Not in shell eggs and egg yolks market in Vietnam

Earlier Report Observations

The market for not in shell eggs and egg yolks in Vietnam experienced significant fluctuations between 2018 and 2023. After reaching 5.7 million USD in 2018, the market value contracted sharply to 4.2 million USD in 2019, primarily due to a surge in exports combined with a dip in imports. A strong recovery followed, with the market expanding to 6.5 million USD in 2020 and further to 8.0 million USD in 2021, driven by rising domestic production and import volumes. Growth then nearly halted, with the market value stabilizing around 8.1-8.2 million USD in 2022 and 2023.

Domestic production showed a general upward trend, more than doubling from 2.9 million USD in 2018 to 5.8 million USD in 2023, with notable increases in 2020 and 2022. Import value also grew consistently after 2019, rising from 5.6 million USD to 9.6 million USD in 2023, indicating sustained demand. However, export activity was highly volatile, peaking at 7.2 million USD in 2023, which tempered the net market size growth in recent years. The balance between these three flows dictated the overall market trajectory.

By 2023, the market had settled at a plateau just above 8.1 million USD, with robust production and imports being largely offset by strong outward shipments. The period concluded with import value slightly retreating to 9.3 million USD in 2024, while exports fell more substantially to 4.7 million USD, suggesting a potential shift in trade dynamics beyond the core market size data.

Production not in shell eggs and egg yolks in Vietnam

In kind, 2017-2020, t

Top producers of not in shell eggs and egg yolks, 2017-2020

World map of production of not in shell eggs and egg yolks, 2017-2020

Vietnam's production of not-in-shell eggs and egg yolks has grown for the third consecutive year. In 2020, Vietnam produced 1 843 tonnes, marking a solid 15.5% increase compared to 2019. Between 2017 and 2020, production rose by 52.7%, which translates to an annualized growth rate of 15.1%.

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

In value, 2017-2020, K $ US

Vietnam's production of not-in-shell eggs and egg yolks has increased for the third year in a row. In 2020, the output was valued at 3 981 thousand US dollars, corresponding to a gain of 29.6% versus 2019. Over the period from 2017 to 2020, production grew by 72.1%, with a compound annual growth rate of 19.8%.

Annual dynamics of production in Vietnam in value, 2017-2020, K $ US

Exports not in shell eggs and egg yolks from Vietnam

Exports in kind, t

After a two-year rise, Vietnam's exports of not-in-shell eggs and egg yolks declined. In 2020, exports amounted to 1 625 tonnes, a decrease of 30.0% compared to 2019. Over the period from 2017 to 2020, exports increased by 36.1%, with a compound annual growth rate of 10.8%. The largest volume was recorded in 2019 at 2 323 tonnes, which also saw the biggest annual increase of 45.1%.

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

From 2017 to 2020, Japan and Singapore accounted for 95.3% of Vietnam's total exports in kind, with the remaining share distributed among other destinations, each contributing smaller amounts.

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

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

Exports in value, K $ US

Following a two-year increase, Vietnam's export value of not-in-shell eggs and egg yolks declined. In 2020, exports stood at 3 511 thousand US dollars, a robust reduction of 21.5% compared to 2019. Over the period from 2017 to 2020, exports grew by 53.4%, with a compound annual growth rate of 15.3%. The highest value was recorded in 2019 at 4 475 thousand US dollars, while the largest annual increase occurred in 2018 at 51.0%.

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

Between 2017 and 2020, Japan and Singapore clearly dominated Vietnam's export partner structure in value terms, with other countries collectively forming the remaining share.

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

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

Imports not in shell eggs and egg yolks to Vietnam

Imports in kind, t

Vietnam's imports of not-in-shell eggs and egg yolks have risen for the third consecutive year. In 2020, Vietnam imported 1 344 tonnes, which is 6.4% greater than in 2019. Over the period from 2017 to 2020, imports increased by 35.2%, with a compound annual growth rate of 10.6%.

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

From 2017 to 2020, India was the dominant supplier of not-in-shell eggs and egg yolks to Vietnam, accounting for 76.7% of total imports in kind, while other countries shared the remaining volume.

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

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

Imports in value, K $ US

In 2020, Vietnam's imports of not-in-shell eggs and egg yolks totalled 6 054 thousand US dollars, a modest gain of 7.4% relative to the prior year. Over the period from 2017 to 2020, imports increased by 29.7%, with a compound annual growth rate of 9.0%. The maximum value was recorded in 2018 at 6 237 thousand US dollars, which also saw the largest annual increase of 33.6%. In contrast, the largest decline occurred in 2019 at 9.6%.

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

Throughout 2017 to 2020, India dominated Vietnam's import structure in value terms, accounting for 86.2% of total flows, while other destinations were relatively small in comparison.

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

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