Vietnam - Pulses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPulses Price in Vietnam - 2021
Contents:
- Pulses Price in Vietnam (CIF) - 2022
- Pulses Price in Vietnam (FOB) - 2022
- Pulses Imports in Vietnam
- Pulses Exports in Vietnam
Pulses Price in Vietnam (CIF) - 2022
In 2022, the average pulses import price amounted to $677 per ton, shrinking by -45.3% against the previous year. Over the period under review, the import price showed a perceptible downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the peak figure at $1,309 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($760 per ton), while the price for Australia ($354 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+3.0%), while the prices for the other major suppliers experienced a decline.
Pulses Price in Vietnam (FOB) - 2022
The average pulses export price stood at $898 per ton in 2022, which is down by -21.3% against the previous year. Overall, the export price recorded a mild decline. The growth pace was the most rapid in 2016 an increase of 36% against the previous year. As a result, the export price attained the peak level of $1,423 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sri Lanka ($1,050 per ton) and Canada ($952 per ton), while the average price for exports to Lao People's Democratic Republic ($766 per ton) and Germany ($813 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 Thailand (+12.8%), while the prices for the other major destinations experienced a decline.
Pulses Imports in Vietnam
For the fourth consecutive year, Vietnam recorded growth in purchases abroad of pulses, which increased by 12% to 164K tons in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, pulses imports reduced dramatically to $111M in 2022. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports attained the peak of $181M, and then shrank notably in the following year.
| Import of Pulses in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 51.4 | 53.2 | 57.2 | 106 | 27.3% |
| Australia | 10.6 | 16.5 | 50.7 | 2.3 | -39.9% |
| China | 16.0 | 23.7 | 17.5 | 0.4 | -70.8% |
| Cambodia | 4.0 | 8.8 | 29.2 | N/A | 170.2% |
| Others | 9.6 | 16.9 | 26.1 | 1.9 | -41.7% |
| Total | 91.7 | 119 | 181 | 111 | 6.6% |
Top Suppliers of Pulses to Vietnam in 2022:
- Myanmar (153.7K tons)
- Australia (6.6K tons)
- China (0.6K tons)
Pulses Exports in Vietnam
In 2022, pulses exports from Vietnam skyrocketed to 8.6K tons, growing by 85% on the year before. Overall, exports, however, showed a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 104%. As a result, the exports attained the peak of 29K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pulses exports soared to $7.7M in 2022. Over the period under review, exports, however, faced a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 110% against the previous year. As a result, the exports attained the peak of $26M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Pulses in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 6.6 | 2.4 | 4.4 | 43.1% |
| Thailand | 0.3 | 5.8 | 0.9 | 1.0 | 49.4% |
| United States | 3.2 | 2.7 | 0.4 | 0.7 | -39.7% |
| Lao People's Democratic Republic | 0.1 | 3.4 | 0.3 | 0.4 | 58.7% |
| Germany | 0.6 | 1.5 | 0.2 | 0.3 | -20.6% |
| Canada | 1.7 | 1.5 | 0.1 | 0.2 | -51.0% |
| Sri Lanka | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Netherlands | 0.8 | 0.6 | N/A | 0.1 | -50.0% |
| Australia | 0.7 | 0.5 | N/A | 0.1 | -47.7% |
| Hong Kong SAR | 0.8 | 0.4 | N/A | N/A | -50.0% |
| Others | 2.2 | 2.2 | 0.7 | 0.4 | -43.3% |
| Total | 12.2 | 25.6 | 5.3 | 7.7 | -14.2% |
Top Export Markets for Pulses from Vietnam in 2022:
- China (4848.2 tons)
- Thailand (1100.9 tons)
- United States (777.6 tons)
- Lao People's Democratic Republic (473.8 tons)
- Germany (339.7 tons)
- Sri Lanka (227.3 tons)
- Canada (173.8 tons)
- Australia (65.7 tons)
- Netherlands (65.6 tons)
- Hong Kong SAR (42.4 tons)
This report provides an in-depth analysis of the pulses market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 203 - Bambara beans
- FCL 176 - Beans, dry
- FCL 181 - Broad beans, dry
- FCL 191 - Chick-peas, dry
- FCL 195 - Cow peas, dry
- FCL 201 - Lentils, dry
- FCL 187 - Peas, dry
- FCL 197 - Pigeon peas
- FCL 211 - Pulses nes
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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