Report Vietnam - Fresh or Chilled Salmonoids Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Vietnam - Fresh or Chilled Salmonoids Meat - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Market for Fresh Or Chilled Salmonoids Meat 2024

Market Size for Fresh Or Chilled Salmonoids Meat in Vietnam

The Vietnamese market for fresh or chilled salmonoids meat dropped modestly to $X in 2022, approximately equating the previous year. In general, consumption recorded a significant expansion. Fresh or chilled salmonoids meat consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Fresh Or Chilled Salmonoids Meat in Vietnam

In value terms, fresh or chilled salmonoids meat production shrank to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 28% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Fresh Or Chilled Salmonoids Meat

Exports from Vietnam

After three years of growth, shipments abroad of fresh or chilled salmonoids meat decreased by -4.6% to X tons in 2022. In general, exports saw a sharp descent. The growth pace was the most rapid in 2015 with an increase of 323%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, fresh or chilled salmonoids meat exports contracted to $X in 2022. Overall, exports faced a sharp downturn. The pace of growth was the most pronounced in 2015 when exports increased by 258% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for fresh or chilled salmonoids meat exports from Vietnam, accounting for a 99% share of total exports. It was followed by the United States (X kg), with a 1.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at -23.8%.

In value terms, Japan ($X) remains the key foreign market for fresh or chilled salmonoids meat exports from Vietnam, comprising 99% of total exports. The second position in the ranking was taken by the United States ($X), with a 1.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at -24.7%.

Export Prices by Country

The average export price for fresh or chilled salmonoids meat stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of 40%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-1.2%).

Imports of Fresh Or Chilled Salmonoids Meat

Imports into Vietnam

In 2020, overseas purchases of fresh or chilled salmonoids meat decreased by 0% to X tons, falling for the second consecutive year after two years of decline. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of 52% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, fresh or chilled salmonoids meat imports stood at $X in 2020. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 164%. As a result, imports attained the peak of $X. From 2017 to 2020, the growth of imports failed to regain momentum.

Imports by Country

In 2020, Norway (X tons) was the main supplier of fresh or chilled salmonoids meat to Vietnam, accounting for a approx. 100% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Norway was relatively modest.

In value terms, Norway ($X) constituted the largest supplier of fresh or chilled salmonoids meat to Vietnam.

From 2012 to 2020, the average annual rate of growth in terms of value from Norway totaled +12.5%.

Import Prices by Country

In 2020, the average import price for fresh or chilled salmonoids meat amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price enjoyed significant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 73% against the previous year. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2012 to 2020, the rate of growth in terms of prices for Poland amounted to +58.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Norway, Japan and the United States, together comprising 56% of global consumption. These countries were followed by Canada, Vietnam, Denmark and Poland, which together accounted for a further 24%.
Chile constituted the country with the largest volume of fresh or chilled salmonoids meat production, accounting for 47% of total volume. Moreover, fresh or chilled salmonoids meat production in Chile exceeded the figures recorded by the second-largest producer, Norway, twofold. The third position in this ranking was occupied by Vietnam, with an 8.2% share.
In value terms, Norway constituted the largest supplier of fresh or chilled salmonoids meat to Vietnam.
In value terms, Japan remains the key foreign market for fresh or chilled salmonoids meat exports from Vietnam.
In 2021, the average export price for fresh or chilled salmonoids meat amounted to $964 per ton, falling by -15.2% against the previous year.
The average import price for fresh or chilled salmonoids meat stood at $6,628 per ton in 2020, remaining stable against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled salmonoids meat 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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

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