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Vietnam - Wheat Gluten - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheat Gluten Price in Vietnam - 2022
Contents:
- Wheat Gluten Price in Vietnam (CIF) - 2022
- Wheat Gluten Price in Vietnam (FOB) - 2022
- Wheat Gluten Imports in Vietnam
- Wheat Gluten Exports in Vietnam
Wheat Gluten Price in Vietnam (CIF) - 2022
The average wheat gluten import price stood at $1,525 per ton in 2022, declining by -4.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 an increase of 33%. The import price peaked at $1,741 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($1,720 per ton) and China ($1,584 per ton), while the price for Germany ($1,282 per ton) and Belgium ($1,309 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Wheat Gluten Price in Vietnam (FOB) - 2022
In 2022, the average wheat gluten export price amounted to $2,147 per ton, which is down by -6.3% against the previous year. In general, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 when the average export price increased by 42%. Over the period under review, the average export prices reached the maximum at $5,962 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($2,509 per ton) and the Philippines ($2,434 per ton), while the average price for exports to the United States ($1,896 per ton) and France ($2,122 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 the Philippines (+0.7%), while the prices for the other major destinations experienced a decline.
Wheat Gluten Imports in Vietnam
In 2022, supplies from abroad of wheat gluten decreased by -12.3% to 13K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 15K tons, and then reduced in the following year.
In value terms, wheat gluten imports declined significantly to $20M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 47%. As a result, imports attained the peak of $24M, and then reduced notably in the following year.
Import of Wheat Gluten in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 10.6 | 10.9 | 12.5 | 13.7 | 8.9% |
Netherlands | 0.4 | 1.5 | 3.5 | 2.1 | 73.8% |
Belgium | 0.4 | 0.3 | 3.4 | 1.8 | 65.1% |
Poland | 1.6 | 1.9 | 2.0 | 1.3 | -6.7% |
Germany | 0.8 | 0.9 | 0.9 | 0.7 | -4.4% |
Australia | 0.2 | 0.3 | 0.9 | 0.1 | -20.6% |
France | 1.1 | 0.2 | 0.4 | 0.1 | -55.0% |
Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
Total | 15.2 | 16.1 | 23.8 | 19.9 | 9.4% |
Top Suppliers of Wheat Gluten to Vietnam in 2022:
- China (8.6K tons)
- Netherlands (1.5K tons)
- Belgium (1.4K tons)
- Poland (0.8K tons)
- Germany (0.6K tons)
- Australia (0.1K tons)
- France (0.1K tons)
Wheat Gluten Exports in Vietnam
In 2022, approx. 13 tons of wheat gluten were exported from Vietnam; which is down by -2.2% on the year before. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 4.7% against the previous year.
In value terms, wheat gluten exports reduced to $27K in 2022. Over the period under review, exports showed a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 20%.
Export of Wheat Gluten in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.4 | 5.1 | 10.2 | 12.2 | 105.8% |
Philippines | 21.4 | 14.2 | 16.2 | 12.0 | -17.5% |
Australia | 3.1 | 3.0 | 1.8 | 1.7 | -18.1% |
France | 1.7 | 1.6 | 0.7 | 0.7 | -25.6% |
Canada | 1.8 | 0.5 | 0.4 | 0.1 | -61.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 29.3 | 24.4 | 29.3 | 26.8 | -2.9% |
Top Export Markets for Wheat Gluten from Vietnam in 2022:
- United States (6.4 tons)
- Philippines (5.0 tons)
- Australia (0.7 tons)
- France (0.4 tons)
- Canada (0.1 tons)
This report provides an in-depth analysis of the wheat gluten 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:
- FCL 24 - Wheat Gluten
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
This report provides an in-depth analysis of the wheat gluten market in Vietnam.
This report provides an in-depth analysis of the market for antimony and articles thereof in Vietnam.
This report provides an in-depth analysis of the global wheat gluten market.
This report provides an in-depth analysis of the global market for antimony and articles thereof.
This report provides an in-depth analysis of the wheat gluten market in Vietnam.
This report provides an in-depth analysis of the global wheat gluten market.
In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures.
The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...
In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures.
The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...