What is the price of fish oil per kilogram/pound in Vietnam today?
The retail price range for Vietnam fish oil is between US$ 4.06 and US$ 8.03 per kilogram or between US$ 1.84 and US$ 3.64 per pound(lb). Click here to see today's exact prices of fish oil in Vietnam
The retail price range in Dong for fish oil is between VND 101,587.50 and VND 200,756.25 per kilogram or between VND 46,071.43 and VND 91,045.92 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam fish oil is between US$ 2.84 and US$ 5.62 per kilogram or between US$ 1.29 and US$ 2.55 per pound(lb).
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Vietnam Fish Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Fish Oil from Vietnam has seen a steady decline over the last five years. In 2014, the price was 2.35 US dollars per kg, and in 2017 it remained the same. However, in 2018 the price increased to 4.17 US dollars per kg, before dropping to 2.76 US dollars per kg in 2019 and 2.64 US dollars per kg in 2020. Based on this trend, it is likely that the export price per kilogram of Fish Oil from Vietnam will continue to decrease in the coming years, with an estimated price of 2.50 US dollars per kg in 2023 and 2.35 US dollars per kg in 2024.Vietnam Fish Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fish Oil into Vietnam has seen a steady decline over the past five years. In 2014, the price was 2.35 US dollars per kg, and this remained the same in 2017. However, in 2018, the price increased to 4.17 US dollars per kg, before dropping to 2.76 US dollars per kg in 2019 and 2.64 US dollars per kg in 2020. Based on this trend, it is likely that the import price per kilogram of Fish Oil into Vietnam will continue to decrease in the coming years, with an estimated price of 2.52 US dollars per kg in 2023 and 2.40 US dollars per kg in 2024.Export values for Vietnam fish oil
The total values in export for fish oil in Vietnam were US$ 29,802, US$ 27,566 and US$ 49,317 in US dollar thousand for the years 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 fish oil in other countries across Asia: Kazakhstan fish oil, Kyrgyzstan fish oil, Tajikistan fish oil, Turkmenistan fish oil, Uzbekistan fish oil, China fish oil, Hong Kong fish oil, Macao fish oil, North Korea fish oil & Mongolia fish oil.
Vietnam fish oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 17,850 tonnes of fish oil. For the year 2019 alone, the market for Vietnam fish oil (processed category) has climbed, recording a change of 170.209 pc compared to the year 2018. Between 2017 and 2019, fish oil's exports went up by 40.53% earning the country US$49.32m for the year 2019. Vietnam's fish oil exports are classified as:
- Fats and oils of fish and their fractions, whether or not refined (excluding liver oils and chemically modified) (HS code 150420)
- Fats and oils and their fractions of marine mammals, whether or not refined (excluding chemically modified) (HS code 150430)
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Vietnam fish oil export values
In 2019, Vietnam sold fish oil valued at 49.32m USD, an increase of 78.92% from 2018's total fish oil export of 27.566m USD. The yearly change in value of Vietnam fish oil between 2017 to 2018 was -7.503 per cent.
The annual/yearly change in the quantity of Vietnam's fish oil exports between 2017 and 2019 was 40.53 pc in comparison to a variation of 170.209% in the period between 2018 and 2019.
Vietnam's stake of the world's total fish oil's exports in 2019 was less than 1%. Vietnam is ranked number 30 in world exports of fish oil.
Export markets for Vietnam fish oil ( in '000$ )
Import/Export Trends
Vietnam is a net exporter of fish oil. The annual growth of Vietnam fish oil in value between 2015 to 2019 was -28%, per annum, while annual growth in quantity during the same period was -25%, per annum.
Vietnam procured 11,364 tonnes of fish oil in 2019.