Vietnam - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFructose Price in Vietnam - 2022
Contents:
- Fructose Price in Vietnam (CIF) - 2022
- Fructose Price in Vietnam (FOB) - 2022
- Fructose Imports in Vietnam
- Fructose Exports in Vietnam
Fructose Price in Vietnam (CIF) - 2022
In 2022, the average fructose import price amounted to $1,427 per ton, growing by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $1,878 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,707 per ton) and Malaysia ($1,707 per ton), while the price for Bulgaria ($1,342 per ton) and Turkey ($1,346 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Fructose Price in Vietnam (FOB) - 2022
The average fructose export price stood at $1,517 per ton in 2022, waning by -11.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 26% against the previous year. As a result, the export price attained the peak level of $1,941 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,518 per ton), while the average price for exports to the United States totaled $1,516 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.2%).
Fructose Imports in Vietnam
In 2022, fructose imports into Vietnam skyrocketed to 105K tons, increasing by 51% compared with 2021. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fructose imports surged to $150M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fructose in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.6 | 54.3 | 28.9 | 79.4 | 9.4% |
| South Korea | 27.3 | 23.9 | 18.6 | 19.3 | -10.9% |
| Turkey | 0.1 | 0.4 | 1.5 | 12.7 | 402.7% |
| Indonesia | 2.7 | 1.8 | 6.6 | 8.5 | 46.6% |
| India | 2.8 | 2.8 | 6.0 | 7.2 | 37.0% |
| Netherlands | 2.8 | 2.4 | 3.1 | 4.2 | 14.5% |
| Malaysia | 4.0 | 4.0 | 3.8 | 3.7 | -2.6% |
| Bulgaria | N/A | N/A | 14.8 | 3.7 | -75.0% |
| United States | 3.7 | 2.9 | 3.1 | 3.0 | -6.8% |
| Taiwan (Chinese) | 2.0 | 1.8 | 1.8 | 2.5 | 7.7% |
| Chile | 1.3 | 1.5 | 2.8 | 1.6 | 7.2% |
| Others | 3.7 | 4.1 | 4.5 | 3.9 | 1.8% |
| Total | 111 | 99.8 | 95.5 | 150 | 10.6% |
Top Suppliers of Fructose to Vietnam in 2022:
- China (56.1K tons)
- South Korea (14.0K tons)
- Turkey (9.4K tons)
- Indonesia (6.1K tons)
- India (4.2K tons)
- Netherlands (2.9K tons)
- Bulgaria (2.8K tons)
- Malaysia (2.2K tons)
- Taiwan (Chinese) (1.8K tons)
- United States (1.8K tons)
- Chile (0.9K tons)
Fructose Exports in Vietnam
In 2022, approx. 33K tons of fructose and fructose syrup were exported from Vietnam; picking up by 65% against the previous year's figure. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,716%. As a result, the exports reached the peak of 60K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, fructose exports skyrocketed to $51M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,010%. As a result, the exports attained the peak of $107M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Fructose in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 102 | 33.1 | 49.1 | 244.6% |
| United States | 1.8 | 3.6 | 1.2 | 1.2 | -12.6% |
| Others | 0.4 | 0.6 | 0.3 | 0.5 | 7.7% |
| Total | 3.4 | 107 | 34.6 | 50.8 | 146.3% |
Top Export Markets for Fructose from Vietnam in 2022:
- China (32.3K tons)
- United States (0.8K tons)
This report provides an in-depth analysis of the fructose 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 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter
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
-
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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