Rafts; Inflatable Price in Vietnam - 2022

Contents:

1. Rafts; Inflatable Price in Vietnam (FOB) - 2022
2. Rafts; Inflatable Price in Vietnam (CIF) - 2022
3. Rafts; Inflatable Exports in Vietnam
4. Rafts; Inflatable Imports in Vietnam

Rafts; Inflatable Price in Vietnam (FOB) - 2022

The average rafts; inflatable export price stood at $3,208 per unit in 2022, rising by 69% against the previous year. Over the period under review, the export price showed a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 201%. The export price peaked at $4,002 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,990 per unit), while the average price for exports to Singapore ($2,500 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 the United States (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Rafts; Inflatable Price in Vietnam (CIF) - 2022

In 2022, the average rafts; inflatable import price amounted to $2,702 per unit, dropping by -1.8% against the previous year. Over the period under review, the import price, however, saw a slight expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 1,639%. As a result, import price attained the peak level of $37,647 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 the UK ($4,542 per unit), while the price for China ($2,179 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Exports in Vietnam

In 2022, the amount of rafts; inflatables exported from Vietnam dropped sharply to 850 units, which is down by -16.4% compared with 2021 figures. Overall, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 382% against the previous year. As a result, the exports reached the peak of 1K units, and then shrank significantly in the following year.

In value terms, rafts; inflatable exports soared to $2.7M in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 129% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Rafts; Inflatable from Vietnam in 2022:

1. United States (843.0 units)
2. United Kingdom (3.0 units)

Rafts; Inflatable Imports in Vietnam

In 2022, imports of rafts; inflatables into Vietnam expanded markedly to 511 units, growing by 14% against the year before. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,208%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, rafts; inflatable imports expanded markedly to $1.4M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Imports peaked at $1.4M in 2019; afterwards, it flattened through to 2022.

Top Suppliers of Rafts; Inflatable to Vietnam in 2022:

1. China (359.0 units)
2. Thailand (117.0 units)
3. United Kingdom (29.0 units)

Source: IndexBox Market Intelligence Platform