Vietnam - Window Or Wall Air Conditioning Systems, Self-Contained Or Split-Systems - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Vietnam - Window Or Wall Air Conditioning Systems, Self-Contained Or Split-Systems - Market Analysis, Forecast, Size, Trends And Insights

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Price for Window, Wall, or Split Air Conditioning System in Vietnam - 2022

Contents:

  1. Price for Window, Wall, or Split Air Conditioning System in Vietnam (CIF) - 2022
  2. Price for Window, Wall, or Split Air Conditioning System in Vietnam (FOB) - 2022
  3. Imports of Window, Wall, or Split Air Conditioning System in Vietnam
  4. Exports of Window, Wall, or Split Air Conditioning System in Vietnam

Price for Window, Wall, or Split Air Conditioning System in Vietnam (CIF) - 2022

The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $349 per unit in 2022, shrinking by -2.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $425 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($349 per unit), while the price for China ($349 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Window, Wall, or Split Air Conditioning System in Vietnam (FOB) - 2022

The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $268 per unit in 2022, growing by 11% against the previous year. In general, the export price, however, showed a slight slump. The growth pace was the most rapid in 2020 when the average export price increased by 39%. As a result, the export price reached the peak level of $416 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($300 per unit) and Thailand ($269 per unit), while the average price for exports to the Philippines ($268 per unit) and Taiwan (Chinese) ($268 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 Indonesia (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Window, Wall, or Split Air Conditioning System in Vietnam

In 2022, imports of window or wall air conditioning systems, self-contained or split-systems into Vietnam was estimated at 2.2M units, picking up by 2.7% on 2021 figures. Overall, imports, however, showed a slight curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 7.7% against the previous year. As a result, imports attained the peak of 2.4M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems declined slightly to $755M in 2022. In general, imports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2020 when imports increased by 1.5%. As a result, imports attained the peak of $803M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Window, Wall, or Split Air Conditioning System in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand472480444422-3.7%
Malaysia2242282202513.9%
China64.258.868.670.02.9%
Indonesia13.221.113.90.5-66.4%
Others17.713.98.811.2-14.1%
Total790803755755-1.5%

Top Suppliers of Window, Wall, or Split Air Conditioning System to Vietnam in 2022:

  1. Thailand (1211.3K units)
  2. Malaysia (719.7K units)
  3. China (200.7K units)
  4. Indonesia (1.5K units)

Exports of Window, Wall, or Split Air Conditioning System in Vietnam

Exports of window or wall air conditioning systems, self-contained or split-systems from Vietnam surged to 140K units in 2022, increasing by 36% against the year before. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 356%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems surged to $38M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 165%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Window, Wall, or Split Air Conditioning System in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/A21.936.566.7%
Philippines1.6N/A0.10.1-60.3%
India4.27.2N/A0.1-71.2%
AustraliaN/A0.81.4N/A75.0%
Others1.31.41.70.9-11.5%
Total7.29.425.037.673.5%

Top Export Markets for Window, Wall, or Split Air Conditioning System from Vietnam in 2022:

  1. Taiwan (Chinese) (136.2K units)
  2. Philippines (0.5K units)
  3. India (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for window, wall, or split air conditioning 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems

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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