Report Update Nov 1, 2024

Vietnam - Poultry Incubators and Brooders - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Poultry Incubator Market 2024

Poultry Incubator Exports

Exports from Vietnam

For the third year in a row, Vietnam recorded decline in shipments abroad of poultry incubators and brooders, which decreased by 0% to X units in 2022. Overall, exports faced a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 100%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry incubator exports skyrocketed to $X in 2022. In general, exports continue to indicate a precipitous contraction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X units) and the UK (X units) were the main destinations of poultry incubator exports from Vietnam.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of 0.0%).

In value terms, Myanmar ($X) emerged as the key foreign market for poultry incubators and brooders exports from Vietnam, comprising 95% of total exports. The second position in the ranking was held by Angola ($X), with a 2.3% share of total exports. It was followed by the UK, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value to Myanmar totaled -29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-44.2% per year) and the UK (0.0% per year).

Export Prices by Country

The average poultry incubator export price stood at $X per unit in 2022, which is down by -87.6% against the previous year. In general, the export price continues to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 434%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while the average price for exports to the UK ($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 Japan (+193.7%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Incubator Imports

Imports into Vietnam

In 2022, approx. X units of poultry incubators and brooders were imported into Vietnam; with an increase of 84% against 2021 figures. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 194% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, poultry incubator imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 184%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), China (X units) and Canada (X units) were the main suppliers of poultry incubator imports to Vietnam, together accounting for 70% of total imports. These countries were followed by the Netherlands, France, Malaysia, the UK and Belgium, which together accounted for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +30.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest poultry incubator suppliers to Vietnam were the United States ($X), Canada ($X) and China ($X), with a combined 71% share of total imports. These countries were followed by the Netherlands, France, Malaysia, the UK and Belgium, which together accounted for a further 27%.

Among the main suppliers, France, with a CAGR of +30.3%, recorded the highest rates of growth with regard to the value of imports, 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 poultry incubator import price amounted to $X per unit, increasing by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+18.0%), 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 poultry incubators and brooders in the world?

The countries with the highest volumes of poultry incubator consumption in 2021 were China, the United States and India, together accounting for 56% of global consumption. Romania, Japan, Russia, Germany, Pakistan, Brazil, the UK, France and Nigeria lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of poultry incubators and brooders in the world?

The countries with the highest volumes of poultry incubator production in 2021 were China, the United States and India, together comprising 58% of global production. These countries were followed by Romania, Japan, Germany, Russia, Pakistan, Brazil, the UK and France, which together accounted for a further 23%.

What are the leading suppliers of poultry incubators and brooders to Vietnam?

In value terms, the largest poultry incubator suppliers to Vietnam were China, Belgium and Malaysia, together comprising 78% of total imports. The United States, the UK, the Netherlands and New Zealand lagged somewhat behind, together comprising a further 15%.

What is the average export price for poultry incubators and brooders in Vietnam?

The average poultry incubator export price stood at $9,543 per unit in 2017, stabilizing at the previous year.

What is the average import price for poultry incubators and brooders in Vietnam?

In 2021, the average poultry incubator import price amounted to $7,368 per unit, declining by -3.4% against the previous year.

This report provides an in-depth analysis of the poultry incubator 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 28308400 - Poultry incubators and brooders

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