
China - Dates - Market Analysis, Forecast, Size, Trends and Insights
China's Date Imports Jump 119% to $1.1 Million in February 2023
China Date Imports
After two months of decline, overseas purchases of dates increased by 152% to 2.5K tons in February 2023. Overall, imports showed a strong increase. The pace of growth was the most pronounced in November 2022 with an increase of 334% against the previous month. As a result, imports attained the peak of 5K tons. From December 2022 to February 2023, the growth of imports remained at a lower figure.
In value terms, date imports soared to $1.1M (IndexBox estimates) in February 2023. Over the period under review, imports posted a remarkable increase. The growth pace was the most rapid in November 2022 when imports increased by 191% m-o-m. As a result, imports attained the peak of $2.1M. From December 2022 to February 2023, the growth of imports remained at a lower figure.
COUNTRY | Import Value of Date in China (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
United Arab Emirates | 56.2 | 5.6 | N/A | 41.4 | 144 | 489 | 187 | 177 | 267 | 1,293 | 823 | 294 | 552 |
Saudi Arabia | 236 | 65.2 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 15.5 | N/A | 37.5 | 418 |
Iran | 236 | 414 | 352 | 324 | 212 | 296 | 478 | 187 | 450 | 782 | 725 | 188 | 161 |
Others | 24.3 | 55.0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6.9 | N/A | 8.1 |
Total | 552 | 540 | 352 | 365 | 357 | 785 | 666 | 363 | 717 | 2,091 | 1,555 | 520 | 1,139 |
Imports by Country
The United Arab Emirates (1.3K tons), Saudi Arabia (727 tons) and Iran (468 tons) were the main suppliers of date imports to China, with a combined 100% share of total imports.
From February 2022 to February 2023, the biggest increases were in the United Arab Emirates (with a CAGR of +19.6%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest date suppliers to China were the United Arab Emirates ($552K), Saudi Arabia ($418K) and Iran ($161K), together accounting for 99% of total imports.
The United Arab Emirates, with a CAGR of +21.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In February 2023, the date price stood at $460 per ton (CIF, China), falling by -13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 40% m-o-m. Over the period under review, average import prices attained the maximum at $619 per ton in October 2022; however, from November 2022 to February 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Saudi Arabia ($575 per ton), while the price for Iran ($343 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the date market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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