Vietnam Animal Feed Industry Comprehensive Report Q2/2019
VIETNAM ANIMAL FEED INDUSTRY
Animal feed is an important link to the development of the livestock industry, which is considered as a solution to ensure food security worldwide. In 2018, the poultry feed production maintained the leading position with a market share of 41.45%, but decreased by 1.9% compared to the previous year.
In Q1/2019, Vietnam's livestock feed production increased by 5.4% compared to the same period of 2018 since the domestic and foreign enterprises increased investment and expanded production. The consumption value of animal feed industry in Q1/2019 increased by 30.38% compared to the same period of 2018.
In the first 3 months of 2019, the animal feed exports rose by 7.5% compared to the same period of 2018, accounting for 0.23% of the total export turnover of the whole country, of which Southeast Asia was the main export market, accounting for 38% of the proportion.
According to USDA forecasts, the total demand for animal feed in Vietnam in 2019 will increase by 3% compared to 2018. In the long term, it is forecast that Vietnam's feed market will reach xx.xx billion USD before 2022 and achieve a growth rate of 13-15% per year in the period of 2016-2020.
Animal feed is an important link to the development of the livestock industry, which is considered as a solution to ensure food security worldwide. In 2018, the poultry feed production maintained the leading position with a market share of 41.45%, but decreased by 1.9% compared to the previous year.
In Q1/2019, Vietnam's livestock feed production increased by 5.4% compared to the same period of 2018 since the domestic and foreign enterprises increased investment and expanded production. The consumption value of animal feed industry in Q1/2019 increased by 30.38% compared to the same period of 2018.
In the first 3 months of 2019, the animal feed exports rose by 7.5% compared to the same period of 2018, accounting for 0.23% of the total export turnover of the whole country, of which Southeast Asia was the main export market, accounting for 38% of the proportion.
According to USDA forecasts, the total demand for animal feed in Vietnam in 2019 will increase by 3% compared to 2018. In the long term, it is forecast that Vietnam's feed market will reach xx.xx billion USD before 2022 and achieve a growth rate of 13-15% per year in the period of 2016-2020.
ABBREVIATIONS
EXECUTIVE SUMMARY
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
3. TRADE AGREEMENTS
II. World market
1. DEFINITION AND CLASSIFICATION
2. PRODUCING PROCEDURES
3. PRODUCING TECHNOLOGY
4. INPUT MATERIALS
5. PRODUCTION
6. CONSUMPTION
7. EXPORT-IMPORT
8. PRICE
9. SITUATION IN SOME AREAS
10. PRODUCING SITUATION IN TYPICAL COUNTRIES
11. LEADING ANIMAL FEED PRODUCING COMPANIES
III. Vietnam market
1. HISTORY AND DEVELOPMENT
2. VALUE CHAIN
3. INPUT MATERIALS
4. PRODUCTION
5. CONSUMPTION
6. EXPORT-IMPORT
7. INVENTORY
8. PRICE
9. DISTRIBUTION
10. COMPETITION ANALYSIS
IV. Industry risk
V. Development plan
1. LIVESTOCK INDUSTRY PLAN
2. ANIMAL FEED INDUSTRY PLAN
VI. Prospects and forecasts
1. DEVELOPMENT INCENTIVES
2. FORECASTS
VII. Business analysis
1. OVERVIEW
2. FINANCIAL ANALYSIS
VIII. Financial analysis annex
EXECUTIVE SUMMARY
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
