Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam - 2022
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $143,703 per ton, jumping by 28% against the previous year. Over the period under review, the import price recorded a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 102%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($172,036 per ton), while the price for Poland ($27,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam (FOB) - 2022
In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $64,463 per ton, which is down by -26% against the previous year. Overall, the export price recorded a drastic downturn. The growth pace was the most rapid in 2014 an increase of 17%. As a result, the export price reached the peak level of $196,061 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($489,463 per ton), while the average price for exports to India ($24,482 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 Taiwan (Chinese) (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam
Imports of edible products of animal origin; not elsewhere specified or includeds into Vietnam soared to 1K tons in 2022, increasing by 311% against the previous year. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds skyrocketed to $149M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 6.1 | 7.3 | 20.8 | 127 | 175.1% |
| Malaysia | 4.7 | 0.6 | 5.5 | 19.4 | 60.4% |
| Poland | 0.8 | 1.4 | 1.6 | 1.8 | 31.0% |
| Others | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Total | 11.9 | 9.7 | 28.4 | 149 | 132.2% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Vietnam in 2022:
- Indonesia (830.0 tons)
- Malaysia (112.7 tons)
- Poland (65.6 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam
In 2022, after two years of decline, there was significant growth in shipments abroad of edible products of animal origin; not elsewhere specified or includeds, when their volume increased by 18% to 71 tons. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds dropped to $4.6M in 2022. Overall, exports, however, faced a dramatic decline.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 779 | 631 | 1,048 | 1,413 | 22.0% |
| United States | 400 | 922 | 1,346 | 1,067 | 38.7% |
| Australia | 72.6 | 145 | 330 | 822 | 124.5% |
| Hong Kong SAR | 4,261 | 2,735 | 2,092 | 508 | -50.8% |
| France | 64.3 | 1.0 | 3.1 | 186 | 42.5% |
| Czech Republic | 11.2 | 13.8 | 20.6 | 82.7 | 94.7% |
| Germany | 3,050 | 1,921 | 0.6 | 55.6 | -73.7% |
| India | N/A | N/A | N/A | 29.6 | 0% |
| Others | 550 | 450 | 417 | 406 | -9.6% |
| Total | 9,189 | 6,819 | 5,257 | 4,569 | -20.8% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Vietnam in 2022:
- United States (23.0 tons)
- Taiwan (Chinese) (18.9 tons)
- Australia (13.8 tons)
- France (4.7 tons)
- Czech Republic (2.8 tons)
- Germany (2.0 tons)
- India (1.2 tons)
- Hong Kong SAR (1.0 tons)
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