Vietnam: Agricultural Harvester Market 2025

Agricultural Harvester Market Size in Vietnam

The Vietnamese agricultural harvester market totaled $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Agricultural harvester consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Agricultural Harvester Production in Vietnam

In value terms, agricultural harvester production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Agricultural harvester production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Agricultural Harvester Exports

Exports from Vietnam

After two years of growth, overseas shipments of agricultural harvesters decreased by X% to X units in 2022. Overall, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, agricultural harvester exports expanded to $X in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X units) was the main destination for agricultural harvester exports from Vietnam, with a X% share of total exports. Moreover, agricultural harvester exports to the Philippines exceeded the volume sent to the second major destination, Ghana (X units), fourfold. The third position in this ranking was held by Bangladesh (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Philippines stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Bangladesh (X% per year).

In value terms, the Philippines ($X) remains the key foreign market for agricultural harvesters exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a X% share of total exports. It was followed by Cambodia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Cambodia (X% per year).

Export Prices by Country

The average agricultural harvester export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Harvester Imports

Imports into Vietnam

In 2022, overseas purchases of agricultural harvesters decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, agricultural harvester imports fell to $X in 2022. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Thailand (X units), China (X units) and Japan (X units) were the main suppliers of agricultural harvester imports to Vietnam, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X) constituted the largest supplier of agricultural harvesters to Vietnam, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

The average agricultural harvester import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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