Vietnam: Container Market 2025

Container Market Size in Vietnam

The Vietnamese container market fell to $X in 2022, with a decrease of -3.3% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Container Production in Vietnam

In value terms, container production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 40%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Container Exports

Exports from Vietnam

Container exports from Vietnam expanded slightly to X units in 2022, surging by 4.8% against the previous year's figure. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of 44% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, container exports reached $X in 2022. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 62% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar (X units) was the main destination for container exports from Vietnam, accounting for a 82% share of total exports. It was followed by Cambodia (X units), with a 2.4% share of total exports. The United States (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to Myanmar stood at +42.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (-14.1% per year) and the United States (+16.8% per year).

In value terms, Myanmar ($X) emerged as the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from Vietnam, comprising 86% of total exports. The second position in the ranking was taken by the United States ($X), with a 1.7% share of total exports. It was followed by Australia, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar stood at +42.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+14.3% per year) and Australia (+18.1% per year).

Export Prices by Country

In 2022, the average container export price amounted to $X per unit, approximately equating the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 12%. The export price peaked at $X per unit in 2015; however, from 2016 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 Myanmar ($X per unit), while the average price for exports to Thailand ($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 Myanmar (+0.1%), while the prices for the other major destinations experienced a decline.

Container Imports

Imports into Vietnam

In 2022, supplies from abroad of tanks, casks, drums, cans, boxes and similar containers was finally on the rise to reach X units after two years of decline. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 33% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, container imports contracted modestly to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 29%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Myanmar (X units), Thailand (X units) and China (X units) were the main suppliers of container imports to Vietnam, with a combined 84% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +278.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest container suppliers to Vietnam were China ($X), Myanmar ($X) and Thailand ($X), together comprising 82% of total imports.

Myanmar, with a CAGR of +271.6%, 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

The average container import price stood at $X per unit in 2022, falling by -3.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 31% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per unit) and China ($X per unit), while the price for Myanmar ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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