Vietnam - Spirits Obtained From Distilled Grape Wine Or Grape Marc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Wine Spirits Price in Vietnam - 2021
Contents:
- Grape Wine Spirits Price in Vietnam (CIF) - 2022
- Grape Wine Spirits Price in Vietnam (FOB) - 2022
- Grape Wine Spirits Imports in Vietnam
- Grape Wine Spirits Exports in Vietnam
Grape Wine Spirits Price in Vietnam (CIF) - 2022
The average grape wine spirits import price stood at $5.9 per litre in 2022, declining by -30.7% against the previous year. Overall, the import price, however, showed a tangible increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 223%. As a result, import price attained the peak level of $8.5 per litre, and then fell sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($16 per litre), while the price for France amounted to $2.7 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.0%).
Grape Wine Spirits Price in Vietnam (FOB) - 2022
The average grape wine spirits export price stood at $27 per litre in 2022, shrinking by -18.7% against the previous year. Over the period under review, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of 96%. The export price peaked at $38 per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +12.0% per year.
Grape Wine Spirits Imports in Vietnam
In 2022, after two years of decline, there was significant growth in overseas purchases of spirits obtained from distilled grape wine or grape marc, when their volume increased by 82% to 1.3M litres. Over the period under review, imports, however, faced a precipitous decline. Imports peaked at 4.7M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, grape wine spirits imports soared to $7.9M in 2022. Overall, imports, however, continue to indicate a deep downturn. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Grape Wine Spirits in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 5.9 | 2.7 | 4.6 | 5.2 | -4.1% |
France | 6.2 | 6.8 | 1.7 | 2.7 | -24.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.0 | 9.5 | 6.3 | 7.9 | -13.0% |
Top Suppliers of Grape Wine Spirits to Vietnam in 2022:
- France (1017.5K litres)
- United Arab Emirates (319.3K litres)
Grape Wine Spirits Exports in Vietnam
After two years of decline, overseas shipments of spirits obtained from distilled grape wine or grape marc increased by 48% to 57K litres in 2022. Overall, exports, however, recorded a dramatic curtailment. Over the period under review, the exports attained the peak figure at 131K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, grape wine spirits exports skyrocketed to $1.5M in 2022. Over the period under review, exports, however, recorded a drastic downturn. The exports peaked at $2.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Grape Wine Spirits in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.3 | 1.4 | 1.2 | 1.5 | -13.3% |
Singapore | N/A | 0.3 | N/A | N/A | 0% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 2.4 | 1.8 | 1.3 | 1.5 | -14.5% |
Top Export Markets for Grape Wine Spirits from Vietnam in 2022:
- China (56.4K litres)
This report provides an in-depth analysis of the grape wine spirits 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 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)
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
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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
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