Price for Citrus Fruits Not Elsewhere Classified in Vietnam - 2022
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Vietnam (FOB) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Vietnam (CIF) - 2022
- Exports of Citrus Fruits Not Elsewhere Classified in Vietnam
- Imports of Citrus Fruits Not Elsewhere Classified in Vietnam
Price for Citrus Fruits Not Elsewhere Classified in Vietnam (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $1,733 per ton, rising by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2017 an increase of 13%. The export price peaked at $1,879 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($1,733 per ton) and Saudi Arabia ($1,733 per ton), while the average price for exports to Kuwait ($1,733 per ton) and South Korea ($1,733 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 Singapore (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in Vietnam (CIF) - 2022
The average import price for citrus fruits not elsewhere classified stood at $1,781 per ton in 2022, approximately equating the previous year. Overall, the import price, however, showed tangible growth. The growth pace was the most rapid in 2017 an increase of 113%. As a result, import price attained the peak level of $2,609 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,164 per ton), while the price for Thailand ($1,357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Citrus Fruits Not Elsewhere Classified in Vietnam
In 2022, citrus fruits not elsewhere classified exports from Vietnam surged to 1.8K tons, with an increase of 107% compared with the previous year. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, citrus fruits not elsewhere classified exports surged to $3.1M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Citrus Fruits Not Elsewhere Classified in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.0 | 325 | 426 | 1,739 | 163.5% |
| United Arab Emirates | 1.6 | 2.0 | 13.1 | 648 | 639.9% |
| Saudi Arabia | 142 | 254 | 186 | 193 | 10.8% |
| Malaysia | 140 | 108 | 58.6 | 111 | -7.4% |
| Singapore | 14.4 | 54.9 | 54.6 | 105 | 93.9% |
| Kuwait | 1.9 | 1.9 | 1.5 | 69.3 | 231.6% |
| South Korea | 49.9 | 48.7 | 20.6 | 67.1 | 10.4% |
| Qatar | 115 | 117 | 89.7 | 48.0 | -25.3% |
| Switzerland | 194 | 2.9 | 3.1 | N/A | -87.4% |
| Austria | 189 | 214 | 209 | N/A | 5.2% |
| United Kingdom | 69.3 | 84.6 | 78.1 | N/A | 6.2% |
| Others | 301 | 297 | 304 | 124 | -25.6% |
| Total | 1,311 | 1,510 | 1,445 | 3,106 | 33.3% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Vietnam in 2022:
- China (1003.5 tons)
- United Arab Emirates (373.7 tons)
- Saudi Arabia (111.6 tons)
- Malaysia (64.0 tons)
- Singapore (60.8 tons)
- Kuwait (40.0 tons)
- South Korea (38.7 tons)
- Qatar (27.7 tons)
Imports of Citrus Fruits Not Elsewhere Classified in Vietnam
After three years of growth, supplies from abroad of citrus fruits not elsewhere classified decreased by -24.3% to 102 tons in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,768%.
In value terms, citrus fruits not elsewhere classified imports fell markedly to $181K in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 2,125% against the previous year.
| Import of Citrus Fruits Not Elsewhere Classified in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 113 | 218 | 165 | 225.1% |
| Thailand | 0.1 | 3.0 | 5.2 | 4.7 | 260.9% |
| China | 0.2 | 3.3 | 4.7 | 3.4 | 157.1% |
| Others | 0.4 | 3.1 | 11.9 | 7.7 | 168.0% |
| Total | 5.5 | 123 | 240 | 181 | 220.5% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Vietnam in 2022:
- United States (95.6 tons)
- Thailand (3.4 tons)
- China (1.6 tons)
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