Frozen Strawberries Price in Vietnam - 2021
Contents:
- Frozen Strawberries Price in Vietnam (CIF) - 2022
- Frozen Strawberries Price in Vietnam (FOB) - 2022
- Frozen Strawberries Imports in Vietnam
- Frozen Strawberries Exports in Vietnam
Frozen Strawberries Price in Vietnam (CIF) - 2022
The average frozen strawberries import price stood at $1,698 per ton in 2022, with an increase of 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. Over the period under review, average import prices attained the maximum at $1,911 per ton in 2018; however, from 2019 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 Turkey ($1,803 per ton) and China ($1,678 per ton), while the price for Egypt ($1,334 per ton) and Morocco ($1,633 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced a decline.
Frozen Strawberries Price in Vietnam (FOB) - 2022
The average frozen strawberries export price stood at $1,947 per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $2,306 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($3,192 per ton), while the average price for exports to Singapore ($832 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 Saudi Arabia (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Imports in Vietnam
In 2022, imports of frozen strawberrieses into Vietnam shrank rapidly to 718 tons, which is down by -23.3% on the previous year. In general, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year.
In value terms, frozen strawberries imports shrank sharply to $1.2M in 2022. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 67%.
| Import of Frozen Strawberries in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,865 | 807 | 1,355 | 1,081 | -16.6% |
| Morocco | 46.0 | 46.3 | 42.9 | 34.2 | -9.4% |
| Turkey | N/A | N/A | N/A | 22.5 | 0% |
| Others | 128 | 61.0 | 126 | 81.2 | -14.1% |
| Total | 2,039 | 914 | 1,524 | 1,219 | -15.8% |
Top Suppliers of Frozen Strawberries to Vietnam in 2022:
- China (644.1 tons)
- Morocco (20.9 tons)
- Turkey (12.5 tons)
Frozen Strawberries Exports in Vietnam
In 2022, the amount of frozen strawberrieses exported from Vietnam reduced dramatically to 49 tons, with a decrease of -21.2% against 2021 figures. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% 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 +36.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of 62 tons, and then fell sharply in the following year.
In value terms, frozen strawberries exports contracted rapidly to $95K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. As a result, the exports reached the peak of $122K, and then plummeted in the following year.
| Export of Frozen Strawberries in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 32.0 | 0% |
| Iceland | 33.7 | 21.2 | 6.6 | 19.5 | -16.7% |
| Singapore | 14.2 | 9.4 | 3.5 | 9.1 | -13.8% |
| South Korea | N/A | 29.5 | 41.2 | N/A | 39.7% |
| New Zealand | N/A | N/A | 18.0 | N/A | 0% |
| Serbia | 25.5 | N/A | N/A | N/A | 0% |
| Israel | N/A | N/A | 29.3 | N/A | 0% |
| Others | 6.8 | 8.9 | 23.1 | 34.8 | 72.3% |
| Total | 80.3 | 68.9 | 122 | 95.4 | 5.9% |
Top Export Markets for Frozen Strawberries from Vietnam in 2022:
- Netherlands (15.7 tons)
- Singapore (10.9 tons)
- Iceland (6.1 tons)
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