What is the price of maize per kilogram/pound in Vietnam today?
The retail price range for Vietnam maize is between US$ 0.63 and US$ 0.74 per kilogram or between US$ 0.28 and US$ 0.34 per pound(lb). Click here to see today's exact prices of maize in Vietnam
The retail price range in Dong for maize is between VND 15,648.00 and VND 18,582.00 per kilogram or between VND 7,096.60 and VND 8,427.21 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam maize is between US$ 0.44 and US$ 0.52 per kilogram or between US$ 0.20 and US$ 0.24 per pound(lb).
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Vietnam Maize Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize from Vietnam has seen a steady decline over the last five years. In 2012, the price was 0.94 US dollars per kg, while in 2016 it had dropped to 0.3 US dollars per kg. In 2017, the price rose slightly to 0.38 US dollars per kg, before dropping again to 0.21 US dollars per kg in 2018 and 0.18 US dollars per kg in 2019. The price has remained steady at 0.2 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Maize from Vietnam will be 0.15 US dollars per kg in 2023 and 0.12 US dollars per kg in 2024.Vietnam Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into Vietnam has seen a steady decline over the past five years. In 2016, the price was 0.30 US$ per kg, and in 2020, it had dropped to 0.20 US$ per kg. This represents a 33.3% decrease in the price of Maize over the past five years. The lowest price was recorded in 2015, when the price was 0.30 US$ per kg. This was followed by a slight increase in 2017, when the price rose to 0.38 US$ per kg. Since then, the price has been steadily decreasing, with the most recent price of 0.20 US$ per kg recorded in 2020. Based on this trend, it is likely that the price of Maize in Vietnam will continue to decrease in the coming years, and it is predicted that the price will be 0.17 US$ per kg in 2023 and 0.14 US$ per kg in 2024.Export values for Vietnam maize
The total values in export for maize in Vietnam were US$ 12,743, US$ 18,852, US$ 46,280 and US$ 54,521 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Vietnam: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Asia: Kazakhstan maize, Kyrgyzstan maize, Tajikistan maize, Turkmenistan maize, Uzbekistan maize, China maize, Hong Kong maize, Macao maize, North Korea maize & Mongolia maize.
Vietnam maize - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 294,971 tonnes of maize. For 2019 alone, the interest in Vietnam maize (cereals/grains category) has gone up, flactuating by 36.951 % compared to the year 2018. Between 2017 and 2019, maize's exports increased by 490.02 pc bringing the country US$54.52m for the year 2019. Vietnam's maize exports are classified as:
- Maize seed for sowing (HS code 100510)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize (excluding seed for sowing) (HS code 100590)
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Vietnam maize export values
In 2019, Vietnam sold maize costing 54.52m USD, an increment of 17.80% from 2018's total maize export of 46.28m USD. The annual growth in value of Vietnam maize between 2017 to 2018 was 145.491 percent.
The annual/yearly variation in the volume of Vietnam's maize exports between 2017 and 2019 was 490.02 per cent compared to a variation of 36.951% in the period between 2018 and 2019.
Export markets for Vietnam maize ( in '000$ )
Vietnam bought 11,447,736 tonnes of maize in 2019.
Production
The production of maize in Vietnam was 14,268,696 tonnes in 2019 and is estimated to change by an average of -2.42%. The country had approximately 2,973,264.00 hectares under maize cultivation.