Vietnam: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2025

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in Vietnam

The Vietnamese market for iron or steel doors, thresholds for doors and windows amounted to $X in 2022, growing by 6.2% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.5% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in Vietnam

In value terms, production of iron or steel doors, thresholds for doors and windows totaled $X in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.8% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 30% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from Vietnam

In 2022, overseas shipments of iron or steel doors, thresholds for doors and windows decreased by -2.5% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 87%. Over the period under review, the exports of reached the maximum at X units in 2021, and then fell in the following year.

In value terms, exports of iron or steel doors, thresholds for doors and windows rose to $X in 2022. In general, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 61%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Japan (X units) and Cambodia (X units) were the main destinations of exports of iron or steel doors, thresholds for doors and windows from Vietnam, with a combined 63% share of total exports. Iraq, Australia, Lao People's Democratic Republic, Taiwan (Chinese), the Netherlands, Malaysia, South Korea, Singapore, the Philippines and Pakistan lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +93.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for iron or steel doors, thresholds for doors and windows exports from Vietnam, comprising 41% of total exports. The second position in the ranking was held by Japan ($X), with a 13% share of total exports. It was followed by Cambodia, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+62.6% per year) and Cambodia (+10.8% per year).

Export Prices by Country

In 2022, the average export price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, with an increase of 4.5% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 21% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Pakistan ($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 the Philippines (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into Vietnam

In 2022, supplies from abroad of iron or steel doors, thresholds for doors and windows was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -37.7% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 70%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of iron or steel doors, thresholds for doors and windows totaled $X in 2022. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -46.7% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 71%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of iron or steel window and door to Vietnam, with a 48% share of total imports. Moreover, imports of iron or steel doors, thresholds for doors and windows from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold. Poland (X units) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-4.1% per year) and Poland (+10.2% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel doors, thresholds for doors and windows to Vietnam, comprising 42% of total imports. The second position in the ranking was held by South Korea ($X), with a 14% share of total imports. It was followed by Poland, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-5.2% per year) and Poland (+14.3% per year).

Import Prices by Country

In 2022, the average import price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, shrinking by -9.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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