What is the price of oleoresins per kilogram/pound in Vietnam today?
The retail price range for Vietnam oleoresins is between US$ 13.59 and US$ 31.06 per kilogram or between US$ 6.16 and US$ 14.08 per pound(lb). Click here to see today's exact prices of oleoresins in Vietnam
The retail price range in Dong for oleoresins is between VND 339,675.00 and VND 776,400.00 per kilogram or between VND 154,047.62 and VND 352,108.84 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam oleoresins is between US$ 9.51 and US$ 21.74 per kilogram or between US$ 4.31 and US$ 9.86 per pound(lb).
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Vietnam Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from Vietnam has seen a steady decline over the last five years. In 2013, the export price was 27.33 US $ per kg, but by 2020, it had dropped to 25.42 US $ per kg. This represents a decrease of 7.7%. The lowest price was seen in 2017, when the export price was 19.34 US $ per kg. Since then, the price has been gradually increasing, reaching 25.42 US $ per kg in 2020. Based on this trend, it is predicted that the export price of Oleoresins from Vietnam will be around 24.00 US $ per kg in 2023 and 25.00 US $ per kg in 2024.Vietnam Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into Vietnam has seen a fluctuating trend over the last five years. In 2013, the price was 27.33 US dollars per kg, which decreased to 27.25 US dollars per kg in 2014. In 2015, the price dropped further to 25.5 US dollars per kg, before increasing to 25.71 US dollars per kg in 2016. The price then dropped to 19.34 US dollars per kg in 2017, before increasing to 22.95 US dollars per kg in 2018 and 21.62 US dollars per kg in 2019. The latest data shows that the price has increased to 25.42 US dollars per kg in 2020. Based on the data, it is likely that the import price per kilogram of Oleoresins into Vietnam will continue to fluctuate in the coming years. It is predicted that the price will increase to around 27.00 US dollars per kg in 2023 and 28.00 US dollars per kg in 2024.Export values for Vietnam oleoresins
The total values in export for oleoresins in Vietnam were US$ 437, US$ 851, US$ 436 and US$ 346 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, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oleoresins in other countries across Asia: Kazakhstan oleoresins, Kyrgyzstan oleoresins, Tajikistan oleoresins, Turkmenistan oleoresins, Uzbekistan oleoresins, China oleoresins, Hong Kong oleoresins, Macao oleoresins, North Korea oleoresins & Mongolia oleoresins.
Vietnam oleoresins - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 16 tonnes of oleoresins. Across 2019 alone, the demand for Vietnam oleoresins (processed category) has shrunk, flactuating by -15.789 per cent compared to the year 2018. Between 2017 and 2019, oleoresins' exports went down by -63.64 percent earning the country US$0.35m for the year 2019. Vietnam's oleoresins exports are categorised as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Vietnam oleoresins export values
In 2019, Vietnam shipped oleoresins costing 0.35m USD, a decrease of -19.72% from 2018's total oleoresins export of 0.436m USD. The annual reduction in value of Vietnam oleoresins between 2017 to 2018 was -48.766 per cent.
The annual variation in the volume of Vietnam's oleoresins exports between 2017 and 2019 was -63.64 per cent compared to a variation of -15.789% in the period between 2018 and 2019.
Vietnam's share of the world's total oleoresins' exports in 2019 was less than 1%. The country is ranked position 12 in world exports of oleoresins.
Export markets for Vietnam oleoresins ( in '000$ )
Import/Export Trends
Vietnam is a net exporter of oleoresins. The annual growth of Vietnam oleoresins in value between 2015 to 2019 was -5%, per annum, while annual growth in quantity through the same period was 1%, per annum.
Vietnam procured 164 tonnes of oleoresins in 2019.