3. TRADE AGREEMENTS
II. World market
1. DEFINITION AND CLASSIFICATION
2. PRODUCING PROCEDURES
3. PRODUCING TECHNOLOGY
4. INPUT MATERIALS
5. PRODUCTION
6. CONSUMPTION
7. EXPORT-IMPORT
8. PRICE
9. SITUATION IN SOME AREAS
10. PRODUCING SITUATION IN TYPICAL COUNTRIES
11. LEADING ANIMAL FEED PRODUCING COMPANIES
III. Vietnam market
1. HISTORY AND DEVELOPMENT
2. VALUE CHAIN
3. INPUT MATERIALS
4. PRODUCTION
5. CONSUMPTION
6. EXPORT-IMPORT
7. INVENTORY
8. PRICE
9. DISTRIBUTION
10. COMPETITION ANALYSIS
IV. Industry risk
V. Development plan
1. LIVESTOCK INDUSTRY PLAN
2. ANIMAL FEED INDUSTRY PLAN
VI. Prospects and forecasts
1. DEVELOPMENT INCENTIVES
2. FORECASTS
VII. Business analysis
1. OVERVIEW
2. FINANCIAL ANALYSIS
VIII. Financial analysis annex
LIST OF TABLES
Table 1: Global corn supply and demand prediction 2018/2019
Table 2: Global wheat supply and demand production 2018/2019
Table 3: Global soybean supply and demand prediction 2018/2019
Table 4: Average price of complete diets of some species, 2014 - 2017
Table 5: Average price of complete diets of some species, 2014 - 2017
Table 6: Import of animal feed materials, 2017 &2018
Table 7: Fluctuations in feed prices by month, 9/2017 – 12/2018
Table 8: Leading companies in each segment
Table 9: Plan for cattle and poultry industry development by 2020
Table 10: Aquaculture orientation to 2020
Table 11: Breeding situation of whole country, 2010 – 2018
Table 12: Number of cattle and poultry of ASEAN countries, 2015
Table 1: Global corn supply and demand prediction 2018/2019
Table 2: Global wheat supply and demand production 2018/2019
Table 3: Global soybean supply and demand prediction 2018/2019
Table 4: Average price of complete diets of some species, 2014 - 2017
Table 5: Average price of complete diets of some species, 2014 - 2017
Table 6: Import of animal feed materials, 2017 &2018
Table 7: Fluctuations in feed prices by month, 9/2017 – 12/2018
Table 8: Leading companies in each segment
Table 9: Plan for cattle and poultry industry development by 2020
Table 10: Aquaculture orientation to 2020
Table 11: Breeding situation of whole country, 2010 – 2018
Table 12: Number of cattle and poultry of ASEAN countries, 2015
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: GDP at current prices and per capita GDP, 2013-2018
Figure 3: The value of agricultural, forestry and fishery production in Q1 (at constant prices in 2010), 2016 - 2019
Figure 4: Monthly CPI fluctuations, 1/2015 – 3/2019
Figure 5: VND/USD exchange rate, 1/2013-1/2019
Figure 6: Proportion of FDI contribution to import and export, Q1/2019
Figure 7: Import and export of goods, 2016 - Q1/2019
Figure 8: Consumption of animal feed additives by type, 2017e
Figure 9: Consumption of animal feed addictives by area, 2017e
Figure 10: Consumption output of animal feed materials, 2014/2015 - 2018/2019f
Figure 11: Production of corn, wheat, soybean, 2010/2011 – 2018/2019e
Figure 12: The world's largest exporter of animal feed, 2017
Figure 13: Fluctuations in world feed material prices,2017 - 3/2019
Figure 14: World production of animal feed, 2011 - 2018
Figure 15: Output of animal feed production by species, 2011 - 2018
Figure 16: Production structure of animal feed, 2018
Figure 17: Output of animal feed production by species, 2011 – 2018 (cont.)
