Vietnam - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Vietnam - 2022
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Vietnam (FOB) - 2022
- Price for Cereal, Fruit or Nut Chocolate Bar in Vietnam (CIF) - 2022
- Exports of Cereal, Fruit or Nut Chocolate Bar in Vietnam
- Imports of Cereal, Fruit or Nut Chocolate Bar in Vietnam
Price for Cereal, Fruit or Nut Chocolate Bar in Vietnam (FOB) - 2022
The average export price for chocolate bars with cereals, fruit or nuts stood at $5,449 per ton in December 2022, declining by -2.7% against the previous month. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in October 2022 an increase of 8.6% m-o-m. Over the period under review, the average export prices attained the peak figure at $12,482 per ton in December 2021; however, from January 2022 to December 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was the Netherlands ($6,596 per ton), while the average price for exports to the United States ($4,229 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereal, Fruit or Nut Chocolate Bar in Vietnam (CIF) - 2022
In December 2022, the average import price for chocolate bars with cereals, fruit or nuts amounted to $6,026 per ton, declining by -5.3% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 5.7% m-o-m. The import price peaked at $6,361 per ton in November 2022, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($6,484 per ton), while the price for Taiwan (Chinese) ($4,238 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal, Fruit or Nut Chocolate Bar in Vietnam
In 2022, approx. 1.5K tons of chocolate bars with cereals, fruit or nuts were exported from Vietnam; growing by 107% against the previous year. Overall, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of chocolate bars with cereals, fruit or nuts expanded rapidly to $7.9M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Cereal, Fruit or Nut Chocolate Bar in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.1 | 1.3 | 2.9 | 5.0 | 65.7% |
| China | 2.2 | 3.0 | 2.8 | 1.6 | -10.1% |
| South Korea | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Netherlands | 2.0 | 0.2 | 0.2 | 0.2 | -53.6% |
| United States | 1.0 | 0.1 | 0.3 | 0.2 | -41.5% |
| Others | 1.1 | 0.4 | 0.4 | 0.5 | -23.1% |
| Total | 7.4 | 5.2 | 7.0 | 7.9 | 2.2% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Vietnam in 2022:
- Japan (1098.3 tons)
- China (249.3 tons)
- South Korea (54.6 tons)
- United States (29.7 tons)
- Netherlands (28.0 tons)
Imports of Cereal, Fruit or Nut Chocolate Bar in Vietnam
In 2022, imports of chocolate bars with cereals, fruit or nuts into Vietnam surged to 1.1K tons, rising by 48% on 2021. Overall, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of chocolate bars with cereals, fruit or nuts skyrocketed to $6.4M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal, Fruit or Nut Chocolate Bar in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,547 | 1,101 | 1,162 | 2,084 | 10.4% |
| Germany | 716 | 459 | 714 | 1,141 | 16.8% |
| Japan | 592 | 488 | 626 | 800 | 10.6% |
| South Korea | 475 | 371 | 381 | 318 | -12.5% |
| United States | 110 | 252 | 283 | 273 | 35.4% |
| Philippines | 128 | 165 | 159 | 246 | 24.3% |
| France | 71.0 | 94.0 | 246 | 245 | 51.1% |
| Poland | 96.2 | 15.1 | 57.9 | 242 | 36.0% |
| Taiwan (Chinese) | 109 | 131 | 113 | 172 | 16.4% |
| Switzerland | 17.3 | 24.6 | 77.3 | 162 | 110.8% |
| China | 380 | 120 | 87.2 | 134 | -29.4% |
| Bangladesh | N/A | 27.2 | 37.2 | 112 | 102.9% |
| Others | 611 | 274 | 250 | 514 | -5.6% |
| Total | 4,853 | 3,523 | 4,193 | 6,443 | 9.9% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Vietnam in 2022:
- Malaysia (326.4 tons)
- Germany (188.5 tons)
- Japan (123.6 tons)
- South Korea (53.5 tons)
- United States (52.7 tons)
- Philippines (51.8 tons)
- Taiwan (Chinese) (40.5 tons)
- France (39.6 tons)
- Poland (37.5 tons)
- Switzerland (25.0 tons)
- China (24.6 tons)
- Bangladesh (17.3 tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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
- 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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