China - Inulin - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$499 Basic Edition $1995 Professional Edition

What's the difference?

Article Publishing Date: Sep 3, 2023

China's Inulin Price Rises to $4,595 per Ton Following Two Consecutive Months of Increase

China Inulin Export Price in June 2023

In June 2023, the inulin price amounted to $4,595 per ton (FOB, China), remaining stable against the previous month. Overall, the export price, however, recorded a slight descent. The growth pace was the most rapid in March 2023 an increase of 15% month-to-month. The export price peaked at $5,387 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In June 2023, the country with the highest price was Canada ($5,506 per ton), while the average price for exports to Russia ($3,789 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.6%), while the prices for the other major destinations experienced a decline.

China Inulin Export Prices By Country (USD Per Ton)

COUNTRY	Export Price of Inulin in China (USD per ton)
COUNTRY	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023
Canada	7,400	9,242	N/A	N/A	5,654	5,101	5,562	6,777	7,200	3,600	4,400	6,995	5,506
United States	4,722	4,622	5,723	4,949	4,664	4,506	4,309	4,446	4,406	4,411	4,267	4,520	4,382
Russia	4,836	4,474	4,516	4,579	3,495	N/A	N/A	4,196	3,555	3,996	N/A	3,465	3,789
Average	5,387	5,071	5,067	4,896	4,943	4,554	4,665	4,777	4,002	4,603	4,397	4,535	4,595

China Inulin Exports

In June 2023, approximately 277 tons of inulin were exported from China; jumping by 77% compared with May 2023. Over the period under review, exports enjoyed a slight increase.

In value terms, inulin exports soared to $1.3M (IndexBox estimates) in June 2023. Overall, exports continue to indicate a relatively flat trend pattern.

China Inulin Exports by Country

the United States (205 tons) was the main destination for inulin exports from China, accounting for a 74% share of total exports. Moreover, inulin exports to the United States exceeded the volume sent to the second major destination, Canada (22 tons), ninefold. The third position in this ranking was held by Myanmar (20 tons), with a 7.2% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of volume to the United States totaled +8.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+2.7% per month) and Myanmar (+26.0% per month).

In value terms, the United States ($900K) remains the key foreign market for inulin exports from China, comprising 71% of total exports. The second position in the ranking was held by Canada ($121K), with a 9.5% share of total exports. It was followed by Myanmar, with an 8.5% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value to the United States stood at +8.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+0.2% per month) and Myanmar (+25.3% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the inulin 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.

Product coverage:

• Prodcom 10621130 - Inulin

Country coverage:

• China

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in China

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022