Report Update May 1, 2024

Vietnam - Frozen Salmonoids - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Vietnam

In 2020, the Vietnamese frozen salmonoids market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, posted a remarkable increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Frozen Salmonoids Exports

Exports from Vietnam

In 2020, frozen salmonoids exports from Vietnam dropped dramatically to X tons, waning by -X% against the previous year's figure. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, frozen salmonoids exports soared to $X in 2020. In general, exports continue to indicate a deep contraction. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons), Colombia (X tons) and Japan (X tons) were the main destinations of frozen salmonoids exports from Vietnam, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in the U.S. (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Colombia ($X) and Japan ($X) constituted the largest markets for frozen salmonoids exported from Vietnam worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the U.S. 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

The average frozen salmonoids export price stood at $X per ton in 2020, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, average export prices hit record highs at $X per ton in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to Australia ($X per ton) and Brunei Darussalam ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and Japan ($X per ton) were amongst the lowest.

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

Frozen Salmonoids Imports

Imports into Vietnam

In 2020, supplies from abroad of frozen salmonoids decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, showed a moderate expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen salmonoids imports shrank significantly to $X in 2020. Over the period under review, imports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), Japan (X tons) and Chile (X tons) were the main suppliers of frozen salmonoids imports to Vietnam, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Russia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen salmonoids suppliers to Vietnam were Russia ($X), Japan ($X) and Chile ($X), together accounting for X% of total imports.

Russia saw 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

In 2020, the average frozen salmonoids import price amounted to $X per ton, flattening at the previous year. In general, the import price saw mild growth. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Japan ($X per ton) and Denmark ($X per ton), while the price for the U.S. ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, 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 frozen salmonoids in the world?

The countries with the highest volumes of frozen salmonoids consumption in 2020 were the U.S., India and Pakistan, with a combined 55% share of global consumption. These countries were followed by Togo, Guinea-Bissau, Mali, Thailand, Saudi Arabia, Myanmar, Cameroon, Mauritania, Canada and Bangladesh, which together accounted for a further 36%.

What are the largest producers of frozen salmonoids in the world?

The countries with the highest volumes of frozen salmonoids production in 2020 were the U.S., India and Mauritania, together accounting for 61% of global production.

What are the leading suppliers of frozen salmonoids to Vietnam?

In value terms, the largest frozen salmonoids suppliers to Vietnam were Russia, Japan and Chile, together accounting for 82% of total imports.

What are the leading importers of frozen salmonoids from Vietnam?

In value terms, the U.S., Colombia and Japan were the largest markets for frozen salmonoids exported from Vietnam worldwide, with a combined 89% share of total exports.

What is the average export price for frozen salmonoids in Vietnam?

The average frozen salmonoids export price stood at $3,078 per ton in 2020, rising by 55% against the previous year.

What is the average import price for frozen salmonoids in Vietnam?

In 2020, the average frozen salmonoids import price amounted to $2,009 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the frozen salmonoids 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.

Product coverage:

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023