Vietnam: Candied Fruit Market 2025

Candied Fruit Market Size in Vietnam

In 2021, the Vietnamese candied fruit market increased by 15% to $X, rising for the sixth year in a row after three years of decline. Over the period under review, consumption recorded buoyant growth. Candied fruit consumption peaked in 2021 and is expected to retain growth in years to come.

Candied Fruit Production in Vietnam

In value terms, candied fruit production dropped notably to $X in 2021 estimated in export price. In general, production, however, saw a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 82%. Candied fruit production peaked at $X in 2020, and then dropped markedly in the following year.

Candied Fruit Exports

Exports from Vietnam

After three years of growth, shipments abroad of candied fruits decreased by -28.6% to X tons in 2021. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 209%. The exports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, candied fruit exports reduced markedly to $X in 2021. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 278%. The exports peaked at $X in 2020, and then reduced markedly in the following year.

Exports by Country

China (X tons) was the main destination for candied fruit exports from Vietnam, with a 89% share of total exports. It was followed by Singapore (X tons), with a 3% share of total exports. The United States (X tons) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +255.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-9.9% per year) and the United States (-0.8% per year).

In value terms, China ($X) remains the key foreign market for candied fruit exports from Vietnam, comprising 89% of total exports. The second position in the ranking was held by the United States ($X), with a 2.8% share of total exports. It was followed by Singapore, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +187.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.9% per year) and Singapore (-10.6% per year).

Export Prices by Country

In 2021, the average candied fruit export price amounted to $X per ton, shrinking by -3.1% against the previous year. Over the period under review, the export price, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then contracted modestly in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Taiwan (Chinese) (+2.8%), while the prices for the other major destinations experienced a decline.

Candied Fruit Imports

Imports into Vietnam

In 2021, after two years of decline, there was significant growth in overseas purchases of candied fruits, when their volume increased by 850% to X tons. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, candied fruit imports surged to $X in 2021. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand (X tons), China (X tons) and Cambodia (X tons) were the main suppliers of candied fruit imports to Vietnam, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were in Cambodia (with a CAGR of +427.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Cambodia ($X) were the largest candied fruit suppliers to Vietnam, together accounting for 92% of total imports.

In terms of the main suppliers, Cambodia, with a CAGR of +395.4%, saw 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 candied fruit import price stood at $X per ton in 2021, with a decrease of -21.4% against the previous year. In general, the import price, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2015 an increase of 42% against the previous year. The import price peaked at $X per ton in 2020, and then reduced notably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from the United States ($X per ton) and Cambodia ($X per ton), while the price for China ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :