Vietnam - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights

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Cream Fresh Price in Vietnam - 2021

Contents:

  1. Cream Fresh Price in Vietnam (CIF) - 2022
  2. Cream Fresh Price in Vietnam (FOB) - 2022
  3. Cream Fresh Imports in Vietnam
  4. Cream Fresh Exports in Vietnam

Cream Fresh Price in Vietnam (CIF) - 2022

The average cream fresh import price stood at $3,078 per ton in 2022, picking up by 5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2017 when the average import price increased by 27%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,453 per ton), while the price for the United States ($1,748 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Cream Fresh Price in Vietnam (FOB) - 2022

In 2022, the average cream fresh export price amounted to $2,658 per ton, rising by 21% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price increased by +61.1% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 41%. Over the period under review, the average export prices attained the peak figure at $2,952 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($3,940 per ton), while the average price for exports to Taiwan (Chinese) ($1,646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports in Vietnam

After two years of decline, supplies from abroad of cream fresh increased by 87% to 8.9K tons in 2022. Overall, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cream fresh imports surged to $27M in 2022. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cream Fresh in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand11.79.28.415.59.8%
France1.51.00.91.62.2%
Australia0.60.70.91.329.4%
PhilippinesN/AN/AN/A1.20%
IrelandN/A0.40.41.273.2%
NetherlandsN/AN/AN/A0.50%
Germany0.20.20.40.535.7%
United States0.10.20.40.458.7%
United Kingdom0.40.20.20.3-9.1%
Others2.52.12.24.925.1%
Total16.914.013.927.417.5%

Top Suppliers of Cream Fresh to Vietnam in 2022:

  1. New Zealand (4722.2 tons)
  2. Australia (552.3 tons)
  3. Ireland (466.0 tons)
  4. France (453.6 tons)
  5. Philippines (381.1 tons)
  6. United States (219.1 tons)
  7. Netherlands (202.3 tons)
  8. Germany (167.4 tons)
  9. United Kingdom (125.4 tons)

Cream Fresh Exports in Vietnam

In 2022, the amount of cream fresh exported from Vietnam contracted markedly to 3.9 tons, shrinking by -92% on the previous year's figure. Over the period under review, exports recorded a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 22%.

In value terms, cream fresh exports shrank dramatically to $10K in 2022. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 4.6% against the previous year.

Export of Cream Fresh in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia93.14.145.37.2-57.4%
Cambodia4.620.613.42.1-23.0%
Taiwan (Chinese)37.067.134.80.5-76.2%
Lao People's Democratic Republic2.33.31.70.3-49.3%
Singapore25.28.06.40.2-80.1%
OthersN/A0.16.40.241.4%
Total16210310810.4-60.0%

Top Export Markets for Cream Fresh from Vietnam in 2022:

  1. Malaysia (2857.0 kg)
  2. Cambodia (537.0 kg)
  3. Taiwan (Chinese) (322.0 kg)
  4. Lao People's Democratic Republic (108.0 kg)
  5. Singapore (58.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cream fresh 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.

Product coverage:

  • FCL 885 - Cream, Fresh

Country coverage:

    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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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