Vietnam: Durum Wheat Market 2025

Durum Wheat Market Size in Vietnam

In 2022, the Vietnamese durum wheat market increased by 9.7% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, faced a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Durum Wheat Production in Vietnam

In value terms, durum wheat production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9%. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the near future.

The average yield of durum wheat in Vietnam was estimated at less than X kg per ha in 2022, approximately reflecting the previous year. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of durum wheat in Vietnam stood at less than X ha, therefore, remained relatively stable against 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Durum Wheat Exports

Exports from Vietnam

In 2022, the amount of durum wheat exported from Vietnam soared to X tons, jumping by 135% on the year before. Over the period under review, exports, however, showed a sharp decrease. The growth pace was the most rapid in 2018 with an increase of 437% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, durum wheat exports soared to $X in 2022. In general, exports, however, showed a dramatic descent. The pace of growth appeared the most rapid in 2018 with an increase of 320% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cambodia (X tons) was the main destination for durum wheat exports from Vietnam, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Cambodia totaled +52.8%.

In value terms, Cambodia ($X) also remains the key foreign market for durum wheat exports from Vietnam.

From 2013 to 2022, the average annual rate of growth in terms of value to Cambodia amounted to +48.4%.

Export Prices by Country

The average durum wheat export price stood at $X per ton in 2022, increasing by 6.8% against the previous year. Overall, the export price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of 69%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Cambodia amounted to -2.9% per year.

Durum Wheat Imports

Imports into Vietnam

In 2022, the amount of durum wheat imported into Vietnam dropped sharply to X tons, with a decrease of -77% on the year before. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2018 with an increase of 540% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, durum wheat imports dropped remarkably to $X in 2022. Overall, imports faced a dramatic slump. The pace of growth was the most pronounced in 2018 when imports increased by 482% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Canada (X tons), Brazil (X tons) and Paraguay (X tons) were the main suppliers of durum wheat imports to Vietnam, together comprising 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +18.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest durum wheat suppliers to Vietnam were Canada ($X), Brazil ($X) and Australia ($X), with a combined 76% share of total imports.

Among the main suppliers, Canada, with a CAGR of +10.3%, 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 durum wheat import price stood at $X per ton in 2022, declining by -4.3% against the previous year. In general, the import price showed a noticeable slump. The growth pace was the most rapid in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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