Market research

Groundnutoil-cake market in Vietnam

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for groundnut oil-cake in Vietnam grew from 31 579 tons in 2018 to 39 641 tons in 2023, supported by broader developments in peanut oil production. This expansion was initially fueled by the commercialization of research from the Oil and Oil Plant Research Institute, which introduced high-yield peanut varieties and processing technologies. The establishment of new production facilities, such as the Quang Duy agricultural cooperative in 2019 with modern mechanical pressing equipment, added dedicated capacity for pure peanut oil, thereby increasing the supply of its solid residue.

Market volume accelerated notably in 2020 and 2021, peaking at 40 014 tons. This surge was primarily driven by rising consumer demand for pure, unadulterated peanut oil due to health concerns, which incentivized investments in industrial-scale pressing machinery and services. Companies like HTFOOD also entered the market, investing in organic peanut cultivation. However, the market contracted to 35 324 tons in 2022 following stricter government enforcement of product quality declaration and food safety controls, which temporarily constrained output from uncertified producers.

Production and market volume recovered to 39 641 tons in 2023, resuming the overall growth trend for the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Vietnam
  1. 5.1.1. Annual dynamics of production in Vietnam in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Vietnam in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production groundnutoil-cake in Vietnam

In kind, 2017-2020, t

Vietnam was among the world's leading producers of groundnut oil-cake from 2017 to 2020, ranking 18th globally by production volume during this period.

Top producers of groundnutoil-cake, 2017-2020

Source: SHEV.io

World map of production of groundnutoil-cake, 2017-2020

Source: SHEV.io

Vietnam's groundnut oil-cake production increased for the second consecutive year. In 2020, the country produced 34 977 tonnes, marking a notable 11.8% rise from 2019. Production reached its lowest point in 2018 at 30 559 tonnes, which represented an 11.1% decline from the previous year.

Annual dynamics of production in Vietnam in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(11.1%)	2.4%	11.8%	0.6%

Source: SHEV.io

Exports groundnutoil-cake from Vietnam

Exports in kind, t

The market showed an unstable trend throughout the period. Exported volumes of groundnut oil-cake from Vietnam reached 99 tonnes in 2020. The period from 2018 to 2020 saw significant fluctuations, with a peak-to-trough amplitude of {ampRatio} times.

Annual dynamics of product's exports from Vietnam in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	28.3%

Source: SHEV.io

From 2017 to 2020, Asia (not elsewhere specified) and Japan formed the core of Vietnam's groundnut oil-cake exports in kind, together accounting for 100.0% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

There were noticeable fluctuations in market performance during this period. {context_3} volumes reached their minimum in 2018 and peaked in 2020, with a top-to-bottom ratio of 3.8 times. In 2020, cross-border shipments of groundnut oil-cake from Vietnam stood at 26 thousand US dollars, corresponding to a steep 65.7% increase compared to 2019. The minimum value was recorded in 2018 at 7 thousand US dollars, which represented a 60.6% decline. The largest increase occurred in 2019 with a 126.6% rise.

Annual dynamics of product's exports from Vietnam in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(60.6%)	126.6%	65.7%	14.0%

Source: SHEV.io

Throughout 2017–2020, two countries—Asia (not elsewhere specified) and India—concentrated most of Vietnam's groundnut oil-cake exports in value terms, while other markets were less significant individually.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in value, 2017-2020

Source: SHEV.io

Imports groundnutoil-cake to Vietnam

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. Vietnam imported 126 tonnes of groundnut oil-cake in 2020, representing an abrupt 8 604.6% gain compared to 2019. The minimum value was recorded in 2019 at 1 tonne, which marked a 99.9% decline. The maximum value occurred in 2018 at 1 020 tonnes. Overall, there was a 707-fold variation between the maximum in 2018 and the minimum in 2019.

Annual dynamics of product's imports to Vietnam in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	72.8%	(99.9%)	8 604.6%	(40.3%)

Source: SHEV.io

Over 2017–2020, groundnut oil-cake imports to Vietnam were largely oriented towards India, whose share in total imports in kind reached 93.5%.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Vietnam in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Vietnam's groundnut oil-cake import volume totalled 314 thousand US dollars in 2020, up by 15.9% versus the previous year. The maximum value was recorded in 2018 at 1 628 thousand US dollars, which represented a 705.1% increase. The largest decline occurred in 2019 with an 83.4% drop. The span from 2017 to 2018 exhibited a peak-to-trough amplitude of 8.1 times.

Annual dynamics of product's imports to Vietnam in value, 2017-2020, K $ US