Vietnam: Mounted Piezo-Electric Crystals Market 2025

Mounted Piezo-Electric Crystals Market Size in Vietnam

For the fourth year in a row, the Vietnamese mounted piezo-electric crystals market recorded growth in sales value, which increased by 7.5% to $X in 2021. Over the period under review, consumption recorded a remarkable increase. Mounted piezo-electric crystals consumption peaked in 2021 and is likely to continue growth in the immediate term.

Mounted Piezo-Electric Crystals Exports

Exports from Vietnam

In 2021, overseas shipments of mounted piezo-electric crystals increased by 610% to X units, rising for the third consecutive year after three years of decline. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mounted piezo-electric crystals exports skyrocketed to $X in 2021. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 240%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

China (X units) was the main destination for mounted piezo-electric crystals exports from Vietnam, accounting for a 70% share of total exports. Moreover, mounted piezo-electric crystals exports to China exceeded the volume sent to the second major destination, Hong Kong SAR (X units), more than tenfold. Brazil (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +76.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+122.0% per year) and Brazil (+196.7% per year).

In value terms, China ($X), Japan ($X) and Hong Kong SAR ($X) appeared to be the largest markets for mounted piezo-electric crystals exported from Vietnam worldwide, with a combined 72% share of total exports. South Korea, Brazil, Canada, Taiwan (Chinese) and the Netherlands lagged somewhat behind, together comprising a further 16%.

Canada, with a CAGR of +399.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mounted piezo-electric crystals export price stood at $X per unit in 2021, declining by -60.2% against the previous year. Over the period under review, the export price recorded a drastic downturn. The growth pace was the most rapid in 2019 an increase of 123% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then plummeted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Japan ($X per unit), while the average price for exports to Taiwan (Chinese) (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into Vietnam

In 2021, the amount of mounted piezo-electric crystals imported into Vietnam soared to X units, surging by 23% compared with the previous year. Over the period under review, imports saw a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 44% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, mounted piezo-electric crystals imports soared to $X in 2021. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 75%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X units), Japan (X units) and Singapore (X units) were the main suppliers of mounted piezo-electric crystals imports to Vietnam, with a combined 75% share of total imports. Taiwan (Chinese), Hong Kong SAR, South Korea and Malaysia lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +93.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Singapore ($X) and China ($X) appeared to be the largest mounted piezo-electric crystals suppliers to Vietnam, together accounting for 65% of total imports. Taiwan (Chinese), Hong Kong SAR, South Korea and Malaysia lagged somewhat behind, together accounting for a further 32%.

Taiwan (Chinese), with a CAGR of +104.0%, 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 mounted piezo-electric crystals import price stood at $X per unit in 2021, falling by -4.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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