Vietnam - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugary Soft Drink Price in Vietnam - 2021
Contents:
- Sugary Soft Drink Price in Vietnam (CIF) - 2022
- Sugary Soft Drink Price in Vietnam (FOB) - 2022
- Sugary Soft Drink Imports in Vietnam
- Sugary Soft Drink Exports in Vietnam
Sugary Soft Drink Price in Vietnam (CIF) - 2022
The average sugary soft drink import price stood at $1 per litre in 2022, reducing by -2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 an increase of 43%. The import price peaked at $1 per litre 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 country with the highest price was Thailand ($1 per litre), while the price for Cambodia stood at $0.9 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.7%).
Sugary Soft Drink Price in Vietnam (FOB) - 2022
In 2022, the average sugary soft drink export price amounted to $0.9 per litre, waning by -1.7% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugary soft drink export price increased by +5.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 54%. The export price peaked at $0.9 per litre in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1.1 per litre), while the average price for exports to Guyana ($0.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sugary Soft Drink Imports in Vietnam
In 2022, sugary soft drink imports into Vietnam skyrocketed to 69M litres, jumping by 43% on 2021. In general, imports, however, saw a mild curtailment. Over the period under review, imports hit record highs at 89M litres in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, sugary soft drink imports surged to $69M in 2022. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $89M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Import of Sugary Soft Drink in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 61.4 | 82.8 | 47.6 | 65.5 | 2.2% |
Cambodia | 4.2 | 1.3 | 0.2 | 0.9 | -40.2% |
Others | 4.7 | 4.9 | 1.9 | 3.0 | -13.9% |
Total | 70.3 | 89.0 | 49.7 | 69.4 | -0.4% |
Top Suppliers of Sugary Soft Drink to Vietnam in 2022:
- Thailand (64.8M litres)
- Cambodia (0.9M litres)
Sugary Soft Drink Exports in Vietnam
After three years of growth, overseas shipments of sugary soft drinks decreased by -25% to 32M litres in 2022. In general, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 97%. As a result, the exports reached the peak of 43M litres, and then declined markedly in the following year.
In value terms, sugary soft drink exports fell markedly to $28M in 2022. Overall, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 111% against the previous year. As a result, the exports reached the peak of $38M, and then fell sharply in the following year.
Export of Sugary Soft Drink in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.3 | 1.7 | 5.5 | 4.4 | 144.8% |
Russia | 0.2 | 1.3 | 3.4 | 2.9 | 143.8% |
Cambodia | 1.5 | 1.9 | 3.1 | 2.7 | 21.6% |
United Arab Emirates | 0.4 | 0.4 | 3.0 | 2.5 | 84.2% |
Angola | 1.1 | 1.2 | 1.9 | 1.6 | 13.3% |
Australia | 0.8 | 1.2 | 2.3 | 1.5 | 23.3% |
Taiwan (Chinese) | 0.4 | 0.6 | 1.4 | 1.2 | 44.2% |
Guinea | 0.8 | 0.9 | 1.4 | 1.2 | 14.5% |
Singapore | 5.4 | 3.7 | 6.7 | 1.1 | -41.2% |
Papua New Guinea | 0.5 | 0.5 | 0.9 | 0.9 | 21.6% |
Germany | 0.1 | 0.3 | 1.2 | 0.8 | 100.0% |
South Korea | 1.1 | 0.7 | 0.6 | 0.5 | -23.1% |
Guyana | N/A | N/A | 0.2 | 0.2 | 0.0% |
Others | 3.5 | 3.6 | 6.2 | 6.2 | 21.0% |
Total | 16.4 | 17.9 | 37.7 | 27.8 | 19.2% |
Top Export Markets for Sugary Soft Drink from Vietnam in 2022:
- United States (5.2M litres)
- Russia (3.4M litres)
- Cambodia (3.1M litres)
- United Arab Emirates (2.9M litres)
- Singapore (1.6M litres)
- Australia (1.5M litres)
- Angola (1.5M litres)
- Guinea (1.5M litres)
- Taiwan (Chinese) (1.3M litres)
- Papua New Guinea (1.1M litres)
- Guyana (0.9M litres)
- Germany (0.7M litres)
- South Korea (0.6M litres)
This report provides an in-depth analysis of the sugary soft drink 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 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
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
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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
This report provides an in-depth analysis of the sugary soft drink market in Vietnam.
This report provides an in-depth analysis of the soft drink market in Vietnam.
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This report provides an in-depth analysis of the global sugary soft drink market.
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This report provides an in-depth analysis of the sugary soft drink market in Vietnam.
This report provides an in-depth analysis of the soft drink market in Vietnam.
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Vietnam.
This report provides an in-depth analysis of the global sugary soft drink market.
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