Vietnam - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoft Drink Price in Vietnam - 2022
Contents:
- Soft Drink Price in Vietnam (CIF) - 2022
- Soft Drink Price in Vietnam (FOB) - 2022
- Soft Drink Imports in Vietnam
- Soft Drink Exports in Vietnam
Soft Drink Price in Vietnam (CIF) - 2022
The average soft drink import price stood at $1.2 per litre in December 2022, remaining stable against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2022 an increase of 3.9% against the previous month. Over the period under review, average import prices reached the peak figure at $1.2 per litre in March 2022; afterwards, it flattened through to December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Indonesia ($1.3 per litre) and South Korea ($1.3 per litre), while the price for Thailand ($1.1 per litre) and Australia ($1.1 per litre) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Soft Drink Price in Vietnam (FOB) - 2022
In 2022, the average soft drink export price amounted to $1.1 per litre, rising by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($1.3 per litre), while the average price for exports to Singapore ($0.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Soft Drink Imports in Vietnam
In 2022, imports of soft drinks into Vietnam surged to 165M litres, picking up by 27% against the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked at 187M litres in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, soft drink imports surged to $277M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Soft Drink in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 73.1 | 71.3 | 67.7 | 95.2 | 9.2% |
Thailand | 67.6 | 88.9 | 53.3 | 73.3 | 2.7% |
South Korea | 13.6 | 15.5 | 14.2 | 30.5 | 30.9% |
United States | 1.2 | 1.4 | 0.5 | 25.5 | 177.0% |
Japan | 2.1 | 2.6 | 3.6 | 17.6 | 103.1% |
Malaysia | 11.0 | 10.3 | 2.3 | 10.0 | -3.1% |
Others | 17.5 | 16.8 | 15.5 | 24.9 | 12.5% |
Total | 186 | 207 | 157 | 277 | 14.2% |
Top Suppliers of Soft Drink to Vietnam in 2022:
- Thailand (67.4M litres)
- Lao People's Democratic Republic (51.3M litres)
- South Korea (15.8M litres)
- United States (13.2M litres)
- Japan (6.0M litres)
- Malaysia (3.7M litres)
Soft Drink Exports in Vietnam
Soft drink exports from Vietnam declined to 128M litres in 2022, with a decrease of -3.1% compared with the previous year. Overall, exports showed a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, the exports reached the peak figure at 136M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, soft drink exports rose modestly to $136M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Soft Drink in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.5 | 15.3 | 24.1 | 25.3 | 43.8% |
Philippines | 12.1 | 8.5 | 7.6 | 16.5 | 10.9% |
Cambodia | 7.6 | 4.4 | 13.3 | 12.9 | 19.3% |
China | 17.1 | 12.4 | 9.9 | 10.8 | -14.2% |
Singapore | 7.9 | 5.8 | 9.2 | 7.2 | -3.0% |
Lao People's Democratic Republic | 15.5 | 3.6 | 2.1 | 7.0 | -23.3% |
Taiwan (Chinese) | 1.9 | 3.0 | 4.3 | 4.1 | 29.2% |
Russia | 1.3 | 1.9 | 4.1 | 3.7 | 41.7% |
Japan | 1.0 | 1.1 | 1.5 | 3.1 | 45.8% |
Hong Kong SAR | 8.9 | 10.1 | 10.0 | 3.1 | -29.6% |
Malaysia | 2.8 | 2.5 | 2.9 | 2.9 | 1.2% |
United Arab Emirates | 0.7 | 0.6 | 3.2 | 2.8 | 58.7% |
Australia | 3.7 | 3.7 | 5.0 | 2.2 | -15.9% |
Others | 29.2 | 26.9 | 32.4 | 34.1 | 5.3% |
Total | 118 | 99.8 | 129 | 136 | 4.8% |
Top Export Markets for Soft Drink from Vietnam in 2022:
- United States (21.2M litres)
- Philippines (19.3M litres)
- Cambodia (10.6M litres)
- Singapore (9.1M litres)
- China (8.6M litres)
- Lao People's Democratic Republic (5.3M litres)
- Russia (3.9M litres)
- Taiwan (Chinese) (3.5M litres)
- Hong Kong SAR (3.3M litres)
- Japan (3.2M litres)
- United Arab Emirates (3.1M litres)
- Australia (2.3M litres)
- Malaysia (2.3M litres)
This report provides an in-depth analysis of the soft drink 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:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
- Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the soft drink market in Vietnam.
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Vietnam.
This report provides an in-depth analysis of the sugary soft drink market in Vietnam.
This report provides an in-depth analysis of the global soft drink market.
This report provides an in-depth analysis of the global market for non-alcoholic beverage, not containing milk.
This report provides an in-depth analysis of the global sugary soft drink market.
This report provides an in-depth analysis of the soft drink market in Vietnam.
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Vietnam.
This report provides an in-depth analysis of the sugary soft drink market in Vietnam.
This report provides an in-depth analysis of the global soft drink market.
Discover the top import markets for soft drinks and key statistics on global import values. Explore the opportunities in the soft drink industry.
From the shift towards healthier lifestyles to the rise of functional beverages, read on to discover the latest consumer trends shaping the carbonated soft drinks market. We'll also dive into the key findings of the IndexBox market report and provide a list of the top companies and brands in the industry.
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Discover the top import markets for soft drinks and key statistics on global import values. Explore the opportunities in the soft drink industry.
From the shift towards healthier lifestyles to the rise of functional beverages, read on to discover the latest consumer trends shaping the carbonated soft drinks market. We'll also dive into the key findings of the IndexBox market report and provide a list of the top companies and brands in the industry.
In value terms, fruit juices imports totaled $X in 2016. Overall, fruit juices imports continue to indicate a relatively flat trend pattern. In that year, global fruit juices imports attained its ma...
In value terms, fruit juices exports amounted to $X in 2016. Overall, fruit juices exports continue to indicate a relatively flat trend pattern. In that year, global fruit juices exports reached its...