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Report Vietnam - Root or Tuber Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Vietnam - Root or Tuber Harvesting Machines - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Vietnam

In 2021, after four years of decline, there was growth in the Vietnamese harvesting machinery market, when its value increased by 2.1% to $X. In general, consumption, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 2.6% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Harvesting Machinery Production in Vietnam

In value terms, harvesting machinery production expanded modestly to $X in 2021 estimated in export price. In general, production, however, saw a deep setback. Harvesting machinery production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Harvesting Machinery Exports

Exports from Vietnam

In 2021, the amount of root or tuber harvesting machines exported from Vietnam stood at less than X units, therefore, remained relatively stable against 2020. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, harvesting machinery exports reduced slightly to $X in 2021. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of 1,008%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Harvesting Machinery Imports

Imports into Vietnam

In 2021, harvesting machinery imports into Vietnam reduced markedly to X units, waning by -70% against the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 750% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, harvesting machinery imports dropped markedly to $X in 2021. In general, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 1,221% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units) and Thailand (X units) were the main suppliers of harvesting machinery imports to Vietnam.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of 0.0%).

In value terms, the United States ($X) constituted the largest supplier of root or tuber harvesting machines to Vietnam, comprising 52% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Japan, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.5% per year) and Japan (+7.4% per year).

Import Prices by Country

The average harvesting machinery import price stood at $X per unit in 2021, falling by -30.5% against the previous year. In general, the import price, however, saw a perceptible expansion. The pace of growth was the most pronounced in 2014 an increase of 161%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+39.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Brazil, China and the United States, with a combined 40% share of global consumption. These countries were followed by Italy, India, Japan, Russia, Poland, Pakistan, Germany, Indonesia, Bangladesh and Nigeria, which together accounted for a further 30%.
The countries with the highest volumes of in 2021 were Brazil, China and the United States, with a combined 40% share of global production. Italy, India, Germany, Japan, Poland, Pakistan, Russia, Indonesia, Bangladesh and Nigeria lagged somewhat behind, together comprising a further 32%.
In value terms, the United States, China and Japan were the largest harvesting machinery suppliers to Vietnam, with a combined 86% share of total imports. Thailand, Italy and South Korea lagged somewhat behind, together accounting for a further 14%.
The average harvesting machinery import price stood at $36,893 per unit in 2021, picking up by 7.2% against the previous year.

This report provides an in-depth analysis of the harvesting machinery 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 28305420 - Potato-diggers and potato harvesters
  • Prodcom 28305450 - Beet-topping machines and beet harvesters
  • Prodcom 28305480 - Root or tuber harvesting machines (excluding potato-diggers and potato harvesters, beet-topping machines and beet harvesters)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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