Vietnam Hinges Import Research Report 2024-2033

Description

Vietnam Hinges Import

Hinges are mechanical devices used to connect two objects, allowing them to rotate or open and close relative to each other. They are commonly found in doors, windows, boxes, and furniture. Hinges allow one side to be fixed while the other side can rotate or swing, enabling flexible movement. As a common hardware component, hinges are widely used in home decoration (e.g., cabinets, wardrobes, bathroom cabinets, shoe cabinets, and bookshelves), as well as in commercial and industrial applications (e.g., doors, windows, machinery, and display cabinets).

According to CRI, with the rapid development of global construction, infrastructure, automotive industries, and industrial equipment, the demand for hinges is steadily increasing, especially in emerging markets. The major global producers of hinges include the United States, Japan, China, Germany, and South Korea, which have strong manufacturing capabilities and can produce high-quality hinge products.

From the perspective of market demand, North America, Europe, the Middle East, and the Asia-Pacific region are the main consumers of hinges worldwide. In the Asia-Pacific region, countries like China, India, and Southeast Asia have been driving the demand for hinges, fueled by continued economic growth, improving consumer purchasing power, and the rapid development of home decoration, commercial facilities, and industrial equipment. As a result, the global hinge market holds significant development potential.

In recent years, the rapid growth of construction, furniture, and manufacturing industries in Vietnam has fueled the development of the country’s hinge industry. However, compared to major hinge-producing countries such as China and Germany, Vietnam’s production capacity and technology levels remain relatively low. As the Vietnamese economy continues to grow and living standards improve, the demand for high-quality and innovative hinge designs is also on the rise.

According to CRI, Vietnam’s hinge market is highly dependent on imported products, especially high-end and specialty hinges. In 2023, Vietnam’s total imports of hinges amounted to USD 196 million, and in the first half of 2024, imports had already reached nearly USD 111 million, with continued growth expected in the coming years.

CRI’s analysis indicates that the primary sources of hinge imports to Vietnam include China, Hong Kong, Italy, South Korea, and Japan. China, due to its proximity, complete industrial chain, and cost-effective products, is a key supplier of hinges to Vietnam. From 2021 to 2024, China, Hong Kong, and Italy were the top three sources of hinge imports to Vietnam. Key exporters to Vietnam include companies such as LUXSHARE PRECISION LIMITED, SAMSUNG ELECTRONICS H K CO LTD, and SHIN ZU SHING CO LTD. Key importers in Vietnam include WILLTECH VINA CO LTD, LXVT, and GOERTEK TECHNOLOGY VINA COMPANY.

As Vietnam’s domestic markets for construction, infrastructure, home decor, and manufacturing continue to expand, the demand for hinges is expected to grow. Due to limited domestic production capacity, Vietnam will continue to rely on imports of hinges in the coming years. CRI predicts that the Vietnamese hinge market will continue to grow in size, and the import trend will persist. CRI recommends that foreign hinge manufacturers research the Vietnamese market and prepare for potential factory investments to capture opportunities in the growing hinge market in Vietnam.

 

Topics covered:

• The Import and Export of Hinges in Vietnam (2021-2024)
• Total Import Volume and Percentage Change of Hinges in Vietnam (2021-2024)
• Total Import Value and Percentage Change of Hinges in Vietnam (2021-2024)
• Total Import Volume and Percentage Change of Hinges in Vietnam (2024)
• Total Import Value and Percentage Change of Hinges in Vietnam (2024)
• Average Import Price of Hinges in Vietnam (2021-2024)
• Top 10 Sources of Hinges Imports in Vietnam and Their Supply Volume
• Top 10 Suppliers in the Import Market of Hinges in Vietnam and Their Supply Volume
• Top 10 Importers of Hinges in Vietnam and Their Import Volume
• How to Find Distributors and End Users of Hinges in Vietnam
• How Foreign Enterprises Enter the Hinges Market of Vietnam
• Forecast for the Import of Hinges in Vietnam (2024-2033)

 

Table of Contents

1 Overview of Vietnam

1.1 Geography of Vietnam

1.2 Economic Condition of Vietnam

1.3 Demographics of Vietnam

1.4 Domestic Market of Vietnam

1.5 Recommendations for Foreign Enterprises Entering Vietnam Hinges Imports Market

 

2 Analysis of Hinges Imports in Vietnam (2021-2024)

2.1 Import Scale of Hinges in Vietnam

2.1.1 Import Value and Volume of Hinges in Vietnam

2.1.2 Import Prices of Hinges in Vietnam

2.1.3 Apparent Consumption of Hinges in Vietnam

2.1.4 Import Dependency of Hinges in Vietnam

2.2 Major Sources of Hinges Imports in Vietnam

 

3 Analysis of Major Sources of Hinges Imports in Vietnam (2021-2024)

3.1 China

3.1.1 Analysis of Vietnam’s Hinges Import Volume and Value from China

3.1.2 Analysis of Average Import Price

3.2 Singapore

3.2.1 Analysis of Vietnam’s Hinges Import Volume and Value from Singapore

3.2.2 Analysis of Average Import Price

3.3 South Korea

3.3.1 Analysis of Vietnam’s Hinges Import Volume and Value from South Korea

3.3.2 Analysis of Average Import Price

3.4 Japan

3.5 Thailand

3.6 Hong Kong

 

