Price for Apples, Pears and Quinces; Fresh in Vietnam - 2021

Contents:

  1. Price for Apples, Pears and Quinces; Fresh in Vietnam (CIF) - 2022
  2. Price for Apples, Pears and Quinces; Fresh in Vietnam (FOB) - 2022
  3. Imports of Apples, Pears and Quinces; Fresh in Vietnam
  4. Exports of Apples, Pears and Quinces; Fresh in Vietnam

Price for Apples, Pears and Quinces; Fresh in Vietnam (CIF) - 2022

The average import price for apples, pears and quinces; freshes stood at $1,157 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2018 an increase of 23% against the previous year. The import price peaked at $1,384 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,689 per ton), while the price for Canada ($798 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Apples, Pears and Quinces; Fresh in Vietnam (FOB) - 2022

The average export price for apples, pears and quinces; freshes stood at $1,067 per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 18% against the previous year. The export price peaked at $1,074 per ton in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,413 per ton), while the average price for exports to India ($111 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 the Philippines (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Apples, Pears and Quinces; Fresh in Vietnam

In 2022, apples, pears and quinces; fresh imports into Vietnam shrank to 156K tons, falling by -5.3% compared with 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 12%. As a result, imports attained the peak of 164K tons, and then dropped in the following year.

In value terms, apples, pears and quinces; fresh imports shrank to $180M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of $191M, and then declined in the following year.

Import of Apples, Pears and Quinces; Fresh in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand41.258.268.871.420.1%
United States53.447.545.147.5-3.8%
China16.226.436.626.217.4%
South Africa11.212.820.614.18.0%
France11.37.06.28.6-8.7%
South Korea13.29.65.97.1-18.7%
Canada4.23.84.62.9-11.6%
Others5.04.03.32.3-22.8%
Total1561691911804.9%

Top Suppliers of Apples, Pears and Quinces; Fresh to Vietnam in 2022:

  1. New Zealand (50.0K tons)
  2. United States (43.4K tons)
  3. China (29.4K tons)
  4. South Africa (15.8K tons)
  5. France (7.1K tons)
  6. South Korea (4.2K tons)
  7. Canada (3.6K tons)

Exports of Apples, Pears and Quinces; Fresh in Vietnam

In 2022, shipments abroad of apples, pears and quinces; freshes decreased by -29% to 371 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 139%. As a result, the exports reached the peak of 523 tons, and then contracted markedly in the following year.

In value terms, apples, pears and quinces; fresh exports fell notably to $396K in 2022. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 144%. As a result, the exports attained the peak of $562K, and then dropped markedly in the following year.

Export of Apples, Pears and Quinces; Fresh in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic18.161.3317201123.1%
Indonesia16.635.774.556.450.3%
Cambodia49.760.255.144.5-3.6%
Philippines6.814.530.322.949.9%
Hong Kong SAR12.619.830.416.910.3%
South Korea4.89.920.014.745.2%
Singapore0.50.31.410.7177.6%
Malaysia4.212.53.98.225.0%
Others8.616.230.321.335.3%
Total12223056239648.1%

Top Export Markets for Apples, Pears and Quinces; Fresh from Vietnam in 2022:

  1. Lao People's Democratic Republic (181.8 tons)
  2. Cambodia (65.5 tons)
  3. Indonesia (48.5 tons)
  4. Philippines (18.6 tons)
  5. Hong Kong SAR (15.5 tons)
  6. South Korea (11.9 tons)
  7. Singapore (7.6 tons)
  8. Malaysia (7.3 tons)

Source: IndexBox Market Intelligence Platform

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