In 2021, the Vietnamese market for pulley tackle and hoists powered by an electric motor was finally on the rise to reach $X for the first time since 2015, thus ending a five-year declining trend. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.
Exports of pulley tackle and hoists powered by Vietnam were significantly reduced to X units in 2021, down -X% compared to 2020. Overall, exports face a sharp decline. The rate of growth was fastest in 2014, with an increase of X% over the previous year. The export volume reached its peak in 2012; however, from 2013 to 2021, the export is still at a low level.
Exports of electric motor driven pulley tackle and lifts dropped sharply to $X in value terms in 2021. Overall, exports continued to show a marked decline. The most prominent growth rate was in 2014, an increase of X% over the previous year. Exports peaked at $X in 2012; however, exports failed to regain momentum from 2013 to 2021.
Camboya (X units) is the main export destination of Vietnam's electric pulleys and lifts in 2019, accounting for about X% of total exports.
From 2012 to 2021, Cambodia will grow at an average annual rate of +X%. In terms of value, Cambodia ($X) remains the main foreign market for export of motor-driven tackle and cranes from Vietnam. From 2012 to 2021, Cambodia's value will grow at an average annual rate of +X%.
In 2021, the number of pulley tackle and hoists driven by electric motors imported into Vietnam dropped to X units, a decrease of -X% compared to the previous year. Imports continued to show a deep contraction during the reporting period. The rate of growth appears to be fastest in 2015, with an increase of X%. As a result, imports peaked at station X. Import growth fails to regain momentum from 2016 to 2021.
In value terms, imports of pulley tackle and hoists driven by electric motors increased sharply to $X in 2021. Overall, however, imports continued to show a relatively flat trend pattern. The most prominent growth rate was in 2015, when imports increased by X%. As a result, imports peak at $X. Import growth fails to regain momentum from 2016 to 2021.
Alemania (X units), South Korea (X units) and China (X units) are the main suppliers of imported electric motor power pulleys and lifts to Vietnam, together accounting for X% of the total imports. Taiwan (China), US, Japón y Bulgaria are somewhat lagging behind, together accounting for 2012-2021, among the major suppliers, the most significant growth in procurement is the US (+X% CAGR), while the other leaders The growth rate of imports is relatively moderate.
By value, the largest pulley tackle and lifts powered by electric motor suppliers to Vietnam are South Korea ($X), China ($X) and Germany ($X), which together account for X% of total imports. Japan, Taiwan (China), Bulgaria and the U.S. lag behind slightly, accounting for X terms combined as major suppliers, with the U.S. recording the highest growth rate in import value during the period under review at a CAGR of +X%, while the other major suppliers Purchases from suppliers grew at a more modest pace.
In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Vietnam were South Korea, China and Germany, together comprising 60% of total imports. These countries were followed by Japan, Taiwan Chinese), Bulgaria and the Estados Unidos, which together accounted for a further 36%.
In value terms, Cambodia remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Vietnam.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $1,520 per unit, surging by 54% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $51 per unit, with an increase of 16% against the previous year.
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