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Vietnam - Leeks And Other Alliaceous Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeek Price in Vietnam - 2021
Contents:
- Leek Price in Vietnam (FOB) - 2022
- Leek Price in Vietnam (CIF) - 2022
- Leek Exports in Vietnam
- Leek Imports in Vietnam
Leek Price in Vietnam (FOB) - 2022
In 2022, the average leek export price amounted to $1,417 per ton, which is down by -16.1% against the previous year. Overall, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. The export price peaked at $1,896 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($1,871 per ton), while the average price for exports to Lao People's Democratic Republic ($426 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 Malaysia (+1.1%), while the prices for the other major destinations experienced a decline.
Leek Price in Vietnam (CIF) - 2022
The average leek import price stood at $763 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum at $2,045 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,218 per ton), while the price for Lao People's Democratic Republic ($510 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+137.7%), while the prices for the other major suppliers experienced a decline.
Leek Exports in Vietnam
In 2022, overseas shipments of leeks and other alliaceous vegetables were finally on the rise to reach 349 tons after two years of decline. In general, exports, however, faced a precipitous setback.
In value terms, leek exports soared to $495K in 2022. Overall, exports, however, saw a abrupt shrinkage.
Export of Leek in Vietnam (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 511 | 209 | 155 | 196 | -27.3% |
United States | 225 | 132 | 52.2 | 84.0 | -28.0% |
Cambodia | 25.9 | 21.8 | 20.1 | 25.5 | -0.5% |
Australia | 36.0 | 34.8 | 16.8 | 21.4 | -15.9% |
Japan | 10.3 | 26.7 | 16.3 | 20.7 | 26.2% |
Malaysia | 1.0 | 0.9 | 0.3 | 18.1 | 162.6% |
Hong Kong SAR | 27.0 | 28.0 | 10.9 | 13.5 | -20.6% |
Taiwan (Chinese) | 2.7 | 14.4 | 10.4 | 13.2 | 69.7% |
Canada | 21.2 | 31.3 | 5.6 | 6.1 | -34.0% |
Lao People's Democratic Republic | 4.2 | 11.5 | 2.6 | 3.8 | -3.3% |
Others | 91.2 | 122 | 67.7 | 92.4 | 0.4% |
Total | 955 | 632 | 358 | 495 | -19.7% |
Top Export Markets for Leek from Vietnam in 2022:
- United Kingdom (167.1 tons)
- United States (64.5 tons)
- Taiwan (Chinese) (18.1 tons)
- Cambodia (16.3 tons)
- Australia (14.5 tons)
- Japan (13.2 tons)
- Malaysia (9.7 tons)
- Hong Kong SAR (9.5 tons)
- Lao People's Democratic Republic (8.8 tons)
- Canada (3.8 tons)
Leek Imports in Vietnam
In 2022, purchases abroad of leeks and other alliaceous vegetables decreased by -21% to 13K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 154%. As a result, imports attained the peak of 17K tons, and then reduced markedly in the following year.
In value terms, leek imports contracted remarkably to $10M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 199% against the previous year.
Import of Leek in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.5 | 2.1 | 0.4 | 9.2 | 164.0% |
Italy | 0.2 | 1.0 | 6.0 | 0.4 | 26.0% |
Lao People's Democratic Republic | 1.0 | 2.1 | 3.3 | 0.3 | -33.1% |
Indonesia | 0.3 | 1.0 | 2.2 | 0.2 | -12.6% |
Malaysia | 0.4 | 1.0 | N/A | N/A | 150.0% |
Myanmar | N/A | N/A | 0.7 | N/A | 0% |
Others | 0.1 | 0.4 | 0.1 | 0.1 | 0.0% |
Total | 2.5 | 7.6 | 12.7 | 10.2 | 59.8% |
Top Suppliers of Leek to Vietnam in 2022:
- China (12.2K tons)
- Lao People's Democratic Republic (0.6K tons)
- Indonesia (0.3K tons)
- Italy (0.2K tons)
This report provides an in-depth analysis of the leek 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 407 - Leeks and other alliaceous vegetables
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
- 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, HARVESTED AREA 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
- Area Harvested, 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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