Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam - 2022

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam (CIF) - 2022
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam (FOB) - 2022
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam (CIF) - 2022

The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $4,515 per ton in December 2022, with an increase of 12% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 143% month-to-month. The import price peaked at $5,237 per ton in January 2022; however, from February 2022 to December 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was New Zealand ($5,257 per ton), while the price for Australia ($4,274 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam (FOB) - 2022

In 2022, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,318 per ton, shrinking by -11.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 an increase of 31%. The export price peaked at $2,294 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 Cambodia ($3,656 per ton), while the average price for exports to the United Arab Emirates ($1,217 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 (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam

In 2022, supplies from abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes decreased by -4.4% to 53K tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 0.3%. As a result, imports attained the peak of 98K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes shrank to $108M in 2022. Over the period under review, imports recorded a sharp curtailment. The growth pace was the most rapid in 2020 when imports increased by 5.2%. As a result, imports reached the peak of $225M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States70.268.925.016.4-38.4%
Australia17.718.713.810.5-16.0%
China5.75.66.57.911.5%
New Zealand8.015.17.57.9-0.4%
Canada4.43.73.87.418.9%
Chile0.30.22.33.7131.0%
Others10711359.354.0-20.4%
Total214225118108-20.4%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Vietnam in 2022:

  1. China (9.2K tons)
  2. United States (6.0K tons)
  3. Australia (4.3K tons)
  4. New Zealand (2.8K tons)
  5. Canada (2.7K tons)
  6. Chile (1.3K tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam

In 2022, overseas shipments of apricots, cherries, peaches (including nectarines), plums and sloes, freshes decreased by -54.4% to 858 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 162% against the previous year. As a result, the exports attained the peak of 1.9K tons, and then shrank sharply in the following year.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes dropped dramatically to $1.1M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 210% against the previous year.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates63.462.621024456.7%
Hong Kong SAR48.231631914745.0%
Cambodia2.30.57.657.9193.1%
Saudi Arabia64.056.117.646.7-10.0%
Taiwan (Chinese)N/AN/A10118.4-81.8%
Canada2.218.927.413.683.5%
Norway8.830.827.513.013.9%
PhilippinesN/A7.524.410.920.6%
Others1555732,07257955.2%
Total3441,0662,8071,13148.7%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Vietnam in 2022:

  1. United Arab Emirates (200.9 tons)
  2. Hong Kong SAR (120.8 tons)
  3. Saudi Arabia (20.5 tons)
  4. Cambodia (15.8 tons)
  5. Taiwan (Chinese) (11.9 tons)
  6. Canada (11.2 tons)
  7. Norway (10.7 tons)
  8. Philippines (9.0 tons)

Source: IndexBox Market Intelligence Platform

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