What is the price of sugarcane per kilogram/pound in Vietnam today?
The retail price range for Vietnam sugarcane is between US$ 0.87 and US$ 1.16 per kilogram or between US$ 0.39 and US$ 0.53 per pound(lb). Click here to see today's exact prices of sugarcane in Vietnam
The retail price range in Dong for sugarcane is between VND 21,746.25 and VND 28,995.00 per kilogram or between VND 9,862.24 and VND 13,149.66 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam sugarcane is between US$ 0.61 and US$ 0.81 per kilogram or between US$ 0.28 and US$ 0.37 per pound(lb).
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Vietnam Sugarcane Export Prices - Historical, Trends and Prediction
The export price per kilogram of Sugarcane from Vietnam has seen a significant increase over the last five years. In 2016, the price was 0.49 US dollars per kg, and in 2017 it rose to 1.16 US dollars per kg. This price remained steady in 2018, but in 2019 it skyrocketed to 14.18 US dollars per kg. In 2020, the price dropped back down to 1.48 US dollars per kg. Based on this data, it is likely that the export price per kilogram of Sugarcane from Vietnam will remain relatively stable in the next few years, with a slight increase in 2023 and 2024 to around 1.50 US dollars per kg.Vietnam Sugarcane Import Prices - Historical, Trends and Prediction
The import price per kilogram of Sugarcane into Vietnam has seen a significant increase over the last five years. In 2016, the price was 0.49 US dollars per kg, and this increased to 1.16 US dollars per kg in 2017. This price remained the same in 2018, before jumping to 14.18 US dollars per kg in 2019. This was followed by a decrease to 1.48 US dollars per kg in 2020. Based on this trend, it is likely that the import price per kilogram of Sugarcane into Vietnam will continue to fluctuate in the coming years. We can predict that the price in 2023 will be around 1.48 US dollars per kg, and in 2024 it will be around 14.18 US dollars per kg.Export values for Vietnam sugarcane
The total values in export for sugarcane in Vietnam were US$ 685, US$ 611, US$ 1,107 and US$ 1,177 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Vietnam: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Natural Lac.
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Vietnam sugarcane - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 83 tonnes of sugarcane. For the year 2019 alone, the demand for Vietnam sugarcane (agro commodities category) has reduced, changing by -91.309 per cent compared to the year 2018. Between 2017 and 2019, sugarcane's exports went down by -84.25% netting the nation US$1.18m for the year 2019. Vietnam's sugarcane exports are classified as:
- Sugar cane, fresh, chilled, frozen or dried, whether or not ground (HS code 121293)
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Vietnam sugarcane export values
In 2019, Vietnam shipped sugarcane with a value of 1.18m USD, a surge of 6.59% from 2018's total sugarcane export of 1.107m USD. The yearly growth in value of Vietnam sugarcane between 2017 to 2018 was 81.178 percent.
The annual/yearly variation in the amount of Vietnam's sugarcane exports between 2017 and 2019 was -84.25 pc when compared to a variation of -91.309% in the growth rate between 2018 and 2019.
Vietnam's stake of the world's total sugarcane's exports in 2019 was less than 1%. Vietnam is ranked position 21 in world exports of sugarcane.
Export markets for Vietnam sugarcane ( in '000$ )
Vietnam procured 3,916 tonnes of sugarcane in 2019.
Production
The production of sugarcane in Vietnam was 15,269,716 tonnes in 2019 and is estimated to change by an average of -14.91%. The country had approximately 233,387.00 hectares under sugarcane cultivation.