Vietnam: Market for Lighting Sets For Christmas Trees 2025

Market Size for Lighting Sets For Christmas Trees in Vietnam

The Vietnamese market for lighting sets for christmas trees contracted to $X in 2022, reducing by -7.2% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Lighting Sets For Christmas Trees in Vietnam

In value terms, lighting set for christmas trees production reached $X in 2022 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 -4.4% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by 71% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Lighting Sets For Christmas Trees

Exports from Vietnam

Lighting set for christmas trees exports from Vietnam soared to X units in 2022, growing by 59% on the previous year's figure. Over the period under review, exports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2019 with an increase of 471%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, lighting set for christmas trees exports surged to $X in 2022. Overall, exports recorded a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by 337% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), the United States (X units) and Hong Kong SAR (X units) were the main destinations of lighting set for christmas trees exports from Vietnam, together accounting for 58% of total exports. Romania, the Netherlands, Brazil, Guatemala, Australia, El Salvador, Canada, China, Germany and India lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +37.9%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the key foreign market for lighting sets for christmas trees exports from Vietnam, comprising 33% of total exports. The second position in the ranking was taken by France ($X), with a 16% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled +49.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.6% per year) and the United States (+11.8% per year).

Export Prices by Country

In 2022, the average export price for lighting sets for christmas trees amounted to $X per unit, falling by -2.6% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lighting set for christmas trees export price increased by +1.3% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 56%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to El Salvador ($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 Brazil (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighting Sets For Christmas Trees

Imports into Vietnam

In 2022, approx. X units of lighting sets for christmas trees were imported into Vietnam; with a decrease of -13.7% compared with 2021. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 687%. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, lighting set for christmas trees imports reduced to $X in 2022. Over the period under review, imports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2014 when imports increased by 744% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lighting set for christmas trees to Vietnam, accounting for a 82% share of total imports. Moreover, lighting set for christmas trees imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.2% per year) and Hong Kong SAR (-5.4% per year).

In value terms, China ($X) constituted the largest supplier of lighting sets for christmas trees to Vietnam, comprising 74% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+21.1% per year) and Hong Kong SAR (-26.1% per year).

Import Prices by Country

In 2022, the average import price for lighting sets for christmas trees amounted to $X per unit, approximately reflecting the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +9.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lighting set for christmas trees import price decreased by -5.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 126%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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