Price for Vegetable Products Not Elsewhere Specified or Included in Vietnam - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Vietnam (FOB) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Vietnam
Price for Vegetable Products Not Elsewhere Specified or Included in Vietnam (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $406 per ton, increasing by 49% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices attained the maximum at $1,567 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($408 per ton) and Japan ($405 per ton), while the average price for exports to Spain ($395 per ton) and France ($405 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 France (-11.2%), while the prices for the other major destinations experienced a decline.
Exports of Vegetable Products Not Elsewhere Specified or Included in Vietnam
Exports of vegetable products not elsewhere specified or includeds from Vietnam skyrocketed to 67K tons in 2022, jumping by 22% against 2021 figures. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 88% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds skyrocketed to $27M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.1 | 4.6 | 5.5 | 16.5 | 59.1% |
| China | 0.4 | 0.6 | 1.6 | 2.8 | 91.3% |
| India | 4.2 | 4.2 | 2.0 | 1.7 | -26.0% |
| Japan | 1.9 | 2.3 | 1.4 | 1.7 | -3.6% |
| United States | 0.4 | 0.8 | 1.3 | 1.0 | 35.7% |
| Spain | 0.2 | 0.1 | 0.3 | 0.6 | 44.2% |
| France | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Australia | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Others | 2.0 | 1.5 | 1.8 | 1.7 | -5.3% |
| Total | 13.8 | 14.9 | 15.0 | 27.1 | 25.2% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Vietnam in 2022:
- South Korea (40.7K tons)
- China (6.9K tons)
- Japan (4.3K tons)
- India (4.2K tons)
- United States (2.4K tons)
- Spain (1.4K tons)
- France (1.2K tons)
- Taiwan (Chinese) (0.9K tons)
- Australia (0.7K tons)
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