China - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Price in China - 2023
Contents:
- Almond Price in China (CIF) - 2023
- Almond Price in China (FOB) - 2022
- Almond Imports in China
- Almond Exports in China
Almond Price in China (CIF) - 2023
In September 2023, the average almond import price amounted to $3,492 per ton, which is down by -11% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 13% month-to-month. As a result, import price reached the peak level of $3,926 per ton, and then dropped in the following month.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($3,545 per ton), while the price for Australia amounted to $3,483 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.8%).
Almond Price in China (FOB) - 2022
In 2022, the average almond export price amounted to $2,905 per ton, falling by -26.5% against the previous year. In general, the export price showed a slight slump. The pace of growth appeared the most rapid in 2019 an increase of 12% against the previous year. Over the period under review, the average export prices reached the maximum at $8,600 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($4,500 per ton), while the average price for exports to Russia ($2,748 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+31.1%), while the prices for the other major destinations experienced a decline.
Almond Imports in China
In 2022, imports of almonds into China rose to 79K tons, increasing by 4.3% against 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 67%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, almond imports totaled $279M in 2022. In general, imports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by 73% against the previous year.
| Import of Almond in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 183 | 53.4 | 96.1 | 141 | -8.3% |
| United States | 104 | 103 | 175 | 137 | 9.6% |
| Others | 12.4 | 0.6 | 0.1 | N/A | -91.0% |
| Total | 299 | 157 | 272 | 279 | -2.3% |
Top Suppliers of Almond to China in 2022:
- United States (41.8K tons)
- Australia (37.5K tons)
Almond Exports in China
After two years of decline, shipments abroad of almonds increased by 537% to 169 tons in 2022. In general, exports saw temperate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, almond exports surged to $490K in 2022. Over the period under review, exports, however, faced a deep reduction.
| Export of Almond in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | 22.3 | 207 | 828.3% |
| Hong Kong SAR | N/A | 185 | 0.5 | 120 | -19.5% |
| Iran | N/A | N/A | N/A | 113 | 0% |
| Russia | N/A | N/A | N/A | 36.3 | 0% |
| Thailand | N/A | N/A | N/A | 14.4 | 0% |
| United States | 218 | 72.6 | N/A | N/A | -66.7% |
| United Arab Emirates | N/A | N/A | 75.2 | N/A | 0% |
| Australia | 357 | 269 | N/A | N/A | -24.6% |
| Pakistan | 84.1 | N/A | N/A | N/A | 0% |
| Others | 24.4 | N/A | 6.6 | N/A | -48.0% |
| Total | 683 | 526 | 105 | 490 | -10.5% |
Top Export Markets for Almond from China in 2022:
- Vietnam (70.6 tons)
- Iran (40.8 tons)
- Hong Kong SAR (40.8 tons)
- Russia (13.2 tons)
- Thailand (3.2 tons)
This report provides an in-depth analysis of the almond 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:
- FCL 221 - Almonds
Country coverage:
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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