Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam (CIF) - 2022
In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $31,512 per unit, declining by -14.5% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 151% against the previous year. The import price peaked at $38,656 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($102,050 per unit), while the price for Singapore ($1,544 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam (FOB) - 2022
The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $7,078 per unit in 2022, increasing by 31% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 387%. The export price peaked at $12,331 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($8,998 per unit), while the average price for exports to Australia ($113 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 Lao People's Democratic Republic (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam
In 2022, overseas purchases of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were finally on the rise to reach 790 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a dramatic setback. Imports peaked at 2.3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses soared to $25M in 2022. Over the period under review, imports, however, saw a dramatic decrease. Over the period under review, imports of hit record highs at $88M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.9 | 6.0 | 8.8 | 12.4 | -44.3% |
| Japan | 3.9 | 2.9 | 1.3 | 6.9 | 20.9% |
| Germany | N/A | 11.9 | 7.8 | 1.8 | -61.1% |
| Taiwan (Chinese) | 2.3 | 0.2 | 0.1 | 1.4 | -15.3% |
| Austria | 0.6 | 0.3 | 0.4 | 0.6 | 0.0% |
| Turkey | 0.7 | 0.3 | 0.3 | 0.4 | -17.0% |
| United States | N/A | N/A | 0.1 | 0.2 | 100.0% |
| South Korea | 2.0 | 1.8 | 0.8 | 0.1 | -63.2% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Italy | 5.5 | 0.4 | N/A | N/A | -92.7% |
| Others | 0.8 | 0.2 | 0.5 | 1.0 | 7.7% |
| Total | 87.7 | 24.1 | 20.1 | 24.9 | -34.3% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Vietnam in 2022:
- Japan (368.0 units)
- China (182.0 units)
- Taiwan (Chinese) (75.0 units)
- Austria (32.0 units)
- Turkey (24.0 units)
- Germany (18.0 units)
- United States (15.0 units)
- Singapore (13.0 units)
- South Korea (6.0 units)
- Italy (1.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam
In 2022, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from Vietnam surged to 53 units, rising by 18% against the previous year. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 73% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses soared to $375K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 742% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 58.9 | 12.0 | 88.5 | 99.0 | 18.9% |
| Guatemala | 15.7 | 3.4 | 30.0 | 68.4 | 63.3% |
| Indonesia | 2.8 | 0.3 | 0.5 | 60.8 | 179.0% |
| China | 6.1 | 2.0 | 42.6 | 43.2 | 92.0% |
| Lao People's Democratic Republic | 2.2 | 0.5 | 6.0 | 24.4 | 123.0% |
| Cambodia | 7.8 | 2.7 | 27.1 | 17.3 | 30.4% |
| Canada | 0.2 | N/A | 3.5 | 7.0 | 227.1% |
| Myanmar | 2.4 | 0.7 | 5.4 | 6.3 | 37.9% |
| Japan | 31.7 | 0.5 | 1.0 | 5.5 | -44.2% |
| India | 12.6 | 1.6 | 6.9 | 3.2 | -36.7% |
| France | N/A | N/A | 0.6 | 0.4 | -33.3% |
| Angola | 0.2 | N/A | 0.4 | 0.4 | 26.0% |
| Australia | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Others | 24.8 | 5.1 | 29.9 | 39.2 | 16.5% |
| Total | 166 | 28.8 | 243 | 375 | 31.2% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Vietnam in 2022:
- Bangladesh (11.0 units)
- Guatemala (8.0 units)
- Indonesia (7.0 units)
- China (5.0 units)
- Lao People's Democratic Republic (3.0 units)
- Cambodia (2.0 units)
- Canada (1.0 units)
- Australia (1.0 units)
- Myanmar (1.0 units)
- India (1.0 units)
- France (1.0 units)
- Angola (1.0 units)
- Japan (1.0 units)
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