Vietnam - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIce Cream Price in Vietnam - 2022
Contents:
- Ice Cream Price in Vietnam (CIF) - 2022
- Ice Cream Price in Vietnam (FOB) - 2022
- Ice Cream Imports in Vietnam
- Ice Cream Exports in Vietnam
Ice Cream Price in Vietnam (CIF) - 2022
The average ice cream import price stood at $3,491 per ton in 2022, with a decrease of -5% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ice cream import price increased by +46.8% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 33% against the previous year. The import price peaked at $3,675 per ton in 2021, and then declined in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($3,743 per ton) and Malaysia ($3,743 per ton), while the price for the United States ($3,322 per ton) and South Korea ($3,391 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ice Cream Price in Vietnam (FOB) - 2022
In 2022, the average ice cream export price amounted to $3,648 per ton, remaining constant against the previous year. In general, the export price recorded a slight descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 6.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,253 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($3,671 per ton) and South Korea ($3,652 per ton), while the average price for exports to Japan ($3,634 per ton) and Cambodia ($3,646 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Ice Cream Imports in Vietnam
After two years of decline, supplies from abroad of ice cream increased by 0.3% to 5.3K tons in 2022. Over the period under review, imports, however, showed a abrupt decrease.
In value terms, ice cream imports fell modestly to $19M in 2022. In general, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 10%.
Import of Ice Cream in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 8.9 | 8.0 | 7.9 | 7.1 | -7.3% |
South Korea | 6.9 | 4.3 | 3.9 | 4.3 | -14.6% |
Indonesia | 2.0 | 2.2 | 4.0 | 3.5 | 20.5% |
France | 1.0 | 0.9 | 0.8 | 0.8 | -7.2% |
Japan | 0.7 | 0.5 | 0.5 | 0.5 | -10.6% |
Czech Republic | N/A | 0.2 | 0.4 | 0.4 | 41.4% |
United States | 0.8 | 0.4 | 0.2 | 0.4 | -20.6% |
Others | 1.4 | 1.2 | 1.8 | 1.7 | 6.7% |
Total | 21.7 | 17.7 | 19.5 | 18.6 | -5.0% |
Top Suppliers of Ice Cream to Vietnam in 2022:
- Thailand (2063.1 tons)
- South Korea (1268.0 tons)
- Indonesia (935.2 tons)
- France (222.9 tons)
- Japan (135.2 tons)
- United States (114.7 tons)
- Czech Republic (102.6 tons)
Ice Cream Exports in Vietnam
In 2022, exports of ice cream from Vietnam surged to 144 tons, increasing by 27% compared with 2021. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 110%. As a result, the exports reached the peak of 175 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ice cream exports soared to $527K in 2022. In general, exports showed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 105%. As a result, the exports reached the peak of $634K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Ice Cream in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 104 | 76.8 | 23.9 | 188 | 21.8% |
Cambodia | 77.3 | 72.7 | 13.3 | 150 | 24.7% |
Japan | 44.3 | 81.3 | 14.8 | 127 | 42.1% |
United States | 40.6 | 10.2 | 16.3 | 62.3 | 15.3% |
Netherlands | N/A | 81.2 | 37.2 | N/A | -54.2% |
Australia | N/A | 48.9 | 162 | N/A | 231.3% |
Canada | N/A | 256 | 110 | N/A | -57.0% |
Others | 43.2 | 6.9 | 41.0 | N/A | -2.6% |
Total | 309 | 634 | 419 | 527 | 19.5% |
Top Export Markets for Ice Cream from Vietnam in 2022:
- South Korea (51.5 tons)
- Cambodia (41.0 tons)
- Japan (34.9 tons)
- United States (17.0 tons)
This report provides an in-depth analysis of the ice cream 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:
- Prodcom 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)
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
- 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 VOLUME AND VALUE
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
- 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
- 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 ice cream market in Vietnam.
This report provides an in-depth analysis of the global ice cream market.
This report provides an in-depth analysis of the ice cream market in Vietnam.
This report provides an in-depth analysis of the global ice cream market.
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...