China - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in China - 2023
Contents:
- Canned Vegetable Price in China (FOB) - 2023
- Canned Vegetable Price in China (CIF) - 2023
- Canned Vegetable Exports in China
- Canned Vegetable Imports in China
Canned Vegetable Price in China (FOB) - 2023
The average canned vegetable export price stood at $1,610 per ton in September 2023, declining by -6.1% against the previous month. Over the period under review, the export price recorded a slight setback. The growth pace was the most rapid in June 2023 an increase of 3.9% month-to-month. The export price peaked at $1,952 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($3,538 per ton), while the average price for exports to Yemen ($605 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Price in China (CIF) - 2023
The average canned vegetable import price stood at $3,007 per ton in September 2023, with a decrease of -25% against the previous month. In general, the import price saw a mild contraction. The pace of growth was the most pronounced in August 2023 when the average import price increased by 45% month-to-month. As a result, import price reached the peak level of $4,009 per ton, and then dropped dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($8,784 per ton), while the price for Italy ($1,279 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Exports in China
In 2022, the amount of canned vegetables exported from China rose modestly to 1.2M tons, growing by 3.7% against the previous year. Over the period under review, exports, however, saw a mild decline.
In value terms, canned vegetable exports expanded rapidly to $2.4B in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Canned Vegetable in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 572 | 530 | 548 | 555 | -1.0% |
| South Korea | 483 | 380 | 385 | 389 | -7.0% |
| United States | 153 | 204 | 181 | 230 | 14.6% |
| Vietnam | 37.3 | 49.7 | 156 | 194 | 73.3% |
| Malaysia | 51.3 | 66.2 | 134 | 138 | 39.1% |
| Germany | 85.2 | 74.6 | 72.7 | 84.0 | -0.5% |
| Spain | 56.9 | 58.2 | 68.1 | 64.7 | 4.4% |
| Netherlands | 38.2 | 33.3 | 40.5 | 60.6 | 16.6% |
| Yemen | 43.1 | 39.0 | 26.9 | 24.8 | -16.8% |
| Others | 660 | 585 | 557 | 635 | -1.3% |
| Total | 2,179 | 2,021 | 2,170 | 2,375 | 2.9% |
Top Export Markets for Canned Vegetable from China in 2022:
- South Korea (384.0K tons)
- Japan (258.6K tons)
- United States (97.8K tons)
- Germany (36.0K tons)
- Yemen (34.2K tons)
- Malaysia (32.1K tons)
- Netherlands (26.3K tons)
- Vietnam (23.4K tons)
- Spain (22.6K tons)
Canned Vegetable Imports in China
In 2022, canned vegetable imports into China dropped to 17K tons, reducing by -6.5% compared with 2021. Over the period under review, imports saw a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 16%.
In value terms, canned vegetable imports rose significantly to $43M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Canned Vegetable in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.7 | 6.3 | 7.7 | 7.6 | 10.1% |
| South Korea | 1.0 | 1.4 | 4.8 | 5.9 | 80.7% |
| United States | 1.7 | 2.1 | 3.6 | 5.3 | 46.1% |
| Thailand | 6.5 | 5.4 | 6.2 | 4.8 | -9.6% |
| Spain | 2.4 | 1.6 | 2.4 | 2.9 | 6.5% |
| Germany | 1.2 | 0.8 | 0.7 | 1.2 | 0.0% |
| Russia | 0.1 | N/A | 0.6 | 1.2 | 128.9% |
| Mexico | 0.1 | N/A | 0.1 | 0.8 | 100.0% |
| Vietnam | 2.0 | 1.3 | 0.6 | 0.5 | -37.0% |
| Others | 10.6 | 12.5 | 13.1 | 12.4 | 5.4% |
| Total | 31.3 | 31.6 | 39.9 | 42.6 | 10.8% |
Top Suppliers of Canned Vegetable to China in 2022:
- Italy (7.0K tons)
- Thailand (3.2K tons)
- Spain (1.4K tons)
- United States (0.9K tons)
- Germany (0.7K tons)
- South Korea (0.7K tons)
- Mexico (0.6K tons)
- Russia (0.4K tons)
- Vietnam (0.2K tons)
This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)
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
- 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
517
This report provides an in-depth analysis of the canned vegetable market in China.
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In value terms, canned vegetable exports reduced to $175M in April 2023.
258
The import value of Vegetable Puree witnessed a significant increase to $128K in June 2023.
270
In February 2023, the price of preserved peas was $1,216 per ton (FOB, China), a 31.8% decrease compared to the previous month.
97
In May 2023, the preserved asparagus market saw a significant growth rate of 399% compared to the previous month. However, by December 2023, the value of preserved asparagus exports decreased to $5.6M.
138
In May 2023, preserved asparagus exports experienced a remarkable growth rate, increasing by 399% compared to the previous month. However, the value of these exports declined to $5.6M in December 2023.
1330
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1566
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1147
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
337
In value terms, canned vegetable exports reduced to $175M in April 2023.
258
The import value of Vegetable Puree witnessed a significant increase to $128K in June 2023.
