Vietnam: Metal Treating Machine Market 2025

Metal Treating Machine Market Size in Vietnam

The Vietnamese metal treating machine market shrank to $X in 2022, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed moderate growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Metal Treating Machine Exports

Exports from Vietnam

In 2022, metal treating machine exports from Vietnam reduced rapidly to X units, with a decrease of X% compared with the year before. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then contracted significantly in the following year.

In value terms, metal treating machine exports reduced sharply to $X in 2022. Over the period under review, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Myanmar (X units) was the main destination for metal treating machine exports from Vietnam, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Myanmar totaled X%.

In value terms, Myanmar ($X) emerged as the key foreign market for machines for treating metal, having individual functions exports from Vietnam.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar amounted to X%.

Export Prices by Country

The average metal treating machine export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Metal Treating Machine Imports

Imports into Vietnam

Metal treating machine imports into Vietnam contracted dramatically to X units in 2022, with a decrease of X% on the previous year's figure. Over the period under review, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal treating machine imports surged to $X in 2022. Overall, imports, however, showed notable growth. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal treating machine to Vietnam, with a X% share of total imports. Moreover, metal treating machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fivefold. South Korea (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of machines for treating metal, having individual functions to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

The average metal treating machine import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per unit) and South Korea ($X per unit), while the price for Switzerland ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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