What is the price of cheese per kilogram/pound in Vietnam today?
The retail price range for Vietnam cheese is between US$ 3.34 and US$ 8.15 per kilogram or between US$ 1.51 and US$ 3.70 per pound(lb). Click here to see today's exact prices of cheese in Vietnam
The retail price range in Dong for cheese is between VND 83,504.00 and VND 203,848.00 per kilogram or between VND 37,870.29 and VND 92,448.07 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam cheese is between US$ 2.34 and US$ 5.71 per kilogram or between US$ 1.06 and US$ 2.59 per pound(lb).
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Vietnam Cheese Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cheese from Vietnam has seen a steady decline over the past five years. In 2013, the export price was 6.28 US dollars per kg, and by 2020, it had dropped to 4.65 US dollars per kg. This represents a decrease of 26.2%. Looking ahead, it is likely that the export price of Cheese from Vietnam will continue to decrease, with an estimated price of 4.45 US dollars per kg in 2023 and 4.25 US dollars per kg in 2024.Vietnam Cheese Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cheese into Vietnam has seen a steady decline over the past five years. In 2013, the price was 6.28 US dollars per kg, and this decreased to 6.87 US dollars per kg in 2014. In 2015, the price rose slightly to 7.18 US dollars per kg, before dropping to 5.56 US dollars per kg in 2016. The price then continued to decrease, reaching 5.03 US dollars per kg in 2017 and 4.72 US dollars per kg in 2018. The price has remained relatively stable since then, with 4.69 US dollars per kg in 2019 and 4.65 US dollars per kg in 2020. Based on this trend, it is predicted that the import price per kilogram of Cheese into Vietnam will be 4.60 US dollars per kg in 2023 and 4.55 US dollars per kg in 2024.Export values for Vietnam cheese
The total values in export for cheese in Vietnam were US$ 945, US$ 1,855, US$ 4,462 and US$ 4,614 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, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of cheese in other countries across Asia: Kazakhstan cheese, Kyrgyzstan cheese, Tajikistan cheese, Turkmenistan cheese, Uzbekistan cheese, China cheese, Hong Kong cheese, Macao cheese, North Korea cheese & Mongolia cheese.
Vietnam cheese - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 983 tonnes of cheese. In 2019 alone, the demand for Vietnam cheese (processed category) has gone up, with a change of 4.021 percent compared to the year 2018. Between 2017 and 2019, cheese's exports increased by 166.4 percent netting the exporter US$4.61m for the year 2019. Vietnam's cheese exports are classified as:
- Cheese (excluding fresh cheese, incl. whey cheese, curd, processed cheese, blue-veined cheese and other cheese containing veins produced by "Penicillium roqueforti", and grated or powdered cheese) (HS code 040690)
- Grated or powdered cheese, of all kinds (HS code 040620)
- Blue-veined cheese and other cheese containing veins produced by "Penicillium roqueforti" (HS code 040640)
- Fresh cheese "unripened or uncured cheese", incl. whey cheese, and curd (HS code 040610)
- Processed cheese, not grated or powdered (HS code 040630)
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Vietnam cheese export values
In 2019, Vietnam shipped cheese with a value of 4.61m USD, a surge of 3.32% from 2018's total cheese export of 4.462m USD. The yearly change in value of Vietnam cheese between 2017 to 2018 was 140.539 pc.
The yearly variation in the quantity of Vietnam's cheese exports between 2017 and 2019 was 166.4 percent when compared to a variation of 4.021% in the growth rate between 2018 and 2019.
Vietnam's share of the world's total cheese's exports in 2019 was less than 1%. Vietnam holds number 23 in world exports of cheese.
Export markets for Vietnam cheese ( in '000$ )
Import/Export Trends
Vietnam is a net exporter of cheese. The annual growth of Vietnam cheese in value between 2015 to 2019 was -15%, per annum, while annual growth in quantity through the same period was -22%, per annum.
Vietnam bought 11,351 tonnes of cheese in 2019.