Report Update Nov 1, 2024

Vietnam - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Vietnam

In 2021, the Vietnamese concentrated orange juice market decreased by -76.4% to $X, falling for the second year in a row after six years of growth. In general, consumption recorded a abrupt shrinkage. Concentrated orange juice consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Concentrated Orange Juice Exports

Exports from Vietnam

In 2021, overseas shipments of concentrated orange juice increased by 569% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, concentrated orange juice exports skyrocketed to $X in 2021. Overall, exports recorded perceptible growth. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for concentrated orange juice exports from Vietnam, accounting for a 57% share of total exports. Moreover, concentrated orange juice exports to the United States exceeded the volume sent to the second major destination, Senegal (X tons), threefold. The third position in this ranking was held by Cambodia (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +40.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+35.6% per year) and Cambodia (-3.7% per year).

In value terms, the United States ($X) remains the key foreign market for concentrated orange juice exports from Vietnam, comprising 64% of total exports. The second position in the ranking was held by Senegal ($X), with a 14% share of total exports. It was followed by Mozambique, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +38.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+30.2% per year) and Mozambique (+11.3% per year).

Export Prices by Country

In 2021, the average concentrated orange juice export price amounted to $X per ton, reducing by -20.3% against the previous year. In general, the export price showed a noticeable descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into Vietnam

In 2021, overseas purchases of concentrated orange juice decreased by -29.6% to X tons, falling for the second year in a row after eight years of growth. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 22%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, concentrated orange juice imports dropped markedly to $X in 2021. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 39%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Israel (X tons), Brazil (X tons) and Malaysia (X tons) were the main suppliers of concentrated orange juice imports to Vietnam, with a combined 80% share of total imports. Thailand, Australia and Cyprus lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +10.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest concentrated orange juice suppliers to Vietnam were Israel ($X), Brazil ($X) and Thailand ($X), together accounting for 84% of total imports. Malaysia, Australia and Cyprus lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, Australia, with a CAGR of +16.0%, recorded the highest growth rate of 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 concentrated orange juice import price stood at $X per ton in 2021, rising by 4.2% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Israel ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concentrated orange juice in the world?

The countries with the highest volumes of concentrated orange juice consumption in 2021 were the United States, Brazil and Germany, with a combined 51% share of global consumption. The UK, France, China, Poland, Saudi Arabia, Spain, Thailand, Japan, Russia and Ireland lagged somewhat behind, together comprising a further 25%.

What are the largest producers of concentrated orange juice in the world?

The country with the largest volume of concentrated orange juice production was Brazil, accounting for 52% of total volume. Moreover, concentrated orange juice production in Brazil exceeded the figures recorded by the second-largest producer, the United States, threefold. Mexico ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of concentrated orange juice to Vietnam?

In value terms, Brazil constituted the largest supplier of concentrated orange juice to Vietnam, comprising 51% of total imports. The second position in the ranking was occupied by Israel, with a 21% share of total imports. It was followed by the United States, with a 17% share.

What are the leading importers of concentrated orange juice from Vietnam?

In value terms, Thailand, Indonesia and South Korea appeared to be the largest markets for concentrated orange juice exported from Vietnam worldwide, with a combined 37% share of total exports. Taiwan Chinese), Chile, Burkina Faso, Ghana, Kuwait, China, Myanmar, Senegal, Pakistan and Togo lagged somewhat behind, together comprising a further 42%.

What is the average export price for concentrated orange juice in Vietnam?

The average concentrated orange juice export price stood at $1,758 per ton in 2021, which is down by -15.2% against the previous year.

What is the average import price for concentrated orange juice in Vietnam?

The average concentrated orange juice import price stood at $1,618 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the concentrated orange juice 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 492 - Orange Juice, Concentrated

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023