Vietnam - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in Vietnam - 2021
Contents:
- Price for Hydraulic Cylinder and System in Vietnam (CIF) - 2022
- Price for Hydraulic Cylinder and System in Vietnam (FOB) - 2022
- Imports of Hydraulic Cylinder and System in Vietnam
- Exports of Hydraulic Cylinder and System in Vietnam
Price for Hydraulic Cylinder and System in Vietnam (CIF) - 2022
The average hydraulic cylinder and system import price stood at $582 per unit in 2022, surging by 16% against the previous year. In general, the import price, however, recorded a abrupt slump. Over the period under review, average import prices hit record highs at $1,243 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($0.2 per unit) and Thailand ($0.2 per unit), while the price for China ($0.2 per unit) and South Korea ($0.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-2.7%), while the prices for the other major suppliers experienced a decline.
Price for Hydraulic Cylinder and System in Vietnam (FOB) - 2022
In 2022, the average hydraulic cylinder and system export price amounted to $969 per unit, with an increase of 3.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 13%. As a result, the export price reached the peak level of $1,086 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($0.2 per unit) and the Czech Republic ($0.2 per unit), while the average price for exports to Japan ($0.2 per unit) and Lao People's Democratic Republic ($0.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydraulic Cylinder and System in Vietnam
In 2022, supplies from abroad of hydraulic cylinders and systems decreased by -5.1% to 24K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. Imports peaked at 25K units in 2021, and then fell in the following year.
In value terms, hydraulic cylinder and system imports rose rapidly to $14M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, imports reached the peak of $15M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Hydraulic Cylinder and System in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 6.0 | 6.3 | 5.7 | -19.7% |
| Netherlands | 17.5 | 3.5 | 3.6 | 4.2 | -37.9% |
| Italy | 3.7 | 6.2 | 2.7 | 3.1 | -5.7% |
| Germany | 5.8 | 0.7 | 3.1 | 2.7 | -22.5% |
| Japan | 3.0 | 1.3 | 2.2 | 1.9 | -14.1% |
| South Korea | 2.7 | 0.8 | 0.8 | 0.8 | -33.3% |
| Thailand | 1.0 | 0.3 | 0.7 | 0.6 | -15.7% |
| Others | -31.2 | -3.5 | -6.6 | -5.0 | -45.7% |
| Total | 13.6 | 15.3 | 12.8 | 14.1 | 1.2% |
Top Suppliers of Hydraulic Cylinder and System to Vietnam in 2022:
- China (36.2M units)
- Netherlands (26.7M units)
- Italy (19.6M units)
- Germany (17.5M units)
- Japan (12.4M units)
- South Korea (5.2M units)
- Thailand (3.8M units)
Exports of Hydraulic Cylinder and System in Vietnam
In 2022, hydraulic cylinder and system exports from Vietnam shrank significantly to 3.1K units, which is down by -36.3% compared with the year before. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 266%. As a result, the exports attained the peak of 4.9K units, and then declined rapidly in the following year.
In value terms, hydraulic cylinder and system exports dropped markedly to $3M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 216% against the previous year. As a result, the exports reached the peak of $4.6M, and then dropped dramatically in the following year.
| Export of Hydraulic Cylinder and System in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,292 | 1,251 | 1,517 | 2,175 | 19.0% |
| Lao People's Democratic Republic | 1.0 | 6.0 | 518 | 742 | 805.3% |
| Czech Republic | 91.0 | 14.9 | 9.9 | 54.4 | -15.8% |
| South Korea | 47.7 | 57.0 | 3.0 | 50.6 | 2.0% |
| Germany | N/A | 61.3 | 206 | N/A | 236.1% |
| Malaysia | N/A | N/A | 223 | N/A | 0% |
| Others | 51.9 | 74.1 | 2,149 | 22.9 | -23.9% |
| Total | 1,484 | 1,465 | 4,625 | 3,045 | 27.1% |
Top Export Markets for Hydraulic Cylinder and System from Vietnam in 2022:
- Japan (12.2M units)
- Lao People's Democratic Republic (4.2M units)
- South Korea (0.3M units)
- Czech Republic (0.3M units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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