Vietnam: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in Vietnam

For the sixth consecutive year, the Vietnamese electronic material tester market recorded growth in sales value, which increased by 3.7% to $X in 2021. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electronic Material Tester Exports

Exports from Vietnam

In 2021, overseas shipments of electronic machines and appliances for testing materials increased by 264% to X units, rising for the third year in a row after four years of decline. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 3,480%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic material tester exports soared to $X in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 7,130% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X units), South Korea (X units) and the United States (X units) were the main destinations of electronic material tester exports from Vietnam, together comprising 78% of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +235.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electronic material tester exported from Vietnam were Malaysia ($X), South Korea ($X) and the United States ($X), with a combined 78% share of total exports.

Malaysia, with a CAGR of +274.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electronic material tester export price stood at $X per unit in 2021, increasing by 6.6% against the previous year. In general, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2014 an increase of 102% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and China ($X per unit), while the average price for exports to Lao People's Democratic Republic ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into Vietnam

After two years of growth, overseas purchases of electronic machines and appliances for testing materials decreased by -2.2% to X units in 2021. Over the period under review, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 128%. Imports peaked at X units in 2020, and then reduced modestly in the following year.

In value terms, electronic material tester imports surged to $X in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 57%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest electronic material tester supplier to Vietnam, with a 35% share of total imports. Moreover, electronic material tester imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was held by Japan (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+19.9% per year) and Japan (+8.9% per year).

In value terms, China ($X) constituted the largest supplier of electronic machines and appliances for testing materials to Vietnam, comprising 35% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Japan, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.0% per year) and Japan (+0.8% per year).

Import Prices by Country

The average electronic material tester import price stood at $X per unit in 2021, growing by 26% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Japan ($X per unit) and China ($X per unit), while the price for the UK ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-7.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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