Vietnam - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSkim Milk Price in Vietnam - 2022
Contents:
- Skim Milk Price in Vietnam (FOB) - 2022
- Skim Milk Price in Vietnam (CIF) - 2022
- Skim Milk Exports in Vietnam
- Skim Milk Imports in Vietnam
Skim Milk Price in Vietnam (FOB) - 2022
In 2022, the average skim milk export price amounted to $666 per ton, declining by -9.4% against the previous year. Overall, the export price recorded a noticeable slump. The growth pace was the most rapid in 2020 an increase of 13% against the previous year. The export price peaked at $859 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($666 per ton), while the average price for exports to Singapore ($666 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 Russia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Skim Milk Price in Vietnam (CIF) - 2022
The average skim milk import price stood at $806 per ton in 2022, picking up by 9.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 17%. Over the period under review, average import prices attained the maximum at $960 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($806 per ton) and Poland ($806 per ton), while the price for France ($806 per ton) and Ireland ($806 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+13.0%), while the prices for the other major suppliers experienced a decline.
Skim Milk Exports in Vietnam
In 2022, overseas shipments of skim milk decreased by -86% to 127 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 7.7%. As a result, the exports attained the peak of 1.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, skim milk exports dropped remarkably to $85K in 2022. Overall, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $702K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Skim Milk in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 278 | 512 | 547 | 54.6 | -41.9% |
| Angola | N/A | 79.3 | N/A | 25.1 | -43.7% |
| Singapore | N/A | N/A | 3.3 | 5.0 | 51.5% |
| Russia | 280 | 110 | 88.1 | N/A | -43.9% |
| Others | 20.2 | 0.5 | 29.1 | N/A | 20.0% |
| Total | 578 | 702 | 668 | 84.6 | -47.3% |
Top Export Markets for Skim Milk from Vietnam in 2022:
- Germany (81.9 tons)
- Angola (37.6 tons)
- Singapore (7.5 tons)
Skim Milk Imports in Vietnam
In 2022, overseas purchases of skim milk decreased by -28.8% to 624 tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, skim milk imports fell significantly to $503K in 2022. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 24%. As a result, imports attained the peak of $822K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Skim Milk in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 323 | 443 | 240 | 200 | -14.8% |
| Australia | 296 | 273 | 190 | 111 | -27.9% |
| Germany | 2.2 | N/A | 69.3 | 101 | 258.1% |
| Ireland | 13.1 | 62.4 | 65.9 | 67.0 | 72.3% |
| New Zealand | N/A | N/A | N/A | 17.9 | 0% |
| Others | 27.2 | 43.4 | 80.1 | 6.9 | -36.7% |
| Total | 661 | 822 | 645 | 503 | -8.7% |
Top Suppliers of Skim Milk to Vietnam in 2022:
- France (247.9 tons)
- Australia (137.7 tons)
- Germany (124.9 tons)
- Ireland (83.1 tons)
- New Zealand (22.3 tons)
This report provides an in-depth analysis of the skim milk 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 888 - Skim Milk of Cows
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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