Vietnam - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chocolate and Other Food Preparations Containing Cocoa in Vietnam - 2022
Contents:
- Price for Chocolate and Other Food Preparations Containing Cocoa in Vietnam (CIF) - 2022
- Price for Chocolate and Other Food Preparations Containing Cocoa in Vietnam (FOB) - 2022
- Imports of Chocolate and Other Food Preparations Containing Cocoa in Vietnam
- Exports of Chocolate and Other Food Preparations Containing Cocoa in Vietnam
Price for Chocolate and Other Food Preparations Containing Cocoa in Vietnam (CIF) - 2022
In 2022, the average import price for chocolate and other food preparations containing cocoa amounted to $3,615 per ton, declining by -3.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 12%. The import price peaked at $3,895 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Philippines ($3,619 per ton) and Indonesia ($3,619 per ton), while the price for Italy ($3,616 per ton) and China ($3,618 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chocolate and Other Food Preparations Containing Cocoa in Vietnam (FOB) - 2022
In 2022, the average export price for chocolate and other food preparations containing cocoa amounted to $3,869 per ton, growing by 4.7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 9% against the previous year. As a result, the export price reached the peak level of $4,082 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($3,872 per ton) and Japan ($3,872 per ton), while the average price for exports to Singapore ($3,872 per ton) and Malaysia ($3,872 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 Belgium (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chocolate and Other Food Preparations Containing Cocoa in Vietnam
Imports of chocolate and other food preparations containing cocoa into Vietnam shrank to 1.6K tons in 2022, with a decrease of -8% against the year before. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports attained the peak of 1.7K tons, and then declined in the following year.
In value terms, imports of chocolate and other food preparations containing cocoa reduced to $5.7M in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports reached the peak of $6.4M, and then contracted in the following year.
| Import of Chocolate and Other Food Preparations Containing Cocoa in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,341 | 982 | 2,041 | 2,350 | 20.6% |
| Malaysia | 222 | 641 | 1,227 | 1,394 | 84.5% |
| Singapore | 1,168 | 970 | 847 | 960 | -6.3% |
| Belgium | 1,748 | 902 | 1,231 | 412 | -38.2% |
| Philippines | 190 | 192 | 186 | 128 | -12.3% |
| United States | 93.2 | 24.5 | 62.2 | 109 | 5.4% |
| China | 28.2 | 9.2 | 30.3 | 94.1 | 49.4% |
| Italy | 49.7 | 117 | 669 | 1.5 | -68.9% |
| Others | 191 | 71.7 | 93.6 | 212 | 3.5% |
| Total | 5,031 | 3,910 | 6,387 | 5,660 | 4.0% |
Top Suppliers of Chocolate and Other Food Preparations Containing Cocoa to Vietnam in 2022:
- Indonesia (649.5 tons)
- Malaysia (385.1 tons)
- Singapore (265.2 tons)
- Belgium (113.8 tons)
- Philippines (35.3 tons)
- United States (30.2 tons)
- China (26.0 tons)
- Italy (0.4 tons)
Exports of Chocolate and Other Food Preparations Containing Cocoa in Vietnam
In 2022, after two years of decline, there was significant growth in shipments abroad of chocolate and other food preparations containing cocoa, when their volume increased by 71% to 623 tons. Over the period under review, exports, however, saw a abrupt shrinkage.
In value terms, exports of chocolate and other food preparations containing cocoa surged to $2.4M in 2022. In general, exports, however, showed a perceptible slump.
| Export of Chocolate and Other Food Preparations Containing Cocoa in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,548 | 682 | 555 | 1,033 | -12.6% |
| Philippines | 210 | 50.0 | 186 | 426 | 26.6% |
| Taiwan (Chinese) | 47.0 | 53.8 | 52.4 | 195 | 60.7% |
| Japan | 23.4 | 13.9 | 1.4 | 140 | 81.5% |
| Malaysia | 16.2 | 12.7 | 15.9 | 129 | 99.7% |
| China | 81.5 | 319 | 275 | 126 | 15.6% |
| Belgium | N/A | N/A | 148 | 109 | -26.4% |
| United States | 53.0 | 38.8 | 20.0 | 65.6 | 7.4% |
| Cambodia | 87.4 | 60.8 | 40.8 | 53.4 | -15.1% |
| Singapore | 276 | 116 | 0.8 | 43.9 | -45.8% |
| Thailand | 79.6 | 200 | 9.1 | 19.9 | -37.0% |
| Others | 214 | 53.8 | 42.8 | 66.6 | -32.2% |
| Total | 2,637 | 1,602 | 1,347 | 2,409 | -3.0% |
Top Export Markets for Chocolate and Other Food Preparations Containing Cocoa from Vietnam in 2022:
- South Korea (266.8 tons)
- Philippines (110.1 tons)
- Taiwan (Chinese) (50.5 tons)
- Japan (36.3 tons)
- Malaysia (33.4 tons)
- China (32.4 tons)
- Belgium (28.3 tons)
- United States (16.9 tons)
- Cambodia (13.8 tons)
- Singapore (11.3 tons)
- Thailand (5.1 tons)
This report provides an in-depth analysis of the chocolate 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 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
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
- 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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