Price for Cereal Flour; of Maize (Corn) in Vietnam - 2021
Contents:
- Price for Cereal Flour; of Maize (Corn) in Vietnam (CIF) - 2022
- Price for Cereal Flour; of Maize (Corn) in Vietnam (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Vietnam
- Exports of Cereal Flour; of Maize (Corn) in Vietnam
Price for Cereal Flour; of Maize (Corn) in Vietnam (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $724 per ton in 2022, shrinking by -2.9% against the previous year. In general, the import price continues to indicate a slight contraction. The growth pace was the most rapid in 2013 an increase of 23% against the previous year. As a result, import price attained the peak level of $1,019 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($726 per ton) and the United States ($726 per ton), while the price for China ($677 per ton) and India ($716 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Flour; of Maize (Corn) in Vietnam (FOB) - 2022
In 2022, the average export price for cereal flour; of maize (corn) amounted to $560 per ton, falling by -3.8% against the previous year. Overall, the export price saw a mild reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 13%. Over the period under review, the average export prices reached the maximum at $751 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($620 per ton), while the average price for exports to Cambodia totaled $522 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.1%).
Imports of Cereal Flour; of Maize (Corn) in Vietnam
In 2022, imports of cereal flour; of maize (corn) into Vietnam fell to 417 tons, waning by -12.5% on the year before. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 33%.
In value terms, cereal flour; of maize (corn) imports dropped rapidly to $302K in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 43%.
| Import of Cereal Flour; of Maize (Corn) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 201 | 124 | 213 | 179 | -3.8% |
| Italy | 4.6 | 6.8 | 42.5 | 35.8 | 98.2% |
| India | 73.5 | 6.4 | 19.9 | 27.2 | -28.2% |
| South Korea | 18.2 | 40.1 | 31.0 | 26.2 | 12.9% |
| United States | 23.2 | 22.0 | 28.8 | 24.3 | 1.6% |
| China | 7.5 | 7.4 | 7.4 | 6.2 | -6.1% |
| Australia | 30.1 | 33.9 | N/A | N/A | 12.6% |
| Others | 1.6 | 7.3 | 12.7 | 2.6 | 17.6% |
| Total | 360 | 248 | 355 | 302 | -5.7% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Vietnam in 2022:
- Japan (247.1 tons)
- Italy (49.3 tons)
- India (37.9 tons)
- South Korea (36.0 tons)
- United States (33.5 tons)
- China (9.2 tons)
Exports of Cereal Flour; of Maize (Corn) in Vietnam
After two years of decline, shipments abroad of cereal flour; of maize (corn) increased by 3.6% to 67 tons in 2022. Overall, exports, however, showed a abrupt descent.
In value terms, cereal flour; of maize (corn) exports declined to $38K in 2022. Over the period under review, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 0.7% against the previous year.
| Export of Cereal Flour; of Maize (Corn) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 42.1 | 9.0 | 1.7 | 21.4 | -20.2% |
| Netherlands | 1.3 | 15.2 | 13.2 | 16.2 | 131.8% |
| Norway | N/A | 2.1 | 1.5 | N/A | -28.6% |
| Japan | N/A | N/A | 5.9 | N/A | 0% |
| Germany | N/A | 5.9 | 5.4 | N/A | -8.5% |
| Lao People's Democratic Republic | N/A | 3.4 | 7.3 | N/A | 114.7% |
| Others | 1.7 | 1.9 | 2.7 | N/A | 26.0% |
| Total | 45.1 | 37.5 | 37.8 | 37.6 | -5.9% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Vietnam in 2022:
- Cambodia (41.0 tons)
- Netherlands (26.2 tons)
593
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593
This report provides an in-depth analysis of the cereal flour market in Vietnam.
394
This report provides an in-depth analysis of the non-wheat flour market in Vietnam.
2545
This report provides an in-depth analysis of the global cereal flour market.
766
This report provides an in-depth analysis of the global non-wheat flour market.
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