Price for Grapes; Fresh or Dried in Vietnam - 2022
Contents:
- Price for Grapes; Fresh or Dried in Vietnam (CIF) - 2022
- Price for Grapes; Fresh or Dried in Vietnam (FOB) - 2022
- Imports of Grapes; Fresh or Dried in Vietnam
- Exports of Grapes; Fresh or Dried in Vietnam
Price for Grapes; Fresh or Dried in Vietnam (CIF) - 2022
The average grapes; fresh or dried import price stood at $2,357 per ton in December 2022, with an increase of 2.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 5.8% month-to-month. Over the period under review, average import prices reached the maximum at $2,437 per ton in March 2022; afterwards, it flattened through to December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were South Africa ($2,445 per ton) and South Korea ($2,445 per ton), while the price for Australia ($2,008 per ton) and Chile ($2,008 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in Vietnam (FOB) - 2022
In 2022, the average grapes; fresh or dried export price amounted to $1,573 per ton, with an increase of 12% against the previous year. In general, the export price, however, saw a abrupt decrease. The export price peaked at $2,852 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,656 per ton), while the average price for exports to Taiwan (Chinese) ($1,572 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) (-2.3%), while the prices for the other major destinations experienced a decline.
Imports of Grapes; Fresh or Dried in Vietnam
In 2022, grapes; fresh or dried imports into Vietnam fell modestly to 47K tons, which is down by -3.5% against 2021 figures. In general, imports recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 7.6% against the previous year.
In value terms, grapes; fresh or dried imports shrank to $108M in 2022. Over the period under review, imports saw a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 6.3%.
| Import of Grapes; Fresh or Dried in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 51.3 | 46.2 | 37.4 | 40.4 | -7.7% |
| Australia | 31.5 | 25.5 | 28.3 | 25.5 | -6.8% |
| China | 5.1 | 8.3 | 15.2 | 13.9 | 39.7% |
| South Africa | 13.5 | 10.2 | 11.0 | 10.4 | -8.3% |
| South Korea | 4.2 | 6.3 | 7.4 | 6.7 | 16.8% |
| Peru | 3.3 | 2.4 | 4.0 | 3.6 | 2.9% |
| India | 2.5 | 2.7 | 3.8 | 3.5 | 11.9% |
| Chile | 4.6 | 2.4 | 3.8 | 3.4 | -9.6% |
| Others | 0.9 | 0.7 | 0.5 | 0.5 | -17.8% |
| Total | 117 | 105 | 111 | 108 | -2.6% |
Top Suppliers of Grapes; Fresh or Dried to Vietnam in 2022:
- United States (17.4K tons)
- Australia (11.0K tons)
- China (6.0K tons)
- South Africa (4.4K tons)
- South Korea (2.8K tons)
- India (1.8K tons)
- Chile (1.5K tons)
- Peru (1.5K tons)
Exports of Grapes; Fresh or Dried in Vietnam
Grapes; fresh or dried exports from Vietnam skyrocketed to 266 tons in 2022, picking up by 17% compared with 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 85%. As a result, the exports attained the peak of 305 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, grapes; fresh or dried exports soared to $419K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.3% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 71% against the previous year. As a result, the exports reached the peak of $519K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Grapes; Fresh or Dried in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 256 | 422 | 234 | 395 | 15.6% |
| Taiwan (Chinese) | 3.6 | 6.1 | 8.8 | 14.9 | 60.6% |
| Singapore | 3.6 | 33.7 | 0.1 | 7.7 | 28.8% |
| United States | 39.2 | N/A | 58.9 | N/A | 22.6% |
| Lao People's Democratic Republic | N/A | 44.6 | 16.8 | N/A | -62.3% |
| Others | 1.0 | 12.4 | 0.9 | 1.2 | 6.3% |
| Total | 303 | 519 | 319 | 419 | 11.4% |
Top Export Markets for Grapes; Fresh or Dried from Vietnam in 2022:
- Japan (251.6 tons)
- Taiwan (Chinese) (9.5 tons)
- Singapore (4.7 tons)
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This report provides an in-depth analysis of the dried grapes market in Vietnam.
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