Vietnam - Dried Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Dried Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights

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Dried Vegetables Price in Vietnam - 2021

Contents:

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

Dried Vegetables Price in Vietnam (CIF) - 2022

In 2022, the average dried vegetables import price amounted to $3,856 per ton, approximately reflecting the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2017 an increase of 7.1% against the previous year. Over the period under review, average import prices attained the peak figure at $4,782 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($3,948 per ton), while the price for China ($3,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-1.9%), while the prices for the other major suppliers experienced a decline.

Dried Vegetables Price in Vietnam (FOB) - 2022

In 2022, the average dried vegetables export price amounted to $4,544 per ton, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. The export price peaked at $4,932 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($4,954 per ton) and Lao People's Democratic Republic ($4,632 per ton), while the average price for exports to Ukraine ($4,237 per ton) and South Korea ($4,362 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Vegetables Imports in Vietnam

In 2022, imports of dried vegetables and mixtures of vegetables into Vietnam expanded modestly to 8.2K tons, picking up by 4.5% on the year before. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 347%. As a result, imports attained the peak of 8.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dried vegetables imports rose remarkably to $32M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 322%. As a result, imports attained the peak of $34M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Dried Vegetables in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.731.626.628.855.2%
ThailandN/A0.71.81.755.8%
India0.10.60.60.571.0%
Others0.20.81.00.751.8%
Total8.033.630.031.858.4%

Top Suppliers of Dried Vegetables to Vietnam in 2022:

  1. China (7.5K tons)
  2. Thailand (0.4K tons)
  3. India (0.1K tons)

Dried Vegetables Exports in Vietnam

In 2022, overseas shipments of dried vegetables and mixtures of vegetables were finally on the rise to reach 3.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep setback.

In value terms, dried vegetables exports skyrocketed to $17M in 2022. Overall, exports, however, recorded a perceptible slump.

Export of Dried Vegetables in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic11.912.75.49.1-8.6%
Japan4.54.04.64.3-1.5%
Thailand0.51.70.20.711.9%
Cambodia0.20.20.60.644.2%
United States0.30.40.70.626.0%
Others1.31.81.31.42.5%
Total18.820.812.716.7-3.9%

Top Export Markets for Dried Vegetables from Vietnam in 2022:

  1. Lao People's Democratic Republic (1960.1 tons)
  2. Japan (989.0 tons)
  3. Thailand (146.4 tons)
  4. United States (142.0 tons)
  5. Cambodia (134.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried vegetables 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:

  • Prodcom 10391390 - Dried vegetables (excluding potatoes, onions, mushrooms and truffles) and mixtures of vegetables, whole, cut, sliced, b roken or in powder, but not further prepared

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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