Vietnam: Bread And Bakery Market 2025

Bread And Bakery Market Size in Vietnam

The Vietnamese bread and bakery market fell slightly to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a noticeable reduction. Bread and bakery consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Bread And Bakery Production in Vietnam

In value terms, bread and bakery production fell slightly to $X in 2022 estimated in export price. In general, production showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Bread And Bakery Exports

Exports from Vietnam

In 2022, exports of bread and bakery from Vietnam fell modestly to X tons, shrinking by X% compared with the previous year's figure. In general, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, bread and bakery exports declined to $X in 2022. Overall, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Myanmar (X tons), the United States (X tons) and France (X tons) were the main destinations of bread and bakery exports from Vietnam, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), the United States ($X) and Japan ($X) were the largest markets for bread and bakery exported from Vietnam worldwide, together accounting for X% of total exports.

Among the main countries of destination, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bread and bakery export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bread And Bakery Imports

Imports into Vietnam

In 2022, bread and bakery imports into Vietnam contracted to X tons, dropping by X% compared with the previous year's figure. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, bread and bakery imports fell to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

The United Arab Emirates (X tons), Indonesia (X tons) and Thailand (X tons) were the main suppliers of bread and bakery imports to Vietnam, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), the United Arab Emirates ($X) and China ($X) were the largest bread and bakery suppliers to Vietnam, with a combined X% share of total imports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bread and bakery import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($X per ton) and China ($X per ton), while the price for the United Arab Emirates ($X per ton) and Thailand ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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