Vietnam: Video Projector Market 2024

Video Projector Market Size in Vietnam

The Vietnamese video projector market shrank remarkably to $X in 2021, with a decrease of -79.6% against the previous year. Overall, consumption recorded a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2020, and then fell markedly in the following year.

Video Projector Production in Vietnam

In value terms, video projector production shrank remarkably to $X in 2021 estimated in export price. Over the period under review, production recorded a sharp curtailment. Over the period under review, production attained the peak level at $X in 2020, and then fell dramatically in the following year.

Video Projector Exports

Exports from Vietnam

In 2021, approx. X units of video projectors were exported from Vietnam; picking up by 15% against the previous year's figure. In general, exports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 802% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, video projector exports expanded markedly to $X in 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 834% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Saint Vincent and the Grenadines (X units), Bahrain (X units) and Hong Kong SAR (X units) were the main destinations of video projector exports from Vietnam, together accounting for 8% of total exports. The United Arab Emirates, Canada, Kuwait and the UK lagged somewhat behind, together accounting for a further 3.3%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +787.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for video projector exported from Vietnam were Canada ($X), Hong Kong SAR ($X) and Saint Vincent and the Grenadines ($X), with a combined 14% share of total exports.

Saint Vincent and the Grenadines, with a CAGR of +351.5%, recorded the highest growth rate of 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 video projector export price stood at $X per unit in 2021, with a decrease of -1.6% against the previous year. Over the period under review, the export price, however, continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 93%. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Bahrain ($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 Saint Vincent and the Grenadines (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.

Video Projector Imports

Imports into Vietnam

In 2021, after two years of decline, there was significant growth in overseas purchases of video projectors, when their volume increased by 11% to X units. In general, imports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 with an increase of 28% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, video projector imports shrank to $X in 2021. Overall, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -44.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 65%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest video projector supplier to Vietnam, accounting for a 83% share of total imports. Moreover, video projector imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), eightfold. Belgium (X units) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+35.2% per year) and Belgium (+4.0% per year).

In value terms, China ($X) constituted the largest supplier of video projectors to Vietnam, comprising 74% of total imports. The second position in the ranking was held by the Philippines ($X), with a 13% share of total imports. It was followed by Singapore, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+36.2% per year) and Singapore (+44.3% per year).

Import Prices by Country

The average video projector import price stood at $X per unit in 2021, dropping by -23.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2013 an increase of 60%. The import price peaked at $X per unit in 2020, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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