Vietnam: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Vietnam

The Vietnamese frozen poultry liver market rose sharply to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw resilient growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Frozen Poultry Liver Production in Vietnam

In value terms, frozen poultry liver production fell significantly to $X in 2022 estimated in export price. In general, production saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Frozen poultry liver production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Frozen Poultry Liver Exports

Exports from Vietnam

In 2022, overseas shipments of frozen poultry livers and offal decreased by X% to X tons, falling for the third consecutive year after three years of growth. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, frozen poultry liver exports contracted sharply to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons), Hong Kong SAR (X tons) and Lao People's Democratic Republic (X tons) were the main destinations of frozen poultry liver exports from Vietnam, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Hong Kong SAR ($X) and Lao People's Democratic Republic ($X) constituted the largest markets for frozen poultry liver exported from Vietnam worldwide, with a combined X% share of total exports.

Among the main countries of destination, Lao People's Democratic Republic, with a CAGR of X.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen poultry liver export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per ton) and Lao People's Democratic Republic ($X per ton), while the average price for exports to Thailand ($X per ton) and Hong Kong SAR ($X per ton) were 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports into Vietnam

In 2022, frozen poultry liver imports into Vietnam rose modestly to X tons, picking up by X% on the previous year's figure. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, frozen poultry liver imports skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), Brazil (X tons) and Poland (X tons) were the main suppliers of frozen poultry liver imports to Vietnam, with a combined X% share of total imports. South Korea and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen poultry liver suppliers to Vietnam were the United States ($X), Brazil ($X) and Poland ($X), together comprising X% of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average frozen poultry liver import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Russia ($X per ton), while the price for Brazil ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, 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 more modest paces of growth.

Source: IndexBox Platform

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