Vietnam Cherry Prices Jump Amid US Supply Drop, Logistics Costs
US cherry imports into Vietnam now cost up to US$30.62 per kilogram. This 50-95% annual increase stems from lower US production and rising global logistics expenses, impacting consumer prices.
Vietnam Sees Steep Cherry Price Rises
US cherry prices in Vietnam have climbed significantly. Consumers pay up to VND800,000 (US$30.62) per kilogram. This marks a 50-95% increase from a year earlier. Red cherry varieties saw the largest gains. Their prices rose 80-95% to VND480,000 per kilogram in Ho Chi Minh City stores. Yellow cherries now fetch VND800,000 per kilogram, a 50% jump. Loan, a fruit store owner in Go Vap Ward, cited higher US wholesale prices and transport costs.
US Production Declines Drive Up Costs
Lower US production contributes to these increases. The US Department of Agriculture projects a 17% year-on-year drop in sweet cherry output for 2026. Total production may reach 310,500 metric tons. Washington, a key supplier to Vietnam, expects a 23% reduction to 200,000 tons. Oregon's production is also forecast to decline by 24%.
Warm Californian weather caused an early harvest this year. Conversely, frost and cold weather hit Pacific Northwest states hard in spring. US retailers Kroger and Walmart list cherries 15-20% higher. Their prices range from US$5.99-7.99 per pound (VND347,000-464,000 per kilogram).
Global Logistics Costs Add Pressure
Elevated logistics costs further drive up prices. Vietnamese importers note the Middle East conflict's impact. It causes fuel price and freight rate fluctuations. These costs affect fresh fruit transport more acutely. Perishable goods require quick, refrigerated shipping. Customs data shows Vietnam imported US$37 million worth of cherries in the first half of 2026. This volume represents a 9.3% increase year-on-year.
Vietnamese consumers face higher costs for imported fresh produce. Importers must manage increased sourcing and transport expenses. This trend demonstrates how global events, like regional conflicts, directly affect Asian consumer markets. Rising freight rates for refrigerated goods could depress demand.
It may also shift consumer preferences towards domestic or regional alternatives. Businesses importing perishable items should factor in sustained volatility for logistics costs.
This article is journalism, not investment advice; consult a licensed professional before making financial decisions. Market data is indicative, may be delayed, and should be verified with your broker or exchange before use.
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