
China - Pulses - Market Analysis, Forecast, Size, Trends and Insights
China's Pulse Imports Surpass Record $1.1B
IndexBox has just published a new report: 'China - Pulses - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
China's Pulse Imports by Country
In 2020, the amount of pulses imported into China soared to 3.2M tons, increasing by 43% from2019. In value terms, purchases skyrocketed from $800M to $1.1B (IndexBox estimates).
In 2020, Canada (2.7M tons) constituted the largest provider of pulses to China, with a 85% share of total supplies. Moreover, pulses imports from Canada exceeded the figures recorded by the second-largest supplier, the U.S. (138K tons), more than tenfold.
In value terms, Canada ($762M) constituted the largest supplier of pulses to China, comprising 71% of total imports. The second position in the ranking was occupied by Myanmar ($64M), with a 5.9% share of total supplies.
From 2010 to 2020, the average annual rate of growth in terms of value from Canada amounted to +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+0.3% per year) and the U.S. (+7.8% per year).
The average pulse import price stood at $334 per ton in 2020, waning by -6.2% against the previous year. Prices varied noticeably by the country of origin; the country with the highest price was Myanmar ($763 per ton), while the price for Canada ($279 per ton) was amongst the lowest. From 2010 to 2020, the most notable rate of growth in terms of prices was attained by Myanmar, while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the pulses 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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