Vietnam - Threading Or Tapping Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Threading Or Tapping Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Metal Threading Machine Price in Vietnam - 2022

Contents:

  1. Metal Threading Machine Price in Vietnam (CIF) - 2022
  2. Metal Threading Machine Price in Vietnam (FOB) - 2022
  3. Metal Threading Machine Imports in Vietnam
  4. Metal Threading Machine Exports in Vietnam

Metal Threading Machine Price in Vietnam (CIF) - 2022

In 2022, the average metal threading machine import price amounted to $4,512 per unit, picking up by 5.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44%. As a result, import price reached the peak level of $6,339 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($4,686 per unit) and China ($4,515 per unit), while the price for South Korea ($4,507 per unit) and Japan ($4,510 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced a decline.

Metal Threading Machine Price in Vietnam (FOB) - 2022

The average metal threading machine export price stood at $3,474 per unit in 2022, which is down by -14.6% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal threading machine export price decreased by -45.6% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 144% against the previous year. The export price peaked at $6,477 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($4,000 per unit), while the average price for exports to Taiwan (Chinese) ($2,460 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 India (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Threading Machine Imports in Vietnam

In 2022, the amount of threading or tapping machines for working metal imported into Vietnam shrank notably to 1.1K units, waning by -18% compared with 2021. In general, imports saw a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports reached the peak figure at 13K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal threading machine imports declined to $4.9M in 2022. Overall, imports continue to indicate a precipitous descent. Over the period under review, imports hit record highs at $57M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Metal Threading Machine in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.01.42.12.00.0%
Taiwan (Chinese)2.81.20.61.0-29.1%
South Korea5.63.22.51.0-43.7%
Japan2.41.10.40.8-30.7%
Germany44.2N/AN/AN/A0%
Others0.10.10.10.10.0%
Total57.17.15.74.9-55.9%

Top Suppliers of Metal Threading Machine to Vietnam in 2022:

  1. China (436.0 units)
  2. South Korea (227.0 units)
  3. Taiwan (Chinese) (226.0 units)
  4. Japan (178.0 units)
  5. Germany (9.0 units)

Metal Threading Machine Exports in Vietnam

In 2022, approx. 9 units of threading or tapping machines for working metal were exported from Vietnam; which is down by -90.5% compared with 2021. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 332%. As a result, the exports reached the peak of 95 units, and then dropped sharply in the following year.

In value terms, metal threading machine exports fell markedly to $31K in 2022. Over the period under review, exports saw a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 185%. As a result, the exports attained the peak of $387K, and then contracted markedly in the following year.

Export of Metal Threading Machine in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2060.8N/A20.8-53.4%
Thailand9.57.36.48.0-5.6%
Taiwan (Chinese)N/AN/AN/A2.50%
Japan5.4119N/AN/A2103.7%
IndiaN/AN/A346N/A0%
TurkeyN/AN/A34.0N/A0%
Others8.78.8N/AN/A1.1%
Total23013638731.3-48.6%

Top Export Markets for Metal Threading Machine from Vietnam in 2022:

  1. South Korea (6.0 units)
  2. Thailand (2.0 units)
  3. Taiwan (Chinese) (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal threading machine 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 28412280 - Threading or tapping machines for working metal (excluding drilling machines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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