What is the price of sugar per kilogram/pound in Vietnam today?
The retail price range for Vietnam sugar is between US$ 0.48 and US$ 0.69 per kilogram or between US$ 0.22 and US$ 0.31 per pound(lb). Click here to see today's exact prices of sugar in Vietnam
The retail price range in Dong for sugar is between VND 12,086.25 and VND 17,162.48 per kilogram or between VND 5,481.29 and VND 7,783.44 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam sugar is between US$ 0.34 and US$ 0.48 per kilogram or between US$ 0.15 and US$ 0.22 per pound(lb).
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Vietnam Sugar Export Prices - Historical, Trends and Prediction
The export price per kilogram of sugar from Vietnam over the last five years has seen a steady decline. In 2013, the price was 0.68 US dollars per kg, and by 2020, it had dropped to 0.55 US dollars per kg. This downward trend is expected to continue, with the price predicted to be 0.41 US dollars per kg in 2023 and 0.37 US dollars per kg in 2024.Vietnam Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Vietnam over the last five years has seen a steady decline. In 2013, the price was 0.68 US dollars per kg, and this decreased to 0.63 US dollars per kg in 2014. This downward trend continued in 2015 and 2016, with the price dropping to 0.54 US dollars per kg. In 2017, the price dropped further to 0.53 US dollars per kg, and in 2018 it reached its lowest point of 0.49 US dollars per kg. In 2019, the price rose slightly to 0.43 US dollars per kg, before increasing again to 0.55 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of sugar into Vietnam will remain around 0.55 US dollars per kg in 2021 and 2022. For 2023 and 2024, it is predicted that the import price per kilogram of sugar into Vietnam will remain around 0.55 US dollars per kg.Export values for Vietnam sugar
The total values in export for sugar in Vietnam were US$ 8,265, US$ 28,181, US$ 29,563 and US$ 7,554 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of sugar in other countries across Asia: Kazakhstan sugar, Kyrgyzstan sugar, Tajikistan sugar, Turkmenistan sugar, Uzbekistan sugar, China sugar, Hong Kong sugar, Macao sugar, North Korea sugar & Mongolia sugar.
Vietnam sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 17,752 tonnes of sugar. For 2019 alone, the interest in Vietnam sugar (processed category) has reduced, flactuating by -70.64 percent compared to the year 2018. Between 2017 and 2019, sugar's exports decreased by -66.38 percent earning the exporter US$7.55m for the year 2019. Vietnam's sugar exports are categorised as:
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
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Vietnam sugar export values
In 2019, Vietnam supplied sugar costing 7.55m USD, a reduction of -74.46% from 2018's total sugar export of 29.563m USD. The annual change in value of Vietnam sugar between 2017 to 2018 was 4.904 pc.
The per year change in the amount of Vietnam's sugar exports between 2017 and 2019 was -66.38 percent compared to a variation of -70.64% in the period between 2018 and 2019.
Export markets for Vietnam sugar ( in '000$ )
Vietnam ordered 174,684 tonnes of sugar in 2019.