Liqueurs and Cordials Price in Vietnam - 2021
Contents:
- Liqueurs and Cordials Price in Vietnam (CIF) - 2022
- Liqueurs and Cordials Price in Vietnam (FOB) - 2022
- Liqueurs and Cordials Imports in Vietnam
- Liqueurs and Cordials Exports in Vietnam
Liqueurs and Cordials Price in Vietnam (CIF) - 2022
The average liqueurs and cordials import price stood at $5.5 per litre in 2022, waning by -5.9% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. As a result, import price attained the peak level of $7.9 per litre. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($25 per litre), while the price for the UK ($2.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Vietnam (FOB) - 2022
The average liqueurs and cordials export price stood at $6.6 per litre in 2022, waning by -4.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 13%. Over the period under review, the average export prices attained the maximum at $8.5 per litre in 2020; however, from 2021 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 the UK ($22 per litre), while the average price for exports to Japan ($3.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-3.2%), while the prices for the other major destinations experienced a decline.
Liqueurs and Cordials Imports in Vietnam
In 2022, the amount of liqueurs and cordialses imported into Vietnam contracted dramatically to 440K litres, falling by -27.3% against 2021 figures. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 187% against the previous year. As a result, imports reached the peak of 605K litres, and then declined remarkably in the following year.
In value terms, liqueurs and cordials imports dropped rapidly to $2.4M in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 172%. As a result, imports reached the peak of $3.6M, and then shrank markedly in the following year.
| Import of Liqueurs and Cordials in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 788 | 786 | 2,089 | 1,256 | 16.8% |
| Suriname | 131 | 63.8 | 146 | 281 | 29.0% |
| Panama | 112 | 181 | 400 | 241 | 29.1% |
| South Korea | 65.1 | 52.5 | 350 | 219 | 49.8% |
| New Zealand | 63.3 | 95.0 | 210 | 127 | 26.1% |
| Chile | N/A | N/A | N/A | 93.8 | 0% |
| India | 71.3 | 47.7 | 93.8 | 50.1 | -11.1% |
| United Kingdom | 12.6 | 8.8 | 80.2 | 23.1 | 22.4% |
| Australia | 1.4 | 2.2 | 9.5 | 23.0 | 154.2% |
| Others | 79.7 | 70.8 | 177 | 118 | 14.0% |
| Total | 1,325 | 1,307 | 3,556 | 2,432 | 22.4% |
Top Suppliers of Liqueurs and Cordials to Vietnam in 2022:
- Panama (95.8K litres)
- South Korea (88.6K litres)
- Suriname (56.9K litres)
- Singapore (50.9K litres)
- New Zealand (50.4K litres)
- Chile (37.1K litres)
- United Kingdom (10.0K litres)
- Australia (9.1K litres)
- India (8.9K litres)
Liqueurs and Cordials Exports in Vietnam
In 2022, shipments abroad of liqueurs and cordialses was finally on the rise to reach 409K litres after two years of decline. Over the period under review, exports, however, recorded a abrupt setback. Over the period under review, the exports reached the peak figure at 596K litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, liqueurs and cordials exports skyrocketed to $2.7M in 2022. In general, exports, however, recorded a abrupt descent. Over the period under review, the exports attained the maximum at $4.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Liqueurs and Cordials in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2,955 | 2,337 | 1,833 | 2,088 | -10.9% |
| Japan | 1,316 | 571 | 56.0 | 260 | -41.8% |
| United Kingdom | 95.0 | 155 | 178 | 169 | 21.2% |
| South Korea | 4.7 | 5.3 | 3.9 | 88.1 | 165.6% |
| Others | 121 | 109 | 111 | 74.9 | -14.8% |
| Total | 4,492 | 3,177 | 2,182 | 2,680 | -15.8% |
Top Export Markets for Liqueurs and Cordials from Vietnam in 2022:
- Thailand (309.7K litres)
- Japan (67.8K litres)
- South Korea (14.3K litres)
- United Kingdom (7.7K litres)
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