Vietnam - Beer - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBeer Price in Vietnam - 2021
Contents:
- Beer Price in Vietnam (FOB) - 2022
- Beer Price in Vietnam (CIF) - 2022
- Beer Exports in Vietnam
- Beer Imports in Vietnam
Beer Price in Vietnam (FOB) - 2022
The average beer export price stood at $1 per litre in 2022, approximately equating the previous year. Overall, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 6.6%. Over the period under review, the average export prices hit record highs at $1.4 per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Lao People's Democratic Republic ($1 per litre) and Japan ($1 per litre), while the average price for exports to the United Arab Emirates ($0.7 per litre) and Singapore ($1 per litre) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-0.3%), while the prices for the other major destinations experienced a decline.
Beer Price in Vietnam (CIF) - 2022
The average beer import price stood at $1.1 per litre in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2015 an increase of 11%. As a result, import price reached the peak level of $1.1 per litre; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($1.1 per litre) and China ($1.1 per litre), while the price for the United States ($1 per litre) and Thailand ($1.1 per litre) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Beer Exports in Vietnam
Beer exports from Vietnam fell to 80M litres in 2022, declining by -6.8% compared with 2021. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of 85M litres, and then contracted in the following year.
In value terms, beer exports shrank to $77M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports reached the peak of $82M, and then fell in the following year.
| Export of Beer in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.9 | 7.8 | 11.5 | 10.2 | -2.2% |
| Thailand | 5.0 | 9.1 | 9.9 | 8.9 | 21.2% |
| Singapore | 10.5 | 7.8 | 9.2 | 8.1 | -8.3% |
| Australia | 9.6 | 8.6 | 6.7 | 7.1 | -9.6% |
| Indonesia | 2.1 | 2.1 | 7.5 | 6.7 | 47.2% |
| Hong Kong SAR | 2.2 | 8.1 | 6.1 | 5.4 | 34.9% |
| Japan | 6.8 | 4.7 | 4.4 | 4.5 | -12.9% |
| Philippines | 2.6 | 2.9 | 4.6 | 4.1 | 16.4% |
| Lao People's Democratic Republic | 5.8 | 2.7 | 3.4 | 3.4 | -16.3% |
| Kenya | 1.9 | 2.3 | 3.7 | 3.3 | 20.2% |
| Qatar | 1.5 | 2.1 | 2.6 | 2.3 | 15.3% |
| China | 2.8 | 2.3 | 2.3 | 2.1 | -9.1% |
| United Arab Emirates | 3.7 | 1.5 | 1.9 | 2.0 | -18.5% |
| Others | 11.6 | 9.8 | 7.9 | 8.6 | -9.5% |
| Total | 76.9 | 71.8 | 81.6 | 76.7 | -0.1% |
Top Export Markets for Beer from Vietnam in 2022:
- United States (10.6M litres)
- Thailand (9.2M litres)
- Singapore (8.4M litres)
- Australia (7.2M litres)
- Indonesia (7.0M litres)
- Hong Kong SAR (5.6M litres)
- Japan (4.6M litres)
- Philippines (4.2M litres)
- Lao People's Democratic Republic (3.4M litres)
- Kenya (3.4M litres)
- United Arab Emirates (2.7M litres)
- Qatar (2.4M litres)
- China (2.1M litres)
Beer Imports in Vietnam
In 2022, the amount of beer imported into Vietnam declined to 7.1M litres, reducing by -6% compared with the year before. Overall, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports attained the maximum at 16M litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, beer imports dropped to $7.7M in 2022. Over the period under review, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked at $16M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Beer in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.9 | 3.0 | 2.4 | 2.9 | -25.1% |
| Mexico | 2.6 | 1.1 | 1.4 | 1.2 | -22.7% |
| Czech Republic | 1.2 | 0.6 | 1.0 | 0.7 | -16.4% |
| Germany | 1.0 | 0.6 | 0.8 | 0.6 | -15.7% |
| Thailand | 1.8 | 0.3 | 0.3 | 0.6 | -30.7% |
| China | 0.1 | 0.6 | 0.7 | 0.5 | 71.0% |
| Belgium | 0.9 | 0.3 | 0.6 | 0.4 | -23.7% |
| Others | 1.3 | 0.6 | 1.0 | 0.8 | -14.9% |
| Total | 15.9 | 7.1 | 8.2 | 7.7 | -21.5% |
Top Suppliers of Beer to Vietnam in 2022:
- Netherlands (2713.7K litres)
- Mexico (1121.8K litres)
- Czech Republic (633.9K litres)
- Thailand (541.3K litres)
- Germany (523.0K litres)
- China (421.7K litres)
- Belgium (400.4K litres)
This report provides an in-depth analysis of the beer 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 2030.
Product coverage:
- FCL 51 - Beer of Barley
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the beer market in Vietnam.
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This report provides an in-depth analysis of the beer market in Vietnam.
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