China - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBiodiesel Price in China - 2023
Contents:
- Biodiesel Price in China (FOB) - 2023
- Biodiesel Price in China (CIF) - 2023
- Biodiesel Exports in China
- Biodiesel Imports in China
Biodiesel Price in China (FOB) - 2023
In June 2023, the average biodiesel export price amounted to $1,176 per ton, falling by -7.1% against the previous month. In general, the export price showed a noticeable slump. The pace of growth was the most pronounced in July 2022 an increase of 4.2% against the previous month. As a result, the export price reached the peak level of $1,866 per ton. From August 2022 to June 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was Belgium ($1,344 per ton), while the average price for exports to Malta ($1,152 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 Spain (-1.6%), while the prices for the other major destinations experienced a decline.
Biodiesel Price in China (CIF) - 2023
The average biodiesel import price stood at $1,083 per ton in June 2023, surging by 34% against the previous month. In general, the import price, however, saw a perceptible curtailment. The import price peaked at $1,749 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Malaysia ($3,120 per ton), while the price for the Philippines totaled $1,600 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), while the prices for the other major suppliers experienced a decline.
Biodiesel Exports in China
For the fourth consecutive year, China recorded growth in overseas shipments of biodiesel, which increased by 39% to 1.8M tons in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, biodiesel exports soared to $3B in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Biodiesel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 360 | 644 | 1,270 | 2,263 | 84.6% |
| Belgium | 40.5 | 52.7 | 233 | 399 | 114.4% |
| Spain | 121 | 246 | 228 | 164 | 10.7% |
| Malaysia | 64.7 | 4.9 | N/A | 67.4 | 1.4% |
| Singapore | N/A | 17.7 | N/A | 41.3 | 52.8% |
| Others | 5.3 | 0.5 | 68.9 | 74.8 | 141.7% |
| Total | 592 | 965 | 1,799 | 3,010 | 72.0% |
Top Export Markets for Biodiesel from China in 2022:
- Netherlands (1343.3K tons)
- Belgium (242.5K tons)
- Spain (100.6K tons)
- Malaysia (40.1K tons)
- Singapore (27.7K tons)
Biodiesel Imports in China
In 2022, biodiesel imports into China soared to 308K tons, with an increase of 75% compared with the previous year. In general, imports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 113%.
In value terms, biodiesel imports skyrocketed to $428M in 2022. Over the period under review, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 189%.
| Import of Biodiesel in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 94.6 | 20.6 | 88.5 | 238 | 36.0% |
| Indonesia | 413 | 7.8 | 98.2 | 161 | -26.9% |
| Hong Kong SAR | 43.7 | 42.2 | 39.5 | 16.9 | -27.1% |
| Others | 6.0 | 9.3 | 4.5 | 11.4 | 23.9% |
| Total | 558 | 79.9 | 231 | 428 | -8.5% |
Top Suppliers of Biodiesel to China in 2022:
- Malaysia (174.9K tons)
- Indonesia (113.4K tons)
- Hong Kong SAR (9.7K tons)
This report provides an in-depth analysis of the biodiesel 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 20595997 - Biofuels (diesel substitute)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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This report provides an in-depth analysis of the biodiesel market in China.
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This report provides an in-depth analysis of the global biodiesel market.
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This report provides an in-depth analysis of the biodiesel market in China.
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This report provides an in-depth analysis of the global biodiesel market.
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China's biodiesel exports experienced a significant decline in February 2023 amidst increased competition. The Netherlands remains the key foreign market for biodiesel exports from China, comprising 92% of total exports in value terms. Overall, total exports indicated a tangible expansion from February 2022 to February 2023, with an average monthly rate of +4.7%, despite noticeable fluctuations. Average prices varied somewhat for major overseas markets. In February 2023, the biodiesel price stood at $1,342 per ton, with Belgium having the highest average price of $1,729 per ton, while the average price for exports to Spain was amongst the lowest at $1,250 per ton. Factors such as increased competition and changes in government policies or regulations were considered to have contributed to the decline in China's biodiesel exports.
243
Explore the top import markets for biodiesel globally and understand the key statistics and trends. Discover the countries leading the biodiesel import market and their import values as per the IndexBox market intelligence platform.
391
Discover the top import markets for biodiesel and how these countries are driving the growth of the industry. Learn why the Netherlands, Belgium, France, Germany, and Spain are leading the way in biodiesel imports.
739
This year, Belgium is overtaking Germany to emerge as the second-largest biodiesel exporter in the world. From January to July 2021, Belgium supplied biodiesel worth $2.1B abroad, while Germany’s exports were estimated at $1.8B. The Netherlands keeps the leading position with a biodiesel export value of $4.2B. In 2020, Germany ($2.3B) followed the Netherlands ($4.6B) in global export ranking, while Belgium ($1.5B) took third place. The average biodiesel export price grew by +11% y-o-y to $979 per ton in 2020.
1089
Neither the pandemic nor the low oil prices succeeded in slowing the growth of the global biodiesel market. As economies worldwide start to recover from the Covid crisis, and environmental concerns increase, the demand is set to remain robust in 2021.
641
China's biodiesel exports experienced a significant decline in February 2023 amidst increased competition. The Netherlands remains the key foreign market for biodiesel exports from China, comprising 92% of total exports in value terms. Overall, total exports indicated a tangible expansion from February 2022 to February 2023, with an average monthly rate of +4.7%, despite noticeable fluctuations. Average prices varied somewhat for major overseas markets. In February 2023, the biodiesel price stood at $1,342 per ton, with Belgium having the highest average price of $1,729 per ton, while the average price for exports to Spain was amongst the lowest at $1,250 per ton. Factors such as increased competition and changes in government policies or regulations were considered to have contributed to the decline in China's biodiesel exports.
243
Explore the top import markets for biodiesel globally and understand the key statistics and trends. Discover the countries leading the biodiesel import market and their import values as per the IndexBox market intelligence platform.
391
Discover the top import markets for biodiesel and how these countries are driving the growth of the industry. Learn why the Netherlands, Belgium, France, Germany, and Spain are leading the way in biodiesel imports.
739
This year, Belgium is overtaking Germany to emerge as the second-largest biodiesel exporter in the world. From January to July 2021, Belgium supplied biodiesel worth $2.1B abroad, while Germany’s exports were estimated at $1.8B. The Netherlands keeps the leading position with a biodiesel export value of $4.2B. In 2020, Germany ($2.3B) followed the Netherlands ($4.6B) in global export ranking, while Belgium ($1.5B) took third place. The average biodiesel export price grew by +11% y-o-y to $979 per ton in 2020.
1089
Neither the pandemic nor the low oil prices succeeded in slowing the growth of the global biodiesel market. As economies worldwide start to recover from the Covid crisis, and environmental concerns increase, the demand is set to remain robust in 2021.
