Vietnam: Fruit-Preparation Industrial Machinery Market 2025

Fruit-Preparation Industrial Machinery Market Size in Vietnam

In 2021, the Vietnamese fruit-preparation industrial machinery market increased by 73% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Fruit-Preparation Industrial Machinery Exports

Exports from Vietnam

After seven years of growth, overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables decreased by -41.6% to X units in 2021. In general, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2015 when exports increased by 123% against the previous year. The exports peaked at X units in 2020, and then fell rapidly in the following year.

In value terms, fruit-preparation industrial machinery exports shrank to $X in 2021. Overall, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 167%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X units), India (X units) and Ghana (X units) were the main destinations of fruit-preparation industrial machinery exports from Vietnam, with a combined 58% share of total exports. Kenya, Benin, Algeria, Germany and Mozambique lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +102.4%), while the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), India ($X) and Ghana ($X) constituted the largest markets for fruit-preparation industrial machinery exported from Vietnam worldwide, together comprising 73% of total exports. Benin, Kenya, Mozambique, Algeria and Germany lagged somewhat behind, together accounting for a further 12%.

Germany, with a CAGR of +114.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fruit-preparation industrial machinery export price stood at $X per unit in 2021, with an increase of 46% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable curtailment. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit-Preparation Industrial Machinery Imports

Imports into Vietnam

Fruit-preparation industrial machinery imports into Vietnam contracted to X units in 2021, with a decrease of -12.8% against 2020. In general, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2017 with an increase of 314% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fruit-preparation industrial machinery imports rose remarkably to $X in 2021. Overall, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 156%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Sweden (X units) and the Netherlands (X units) were the main suppliers of fruit-preparation industrial machinery imports to Vietnam, with a combined 58% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +86.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), China ($X) and the Netherlands ($X) were the largest fruit-preparation industrial machinery suppliers to Vietnam, together accounting for 39% of total imports.

Among the main suppliers, Sweden, with a CAGR of +129.9%, 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 fruit-preparation industrial machinery import price stood at $X per unit in 2021, surging by 25% against the previous year. In general, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 71% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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