Vietnamese meat import demand slows

Published Mar 17, 2022

Tridge summary

In January 2022, Vietnam saw a 4.3% increase in meat and meat product imports compared to the previous month, reaching 53,700 tons valued at US$114 million. Despite a 2.8% decrease in volume and 6.2% increase in value compared to the same period in 2021, the industry is expected to face challenges in 2022 due to high production costs from the new crown epidemic and African swine fever epidemic. India emerged as the largest supplier, with exports to Vietnam surging by 150.9% and 166.1% in volume and value respectively in January 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vietnam's "Commercial News" reported on March 4 that according to statistics from the General Administration of Vietnam Customs, Vietnam imported 53,700 tons of meat and meat products in January 2022, valued at US$114 million, an increase of 4.3% in volume and value compared with December 2021. % and 17.9%. Year-on-year in 2021, the volume decreased by 2.8%, but the value increased by 6.2%. In January 2022, Vietnam imported meat and meat products from 37 markets around the world. During the month, Vietnam imported a total of 10.7 million tons of frozen and chilled pork, valued at US$23.58 million, a decrease of 27.1% and 27.2% in volume and price respectively compared with December 2021. %. Among them, India is Vietnam’s largest supply market for meat and meat products. In the month, Vietnam imported 13.89 million tons of meat and meat products from India, valued at US$42.95 million, an increase of 150.9% and 166.1% compared with December 2021. , accounting for ...

Source: China Farming