Vietnam - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCitrus Fruit Price in Vietnam - 2022
Contents:
- Citrus Fruit Price in Vietnam (CIF) - 2022
- Citrus Fruit Price in Vietnam (FOB) - 2022
- Citrus Fruit Imports in Vietnam
- Citrus Fruit Exports in Vietnam
Citrus Fruit Price in Vietnam (CIF) - 2022
The average citrus fruit import price stood at $1,178 per ton in 2022, rising by 18% against the previous year. In general, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2013 an increase of 35%. Over the period under review, average import prices reached the maximum at $1,530 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($1,263 per ton) and China ($1,191 per ton), while the price for Egypt ($886 per ton) and the United States ($916 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Citrus Fruit Price in Vietnam (FOB) - 2022
In 2022, the average citrus fruit export price amounted to $1,151 per ton, picking up by 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2014 an increase of 13%. The export price peaked at $1,171 per ton in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,703 per ton), while the average price for exports to Cambodia ($551 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 Cambodia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Citrus Fruit Imports in Vietnam
In 2022, supplies from abroad of citrus fruits increased by 366% to 264K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, citrus fruit imports surged to $312M in 2022. Over the period under review, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Citrus Fruit in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 229 | 131 | 35.6 | 280 | 6.9% |
| Australia | 11.0 | 13.0 | 10.4 | 19.4 | 20.8% |
| United States | N/A | 4.3 | 5.6 | 5.0 | 7.8% |
| Egypt | 6.7 | 4.1 | 4.4 | 4.5 | -12.4% |
| Others | 0.9 | 1.4 | 0.6 | 2.3 | 36.7% |
| Total | 247 | 153 | 56.6 | 312 | 8.1% |
Top Suppliers of Citrus Fruit to Vietnam in 2022:
- China (235.4K tons)
- Australia (15.3K tons)
- United States (5.4K tons)
- Egypt (5.1K tons)
Citrus Fruit Exports in Vietnam
For the fourth consecutive year, Vietnam recorded growth in overseas shipments of citrus fruits, which increased by 35% to 67K tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, citrus fruit exports surged to $77M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Citrus Fruit in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 11.4 | 15.4 | 18.0 | 66.7 | 80.2% |
| Lao People's Democratic Republic | 0.4 | 0.8 | 0.8 | 1.7 | 62.0% |
| Hong Kong SAR | 0.4 | 0.5 | 1.7 | 1.6 | 58.7% |
| Canada | 0.4 | 1.7 | 1.8 | 1.3 | 48.1% |
| Netherlands | 10.7 | 9.3 | 12.9 | 0.9 | -56.2% |
| Singapore | 2.0 | 1.9 | 1.8 | 0.2 | -53.6% |
| Qatar | 1.9 | 2.2 | 1.6 | 0.1 | -62.5% |
| Oman | 4.3 | 7.2 | 6.5 | N/A | 22.9% |
| Others | 6.8 | 7.3 | 9.3 | 4.3 | -14.2% |
| Total | 38.4 | 46.2 | 54.4 | 76.8 | 26.0% |
Top Export Markets for Citrus Fruit from Vietnam in 2022:
- Oman (undefinedK tons)
- United Arab Emirates (56.0K tons)
- Lao People's Democratic Republic (2.4K tons)
- Hong Kong SAR (1.8K tons)
- Canada (1.3K tons)
- Netherlands (1.1K tons)
- Singapore (0.2K tons)
- Qatar (0.1K tons)
This report provides an in-depth analysis of the citrus fruit 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 507 - Grapefruit and pomelo
- FCL 497 - Lemons and limes
- FCL 490 - Oranges
- FCL 495 - Tangerines, mandarins, clementines, satsumas
- FCL 512 - Citrus fruit nes
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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 citrus fruit market in Vietnam.
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The global citrus fruit market revenue amounted to $114.3B in 2018, remaining constant against the previous year. This fig...
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Spain seized control of the citrus fruit market. In 2014, Spain exported X thousand tons of citrus fruits totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its total citrus f
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Grapefruit prices in the U.S. are forecast to keep growing with limited domestic supply and rising fertilizer and logistical costs. Global grapefruit production is set to grow by 4% to 7M tons in 2022 with favourable weather and a larger area in Mexico, South Africa, Turkey and China.
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Global grapefruit exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
