Price for Cereal Flours; Other than of Wheat or Meslin in Vietnam - 2022
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Vietnam (FOB) - 2022
- Price for Cereal Flours; Other than of Wheat or Meslin in Vietnam (CIF) - 2022
- Exports of Cereal Flours; Other than of Wheat or Meslin in Vietnam
- Imports of Cereal Flours; Other than of Wheat or Meslin in Vietnam
Price for Cereal Flours; Other than of Wheat or Meslin in Vietnam (FOB) - 2022
The average export price for cereal flours; other than of wheat or meslin stood at $906 per ton in 2022, increasing by 2.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $985 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($908 per ton) and Australia ($908 per ton), while the average price for exports to Cambodia ($757 per ton) and the Netherlands ($885 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereal Flours; Other than of Wheat or Meslin in Vietnam (CIF) - 2022
The average import price for cereal flours; other than of wheat or meslin stood at $992 per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2020 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $993 per ton in 2021, and then reduced slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,007 per ton) and Cambodia ($1,007 per ton), while the price for Japan ($823 per ton) and the United States ($995 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Flours; Other than of Wheat or Meslin in Vietnam
Exports of cereal flours; other than of wheat or meslin from Vietnam expanded remarkably to 13K tons in 2022, surging by 7.4% against 2021. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cereal flours; other than of wheat or meslin rose markedly to $12M in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Cereal Flours; Other than of Wheat or Meslin in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 3,383 | 3,269 | 3,461 | 4,586 | 10.7% |
| United States | 1,815 | 3,288 | 2,072 | 2,182 | 6.3% |
| Australia | 1,592 | 2,050 | 1,464 | 1,535 | -1.2% |
| New Zealand | 108 | 171 | 737 | 706 | 87.0% |
| Canada | 188 | 332 | 196 | 375 | 25.9% |
| Netherlands | 203 | 326 | 220 | 331 | 17.7% |
| Taiwan (Chinese) | 123 | 181 | 237 | 272 | 30.3% |
| Germany | 235 | 372 | 300 | 263 | 3.8% |
| France | 211 | 327 | 336 | 247 | 5.4% |
| Hong Kong SAR | 195 | 157 | 198 | 242 | 7.5% |
| Others | 385 | 929 | 1,249 | 768 | 25.9% |
| Total | 8,437 | 11,402 | 10,470 | 11,506 | 10.9% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Vietnam in 2022:
- Philippines (5.0K tons)
- United States (2.4K tons)
- Australia (1.7K tons)
- New Zealand (0.8K tons)
- Canada (0.4K tons)
- Netherlands (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
- France (0.3K tons)
- Germany (0.3K tons)
- Hong Kong SAR (0.3K tons)
Imports of Cereal Flours; Other than of Wheat or Meslin in Vietnam
In 2022, overseas purchases of cereal flours; other than of wheat or meslin were finally on the rise to reach 3.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt setback.
In value terms, imports of cereal flours; other than of wheat or meslin expanded markedly to $3.7M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of $4.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cereal Flours; Other than of Wheat or Meslin in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2,767 | 2,130 | 1,695 | 1,602 | -16.7% |
| Cambodia | 168 | 1,438 | 1,073 | 1,437 | 104.5% |
| Japan | 219 | 137 | 226 | 176 | -7.0% |
| United States | 43.1 | 48.3 | 105 | 173 | 58.9% |
| Australia | 121 | 156 | 151 | 105 | -4.6% |
| India | 73.6 | 7.1 | 20.3 | 74.9 | 0.6% |
| Belgium | 44.5 | 56.3 | 47.9 | 69.2 | 15.9% |
| Others | 109 | 186 | 156 | 107 | -0.6% |
| Total | 3,546 | 4,160 | 3,474 | 3,744 | 1.8% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Vietnam in 2022:
- Thailand (1590.5 tons)
- Cambodia (1426.7 tons)
- Japan (213.8 tons)
- United States (173.9 tons)
- Australia (104.3 tons)
- India (74.3 tons)
- Belgium (68.7 tons)
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This report provides an in-depth analysis of the cereal flour market in Vietnam.
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This report provides an in-depth analysis of the global cereal flour market.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
