Vietnam: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Vietnam

In 2020, the Vietnamese market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a significant expansion. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Consumption peaked at $X in 2019, and then contracted rapidly in the following year.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Vietnam

Exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Vietnam declined dramatically to X square meters in 2020, with a decrease of -X% compared with the previous year. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked at X square meters in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined to $X in 2020. Overall, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Cambodia (X square meters) was the main destination for exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Vietnam, with a X% share of total exports. Moreover, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Cambodia exceeded the volume sent to the second major destination, Taiwan (Chinese) (X square meters), twofold.

From 2007 to 2020, the average annual growth rate of volume to Cambodia totaled -X%.

In value terms, Cambodia ($X) remains the key foreign market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Vietnam, comprising X% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Cambodia was relatively modest.

Export Prices by Country

The average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, increasing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Taiwan (Chinese) ($X per square meter), while the average price for exports to Cambodia totaled $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese).

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Vietnam

In 2020, after two years of growth, there was significant decline in supplies from abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses, when their volume decreased by -X% to X square meters. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X square meters in 2019, and then contracted sharply in the following year.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined to $X in 2020. In general, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2019, and then dropped in the following year.

Imports by Country

Thailand (X square meters), Japan (X square meters) and South Korea (X square meters) were the main suppliers of imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Vietnam, with a combined X% share of total imports. China, Indonesia, Germany and India lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Vietnam were Thailand ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports. These countries were followed by China, Indonesia, Germany and India, which together accounted for a further X the main suppliers, India (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, jumping by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The import price peaked at $X per square meter in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were India ($X per square meter) and Germany ($X per square meter), while the price for China ($X per square meter) and South Korea ($X per square meter) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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