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Vietnam - Chocolate and Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Market for Chocolate And Other Food Preparations Containing Cocoa 2024
Market Size for Chocolate And Other Food Preparations Containing Cocoa in Vietnam
In 2023, after two years of growth, there was significant decline in the Vietnamese market for chocolate and other food preparations containing cocoa, when its value decreased by X% to $X. Over the period under review, consumption, however, continues to indicate buoyant growth. Over the period under review, the market reached the maximum level at $X in 2022, and then declined in the following year.
Exports of Chocolate And Other Food Preparations Containing Cocoa
Exports from Vietnam
In 2023, exports of chocolate and other food preparations containing cocoa from Vietnam fell significantly to X tons, with a decrease of X% against the year before. In general, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2023, the growth of the exports of remained at a lower figure.
In value terms, exports of chocolate and other food preparations containing cocoa fell markedly to $X in 2023. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports of remained at a lower figure.
Exports by Country
South Korea (X tons) was the main destination for exports of chocolate and other food preparations containing cocoa from Vietnam, with a X% share of total exports. Moreover, exports of chocolate and other food preparations containing cocoa to South Korea exceeded the volume sent to the second major destination, the Philippines (X tons), twofold. China (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and China (X% per year).
In value terms, South Korea ($X) remains the key foreign market for chocolate and other food preparations containing cocoa exports from Vietnam, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports. It was followed by China, with a X% share.
From 2012 to 2023, the average annual growth rate of value to South Korea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and China (X% per year).
Export Prices by Country
In 2023, the average export price for chocolate and other food preparations containing cocoa amounted to $X per ton, which is down by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the countries with the highest prices were the Philippines ($X per ton) and Japan ($X per ton), while the average price for exports to Thailand ($X per ton) and China ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced a decline.
Imports of Chocolate And Other Food Preparations Containing Cocoa
Imports into Vietnam
In 2023, after two years of growth, there was significant decline in overseas purchases of chocolate and other food preparations containing cocoa, when their volume decreased by X% to X tons. Over the period under review, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of X tons, and then declined notably in the following year.
In value terms, imports of chocolate and other food preparations containing cocoa declined to $X in 2023. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2022, and then dropped in the following year.
Imports by Country
Indonesia (X tons), Malaysia (X tons) and Singapore (X tons) were the main suppliers of imports of chocolate and other food preparations containing cocoa to Vietnam, with a combined X% share of total imports. Belgium, Italy, the Philippines and the United States lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($X), Malaysia ($X) and Singapore ($X) constituted the largest chocolate and other food preparations containing cocoa suppliers to Vietnam, with a combined X% share of total imports. Belgium, Italy, the Philippines and the United States lagged somewhat behind, together comprising a further X%.
Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for chocolate and other food preparations containing cocoa amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Indonesia ($X per ton) and Malaysia ($X per ton), while the price for Belgium ($X per ton) and the Philippines ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for chocolate and other food preparations containing cocoa 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 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
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
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