Vietnam: Non-Domestic Dishwashing Machine Market 2024

Non-Domestic Dishwashing Machine Market Size in Vietnam

In 2022, the Vietnamese non-domestic dishwashing machine market increased by 19% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption posted a pronounced increase. Non-domestic dishwashing machine consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Domestic Dishwashing Machine Exports

Exports from Vietnam

In 2022, overseas shipments of non-domestic dish-washing machines increased by 40% to X units, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of 172%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-domestic dishwashing machine exports skyrocketed to $X in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,211% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Bahrain (X units) and the Philippines (X units) were the main destinations of non-domestic dishwashing machine exports from Vietnam, with a combined 38% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +14.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), the United States ($X) and Lao People's Democratic Republic ($X) appeared to be the largest markets for non-domestic dishwashing machine exported from Vietnam worldwide, with a combined 76% share of total exports.

Among the main countries of destination, Malaysia, with a CAGR of +76.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-domestic dishwashing machine export price stood at $X per unit in 2022, picking up by 79% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 903%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Bahrain ($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 Malaysia (+76.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dishwashing Machine Imports

Imports into Vietnam

In 2022, purchases abroad of non-domestic dish-washing machines increased by 18% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 66% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-domestic dishwashing machine imports soared to $X in 2022. Overall, imports enjoyed a slight expansion. The growth pace was the most rapid in 2014 with an increase of 46% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), South Korea (X units) and Thailand (X units) were the main suppliers of non-domestic dishwashing machine imports to Vietnam, together accounting for 59% of total imports. Australia, Poland, Germany, the UK, Switzerland, Portugal, Turkey, Japan, France and Italy lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +81.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic dishwashing machine suppliers to Vietnam were South Korea ($X), China ($X) and Thailand ($X), together accounting for 66% of total imports. Switzerland, the UK, Germany, Poland, Turkey, Japan, France, Italy, Portugal and Australia lagged somewhat behind, together accounting for a further 27%.

Poland, with a CAGR of +74.1%, recorded the highest rates of growth with regard to 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

In 2022, the average non-domestic dishwashing machine import price amounted to $X per unit, remaining constant against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 South Korea ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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