Report Update Nov 1, 2024

Vietnam - Parts of Boilers for Central Heating - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Vietnam: Boiler Parts Market 2024

Boiler Parts Market Size in Vietnam

In 2021, the Vietnamese boiler parts market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a pronounced setback. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Boiler Parts Production in Vietnam

In value terms, boiler parts production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Boiler Parts Exports

Exports from Vietnam

After two years of growth, overseas shipments of parts of boilers for central heating decreased by -93% to X tons in 2021. Over the period under review, exports showed a significant contraction. The pace of growth appeared the most rapid in 2019 with an increase of 365%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, boiler parts exports shrank rapidly to $X in 2021. Overall, exports faced a sharp descent. The pace of growth appeared the most rapid in 2014 with an increase of 365%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for boiler parts exports from Vietnam, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled -13.0%.

In value terms, the UK ($X) also remains the key foreign market for parts of boilers for central heating exports from Vietnam.

From 2012 to 2021, the average annual growth rate of value to the UK stood at -15.0%.

Export Prices by Country

The average boiler parts export price stood at $X per ton in 2021, surging by 16% against the previous year. Over the period under review, the export price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by 80%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, 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 the UK.

From 2012 to 2021, the rate of growth in terms of prices for Cambodia amounted to +62.9% per year.

Boiler Parts Imports

Imports into Vietnam

In 2021, boiler parts imports into Vietnam fell significantly to X tons, waning by -86.6% compared with the previous year. Overall, imports saw a sharp descent. The pace of growth appeared the most rapid in 2019 with an increase of 350% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, boiler parts imports reduced markedly to $X in 2021. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2019 when imports increased by 337%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X kg), Taiwan (Chinese) (X kg) and Sweden (X kg) were the main suppliers of boiler parts imports to Vietnam, together accounting for 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +19.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Taiwan (Chinese) ($X) and Sweden ($X) appeared to be the largest boiler parts suppliers to Vietnam, with a combined 97% share of total imports.

Sweden, with a CAGR of +22.0%, saw 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 mixed trend patterns.

Import Prices by Country

In 2021, the average boiler parts import price amounted to $X per ton, falling by -4.9% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +9.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, boiler parts import price increased by +12.5% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 53%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then shrank modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Taiwan (Chinese) ($X per ton) and Austria ($X per ton), while the price for Germany ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for parts of boilers for central heating in the world?

The countries with the highest volumes of boiler parts consumption in 2020 were the United States, China and India, together comprising 49% of global consumption. These countries were followed by Brazil, Japan, Indonesia, the UK, Germany, Nigeria, Mexico, France, the Netherlands and Iran, which together accounted for a further 25%.

What are the largest producers of parts of boilers for central heating in the world?

The countries with the highest volumes of boiler parts production in 2020 were the United States, China and India, together comprising 51% of global production. Brazil, Japan, Indonesia, Nigeria, Mexico, France, Italy, Iran, Germany and Slovakia lagged somewhat behind, together accounting for a further 23%.

What are the leading suppliers of parts of boilers for central heating to Vietnam?

In value terms, Croatia constituted the largest supplier of boiler parts to Vietnam, comprising 93% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 5.5% share of total imports.

What is the average export price for parts of boilers for central heating in Vietnam?

The average boiler parts export price stood at $5,888 per ton in 2020, approximately reflecting the previous year.

What is the average import price for parts of boilers for central heating in Vietnam?

In 2020, the average boiler parts import price amounted to $14,964 per ton, picking up by 7.3% against the previous year.

This report provides an in-depth analysis of the boiler parts market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25211300 - Parts of boilers for central heating

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023