4 Analysis of Major Suppliers in the Import Market of Hinges in Vietnam (2021-2024)

4.1 HANMEGA CO LTD

4.1.1 Company Introduction

4.1.2 Analysis of Hinges Exports to Vietnam

4.2 NTN BEARING-SINGAPORE (PTE)LTD

4.2.1 Company Introduction

4.2.2 Analysis of Hinges Exports to Vietnam

4.3 NACHI TECHNOLOGY (THAILAND) CO LTD

4.3.1 Company Introduction

4.3.2 Analysis of Hinges Exports to Vietnam

4.4 Exporter 4

4.4.1 Company Introduction

4.4.2 Analysis of Hinges Exports to Vietnam

4.5 Exporter 5

4.5.1 Company Introduction

4.5.2 Analysis of Hinges Exports to Vietnam

4.6 Exporter 6

4.6.1 Company Introduction

4.6.2 Analysis of Hinges Exports to Vietnam

4.7 Exporter 7

4.7.1 Company Introduction

4.7.2 Analysis of Hinges Exports to Vietnam

4.8 Exporter 8

4.8.1 Company Introduction

4.8.2 Analysis of Hinges Exports to Vietnam

4.9 Exporter 9

4.9.1 Company Introduction

4.9.2 Analysis of Hinges Exports to Vietnam

4.10 Exporter 10

4.10.1 Company Introduction

4.10.2 Analysis of Hinges Exports to Vietnam

 

5 Analysis of Major Importers in the Import Market of Hinges in Vietnam (2021-2024)

5.1 HANMEGA VINA CO LTD

5.1.1 Company Introduction

5.1.2 Analysis of Hinges Imports

5.2 NSK VIETNAM CO LTD

5.2.1 Company Introduction

5.2.2 Analysis of Hinges Imports

5.3 NTN BEARING VIETNAM CO LTD

5.3.1 Company Introduction

5.3.2 Analysis of Hinges Imports

5.4 Importer 4

5.4.1 Company Introduction

5.4.2 Analysis of Hinges Imports

5.5 Importer 5

5.5.1 Company Introduction

5.5.2 Analysis of Hinges Imports

5.6 Importer 6

5.6.1 Company Introduction

5.6.2 Analysis of Hinges Imports

5.7 Importer 7

5.7.1 Company Introduction

5.7.2 Analysis of Hinges Imports

5.8 Importer 8

5.8.1 Company Introduction

5.8.2 Analysis of Hinges Imports

5.9 Importer 9

5.9.1 Company Introduction

5.9.2 Analysis of Hinges Imports

5.10 Importer 10

5.10.1 Company Introduction

5.10.2 Analysis of Hinges Imports

 

6. Monthly Analysis of Hinges Imports in Vietnam from 2021 to 2024

6.1 Analysis of Monthly Import Value and Volume

6.2 Forecast of Monthly Average Import Prices

 

7. Key Factors Affecting Hinges Imports in Vietnam

7.1 Policy

7.1.1 Current Import Policies

7.1.2 Trend Predictions for Import Policies

7.2 Economic

7.2.1 Market Prices

7.2.2 Growth Trends of Hinges Production Capacity in Vietnam

7.3 Technology

 

8. Forecast for the Import of Hinges in Vietnam, 2024-2033

 

LIST OF CHARTS

Chart 2021-2024 Import Value and Volume of Hinges in Vietnam

Chart 2021-2024 Average Import Price of Hinges in Vietnam

Chart 2021-2024 Import Dependency of Hinges in Vietnam

Chart Top 10 Import Sources of Hinges in Vietnam (2021-2024)

Chart Top 10 Import Sources of Hinges in Vietnam (2022)

Chart Top 10 Import Sources of Hinges in Vietnam (2023)

Chart Top 10 Import Sources of Hinges in Vietnam (2024)

Chart Top 10 Suppliers of Hinges Imports in Vietnam (2021-2024)

Chart Top 10 Suppliers of Hinges Imports in Vietnam (2022)

Chart Top 10 Suppliers of Hinges Imports in Vietnam (2023)

Chart Top 10 Suppliers of Hinges Imports in Vietnam (2024)

Chart Value and Volume of Hinges Imported from China to Vietnam (2021-2024)

Chart Value and Volume of Hinges Imported from Singapore to Vietnam (2021-2024)

Chart Value and Volume of Hinges Imported from South Korea to Vietnam (2021-2024)

Chart Value and Volume of Hinges Imported from Japan to Vietnam (2021-2024)

Chart Top 10 Importers of Hinges in Vietnam (2021-2024)

Chart Top 10 Importers of Hinges in Vietnam (2022)

Chart Top 10 Importers of Hinges in Vietnam (2023)

Chart Top 10 Importers of Hinges in Vietnam (2024)

Chart Forecast for the Import of Hinges in Vietnam (2024-2033)