
Vietnam - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
Vietnam: Frozen Potato Market 2022
Frozen Potato Market Size in Vietnam
The Vietnamese frozen potato market contracted slightly to $X in 2021, with a decrease of -X% against the previous year. In general, consumption showed a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Frozen Potato Production in Vietnam
In value terms, frozen potato production contracted to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Frozen Potato Exports
Exports from Vietnam
In 2021, exports of frozen potatoes from Vietnam fell modestly to X tons, approximately equating 2020. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then declined in the following year.
In value terms, frozen potato exports reduced slightly to $X in 2021. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2020, and then dropped in the following year.
Exports by Country
Japan (X tons) was the main destination for frozen potato exports from Vietnam, accounting for a X% share of total exports. Moreover, frozen potato exports to Japan exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), sevenfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+X% per year) and Belgium (+X% per year).
In value terms, Japan ($X) remains the key foreign market for frozen potato exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with an X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.
From 2012 to 2021, the average annual growth rate of value to Japan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Taiwan (Chinese) (+X% per year).
Export Prices by Country
In 2021, the average frozen potato export price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to Japan ($X per ton) and Belgium ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and Australia ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+X%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Potato Imports
Imports into Vietnam
In 2021, approx. X tons of frozen potatoes were imported into Vietnam; jumping by X% on the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
In value terms, frozen potato imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.
Imports by Country
The United States (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of frozen potato imports to Vietnam, together comprising X% of total imports. India, Canada and Australia lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) constituted the largest supplier of frozen potato to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the Netherlands (+X% per year).
Import Prices by Country
The average frozen potato import price stood at $X per ton in 2021, remaining constant against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen potato 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the global frozen potato market.
This report provides an in-depth analysis of the frozen potato market in the EU.
This report provides an in-depth analysis of the frozen potato market in Asia.
This report provides an in-depth analysis of the frozen potato market in the U.S..
This report provides an in-depth analysis of the frozen potato market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET