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Vietnam - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Grapefruit Market Overview 2021

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Grapefruit Market Size in Vietnam

For the sixth consecutive year, the Vietnamese grapefruit market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption continues to indicate a strong increase. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Grapefruit consumption peaked in 2020 and is likely to see gradual growth in years to come.

Grapefruit Production in Vietnam

In value terms, grapefruit production amounted to $X in 2020 estimated in export prices. Over the period under review, production recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Grapefruit production peaked in 2020 and is likely to see gradual growth in years to come.

In 2020, the average yield of grapefruits in Viet Nam dropped to X tonnes per ha, leveling off at the year before. In general, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The grapefruit yield peaked at X tonnes per ha in 2017; however, from 2018 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grapefruit harvested area in Viet Nam expanded remarkably to X ha in 2020, picking up by X% on the previous year. Overall, the harvested area recorded a buoyant increase. The pace of growth was the most pronounced in 2018 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to grapefruit production reached the maximum in 2020 and is expected to retain growth in the immediate term.

Grapefruit Exports

Exports from Vietnam

In 2020, exports of grapefruits from Viet Nam soared to X tonnes, growing by X% compared with 2019. Over the period under review, exports enjoyed a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, grapefruit exports soared to $X in 2020. Overall, exports continue to indicate a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Lao People's Democratic Republic (X tonnes) was the main destination for grapefruit exports from Viet Nam, accounting for a X% share of total exports. Moreover, grapefruit exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, Canada (X tonnes), fivefold. Russia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Lao People's Democratic Republic stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Russia (+X% per year).

In value terms, Lao People's Democratic Republic ($X) emerged as the key foreign market for grapefruit exports from Viet Nam, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Lao People's Democratic Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Russia (+X% per year).

Export Prices by Country

The average grapefruit export price stood at $X per tonne in 2020, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum in 2020 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2020, the countries with the highest prices were Lao People's Democratic Republic ($X per tonne) and Russia ($X per tonne), while the average price for exports to Canada ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia, while the prices for the other major destinations experienced more modest paces of growth.

Grapefruit Imports

Imports into Vietnam

For the fourth year in a row, Viet Nam recorded decline in purchases abroad of grapefruits, which decreased by -X% to X tonnes in 2020. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. from 2017 to 2020, the growth imports failed to regain the momentum.

In value terms, grapefruit imports declined markedly to $X in 2020. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) was the main grapefruit supplier to Viet Nam, with a X% share of total imports. It was followed by Thailand (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of grapefruit to Viet Nam, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to +X%.

Import Prices by Country

The average grapefruit import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2020 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Thailand stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grapefruits in the world?
+
China (5.2M tonnes) constituted the country with the largest volume of grapefruit consumption, accounting for 51% of total volume. Moreover, grapefruit consumption in China exceeded the figures recorded by the second-largest consumer, Viet Nam (727K tonnes), sevenfold. The third position in this ranking was occupied by India (553K tonnes), with a 5.5% share.
What are the largest producers of grapefruits in the world?
+
China (5.3M tonnes) constituted the country with the largest volume of grapefruit production, accounting for 52% of total volume. Moreover, grapefruit production in China exceeded the figures recorded by the second-largest producer, Viet Nam (741K tonnes), sevenfold. The third position in this ranking was occupied by India (554K tonnes), with a 5.5% share.
What are the leading suppliers of grapefruits to Vietnam?
+
In value terms, China ($1.6M) constituted the largest supplier of grapefruit to Viet Nam, comprising 99% of total imports. The second position in the ranking was occupied by Thailand ($12K), with a 0.7% share of total imports.
What are the leading importers of grapefruits from Vietnam?
+
In value terms, Lao People's Democratic Republic ($7.7M) emerged as the key foreign market for grapefruit exports from Viet Nam, comprising 53% of total exports. The second position in the ranking was occupied by Canada ($1.5M), with a 11% share of total exports. It was followed by Russia, with a 10% share.
What is the average export price for grapefruits in Vietnam?
+
In 2020, the average grapefruit export price amounted to $914 per tonne, increasing by 4.6% against the previous year.
What is the average import price for grapefruits in Vietnam?
+
In 2020, the average grapefruit import price amounted to $1,015 per tonne, surging by 53% against the previous year.

Product coverage:
• FCL 507 - Grapefruit and pomelo

This report provides an in-depth analysis of the grapefruit 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 2025.


Country coverage:
• Viet Nam

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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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