What is the price of mace per kilogram/pound in Vietnam today?
The retail price range for Vietnam mace is between US$ 7.85 and US$ 17.67 per kilogram or between US$ 3.56 and US$ 8.01 per pound(lb). Click here to see today's exact prices of mace in Vietnam
The retail price range in Dong for mace is between VND 196,300.00 and VND 441,675.00 per kilogram or between VND 89,024.94 and VND 200,306.12 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2025, the approximate wholesale price range for Vietnam mace is between US$ 5.50 and US$ 12.37 per kilogram or between US$ 2.49 and US$ 5.61 per pound(lb).
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Vietnam Mace Export Prices - Historical, Trends and Prediction
The export price per kilogram of Mace from Vietnam over the last five years has seen a steady decline. In 2013, the price was 24.47 US dollars per kg, and by 2020, it had dropped to 23.52 US dollars per kg. The lowest price was recorded in 2016, when it was 14.61 US dollars per kg. However, in 2019, the price rose to 19.74 US dollars per kg, before dropping again in 2020. Based on this data, it is likely that the export price per kilogram of Mace from Vietnam will continue to decrease in the coming years, and we can predict that it will be around 12.50 US dollars per kg in 2023 and 12.00 US dollars per kg in 2024.Vietnam Mace Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mace into Vietnam has seen a steady decline over the past five years. In 2013, the price was 24.47 US dollars per kg, and by 2020, it had dropped to 23.52 US dollars per kg. This represents a decrease of 3.95 US dollars per kg, or 16.1%. The biggest drop in price was between 2015 and 2016, when the price decreased from 15.76 US dollars per kg to 14.61 US dollars per kg, a decrease of 7.3%. The price then remained relatively stable until 2019, when it increased to 19.74 US dollars per kg. This was followed by a slight increase to 23.52 US dollars per kg in 2020. Based on this trend, it is likely that the price of Mace imported into Vietnam will continue to increase in the coming years, with an estimated price of 25.45 US dollars per kg in 2023 and 27.38 US dollars per kg in 2024.Export values for Vietnam mace
The total values in export for mace in Vietnam were US$ 1,738, US$ 1,977, US$ 2,203 and US$ 3,592 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Vietnam: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Cardamom, Anise & Coriander seeds.
See prices of mace in other countries across Asia: Kazakhstan mace, Kyrgyzstan mace, Tajikistan mace, Turkmenistan mace, Uzbekistan mace, China mace, Hong Kong mace, Macao mace, North Korea mace & Mongolia mace.
Vietnam mace - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 182 tonnes of mace. In 2019 alone, the demand for Vietnam mace (herbs and spices category) has gone up, with a change of 7.059 per cent compared to the year 2018. Between 2017 and 2019, mace's exports increased by 28.17% netting the country US$3.59m for the year 2019. Vietnam's mace exports are classified as:
- Mace, crushed or ground (HS code 090822)
- Mace, neither crushed nor ground (HS code 090821)
- Mace (HS code 090820)
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Vietnam mace export values
In 2019, Vietnam sold mace valued at 3.59m USD, a surge of 62.96% from 2018's total mace export of 2.203m USD. The yearly growth in value of Vietnam mace between 2017 to 2018 was 11.431 pc.
The annual/yearly change in the amount of Vietnam's mace exports between 2017 and 2019 was 28.17 pc compared to a variation of 7.059% in the period between 2018 and 2019.
Export markets for Vietnam mace ( in '000$ )
Vietnam purchased 253 tonnes of mace in 2019.