Vietnam: Apple Market 2025

Apple Market Size in Vietnam

In 2021, the Vietnamese apple market increased by 18% to $X, rising for the seventh year in a row after two years of decline. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Apple Exports

Exports from Vietnam

In 2021, shipments abroad of apples increased by 240% to X tons, rising for the third year in a row after five years of decline. In general, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2019 with an increase of 361%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, apple exports surged to $X in 2021. Overall, exports recorded a resilient increase. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lao People's Democratic Republic (X tons) was the main destination for apple exports from Vietnam, accounting for a 98% share of total exports. It was followed by the United Arab Emirates (X tons), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Lao People's Democratic Republic totaled +59.6%.

In value terms, Lao People's Democratic Republic ($X) remains the key foreign market for apples exports from Vietnam, comprising 89% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Lao People's Democratic Republic amounted to +63.3%.

Export Prices by Country

In 2021, the average apple export price amounted to $X per ton, with an increase of 3.9% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. The export price peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major foreign markets. In 2021, 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 Lao People's Democratic Republic totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Apple Imports

Imports into Vietnam

In 2021, apple imports into Vietnam skyrocketed to X tons, rising by 17% on 2020 figures. Overall, imports showed temperate growth. The pace of growth was the most pronounced in 2019 when imports increased by 93% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, apple imports soared to $X in 2021. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 56% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

New Zealand (X tons), the United States (X tons) and China (X tons) were the main suppliers of apple imports to Vietnam, together accounting for 81% of total imports. These countries were followed by South Africa, France and Canada, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest apple suppliers to Vietnam were New Zealand ($X), the United States ($X) and China ($X), with a combined 81% share of total imports. These countries were followed by South Africa, France and Canada, which together accounted for a further 16%.

South Africa, with a CAGR of +49.1%, saw the highest growth rate of 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 2021, the average apple import price amounted to $X per ton, surging by 1.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 an increase of 27%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from South Africa ($X per ton) and the United States ($X per ton), while the price for China ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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