Vietnam - Gearboxes and Speed Changers For Machinery And Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Gearboxes and Speed Changers in Vietnam - 2021
Contents:
- Price for Gearboxes and Speed Changers in Vietnam (CIF) - 2022
- Price for Gearboxes and Speed Changers in Vietnam (FOB) - 2022
- Imports of Gearboxes and Speed Changers in Vietnam
- Exports of Gearboxes and Speed Changers in Vietnam
Price for Gearboxes and Speed Changers in Vietnam (CIF) - 2022
In 2022, the average gearboxes and speed changers import price amounted to $2,851 per ton, with a decrease of -87.2% against the previous year. In general, the import price saw a sharp setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 13%. The import price peaked at $38,777 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -3.3% per year.
Price for Gearboxes and Speed Changers in Vietnam (FOB) - 2022
In 2022, the average gearboxes and speed changers export price amounted to $18,171 per ton, with an increase of 1.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2017 when the average export price increased by 19% against the previous year. The export price peaked at $22,133 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($19,357 per ton), while the average price for exports to the United Arab Emirates totaled $17,968 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gearboxes and Speed Changers in Vietnam
Gearboxes and speed changers imports into Vietnam soared to 58K tons in 2022, increasing by 557% compared with the previous year. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, gearboxes and speed changers imports shrank notably to $166M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, imports attained the peak of $198M, and then declined markedly in the following year.
Import of Gearboxes and Speed Changers in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.1 | 0.1 | 0.1 | 166 | 1084.0% |
South Korea | 20.9 | 12.6 | 16.0 | N/A | -12.5% |
China | 45.9 | 66.1 | 117 | N/A | 59.7% |
Germany | 13.2 | 12.2 | 12.1 | N/A | -4.3% |
Japan | 14.2 | 13.2 | 23.0 | N/A | 27.3% |
Taiwan (Chinese) | 8.8 | 12.5 | 8.3 | N/A | -2.9% |
Italy | 16.4 | 4.3 | 5.6 | N/A | -41.6% |
Others | 21.6 | 13.1 | 15.9 | N/A | -14.2% |
Total | 141 | 134 | 198 | 166 | 5.6% |
Top Suppliers of Gearboxes and Speed Changers to Vietnam in 2022:
- United Arab Emirates (58.3K tons)
Exports of Gearboxes and Speed Changers in Vietnam
After three years of growth, shipments abroad of gearboxes and speed changers decreased by -12.8% to 3.1K tons in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of 3.6K tons, and then reduced in the following year.
In value terms, gearboxes and speed changers exports contracted to $57M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, the exports attained the peak of $64M, and then contracted in the following year.
Export of Gearboxes and Speed Changers in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 47.8 | 0% |
Myanmar | N/A | N/A | N/A | 8.8 | 0% |
Thailand | 2.9 | 2.7 | 2.8 | N/A | -1.7% |
Japan | 19.8 | 20.6 | 23.8 | N/A | 9.6% |
China | 3.8 | 5.2 | 6.7 | N/A | 32.8% |
Slovenia | 1.1 | 1.2 | 1.2 | N/A | 4.4% |
United States | 5.0 | 6.7 | 13.0 | N/A | 61.2% |
Indonesia | 1.4 | 1.0 | 1.4 | N/A | 0.0% |
Netherlands | 2.1 | 2.5 | 3.9 | N/A | 36.3% |
Pakistan | 4.0 | 1.5 | 1.2 | N/A | -45.2% |
Others | 5.1 | 8.0 | 9.9 | N/A | 39.3% |
Total | 45.3 | 49.3 | 64.1 | 56.7 | 7.8% |
Top Export Markets for Gearboxes and Speed Changers from Vietnam in 2022:
- United Arab Emirates (2.7K tons)
- Myanmar (0.5K tons)
This report provides an in-depth analysis of the market for gearboxes and speed changers 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 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
- Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
- Prodcom 28152434 - Gear boxes ..., worm gear boxes
- Prodcom 28152440 - Other gear boxes
- Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
- Prodcom 28152473 - Ball or roller screws
- Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the market for gearboxes and speed changers in Vietnam.
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements in Vietnam.
This report provides an in-depth analysis of the flywheels and pulleys market in Vietnam.
This report provides an in-depth analysis of the cranks and crankshafts market in Vietnam.
This report provides an in-depth analysis of the shaft coupling market in Vietnam.
This report provides an in-depth analysis of the cardan shafts market in Vietnam.
This report provides an in-depth analysis of the market for bearing housing without ball bearing in Vietnam.
This report provides an in-depth analysis of the market for bearing housing with ball bearing in Vietnam.
This report provides an in-depth analysis of the global market for gearboxes and speed changers.
Global Roller Screw Market Report 2018. This report provides an in-depth analysis of the global roller screw market.
Discover the leading countries in the import of gearboxes and speed changers. Explore the key statistics and market insights provided by IndexBox market intelligence platform.
Discover the leading countries in the import of gearboxes and speed changers. Explore the key statistics and market insights provided by IndexBox market intelligence platform.