Vietnam - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhole Fresh Milk Price in Vietnam - 2021
Contents:
- Whole Fresh Milk Price in Vietnam (CIF) - 2022
- Whole Fresh Milk Price in Vietnam (FOB) - 2022
- Whole Fresh Milk Imports in Vietnam
- Whole Fresh Milk Exports in Vietnam
Whole Fresh Milk Price in Vietnam (CIF) - 2022
In 2022, the average whole fresh milk import price amounted to $806 per ton, dropping by -4.1% against the previous year. In general, the import price saw a noticeable shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $1,152 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($910 per ton) and New Zealand ($859 per ton), while the price for Uruguay ($662 per ton) and Poland ($690 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Whole Fresh Milk Price in Vietnam (FOB) - 2022
In 2022, the average whole fresh milk export price amounted to $681 per ton, approximately reflecting the previous year. In general, the export price recorded a noticeable setback. The growth pace was the most rapid in 2013 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $1,227 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,876 per ton), while the average price for exports to China ($485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Whole Fresh Milk Imports in Vietnam
In 2022, imports of whole fresh milk into Vietnam rose remarkably to 40K tons, increasing by 11% against 2021 figures. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of 44K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, whole fresh milk imports stood at $32M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of $34M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Whole Fresh Milk in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 9.3 | 12.9 | 12.6 | 10.7 | 4.8% |
France | 2.9 | 2.4 | 2.4 | 2.4 | -6.1% |
Germany | 1.6 | 1.0 | 1.1 | 2.1 | 9.5% |
Poland | 0.8 | 2.3 | 2.2 | 2.0 | 35.7% |
New Zealand | 3.3 | 2.8 | 2.2 | 1.8 | -18.3% |
Uruguay | 0.6 | 0.4 | 0.3 | 0.3 | -20.6% |
Slovenia | 0.4 | 0.5 | 0.3 | 0.3 | -9.1% |
Ireland | 0.4 | 0.6 | 0.4 | 0.3 | -9.1% |
Others | 10.6 | 11.2 | 8.5 | 12.2 | 4.8% |
Total | 30.0 | 34.1 | 30.2 | 32.1 | 2.3% |
Top Suppliers of Whole Fresh Milk to Vietnam in 2022:
- Australia (11.7K tons)
- France (3.3K tons)
- Poland (2.9K tons)
- Germany (2.6K tons)
- New Zealand (2.1K tons)
- Uruguay (0.5K tons)
- Slovenia (0.4K tons)
- Ireland (0.3K tons)
Whole Fresh Milk Exports in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of whole fresh milk, when their volume decreased by -33.7% to 1.2K tons. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 208% against the previous year. As a result, the exports attained the peak of 1.8K tons, and then declined dramatically in the following year.
In value terms, whole fresh milk exports contracted notably to $832K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 218%. As a result, the exports attained the peak of $1.3M, and then contracted rapidly in the following year.
Export of Whole Fresh Milk in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 124 | 324 | 949 | 605 | 69.6% |
Macao SAR | 18.0 | 52.5 | 195 | 138 | 97.2% |
China | 1.0 | 3.8 | 61.1 | 44.1 | 253.3% |
Cambodia | 2.2 | 4.6 | 31.4 | 25.2 | 125.4% |
Philippines | 0.1 | 1.9 | 9.8 | 9.6 | 357.9% |
Others | 6.8 | 11.5 | 18.6 | 10.7 | 16.3% |
Total | 152 | 398 | 1,266 | 832 | 76.2% |
Top Export Markets for Whole Fresh Milk from Vietnam in 2022:
- Hong Kong SAR (952.9 tons)
- Macao SAR (114.0 tons)
- China (90.9 tons)
- Cambodia (32.9 tons)
- Philippines (19.7 tons)
This report provides an in-depth analysis of the whole fresh milk market 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:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the whole fresh milk market in Vietnam.
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This report provides an in-depth analysis of the global whole fresh milk market.
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This report provides an in-depth analysis of the whole fresh milk market in Vietnam.
Explore the top import markets for whole fresh milk and their import values. Germany, China, Netherlands, Belgium, Italy, and more lead the global market. Discover key statistics and insights using data from the IndexBox market intelligence platform.
The global whole fresh milk market is estimated at $798.4B in 2018, an increase of 1.7% from 2017.
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The global milk market reduced to $778.1B in 2021, remaining constant against the previous year.
Driven by increasing demand worldwide, the milk market is forecast to expand with an anticipated CAGR of +1.7% for the period from 2020 to 2030, which is projected to bring the market volume to 1.2B tons by the end of 2030.
Germany dominated in the global milk trade in 2014. In 2014, Germany exported X thousand tons of milk totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total milk exports in
Developing countries are expected to display positive dynamics in per capita consumption of dairy products, due to robust income growth, expanding populations and a further globalization of diets.
Global cream fresh consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global cream fresh imports amounted to X thousand tons in 2015, standing approx. at the previous year level.