Price for Homogenised Composite Food Preparations in Vietnam - 2021

Contents:

1. Price for Homogenised Composite Food Preparations in Vietnam (CIF) - 2022
2. Price for Homogenised Composite Food Preparations in Vietnam (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Vietnam
4. Exports of Homogenised Composite Food Preparations in Vietnam

Price for Homogenised Composite Food Preparations in Vietnam (CIF) - 2022

In 2022, the average homogenised composite food preparations import price amounted to $4,014 per ton, falling by -2.3% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth was the most pronounced in 2014 an increase of 16% against the previous year. Over the period under review, average import prices reached the maximum at $6,817 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($4,124 per ton) and New Zealand ($4,124 per ton), while the price for Thailand ($3,831 per ton) and Australia ($3,894 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Homogenised Composite Food Preparations in Vietnam (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $3,734 per ton, standing approx. at the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised composite food preparations export price increased by +5.8% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 59%. Over the period under review, the average export prices hit record highs at $4,111 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +66.5% per year.

Imports of Homogenised Composite Food Preparations in Vietnam

In 2022, homogenised composite food preparations imports into Vietnam soared to 123 tons, rising by 19% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, homogenised composite food preparations imports surged to $496K in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of $566K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Homogenised Composite Food Preparations to Vietnam in 2022:

1. United Kingdom (37.7 tons)
2. Thailand (20.4 tons)
3. Australia (18.8 tons)
4. Japan (17.8 tons)
5. Hungary (11.5 tons)
6. New Zealand (9.2 tons)
7. France (4.8 tons)

Exports of Homogenised Composite Food Preparations in Vietnam

In 2022, shipments abroad of homogenised composite food preparationses was finally on the rise to reach 27 tons after two years of decline. Over the period under review, exports, however, showed a abrupt downturn.

In value terms, homogenised composite food preparations exports rose markedly to $100K in 2022. Overall, exports, however, faced a deep slump.

Top Export Markets for Homogenised Composite Food Preparations from Vietnam in 2022:

1. Thailand (26.9 tons)