What is the price of milk & cream per kilogram/pound in Vietnam today?
The retail price range for Vietnam milk & cream is between US$ 0.32 and US$ 0.48 per kilogram or between US$ 0.14 and US$ 0.22 per pound(lb). Click here to see today's exact prices of milk & cream in Vietnam
The retail price range in Dong for milk & cream is between VND 7,953.83 and VND 12,051.25 per kilogram or between VND 3,607.18 and VND 5,465.42 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam milk & cream is between US$ 0.22 and US$ 0.34 per kilogram or between US$ 0.10 and US$ 0.15 per pound(lb).
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Vietnam Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Vietnam over the last five years has been relatively stable. In 2013, the price was 2.73 US $ per kg, and in 2014 it increased slightly to 2.89 US $ per kg. However, in 2015 there was a significant jump to 6.68 US $ per kg. This was followed by a decrease to 2.44 US $ per kg in 2016, and then a gradual increase to 3.07 US $ per kg in 2017 and 3.08 US $ per kg in 2018. The price then dropped to 2.83 US $ per kg in 2019 and 2.79 US $ per kg in 2020. Based on this data, it is likely that the export price per kilogram of Milk & Cream from Vietnam will remain relatively stable in the next few years, with an estimated price of 2.80 US $ per kg in 2023 and 2.81 US $ per kg in 2024.Vietnam Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Vietnam over the last five years has been quite varied. In 2016, the price was at its lowest at $2.44, before rising to $6.68 in 2015. Since then, the price has been steadily decreasing, with the most recent price in 2020 being $2.79. This is a slight decrease from the previous year's price of $2.83. Overall, the import price of Milk & Cream into Vietnam has been decreasing since 2016. If this trend continues, it is likely that the import price of Milk & Cream into Vietnam in 2023 and 2024 will be lower than the current price of $2.79.Export values for Vietnam milk & cream
The total values in export for milk & cream in Vietnam were US$ 58,552, US$ 54,820, US$ 82,200 and US$ 76,350 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: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across Asia: Kazakhstan milk & cream, Kyrgyzstan milk & cream, Tajikistan milk & cream, Turkmenistan milk & cream, Uzbekistan milk & cream, China milk & cream, Hong Kong milk & cream, Macao milk & cream, North Korea milk & cream & Mongolia milk & cream.
Vietnam milk & cream - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 26,989 tonnes of milk & cream. Through 2019 alone, the demand for Vietnam milk & cream (processed category) has surged, with a change of 1.128 per cent compared to the year 2018. Between 2017 and 2019, milk & cream's exports grew by 50.97% netting the nation US$76.35m for the year 2019. Vietnam's milk & cream exports are classified as:
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
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Vietnam milk & cream export values
In 2019, Vietnam exported milk & cream with a value of 76.35m USD, a contraction of -7.12% from 2018's total milk & cream export of 82.2m USD. The yearly change in value of Vietnam milk & cream between 2017 to 2018 was 49.945 pc.
The annual/yearly change in the amount of Vietnam's milk & cream exports between 2017 and 2019 was 50.97 pc compared to a variation of 1.128% in the period between 2018 and 2019.
Export markets for Vietnam milk & cream ( in '000$ )
Vietnam bought 206,636 tonnes of milk & cream in 2019.