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Vietnam - Bread and Bakery Product - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBread and Bakery Price in Vietnam - 2021
Contents:
- Bread and Bakery Price in Vietnam (FOB) - 2022
- Bread and Bakery Price in Vietnam (CIF) - 2022
- Bread and Bakery Exports in Vietnam
- Bread and Bakery Imports in Vietnam
Bread and Bakery Price in Vietnam (FOB) - 2022
In 2022, the average bread and bakery export price amounted to $2,739 per ton, dropping by -4.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 9.6%. As a result, the export price reached the peak level of $2,858 per ton, and then fell modestly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,517 per ton), while the average price for exports to the Philippines ($1,648 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 the Philippines (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bread and Bakery Price in Vietnam (CIF) - 2022
In 2022, the average bread and bakery import price amounted to $3,494 per ton, shrinking by -2.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 7.9%. Over the period under review, average import prices attained the maximum at $3,709 per ton in 2015; however, from 2016 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 highest price was recorded for prices from South Korea ($3,698 per ton) and China ($3,595 per ton), while the price for the United Arab Emirates ($3,413 per ton) and Thailand ($3,460 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 Arab Emirates (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Bread and Bakery Exports in Vietnam
In 2022, the amount of bread and bakery exported from Vietnam shrank to 94K tons, declining by -3.9% against the previous year. Overall, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 8.4%.
In value terms, bread and bakery exports dropped to $257M in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports reached the peak of $279M, and then contracted in the following year.
Export of Bread and Bakery in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 9.6 | 9.2 | 10.9 | 33.9 | 52.3% |
United States | 18.4 | 22.9 | 32.5 | 30.1 | 17.8% |
Japan | 28.2 | 30.3 | 29.6 | 20.7 | -9.8% |
South Korea | 17.0 | 19.0 | 22.0 | 18.4 | 2.7% |
United Kingdom | 16.4 | 13.7 | 18.2 | 16.5 | 0.2% |
France | 13.7 | 13.2 | 15.8 | 15.5 | 4.2% |
Indonesia | 14.2 | 8.0 | 13.1 | 14.9 | 1.6% |
China | 31.9 | 24.2 | 23.6 | 12.1 | -27.6% |
Australia | 6.9 | 7.3 | 11.4 | 8.7 | 8.0% |
Netherlands | 5.4 | 5.5 | 7.5 | 6.8 | 8.0% |
Thailand | 8.1 | 8.7 | 7.6 | 6.5 | -7.1% |
Canada | 4.5 | 5.0 | 4.3 | 5.3 | 5.6% |
Philippines | 8.5 | 4.9 | 3.2 | 3.3 | -27.0% |
Others | 77.8 | 63.0 | 79.2 | 64.2 | -6.2% |
Total | 261 | 235 | 279 | 257 | -0.5% |
Top Export Markets for Bread and Bakery from Vietnam in 2022:
- Myanmar (11.1K tons)
- United States (9.2K tons)
- France (7.1K tons)
- United Kingdom (6.5K tons)
- China (6.5K tons)
- South Korea (6.0K tons)
- Japan (5.9K tons)
- Indonesia (4.6K tons)
- Australia (2.8K tons)
- Thailand (2.7K tons)
- Netherlands (2.6K tons)
- Philippines (2.0K tons)
- Canada (1.8K tons)
Bread and Bakery Imports in Vietnam
In 2022, the amount of bread and bakery imported into Vietnam shrank to 61K tons, declining by -9.6% on 2021 figures. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 68K tons, and then contracted in the following year.
In value terms, bread and bakery imports contracted to $215M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $244M, and then fell in the following year.
Import of Bread and Bakery in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 99.8 | 76.3 | 91.3 | 80.5 | -6.9% |
United Arab Emirates | 0.1 | 0.1 | N/A | 79.7 | 827.2% |
China | 10.2 | 21.8 | 52.3 | 12.1 | 5.9% |
Thailand | 28.5 | 25.0 | 30.5 | 11.9 | -25.3% |
Malaysia | 27.8 | 23.3 | 24.6 | 11.6 | -25.3% |
South Korea | 9.6 | 11.3 | 12.2 | 2.7 | -34.5% |
Taiwan (Chinese) | 4.6 | 3.7 | 2.9 | 1.0 | -39.9% |
Others | 28.8 | 24.1 | 29.9 | 15.2 | -19.2% |
Total | 209 | 186 | 244 | 215 | 0.9% |
Top Suppliers of Bread and Bakery to Vietnam in 2022:
- United Arab Emirates (23.4K tons)
- Indonesia (22.5K tons)
- China (3.4K tons)
- Thailand (3.4K tons)
- Malaysia (3.3K tons)
- South Korea (0.7K tons)
- Taiwan (Chinese) (0.3K tons)
This report provides an in-depth analysis of the bread and bakery 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:
- Prodcom 10721130 - Crispbread
- Prodcom 10721230 - Gingerbread and the like
- Prodcom 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721259 - Waffles and wafers (including salted) (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
- Prodcom 10721150 - Rusks, toasted bread and similar toasted products
- Prodcom 10711100 - Fresh bread containing by weight in the dry matter state . 5 % of sugars and . 5 % of fat (excluding with added honey, e ggs, cheese or fruit)
- Prodcom 10711200 - Cake and pastry products, other bakers
- Prodcom 10721910 - Matzos
- Prodcom 10721920 - Communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products
- Prodcom 10721940 - Biscuits (excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa, sweet biscuits, waffles and wafers)
- Prodcom 10721950 - Savoury or salted extruded or expanded products
- Prodcom 10721990 - Bakersu2019 wares, no added sweetening (including crepes, pancakes, quiche, pizza; excluding sandwiches, crispbread, waffles, wafers, rusks, toasted, savoury or salted extruded/expanded products)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the bread and bakery market in Vietnam.
This report provides an in-depth analysis of the waffle and wafer market in Vietnam.
This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in Vietnam.
This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Vietnam.
This report provides an in-depth analysis of the sweet biscuit market in Vietnam.
This report provides an in-depth analysis of the market for rusks and toasted bread in Vietnam.
This report provides an in-depth analysis of the matzos market in Vietnam.
This report provides an in-depth analysis of the gingerbread market in Vietnam.
This report provides an in-depth analysis of the fresh bread market in Vietnam.
This report provides an in-depth analysis of the crispbread market in Vietnam.
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