Vietnam: Frozen Orange Juice Market 2020

Frozen Orange Juice Exports

Exports from Vietnam

Frozen orange juice exports from Vietnam stood at X tons in 2018, lowering by -X% against the previous year. Over the period under review, frozen orange juice exports, however, continue to indicate a pronounced increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, frozen orange juice exports reached their maximum at X tons in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, frozen orange juice exports totaled $X in 2018. Over the period under review, frozen orange juice exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, frozen orange juice exports attained their peak figure at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Taiwan, Chinese (X tons), Guinea (X tons) and China (X tons) were the main destinations of frozen orange juice exports from Vietnam, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen orange juice exported from Vietnam were Indonesia ($X), China ($X) and Guinea ($X), together comprising X% of total exports.

In terms of the main countries of destination, China (+X% per year) recorded the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice export price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average export prices for frozen unconcentrated orange juice reached their peak figure at $X per ton in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Taiwan, Chinese ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Guinea, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Vietnam

In 2018, approx. X tons of frozen unconcentrated orange juice were imported into Vietnam; increasing by X% against the previous year. Over the period under review, frozen orange juice imports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. In that year, frozen orange juice imports attained their peak of X tons. From 2011 to 2018, the growth of frozen orange juice imports failed to regain its momentum.

In value terms, frozen orange juice imports totaled $X in 2018. Overall, the total imports indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, frozen orange juice imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, Brazil (X tons) constituted the largest frozen orange juice supplier to Vietnam, accounting for a X% share of total imports. Moreover, frozen orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), threefold. The third position in this ranking was occupied by Israel (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Israel (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen orange juice to Vietnam, comprising X% of total frozen orange juice imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Brazil amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Israel (+X% per year).

Import Prices by Country

In 2018, the average frozen orange juice import price amounted to $X per ton, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for frozen unconcentrated orange juice attained their maximum at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Brazil ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform