Vietnam - Frozen Salmonoids - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Frozen Salmonoids - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Salmonoids Price in Vietnam - 2021

Contents:

  1. Frozen Salmonoids Price in Vietnam (CIF) - 2022
  2. Frozen Salmonoids Price in Vietnam (FOB) - 2022
  3. Frozen Salmonoids Imports in Vietnam
  4. Frozen Salmonoids Exports in Vietnam

Frozen Salmonoids Price in Vietnam (CIF) - 2022

The average frozen salmonoids import price stood at $3,909 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $4,514 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 Denmark ($6,142 per ton), while the price for India ($1,624 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Salmonoids Price in Vietnam (FOB) - 2022

The average frozen salmonoids export price stood at $2,752 per ton in 2022, with an increase of 5.6% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 112%. The export price peaked at $4,424 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($4,843 per ton), while the average price for exports to the United Arab Emirates ($811 per ton) 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 (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Salmonoids Imports in Vietnam

In 2022, frozen salmonoids imports into Vietnam reduced rapidly to 371 tons, falling by -31.9% on 2021 figures. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 153% against the previous year.

In value terms, frozen salmonoids imports shrank notably to $1.5M in 2022. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 173%.

Import of Frozen Salmonoids in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan13,8995361,439863-60.4%
Chile3,82321.8135121-68.4%
Russia2,35267.045.6116-63.3%
Japan1,30861.311597.8-57.9%
Norway56029.412989.8-45.7%
Denmark84712.710261.2-58.3%
Poland31513.843.225.5-56.7%
Others88234.711576.2-55.8%
Total23,9887772,1251,451-60.7%

Top Suppliers of Frozen Salmonoids to Vietnam in 2022:

  1. Pakistan (257.4 tons)
  2. Chile (21.8 tons)
  3. Russia (19.7 tons)
  4. Norway (16.6 tons)
  5. Japan (16.2 tons)
  6. Poland (14.1 tons)
  7. Denmark (10.0 tons)

Frozen Salmonoids Exports in Vietnam

After two years of decline, overseas shipments of frozen salmonoids increased by 4.6% to 97 tons in 2022. Overall, exports, however, showed a deep downturn.

In value terms, frozen salmonoids exports rose rapidly to $267K in 2022. Over the period under review, exports, however, recorded a sharp shrinkage.

Export of Frozen Salmonoids in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia23412686.282.0-29.5%
Czech Republic66.14.336.937.4-17.3%
Belgium40.724.819.220.6-20.3%
United States43.424.517.217.8-25.7%
Egypt41.023.116.516.4-26.3%
Bahrain22.015.113.115.9-10.3%
JapanN/AN/AN/A14.60%
Colombia32.314.712.212.4-27.3%
Taiwan (Chinese)54.02.10.28.1-46.9%
Oman19.310.16.86.2-31.5%
Sri Lanka15.78.45.65.3-30.4%
Lao People's Democratic Republic3.53.92.82.9-6.1%
United Arab Emirates4.42.21.41.2-35.2%
Others62.833.123.526.3-25.2%
Total639292242267-25.2%

Top Export Markets for Frozen Salmonoids from Vietnam in 2022:

  1. Saudi Arabia (36.5 tons)
  2. Czech Republic (10.9 tons)
  3. Bahrain (8.1 tons)
  4. Egypt (7.5 tons)
  5. Belgium (5.4 tons)
  6. United States (4.7 tons)
  7. Japan (3.9 tons)
  8. Lao People's Democratic Republic (3.5 tons)
  9. Oman (3.1 tons)
  10. Colombia (2.6 tons)
  11. Taiwan (Chinese) (1.7 tons)
  12. United Arab Emirates (1.5 tons)
  13. Sri Lanka (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen salmonoids market 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 2025.

Product coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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