Price for Flour and Meal; of Potatoes in Vietnam - 2021
Contents:
- Price for Flour and Meal; of Potatoes in Vietnam (CIF) - 2022
- Price for Flour and Meal; of Potatoes in Vietnam (FOB) - 2022
- Imports of Flour and Meal; of Potatoes in Vietnam
- Exports of Flour and Meal; of Potatoes in Vietnam
Price for Flour and Meal; of Potatoes in Vietnam (CIF) - 2022
The average import price for flour and meal; of potatoeses stood at $1,346 per ton in 2022, which is down by -1.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $1,460 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($2,440 per ton), while the price for China ($984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Flour and Meal; of Potatoes in Vietnam (FOB) - 2022
The average export price for flour and meal; of potatoeses stood at $1,206 per ton in 2022, declining by -9.3% 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 2019 an increase of 19% against the previous year. The export price peaked at $1,526 per ton in 2015; however, from 2016 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 Hong Kong SAR ($8,382 per ton), while the average price for exports to the United States ($811 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 Hong Kong SAR (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flour and Meal; of Potatoes in Vietnam
In 2022, approx. 235 tons of flour and meal; of potatoeses were imported into Vietnam; picking up by 3.9% against 2021. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,383%. As a result, imports attained the peak of 244 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, flour and meal; of potatoes imports expanded to $317K in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,690%. As a result, imports attained the peak of $323K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Flour and Meal; of Potatoes in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 9.0 | 110 | 110 | 99.8 | 123.0% |
| China | 4.8 | 71.8 | 88.0 | 99.0 | 174.2% |
| Poland | 2.6 | 61.6 | 64.5 | 67.1 | 195.5% |
| Netherlands | 0.6 | 34.0 | 38.5 | 40.0 | 305.5% |
| Others | 1.0 | 45.1 | 9.6 | 10.7 | 120.4% |
| Total | 18.0 | 323 | 310 | 317 | 160.2% |
Top Suppliers of Flour and Meal; of Potatoes to Vietnam in 2022:
- China (100.7 tons)
- Poland (52.5 tons)
- Denmark (40.9 tons)
- Netherlands (33.9 tons)
Exports of Flour and Meal; of Potatoes in Vietnam
In 2022, after two years of decline, there was significant growth in shipments abroad of flour and meal; of potatoeses, when their volume increased by 503% to 6.4 tons. Over the period under review, exports, however, faced a sharp slump.
In value terms, flour and meal; of potatoes exports soared to $7.7K in 2022. In general, exports, however, showed a significant decrease.
| Export of Flour and Meal; of Potatoes in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 4.9 | N/A | 3.6 | -15.2% |
| Hong Kong SAR | 3.1 | 2.3 | N/A | 1.3 | -25.1% |
| Cambodia | 4.3 | 2.7 | N/A | 1.2 | -34.7% |
| New Zealand | 2.3 | 1.7 | N/A | 0.7 | -32.7% |
| Denmark | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
| Nigeria | N/A | N/A | 1.3 | N/A | 0% |
| Germany | 0.9 | 0.3 | N/A | N/A | -66.7% |
| Canada | 0.8 | 0.3 | N/A | N/A | -62.5% |
| Others | 2.3 | 1.6 | N/A | 0.8 | -29.7% |
| Total | 19.8 | 13.9 | 1.4 | 7.7 | -27.0% |
Top Export Markets for Flour and Meal; of Potatoes from Vietnam in 2022:
- United States (4421.0 kg)
- Cambodia (691.0 kg)
- New Zealand (680.0 kg)
- Denmark (158.0 kg)
- Hong Kong SAR (152.0 kg)
- Germany (28.0 kg)
- Canada (1.0 kg)
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