Vietnam: Meat Dishes Market 2024

Meat Dishes Market Size in Vietnam

The Vietnamese meat dishes market shrank slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a deep reduction. Meat dishes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Meat Dishes Production in Vietnam

In value terms, meat dishes production reduced modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Meat dishes production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Meat Dishes Exports

Exports from Vietnam

Meat dishes exports from Vietnam dropped to X tons in 2022, which is down by X% compared with the year before. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, meat dishes exports fell to $X in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X tons), Hong Kong SAR (X tons) and South Korea (X tons) were the main destinations of meat dishes exports from Vietnam, together comprising X% of total exports.

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

In value terms, the largest markets for meat dishes exported from Vietnam were Japan ($X), Hong Kong SAR ($X) and South Korea ($X), together comprising X% of total exports.

Among the main countries of destination, Japan, with a CAGR of X%, saw the highest rates of growth with regard to 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 meat dishes export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Israel ($X per ton) and China ($X per ton), while the average price for exports to Japan ($X per ton) and Hong Kong SAR ($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 Cambodia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Dishes Imports

Imports into Vietnam

In 2022, the amount of meat dishes imported into Vietnam surged to X tons, jumping by X% against 2021. Over the period under review, imports showed a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, meat dishes imports soared to $X in 2022. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest meat dishes supplier to Vietnam, accounting for a X% share of total imports. Moreover, meat dishes imports from Brazil exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The United States (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of meat dishes to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average meat dishes import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price recorded a modest expansion. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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