Report Update: Dec 1, 2023

Vietnam - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Whole Fresh Milk Price in Vietnam - 2021

Name: Whole Fresh Milk Price in Vietnam - 2021
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Whole Fresh Milk Price Vietnam, IndexBox, market research, global market, publisher

Whole Fresh Milk Price in Vietnam (CIF) - 2022

In 2022, the average whole fresh milk import price amounted to $806 per ton, dropping by -4.1% against the previous year. In general, the import price saw a noticeable shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $1,152 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($910 per ton) and New Zealand ($859 per ton), while the price for Uruguay ($662 per ton) and Poland ($690 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Whole Fresh Milk Price in Vietnam (FOB) - 2022

In 2022, the average whole fresh milk export price amounted to $681 per ton, approximately reflecting the previous year. In general, the export price recorded a noticeable setback. The growth pace was the most rapid in 2013 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $1,227 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,876 per ton), while the average price for exports to China ($485 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 China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports in Vietnam

In 2022, imports of whole fresh milk into Vietnam rose remarkably to 40K tons, increasing by 11% against 2021 figures. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of 44K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, whole fresh milk imports stood at $32M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of $34M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Whole Fresh Milk in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	9.3	12.9	12.6	10.7	4.8%
France	2.9	2.4	2.4	2.4	-6.1%
Germany	1.6	1.0	1.1	2.1	9.5%
Poland	0.8	2.3	2.2	2.0	35.7%
New Zealand	3.3	2.8	2.2	1.8	-18.3%
Uruguay	0.6	0.4	0.3	0.3	-20.6%
Slovenia	0.4	0.5	0.3	0.3	-9.1%
Ireland	0.4	0.6	0.4	0.3	-9.1%
Others	10.6	11.2	8.5	12.2	4.8%
Total	30.0	34.1	30.2	32.1	2.3%

Top Suppliers of Whole Fresh Milk to Vietnam in 2022:

Australia (11.7K tons)
France (3.3K tons)
Poland (2.9K tons)
Germany (2.6K tons)
New Zealand (2.1K tons)
Uruguay (0.5K tons)
Slovenia (0.4K tons)
Ireland (0.3K tons)

Whole Fresh Milk Exports in Vietnam

In 2022, after three years of growth, there was significant decline in shipments abroad of whole fresh milk, when their volume decreased by -33.7% to 1.2K tons. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 208% against the previous year. As a result, the exports attained the peak of 1.8K tons, and then declined dramatically in the following year.

In value terms, whole fresh milk exports contracted notably to $832K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 218%. As a result, the exports attained the peak of $1.3M, and then contracted rapidly in the following year.

Export of Whole Fresh Milk in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	124	324	949	605	69.6%
Macao SAR	18.0	52.5	195	138	97.2%
China	1.0	3.8	61.1	44.1	253.3%
Cambodia	2.2	4.6	31.4	25.2	125.4%
Philippines	0.1	1.9	9.8	9.6	357.9%
Others	6.8	11.5	18.6	10.7	16.3%
Total	152	398	1,266	832	76.2%

Top Export Markets for Whole Fresh Milk from Vietnam in 2022:

Hong Kong SAR (952.9 tons)
Macao SAR (114.0 tons)
China (90.9 tons)
Cambodia (32.9 tons)
Philippines (19.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the whole fresh 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 1130 - Camel milk

• FCL 882 - Cow milk, whole (fresh)

• FCL 1020 - Goat milk

• FCL 982 - Sheep milk

• FCL 951 - Buffalo milk

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2022
23. Production, In Value Terms, 2012–2022
24. Producing Animals Slaughtered, 2012–2022
25. Yield, 2012–2022
26. Imports, In Physical Terms, 2012–2022
27. Imports, In Value Terms, 2012–2022
28. Imports, In Physical Terms, By Country, 2022
29. Imports, In Physical Terms, By Country, 2012–2022
30. Imports, In Value Terms, By Country, 2012–2022
31. Import Prices, By Country Of Origin, 2012–2022
32. Exports, In Physical Terms, 2012–2022
33. Exports, In Value Terms, 2012–2022
34. Exports, In Physical Terms, By Country, 2022
35. Exports, In Physical Terms, By Country, 2012–2022
36. Exports, In Value Terms, By Country, 2012–2022
37. Export Prices, By Country Of Destination, 2012–2022