Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam - 2022

Contents:

  1. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam (FOB) - 2022
  2. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam (CIF) - 2022
  3. Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam
  4. Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam (FOB) - 2022

The average export price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $617 per ton in 2022, with an increase of 2% against the previous year. Overall, the export price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices reached the maximum at $729 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($617 per ton), while the average price for exports to Thailand ($617 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 Japan (+21.1%), while the prices for the other major destinations experienced a decline.

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam (CIF) - 2022

In 2022, the average import price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $920 per ton, surging by 3.1% against the previous year. Over the last nine years, it increased at an average annual rate of +5.0%. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum at $923 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2013 to 2022, the rate of growth in terms of prices for Indonesia amounted to +2.3% per year.

Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam

Exports of nuts, edible; coconuts, in the inner shell (endocarp)s from Vietnam skyrocketed to 89K tons in 2022, rising by 31% on the previous year. In general, exports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 63%.

In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s skyrocketed to $55M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. Over the period under review, the exports of nuts, edible; coconuts, in inner shell (endocarp)s reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.423.831.749.315.0%
Thailand2.80.71.71.8-13.7%
Japan0.40.50.80.931.0%
United States1.41.61.40.2-47.7%
Qatar4.20.1N/AN/A-97.6%
Others2.23.05.42.99.6%
Total43.429.741.055.08.2%

Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Vietnam in 2022:

  1. China (79.9K tons)
  2. Thailand (2.9K tons)
  3. Japan (1.5K tons)
  4. United States (0.4K tons)

Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam

In 2022, purchases abroad of nuts, edible; coconuts, in the inner shell (endocarp)s decreased by -98% to 167 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 1,080% against the previous year. As a result, imports attained the peak of 8.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s fell remarkably to $154K in 2022. In general, imports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 1,411%.

Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/A7.47.50.2-83.6%
Thailand0.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.57.47.50.2-26.3%

Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to Vietnam in 2022:

  1. Indonesia (167.1 tons)

Source: IndexBox Market Intelligence Platform

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