Vietnam: Fruit And Berry Market 2024

Fruit And Berry Market Size in Vietnam

In 2022, the Vietnamese fruit and berry market decreased by X% to $X, falling for the second consecutive year after six years of growth. In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Fruit And Berry Production in Vietnam

In value terms, fruit and berry production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of fruits and berries in Vietnam reduced modestly to X tons per ha in 2022, with a decrease of X% on 2021. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the yield increased by X%. Over the period under review, the average fruit and berry yield attained the maximum level at X tons per ha in 2021, and then shrank slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of fruits and berries production in Vietnam declined modestly to X ha, remaining stable against the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. The fruit and berry harvested area peaked at X ha in 2021, and then dropped modestly in the following year.

Fruit And Berry Exports

Exports from Vietnam

In 2022, shipments abroad of fruits and berries was finally on the rise to reach X tons after two years of decline. Overall, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, fruit and berry exports shrank to $X in 2022. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for fruit and berry exports from Vietnam, with a X% share of total exports. Moreover, fruit and berry exports to the United Arab Emirates exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for fruits and berries exports from Vietnam, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%.

Export Prices by Country

The average fruit and berry export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 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 the United Arab Emirates ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Fruit And Berry Imports

Imports into Vietnam

In 2022, after four years of decline, there was significant growth in supplies from abroad of fruits and berries, when their volume increased by X% to X tons. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, fruit and berry imports expanded sharply to $X in 2022. Over the period under review, imports recorded perceptible growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of fruit and berry to Vietnam, accounting for a X% share of total imports. Moreover, fruit and berry imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold. New Zealand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and New Zealand (X% per year).

In value terms, China ($X) constituted the largest supplier of fruits and berries to Vietnam, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the average fruit and berry import price amounted to $X per ton, shrinking by X% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit and berry import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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