Poultry meat and offal market in Vietnam

Earlier Report Observations

From 2018 to 2020, the poultry meat and offal market in Vietnam expanded steadily. Growth was initially driven by a national flock exceeding 500 million birds and the adoption of higher-yield local breeds, which increased domestic production. The African swine fever outbreak in 2019 shifted consumer demand from pork to poultry, further boosting market volume. Despite the COVID-19 pandemic in 2020, imports of frozen chicken surged to over 140 thousand tons, supplementing domestic supply and supporting continued market growth.

Between 2021 and 2023, market growth was sustained by consistently high imports of frozen chicken, which reached nearly 245 thousand tons in 2022. Concurrent investments in modern slaughterhouses and cold storage facilities, along with stricter international certification standards, enabled producers to scale up operations and access new export markets like Japan and Hong Kong. By 2023, the national flock had grown to 551.4 million head, and the number of large-scale farms increased, cementing the expansion of domestic production and overall market volume.

Production poultry meat and offal in Vietnam

In kind, 2017-2020, K t

From 2017 to 2020, Vietnam maintained the 28th position globally in terms of poultry meat and offal production volume.

Top producers of poultry meat and offal, 2017-2020

World map of production of poultry meat and offal, 2017-2020

Vietnam's poultry meat and offal production volume increased for the third consecutive year. In 2020, Vietnam produced 2 638 K t of poultry meat and offal, marking a robust rise of 15.3% compared to 2019. Over the period from 2017 to 2020, production grew by 44.9%, with a compound annual growth rate (CAGR) of 13.2%.

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

In value, 2017-2020, M $ US

Poultry meat and offal production in Vietnam increased for the second consecutive year. In 2020, the output was valued at 3 674 M $ US, showing a sharp uptick of 34.4% compared to 2019. From 2017 to 2020, production rose by 45.7%, with a CAGR of 13.4%. The lowest value was recorded in 2018 at 2 211 M $ US, which also saw the largest decline of 12.3%.

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

Exports poultry meat and offal from Vietnam

Exports in kind, K t

There were noticeable fluctuations in export performance during this period. The lowest exports occurred in 2017, while the peak was reached in 2019, with a 2.6-fold difference between these years. In 2020, poultry meat and offal deliveries from Vietnam amounted to 17.3 K t, representing a fall of 24.8% year-over-year. The maximum value was recorded in 2019 at 23.0 K t, and the largest increase was seen in 2018 at 155.0%.

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

From 2017 to 2020, China remained the dominant destination for exports in kind, accounting for 72.9% of total flows, while the remainder was fragmented across other markets.

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, M $ US

There were noticeable fluctuations in export performance during this period. The lowest value was recorded in 2017, while the highest occurred in 2019, with a peak-to-trough ratio of 2.2 times. In 2020, poultry meat and offal exports from Vietnam amounted to 24.0 M $ US, corresponding to a fall of 12.3% compared to 2019. The maximum value was recorded in 2019 at 27.4 M $ US, and the largest increase was seen in 2018 at 108.9%.

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

Throughout 2017 to 2020, the country structure of exports in value terms was dominated by China, which accounted for 70.3% of total flows, with other destinations being relatively small.

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

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

Imports poultry meat and offal to Vietnam

Imports in kind, K t

Imported poultry meat and offal volumes in Vietnam increased for the third consecutive year. In 2020, imports amounted to 163.5 K t, up by 23.9% from the previous year. Between 2017 and 2020, imports grew by 128.6%, equating to an annualized rate of 31.7%.

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

From 2017 to 2020, the primary suppliers of poultry meat and offal to Vietnam were the United States (48.0% of imports in kind), Brazil (13.5% of imports in kind), and South Korea (10.2% of imports in kind), jointly accounting for 71.7% of total imports in kind.

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, M $ US

Poultry meat and offal deliveries to Vietnam increased for the third consecutive year. In 2020, imports were recorded at 293.2 M $ US, indicating a limited uptick of 9.0% year-over-year. Over the period from 2017 to 2020, imports rose by 158.3%, with a CAGR of 37.2%.

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

From 2017 to 2020, the United States (45.7% of imports in value terms), South Korea (13.6% of imports in value terms), and Brazil (12.3% of imports in value terms) together accounted for 71.6% of total imports in value terms, remaining the main sources for poultry meat and offal to Vietnam.

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

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