Vietnam: Files And Rasps Market 2025

Files And Rasps Exports

Exports from Vietnam

In 2022, overseas shipments of files, rasps and similar tools were finally on the rise to reach X units after three years of decline. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 195%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, files and rasps exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 243% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Lao People's Democratic Republic (X units) and the United States (X units) were the main destinations of files and rasps exports from Vietnam.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +78.7%).

In value terms, Lao People's Democratic Republic ($X) and the United States ($X) were the largest markets for files and rasps exported from Vietnam worldwide.

Lao People's Democratic Republic, with a CAGR of +94.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average files and rasps export price amounted to $X per unit, waning by -1.8% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, files and rasps export price increased by +1.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 29%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while the average price for exports to the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Files And Rasps Imports

Imports into Vietnam

In 2022, imports of files, rasps and similar tools into Vietnam contracted to X units, which is down by -5.6% on the previous year. Overall, imports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2014 with an increase of 91% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, files and rasps imports reduced slightly to $X in 2022. Over the period under review, imports, however, posted temperate growth. The most prominent rate of growth was recorded in 2013 with an increase of 90% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Switzerland (X units), Japan (X units) and Germany (X units) were the main suppliers of files and rasps imports to Vietnam, with a combined 74% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +22.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest files and rasps suppliers to Vietnam were Switzerland ($X), Japan ($X) and Germany ($X), together comprising 74% of total imports.

Switzerland, with a CAGR of +24.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average files and rasps import price stood at $X per unit in 2022, with an increase of 2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and Switzerland ($X per unit), while the price for South Korea ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :