Price for Cereal Grains; Rolled or Flaked, of Oats in Vietnam - 2022

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Vietnam (CIF) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Vietnam (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Vietnam
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Vietnam

Price for Cereal Grains; Rolled or Flaked, of Oats in Vietnam (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of oatses amounted to $997 per ton, surging by 12% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The import price peaked at $2,038 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($980 per ton) and the United States ($980 per ton), while the price for Canada ($980 per ton) and Malaysia ($980 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Oats in Vietnam (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of oatses stood at $840 per ton in 2022, standing approx. at the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $1,230 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($865 per ton), while the average price for exports to Lao People's Democratic Republic ($280 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 Indonesia (+35.5%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Vietnam

Imports of cereal grains; rolled or flaked, of oatses into Vietnam surged to 4.1K tons in 2022, with an increase of 20% on 2021 figures. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of cereal grains; rolled or flaked, of oatses skyrocketed to $4.1M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +26.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Vietnam in 2022:

1. Australia (3689.7 tons)
2. Canada (110.4 tons)
3. United States (89.7 tons)
4. Malaysia (64.1 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Vietnam

In 2022, overseas shipments of cereal grains; rolled or flaked, of oatses decreased by -49.4% to 36 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw prominent growth. The growth pace was the most rapid in 2020 with an increase of 83% against the previous year.

In value terms, exports of cereal grains; rolled or flaked, of oatses reduced notably to $30K in 2022. Overall, exports, however, posted buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 96% against the previous year.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Vietnam in 2022:

1. Japan (18.4 tons)
2. Philippines (14.3 tons)
3. Lao People's Democratic Republic (1.6 tons)
4. Thailand (1.3 tons)

Source: IndexBox Market Intelligence Platform