Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam - 2022

Contents:

  1. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam (FOB) - 2022
  2. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam (CIF) - 2022
  3. Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam
  4. Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam (FOB) - 2022

In 2022, the average export price for vegetables; celery (other than celeriac), fresh or chilleds amounted to $1,235 per ton, increasing by 7.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2019 an increase of 16%. Over the period under review, the average export prices hit record highs at $1,291 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($16,765 per ton), while the average price for exports to Malaysia ($906 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 the United Arab Emirates (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam (CIF) - 2022

In 2022, the average import price for vegetables; celery (other than celeriac), fresh or chilleds amounted to $1,333 per ton, growing by 4.3% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables; celery (other than celeriac), fresh or chilleds decreased by -0.7% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 33%. The import price peaked at $1,342 per ton in 2019; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,333 per ton), while the price for the United States stood at $1,332 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.7%).

Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam

In 2022, exports of vegetables; celery (other than celeriac), fresh or chilleds from Vietnam soared to 289 tons, rising by 357% on 2021. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; celery (other than celeriac), fresh or chilleds skyrocketed to $356K in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)41.652.640.531396.0%
Germany3.718.310.717.266.9%
Belgium2.93.52.94.515.8%
Singapore1.40.71.20.4-34.1%
Others14.414.217.021.414.1%
Total64.089.372.435677.2%

Top Export Markets for Vegetables; Celery (Other than Celeriac), Fresh or Chilled from Vietnam in 2022:

  1. Taiwan (Chinese) (276.3 tons)
  2. Belgium (4.6 tons)
  3. Germany (4.1 tons)
  4. Singapore (0.5 tons)

Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam

In 2022, imports of vegetables; celery (other than celeriac), fresh or chilleds into Vietnam dropped significantly to 192 tons, waning by -44.7% against 2021. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 429%. As a result, imports reached the peak of 348 tons, and then contracted markedly in the following year.

In value terms, imports of vegetables; celery (other than celeriac), fresh or chilleds reduced dramatically to $256K in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 449% against the previous year. As a result, imports attained the peak of $444K, and then dropped sharply in the following year.

Import of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68.065.843725655.6%
United States27.813.06.70.5-73.8%
Others1.52.00.7N/A-31.7%
Total97.380.944425638.1%

Top Suppliers of Vegetables; Celery (Other than Celeriac), Fresh or Chilled to Vietnam in 2022:

  1. China (191.9 tons)
  2. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform

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