What is the price of whey per kilogram/pound in Vietnam today?
The retail price range for Vietnam whey is between US$ 2.47 and US$ 8.40 per kilogram or between US$ 1.12 and US$ 3.81 per pound(lb). Click here to see today's exact prices of whey in Vietnam
The retail price range in Dong for whey is between VND 61,743.75 and VND 209,928.75 per kilogram or between VND 28,001.70 and VND 95,205.78 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam whey is between US$ 1.73 and US$ 5.88 per kilogram or between US$ 0.78 and US$ 2.67 per pound(lb).
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Vietnam Whey Export Prices - Historical, Trends and Prediction
The export price per kilogram of Whey from Vietnam over the last five years has seen a steady increase. In 2013, the price was 1.38 US dollars per kg, and in 2014 it rose to 1.58 US dollars per kg. In 2015, the price dropped slightly to 1.51 US dollars per kg, before dropping again in 2016 to 0.98 US dollars per kg. In 2017, the price rose to 1.17 US dollars per kg, before dropping again in 2018 to 0.96 US dollars per kg. In 2019, the price rose to 1.07 US dollars per kg, and in 2020 it rose again to 1.09 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Whey from Vietnam in 2023 will be around 1.20 US dollars per kg, and in 2024 it will be around 1.31 US dollars per kg.Vietnam Whey Import Prices - Historical, Trends and Prediction
The import price per kilogram of Whey into Vietnam over the last five years has been relatively stable. In 2016, the price was $0.98, followed by a slight increase to $1.17 in 2017. In 2018, the price dropped to $0.96, before increasing again to $1.07 in 2019 and $1.09 in 2020. Based on this trend, it is likely that the import price per kilogram of Whey into Vietnam will remain around the $1.00 mark in the next few years. We can predict that the import price per kilogram of Whey into Vietnam in 2023 will be around $1.05 and in 2024 will be around $1.10.Export values for Vietnam whey
The total values in export for whey in Vietnam were US$ 184, US$ 447, US$ 555 and US$ 1,668 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, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of whey in other countries across Asia: Kazakhstan whey, Kyrgyzstan whey, Tajikistan whey, Turkmenistan whey, Uzbekistan whey, China whey, Hong Kong whey, Macao whey, North Korea whey & Mongolia whey.
Vietnam whey - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 1,566 tonnes of whey. Across 2019 alone, the interest in Vietnam whey (processed category) has escalated, changing by 170.466 percent compared to the year 2018. Between 2017 and 2019, whey's exports grew by 309.95% earning Vietnam US$1.67m for the year 2019. Vietnam's whey exports are categorised as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
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Vietnam whey export values
In 2019, Vietnam supplied whey with a value of 1.67m USD, a growth of 200.90% from 2018's total whey export of 0.555m USD. The yearly growth in value of Vietnam whey between 2017 to 2018 was 24.161 pc.
The annual change in the volume of Vietnam's whey exports between 2017 and 2019 was 309.95% compared to a variation of 170.466% in the period between 2018 and 2019.
Export markets for Vietnam whey ( in '000$ )
Vietnam procured 34,388 tonnes of whey in 2019.