Figure 18: Sales of global animal feed, 2011 - 2018e
Figure 19: Market share of animal feed consumption by region, 2017
Figure 20: Export value of animal feed in the world, 2010 - 2018e
Figure 21: World animal feed export volume, 2010 - 2018e
Figure 22: Top 10 largest animal feed exporters, 2018
Figure 23: Production of animal feed by region, 2018
Figure 24: Production structure of animal feed by region, 2018
Figure 25: Top of the largest animal feed producers, 2018
Figure 26: Leading animal feed companies by region, 2017e
Figure 27: Production of some main animal feed materials, 2010 – 2018
Figure 28: Composition of animal feed, 2015
Figure 29: Land area for major agricultural crops, 2010-2018
Figure 30: Land structure for agricultural crops, 2018
Figure 31: Turnover of Vietnam animal feed additives market , 2012 - 2018e
Figure 32: Corn production and value, 2010 – Q1/2019
Figure 33: Corn import volume by month, 2017 - 2019
Figure 34: Corn importing market , Q1/2019
Figure 35: Movements of imported corn prices in domestic market, 2017-3/2019
Figure 36: Price of wheat sold in the northern and southern ports, 2016 – T1/2019
Figure 37: Wheat import output, 2012 – Q1/2019
Figure 38: Structure of Vietnam's wheat import market, Q1/2019
Figure 39: Corn import volume by month, 2016 – Q1/2019
Figure 40: Import volume of soybean meal by month, 2016 - 2018
Figure 41: Soybean import output, 2010 -Q1/2019
Figure 42: Structure of soybean import market, Q1/2019
Figure 43: Price of dried soybean offered at the Northern port, 2016 – 1/2019
Figure 44: Price of dried soybean offered at the Southern port, 2016 – 1/2019
Figure 45: Number of enterprises and workers in the animal feed manufacturing industry, 2010 - 2017
Figure 46: Allocation of animal feed production enterprises by region, 2010 - 2017
Figure 47: Revenue and profit of animal feed manufacturing industry, 2010 - 2017
Figure 48: Investment capital and fixed assets of animal feed industry, 2010 - 2017
Figure 49: Feed production capacity of some major companies in the industry until 2017
Figure 50: Production of animal feed, 2010 – Q1/2019
Figure 51: Consumption value of animal feed, 2013 - Q1/2019
Figure 52: Consumption output of animal feed, 2010 - Q1/2019
Figure 53: Prices of pork, chicken and ducks in the southern provinces, 4/2018 – 4/2019
Figure 54: Animal feed consumption structure, 2018
Figure 55: Import turnover of animal feed and raw materials, 2010 - Q1/2019
Figure 56: Market structure of imported animal feed and raw materials of Vietnam, Q1/2019
Figure 57: Market structure of imported animal feed and raw materials of Vietnam, Q1/2019
Figure 58: Animal feed and raw materials export, 2010 – Q1/2019
Figure 59: Structure of export markets for animal feed and raw materials of Vietnam, Q1/2019
Figure 60: Animal feed inventory output, 2010 - Q1/2019
Figure 61: Vietnam animal feed market share, 2017
Figure 62: Average consumption of meat per capita of Vietnam, 2010 – 2018
Figure 63: Seafood consumption per capita , 2009 – 2017e
Figure 64: Structure of meat production by species, 2018
Figure 65: Breeding industry supply and demand , 2013 – 2018e
Figure 66: World animal feed revenue forecast, 2018e - 2022e
Figure 67: Animal feed additives market forecast, 2016 - 2022f
Figure 68: Total demand for animal feed in Vietnam, 2015 - 2022f
Figure 69: Market revenue of Vietnam feed additives, 2018e - 2022f
Figure 70: Vietnam seafood export turnover, 2010 - 2020f
Figure 71: Profit Target, 2017 - 2018
Figure 72: Selling expense/Net revenue, 2017 - 2018
Figure 73: Administrative expense/Net revenue, 2017 - 2018
Figure 74: Self-financing rate , 2017 - 2018
Figure 75: Liquidity, 2017 - 2018
Figure 76: Average money collecting period , 2018
Figure 77: Date number of Inventory , 2018
Figure 78: Profit ratio, 2017 - 2018
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: GDP at current prices and per capita GDP, 2013-2018
Figure 3: The value of agricultural, forestry and fishery production in Q1 (at constant prices in 2010), 2016 - 2019
Figure 4: Monthly CPI fluctuations, 1/2015 – 3/2019
Figure 5: VND/USD exchange rate, 1/2013-1/2019
Figure 6: Proportion of FDI contribution to import and export, Q1/2019
Figure 7: Import and export of goods, 2016 - Q1/2019
Figure 8: Consumption of animal feed additives by type, 2017e
Figure 9: Consumption of animal feed addictives by area, 2017e
Figure 10: Consumption output of animal feed materials, 2014/2015 - 2018/2019f
Figure 11: Production of corn, wheat, soybean, 2010/2011 – 2018/2019e
Figure 12: The world's largest exporter of animal feed, 2017
Figure 13: Fluctuations in world feed material prices,2017 - 3/2019
Figure 14: World production of animal feed, 2011 - 2018
Figure 15: Output of animal feed production by species, 2011 - 2018
Figure 16: Production structure of animal feed, 2018
Figure 17: Output of animal feed production by species, 2011 – 2018 (cont.)
