Report Update Nov 1, 2024

Vietnam - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Brazil Nut Market 2024

Brazil Nut Market Size in Vietnam

The Vietnamese brazil nut market surged to $X in 2021, growing by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw 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.

Brazil Nut Exports

Exports from Vietnam

In 2021, brazil nut exports from Vietnam contracted markedly to X tons, reducing by -39.7% compared with the year before. Overall, exports, however, showed mild growth. The growth pace was the most rapid in 2016 with an increase of 918%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, brazil nut exports dropped significantly to $X in 2021. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 1,622% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for brazil nut exports from Vietnam, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Qatar stood at +21.3%.

In value terms, Qatar ($X) also remains the key foreign market for brazil nut exports from Vietnam.

From 2012 to 2021, the average annual growth rate of value to Qatar amounted to +20.0%.

Export Prices by Country

The average brazil nut export price stood at $X per ton in 2021, increasing by 26% against the previous year. In general, the export price, however, saw a deep setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 69% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2021, the rate of growth in terms of prices for Egypt amounted to +116.9% per year.

Brazil Nut Imports

Imports into Vietnam

In 2021, brazil nut imports into Vietnam skyrocketed to X tons, with an increase of 23% compared with the previous year. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by 115%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, brazil nut imports expanded rapidly to $X in 2021. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 159%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Hong Kong SAR (X tons) constituted the largest supplier of brazil nut to Vietnam, accounting for a 85% share of total imports. Moreover, brazil nut imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, Nigeria (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hong Kong SAR stood at +14.8%.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of brazil nut to Vietnam, comprising 90% of total imports. The second position in the ranking was held by Nigeria ($X), with an 8.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Hong Kong SAR totaled +14.0%.

Import Prices by Country

In 2021, the average brazil nut import price amounted to $X per ton, falling by -10.8% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Nigeria stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Gambia (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for brazil nuts in the world?

The countries with the highest volumes of brazil nut consumption in 2021 were Bolivia, Brazil and Indonesia, with a combined 71% share of global consumption. Peru, Spain, Afghanistan and Benin lagged somewhat behind, together comprising a further 19%.

What are the largest producers of brazil nuts in the world?

The countries with the highest volumes of brazil nut production in 2021 were Brazil, Bolivia and Indonesia, with a combined 76% share of global production. These countries were followed by Peru, Afghanistan, Spain and Benin, which together accounted for a further 18%.

What are the leading suppliers of brazil nuts to Vietnam?

In value terms, Hong Kong SAR constituted the largest supplier of brazil nut to Vietnam.

What are the leading importers of brazil nuts from Vietnam?

In value terms, Qatar remains the key foreign market for brazil nut exports from Vietnam.

What is the average export price for brazil nuts in Vietnam?

The average brazil nut export price stood at $2,967 per ton in 2021, surging by 11% against the previous year.

What is the average import price for brazil nuts in Vietnam?

In 2021, the average brazil nut import price amounted to $1,143 per ton, picking up by 8.3% against the previous year.

This report provides an in-depth analysis of the brazil nut 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 216 - Brazil nuts

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023