⭐ Vietnam Oil & Fats Market 2025: Key Trends, Imports & Opportunities

🔍 Market Overview

The Vietnam oil and fats market in 2025 continues to expand as industrial demand increases across food manufacturing, aquafeed, livestock feed, cosmetics, and pharmaceuticals.
In addition, rising imports and stable domestic production contribute to improved supply reliability.

🏭 Domestic Production Trends

Vietnam’s production of oil and petroleum products reached 1.895 million tonnes in October 2025, an increase of 3.17% from the previous month.
This reflects stronger operational stability at local refineries.

Key domestic developments include:

• Expansion of refinery output

• More stable fuel prices in early 2025

• Improved supply for downstream manufacturing sectors

These improvements indirectly support the oil & fats industry by ensuring consistent raw material availability.

🚢 Import Growth & Supply Expansion

Imports of oil and petroleum products rose significantly in mid-2025:

• +31.9% in volume

• +44.4% in value
  compared with 2024.

This surge supports industries relying on:

• Coconut oil

• Fish oil

• Beef tallow

• Palm oil

• Industrial vegetable oils

Vietnam’s first U.S. crude oil purchase in 2025 marks stronger supply diversification, enhancing overall supply chain stability.

Further observations:

• Importers are prioritizing markets such as Malaysia, Indonesia, Thailand, India, and the U.S.

• Demand for Crude Fish Oil, Crude Coconut Oil, and Refined Beef Tallow continues to increase due to feed production growth.

• Cosmetics and skincare manufacturers are raising demand for premium-grade coconut oil and specialty fats.

🌍 Global Oil Price Outlook (2025–2026)

Forecasts indicate a potential oversupply in the global oil market, which may reduce crude oil prices and logistics costs.

✔ Potential Benefits

• Lower input costs for oil & fats raw materials

• More flexible procurement planning

• Stronger inventory management for manufacturers

⚠ Potential Risks

• Price fluctuations due to geopolitical events

• Shipping delays from global port congestion

• Stricter regulations on traceability and sustainability

Additional global trends:

• Asian refiners are offering competitive long-term supply contracts

• Vegetable oil prices (especially palm oil and soybean oil) may soften

• Sustainable oil demand is increasing sharply in Europe and Japan

💼 Opportunities for Rich Moon in 2025

🏷 Competitive Import Prices

Oversupply conditions create more favorable purchase opportunities for:

• Fish oil

• Beef tallow

• Coconut oil

• Palm oil

• Industrial fats

📈 Growth in Downstream Industries

Demand for oil & fats continues to rise in:

• Frozen food production

• Instant noodle manufacturing

• Animal feed & aquafeed

• Cosmetics & skincare

• Pharmaceutical softgel capsules

🌐 Expansion Into Export Markets

Stable supply and competitive pricing open opportunities in:

• Middle East: UAE, Qatar, Saudi Arabia

• Africa: Kenya, Nigeria, Ghana

• South Asia: Bangladesh, Pakistan

🔒 Strength Through Quality

Rich Moon can enhance its competitive edge through:

• High-standard documentation (COA, MSDS, CO, CQ)

• Clean and transparent supply chains

• Reliable long-term contracts

⚠️ Market Challenges to Monitor

• Global price volatility

• Container shortages

• Tighter quality control requirements

• Competitors offering extremely low prices

• Possible shifts in tariffs and trade policies

Additional market notes:

• Some countries are tightening customs inspections to prevent contamination

• Vietnam’s logistics costs rose slightly in late 2025

• International buyers now expect faster lead times and precise documentation

🔮 Outlook for Late 2025 & Early 2026

Short-Term

• Oil & fats prices expected to remain stable

• Aquafeed and food sectors continue expanding

Medium-Term

• As global demand recovers, raw material costs may rise slightly

• Vietnamese suppliers remain competitive through quality and stable sourcing

📞 Contact Rich Moon

Francis – Sales Executive
📧 Email: sale4@richmoon.com.vn
📱 Mobile / WhatsApp / WeChat: +84 387 363 125
🌐https://richmoon.com.vn
🏢 Address: 270/4i Le Dinh Can Street, Tan Tao Ward, Binh Tan District, Ho Chi Minh City, Vietnam