Figure 18: Sales of global animal feed, 2011 - 2018e
Figure 19: Market share of animal feed consumption by region, 2017
Figure 20: Export value of animal feed in the world, 2010 - 2018e
Figure 21: World animal feed export volume, 2010 - 2018e
Figure 22: Top 10 largest animal feed exporters, 2018
Figure 23: Production of animal feed by region, 2018
Figure 24: Production structure of animal feed by region, 2018
Figure 25: Top of the largest animal feed producers, 2018
Figure 26: Leading animal feed companies by region, 2017e
Figure 27: Production of some main animal feed materials, 2010 – 2018
Figure 28: Composition of animal feed, 2015
Figure 29: Land area for major agricultural crops, 2010-2018
Figure 30: Land structure for agricultural crops, 2018
Figure 31: Turnover of Vietnam animal feed additives market , 2012 - 2018e
Figure 32: Corn production and value, 2010 – Q1/2019
Figure 33: Corn import volume by month, 2017 - 2019
Figure 34: Corn importing market , Q1/2019
Figure 35: Movements of imported corn prices in domestic market, 2017-3/2019
Figure 36: Price of wheat sold in the northern and southern ports, 2016 – T1/2019
Figure 37: Wheat import output, 2012 – Q1/2019
Figure 38: Structure of Vietnam's wheat import market, Q1/2019
Figure 39: Corn import volume by month, 2016 – Q1/2019
Figure 40: Import volume of soybean meal by month, 2016 - 2018
Figure 41: Soybean import output, 2010 -Q1/2019
Figure 42: Structure of soybean import market, Q1/2019
Figure 43: Price of dried soybean offered at the Northern port, 2016 – 1/2019
Figure 44: Price of dried soybean offered at the Southern port, 2016 – 1/2019
Figure 45: Number of enterprises and workers in the animal feed manufacturing industry, 2010 - 2017
Figure 46: Allocation of animal feed production enterprises by region, 2010 - 2017
Figure 47: Revenue and profit of animal feed manufacturing industry, 2010 - 2017
Figure 48: Investment capital and fixed assets of animal feed industry, 2010 - 2017
Figure 49: Feed production capacity of some major companies in the industry until 2017
Figure 50: Production of animal feed, 2010 – Q1/2019
Figure 51: Consumption value of animal feed, 2013 - Q1/2019
Figure 52: Consumption output of animal feed, 2010 - Q1/2019
Figure 53: Prices of pork, chicken and ducks in the southern provinces, 4/2018 – 4/2019
Figure 54: Animal feed consumption structure, 2018
Figure 55: Import turnover of animal feed and raw materials, 2010 - Q1/2019
Figure 56: Market structure of imported animal feed and raw materials of Vietnam, Q1/2019
Figure 57: Market structure of imported animal feed and raw materials of Vietnam, Q1/2019
Figure 58: Animal feed and raw materials export, 2010 – Q1/2019
Figure 59: Structure of export markets for animal feed and raw materials of Vietnam, Q1/2019
Figure 60: Animal feed inventory output, 2010 - Q1/2019
Figure 61: Vietnam animal feed market share, 2017
Figure 62: Average consumption of meat per capita of Vietnam, 2010 – 2018
Figure 63: Seafood consumption per capita , 2009 – 2017e
Figure 64: Structure of meat production by species, 2018
Figure 65: Breeding industry supply and demand , 2013 – 2018e
Figure 66: World animal feed revenue forecast, 2018e - 2022e
Figure 67: Animal feed additives market forecast, 2016 - 2022f
Figure 68: Total demand for animal feed in Vietnam, 2015 - 2022f
Figure 69: Market revenue of Vietnam feed additives, 2018e - 2022f
Figure 70: Vietnam seafood export turnover, 2010 - 2020f
Figure 71: Profit Target, 2017 - 2018
Figure 72: Selling expense/Net revenue, 2017 - 2018
Figure 73: Administrative expense/Net revenue, 2017 - 2018
Figure 74: Self-financing rate , 2017 - 2018
Figure 75: Liquidity, 2017 - 2018
Figure 76: Average money collecting period , 2018
Figure 77: Date number of Inventory , 2018
Figure 78: Profit ratio, 2017 - 2018
