13 Years Professional Faucet Manufacturer

E-mail: info@vigafaucet.com

Tel:+86-750-2738266

Blog

The Vietnamese Sanitary Ware Market Is In Decline. Sales Are Only 30% Of The Same Period Last Year

vietnamese sanitary ware market

The Vietnamese Sanitary Ware Market Is In Decline

According to Vietnamese media reports, the building materials sector in Vietnam is still affected by the epidemic from 2020 to the present. In 2020, Vietnam’s construction industry grew by 6.76%. This is the lowest growth rate for the period 2016-2020. The stagnation in construction activity has led to a sharp decline in the consumption of vietnamese sanitary ware market. The sanitary sector is expected to remain difficult this year before the construction and real estate markets have really recovered strongly.

A survey of sanitary ware shops in Hanoi, Vietnam, showed that the number of customers was far less than at this time in 2019. A general agent of a sanitary ware brand on Hoang Quoc Viet Street in Hanoi said that very few customers had come into the shop from the beginning of the year until now. Meanwhile, some imported products have seen their import prices rise due to the epidemic. Compared to the same period last year, sales are only about 30%.

Nguyen Quoc Dung, deputy general director of Videc Vietnam Real Estate Company, said that from early 2020 to early 2021, all property activities were delayed due to the epidemic. With the delay in projects currently under construction, plans for the latter have had to be postponed. As a result, imports of building materials such as sanitary ware and steel have also been interrupted.

According to architects’ firm Chen Hui Huang, not only has production of sanitary ware fallen recently due to economic difficulties, but consumers’ choice of branded products also tends to diminish. Imported high-end brands have been relatively more affected, while local Vietnamese brands and imported mid-and low-end products have been welcomed.

Kitchen and bathroom information query customs data learned that January-April 2021 6910 code goods exports increased significantly. 2018 January-April to 2021 January-April period were exported in the amount of 58,665,624 yuan , 586,711,878 yuan , 748,812,131 yuan , 1,390,609,709 yuan . Hubei, Yunnan, Chongqing, Shandong, and Jiangsu saw large increases, in addition to three new registrations in Heilongjiang, Xinjiang, and Tianjin. Vietnamese Sanitary Ware Market

  Amount (RMB yuan)
Product code Name of registered office 2021 2020 2019 2018
6910 Ceramics Washbasins, washbasins, basin seats, baths, bidets, flush toilets, cisterns, urinals and similar fixed sanitary fittings Guangdong Province 495,953,843 252,544,764 212,950,722 25,963,483
Shandong Province 193,939,954 41,813,902 13.245,854 70,010
Jiangsu Province 116,879,659 27,758,785 13,216,481 793,899
Guangxi Zhuangzhuang Zigong 97,540,679 89,430,345 126,004,909 8,609,845
Jiangxi 91,254,085 118.981,992 52.234,284 12,271,161
Chongqing 75,314,358 6.916,336 37,503,183 5.316,391
Fujian 74,285,681 33,694,230 43,404,479 529,495
Hubei 50.052,350 840 12,588,644 0
Hunan 46.607,372 58.941,042 18.458,582 1.013,520
Yunnan Province 37.776,793 4,500 26,021,679 0
Hebei Province 34,561,688 16,698,439 2,303,491 95,850
Anhui Province 21,815,185 23.686,670 6,493,228 1.188,733
Zhejiang Province 19,945,410 34,723,947 3.515,635 410,534
Sichuan Province 18,842,183 28,941,785 11,071,964 223,528
Shanxi Province 7.842,711 3,070,705 0
Inner Mongolia Autonomous Region 2.792,450 3.151,429 0 0
Shanghai 1,911,564 1.941,613 1,806,602 183,888
Henan Province 1,035,479 2,097,633 1,385,232 0
Heilongjiang 794,879 0 1,906,710 0
Xinjiang Uygurg 658,783 0 0 0
Hainan Province 511,591 1,612,643 0 0
Tianjin 285,852 0 2,748 0
Beijing 7.160 2.541 910,187 17,163
Liaoning 0 2.797,990 0 0
Ningxia Hui self-charging 0 0 687,485 0
Gansu Province 0 0 999,779 0
Guizhou Province 0 0 0 1,321,068
Shaanxi Province 0 0 0 657,056
Prev:
Next: