Vietnam: Manure Spreader Market 2025

Manure Spreader Market Size in Vietnam

The Vietnamese manure spreader market declined to $X in 2022, falling by -6.5% against the previous year. Overall, consumption faced a abrupt slump. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Manure Spreader Production in Vietnam

In value terms, manure spreader production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 19%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Manure Spreader Exports

Exports from Vietnam

In 2018, the amount of manure spreaders and fertilizer distributors exported from Vietnam was estimated at X units, remaining stable against the previous year's figure. In general, exports continue to indicate a abrupt decrease. The smallest decline of -50% was in 2013. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, manure spreader exports contracted markedly to $X in 2018. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 421%. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

From 2012 to 2022, the average annual growth rate of volume to No country was relatively modest.

In value terms, Lao People's Democratic Republic ($X) also remains the key foreign market for manure spreaders and fertilizer distributors exports from Vietnam.

From 2012 to 2022, the average annual growth rate of value to Lao People's Democratic Republic totaled +6.0%.

Export Prices by Country

The average manure spreader export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 513% against the previous year. The export price peaked at $X per unit in 2021, and then contracted slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +12.5% per year.

Manure Spreader Imports

Imports into Vietnam

In 2022, after two years of decline, there was decline in overseas purchases of manure spreaders and fertilizer distributors, when their volume decreased by -4.2% to X units. Overall, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2013 when imports increased by 150% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, manure spreader imports rose modestly to $X in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 344% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), Taiwan (Chinese) (X units) and the Netherlands (X units) were the main suppliers of manure spreader imports to Vietnam, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +29.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Taiwan (Chinese) ($X) and Thailand ($X) constituted the largest manure spreader suppliers to Vietnam, with a combined 92% share of total imports.

Taiwan (Chinese), with a CAGR of +105.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average manure spreader import price stood at $X per unit in 2022, picking up by 4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2013 an increase of 76% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Italy ($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 (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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