Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam - 2022
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam (CIF) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam (CIF) - 2022
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $502 per ton in 2022, surging by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2014 an increase of 18%. As a result, import price attained the peak level of $510 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($502 per ton) and the United States ($502 per ton), while the price for China ($502 per ton) and Germany ($502 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam (FOB) - 2022
The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $392 per ton in 2022, falling by -5.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 20%. As a result, the export price reached the peak level of $484 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($392 per ton), while the average price for exports to Thailand ($392 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 Pakistan (+18.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam
In 2022, imports of vegetables; potatoes (other than seed), fresh or chilleds into Vietnam soared to 84K tons, growing by 32% compared with 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.5% 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 +83.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $42M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.9 | 22.4 | 24.8 | 32.8 | 20.2% |
India | 0.1 | 0.4 | 1.8 | 6.7 | 306.2% |
Germany | 1.8 | 0.6 | 1.0 | 2.5 | 11.6% |
United States | 0.8 | 2.3 | 0.3 | 0.1 | -50.0% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 21.6 | 25.8 | 28.0 | 42.2 | 25.0% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Vietnam in 2022:
- China (65.4K tons)
- India (13.3K tons)
- Germany (5.0K tons)
- United States (0.3K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam
In 2022, exports of vegetables; potatoes (other than seed), fresh or chilleds from Vietnam surged to 12K tons, with an increase of 213% on the previous year. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $4.6M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | N/A | N/A | 1.1 | 4.1 | 272.7% |
Lao People's Democratic Republic | 0.7 | 0.6 | 0.4 | 0.4 | -17.0% |
Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Total | 0.7 | 0.7 | 1.6 | 4.6 | 87.3% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Vietnam in 2022:
- Thailand (10.5K tons)
- Lao People's Democratic Republic (1.1K tons)
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