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Vietnam - Fresh Or Chilled Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Chicken Cut Price in Vietnam - 2022
Contents:
- Fresh Chicken Cut Price in Vietnam (FOB) - 2022
- Fresh Chicken Cut Price in Vietnam (CIF) - 2022
- Fresh Chicken Cut Exports in Vietnam
- Fresh Chicken Cut Imports in Vietnam
Fresh Chicken Cut Price in Vietnam (FOB) - 2022
In 2022, the average fresh chicken cut export price amounted to $2,502 per ton, which is down by -5.4% against the previous year. Over the period under review, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 36% against the previous year. The export price peaked at $3,182 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($4,000 per ton), while the average price for exports to Austria ($1,620 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 Panama (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Chicken Cut Price in Vietnam (CIF) - 2022
In 2022, the average fresh chicken cut import price amounted to $1,465 per ton, dropping by -9.9% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 132% against the previous year. Over the period under review, average import prices hit record highs at $1,626 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,847 per ton), while the price for Tunisia ($245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Chicken Cut Exports in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of fresh or chilled cuts of chicken, when their volume decreased by -9.9% to 5.4 tons. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 33%.
In value terms, fresh chicken cut exports fell to $14K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 72% against the previous year.
Export of Fresh Chicken Cut in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 4.7 | 7.9 | 8.2 | 8.7 | 22.8% |
Hong Kong SAR | 0.9 | 2.3 | 4.6 | 3.7 | 60.2% |
Austria | 0.9 | 0.9 | 1.6 | 1.1 | 6.9% |
Others | 0.1 | 0.1 | 1.7 | 0.1 | 0.0% |
Total | 6.5 | 11.3 | 16.0 | 13.6 | 27.9% |
Top Export Markets for Fresh Chicken Cut from Vietnam in 2022:
- Lao People's Democratic Republic (3.3 tons)
- Hong Kong SAR (1.4 tons)
- Austria (0.7 tons)
Fresh Chicken Cut Imports in Vietnam
Fresh chicken cut imports into Vietnam declined to 1.3K tons in 2022, with a decrease of -11.3% on the previous year's figure. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 29%.
In value terms, fresh chicken cut imports reduced markedly to $2M in 2022. Over the period under review, imports showed a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 68%. As a result, imports reached the peak of $2.5M, and then declined sharply in the following year.
Import of Fresh Chicken Cut in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 342 | 335 | 465 | 557 | 17.7% |
Netherlands | 344 | 258 | 407 | 516 | 14.5% |
Iran | 358 | 202 | 231 | 179 | -20.6% |
Italy | 81.3 | 9.2 | 61.9 | 78.6 | -1.1% |
Tunisia | 36.8 | 30.7 | 51.9 | 75.9 | 27.3% |
Ireland | 67.9 | 46.1 | 63.5 | 75.6 | 3.6% |
Egypt | 102 | 40.1 | 10.0 | 73.8 | -10.2% |
Turkey | 58.2 | 5.8 | 49.2 | 62.4 | 2.3% |
United Kingdom | 20.4 | 11.9 | 6.1 | 38.2 | 23.3% |
Jordan | 29.2 | 20.6 | 29.6 | 36.7 | 7.9% |
Pakistan | 21.6 | 12.5 | 14.5 | 14.7 | -12.0% |
Hungary | 14.0 | 9.0 | 11.8 | 13.3 | -1.7% |
Ukraine | 12.4 | 7.1 | 8.3 | 8.4 | -12.2% |
Others | 786 | 483 | 1,055 | 237 | -32.9% |
Total | 2,275 | 1,471 | 2,464 | 1,967 | -4.7% |
Top Suppliers of Fresh Chicken Cut to Vietnam in 2022:
- Tunisia (309.3 tons)
- Netherlands (199.0 tons)
- Poland (195.8 tons)
- Jordan (139.7 tons)
- Iran (97.3 tons)
- Egypt (61.2 tons)
- United Kingdom (56.2 tons)
- Italy (46.1 tons)
- Turkey (37.3 tons)
- Ireland (36.6 tons)
- Ukraine (33.9 tons)
- Hungary (30.5 tons)
- Pakistan (16.9 tons)
This report provides an in-depth analysis of the fresh chicken cut 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 10121050 - Fresh or chilled cuts of chicken
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
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