electro-thermic appliances (excl toasters and coffee machines) to Vietnam.

From 2012 to 2021, the average annual growth rate of value from Myanmar was relatively modest.

Import Prices by Country

In 2021, the average import price for domestic electro-thermic appliances (excl toasters and coffee machines) amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 75%. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to +11.0% per year.

Source: IndexBox Platform

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