Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Vietnam - 2022

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam (CIF) - 2022

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,974 per ton, surging by 20% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,974 per ton), while the price for Italy stood at $1,974 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,984 per ton in 2022, shrinking by -19.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 78%. Over the period under review, the average export prices reached the peak figure at $8,176 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,631 per ton), while the average price for exports to Lao People's Democratic Republic totaled $349 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.3%).

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam

Imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Vietnam surged to 30 tons in 2022, with an increase of 65% compared with the previous year's figure. In general, imports, however, saw a deep contraction.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia surged to $59K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.1N/AN/A45.9671.4%
Italy6.50.41.213.026.0%
Germany3.61.72.1N/A-23.6%
Greece46.622.426.4N/A-24.7%
Others0.70.10.1N/A-62.2%
Total57.424.629.758.80.8%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Vietnam in 2022:

  1. Spain (23.2 tons)
  2. Italy (6.6 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam

In 2022, after three years of growth, there was significant decline in overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia, when their volume decreased by -9.9% to 4.1 tons. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 177% against the previous year.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia shrank sharply to $8.1K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 189%.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.23.310.67.281.7%
Lao People's Democratic Republic0.61.70.50.914.5%
OthersN/AN/AN/AN/A0%
Total1.75.011.28.168.3%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Vietnam in 2022:

  1. Lao People's Democratic Republic (2.5 tons)
  2. United States (1.6 tons)

Source: IndexBox Market Intelligence Platform

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