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Vietnam - Grapes - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Grape Market Overview 2021

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Grape Market Size in Vietnam

For the fourth year in a row, the Vietnamese grape market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption posted a prominent increase. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is likely to see gradual growth in years to come.

Grape Production in Vietnam

In value terms, grape production expanded rapidly to $X in 2020 estimated in export prices. In general, production posted slight growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Grape production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

In 2020, the average grape yield in Viet Nam fell to X tonnes per ha, leveling off at 2019. Overall, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. The grape yield peaked at X tonnes per ha in 2014; however, from 2015 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of grapes production in Viet Nam declined to X ha, approximately equating the year before. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to grape production reached the peak figure at X ha in 2018; however, from 2019 to 2020, the harvested area remained at a lower figure.

Grape Exports

Exports from Vietnam

Grape exports from Viet Nam soared to X tonnes in 2020, with an increase of X% against 2019 figures. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, grape exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for grape exports from Viet Nam, with a X% share of total exports. Moreover, grape exports to Hong Kong SAR exceeded the volume sent to the second major destination, Cambodia (X tonnes), twofold. The third position in this ranking was occupied by Malaysia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Malaysia (+X% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for grape exports from Viet Nam, comprising X% of total exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2020, the average grape export price amounted to $X per tonne, with an increase of X% against the previous year. In general, export price indicated measured growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, grape export price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the countries with the highest prices were Malaysia ($X per tonne) and Hong Kong SAR ($X per tonne), while the average price for exports to Cambodia ($X per tonne) and Singapore ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Grape Imports

Imports into Vietnam

In 2020, imports of grapes into Viet Nam was estimated at X tonnes, with an increase of X% on the previous year's figure. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2013 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, grape imports expanded notably to $X in 2020. Over the period under review, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2013 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Australia (X tonnes), the U.S. (X tonnes) and South Africa (X tonnes) were the main suppliers of grape imports to Viet Nam, with a combined X% share of total imports. These countries were followed by Chile, South Korea, China and Peru, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and South Africa ($X) were the largest grape suppliers to Viet Nam, together comprising X% of total imports. Chile, South Korea, Peru and China lagged somewhat behind, together comprising a further X Korea (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grape import price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure in 2020 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were the U.S. ($X per tonne) and Chile ($X per tonne), while the price for South Korea ($X per tonne) and Australia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grapes in the world?
+
The country with the largest volume of grape consumption was China (30M tonnes), accounting for 33% of total volume. Moreover, grape consumption in China exceeded the figures recorded by the second-largest consumer, Italy (7.5M tonnes), fourfold. The U.S. (6.5M tonnes) ranked third in terms of total consumption with a 7% share.
What are the largest producers of grapes in the world?
+
China (31M tonnes) remains the largest grape producing country worldwide, comprising approx. 33% of total volume. Moreover, grape production in China exceeded the figures recorded by the second-largest producer, Italy (7.9M tonnes), fourfold. The U.S. (6.2M tonnes) ranked third in terms of total production with a 6.6% share.
What are the leading suppliers of grapes to Vietnam?
+
In value terms, the U.S. ($32M), Australia ($25M) and South Africa ($8.5M) appeared to be the largest grape suppliers to Viet Nam, together accounting for 81% of total imports. These countries were followed by Chile, South Korea, Peru and China, which together accounted for a further 17%.
What are the leading importers of grapes from Vietnam?
+
In value terms, Hong Kong SAR ($228K) emerged as the key foreign market for grape exports from Viet Nam, comprising 67% of total exports. The second position in the ranking was occupied by Cambodia ($69K), with a 20% share of total exports. It was followed by Malaysia, with a 7.6% share.
What is the average export price for grapes in Vietnam?
+
The average grape export price stood at $2,125 per tonne in 2020, increasing by 11% against the previous year.
What is the average import price for grapes in Vietnam?
+
The average grape import price stood at $2,379 per tonne in 2020, surging by 2.7% against the previous year.

Product coverage:
• FCL 560 - Grapes

This report provides an in-depth analysis of the grape 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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