Vietnam: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Vietnam

The Vietnamese market for citrus fruit jams, marmalades, jellies, purees or pastes shrank slightly to $X in 2022, with a decrease of -3.4% against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.7% against 2020 indices. Citrus fruit jams and marmalades consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Vietnam

In value terms, citrus fruit jams and marmalades production reduced to $X in 2022 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.0% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 26% against the previous year. Citrus fruit jams and marmalades production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports from Vietnam

In 2022, overseas shipments of citrus fruit jams, marmalades, jellies, purees or pastes decreased by -18.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 372% against the previous year. The exports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, citrus fruit jams and marmalades exports reduced to $X in 2022. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 276% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

Taiwan (Chinese) (X tons), the United States (X tons) and China (X tons) were the main destinations of citrus fruit jams and marmalades exports from Vietnam, with a combined 81% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +64.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for citrus fruit jams and marmalades exported from Vietnam were Taiwan (Chinese) ($X), the United States ($X) and Canada ($X), with a combined 74% share of total exports.

The United States, with a CAGR of +46.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, increasing by 10% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 21%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to the United States ($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 Poland (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports into Vietnam

In 2022, imports of citrus fruit jams, marmalades, jellies, purees or pastes into Vietnam declined to X tons, flattening at 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 107%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, citrus fruit jams and marmalades imports shrank to $X in 2022. In general, imports, however, posted a notable increase. The most prominent rate of growth was recorded in 2016 when imports increased by 72% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

South Korea (X tons), the United States (X tons) and South Africa (X tons) were the main suppliers of citrus fruit jams and marmalades imports to Vietnam, with a combined 57% share of total imports. Spain, Malaysia, France, Taiwan (Chinese), China and Thailand lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +33.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United States ($X) and Malaysia ($X) appeared to be the largest citrus fruit jams and marmalades suppliers to Vietnam, together accounting for 57% of total imports. France, South Africa, Spain, Taiwan (Chinese), China and Thailand lagged somewhat behind, together comprising a further 22%.

Among the main suppliers, France, with a CAGR of +30.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, shrinking by -4.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2013 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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