China - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights

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Dried Prune Price in China - 2023

Contents:

  1. Dried Prune Price in China (CIF) - 2023
  2. Dried Prune Price in China (FOB) - 2023
  3. Dried Prune Imports in China
  4. Dried Prune Exports in China

Dried Prune Price in China (CIF) - 2023

In June 2023, the average dried prune import price amounted to $2,366 per ton, growing by 24% against the previous month. Over the period under review, import price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, dried prune import price increased by +74.7% against April 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 41% against the previous month. The import price peaked at $3,023 per ton in September 2022; however, from October 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Chile ($3,474 per ton), while the price for Uzbekistan ($1,096 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Dried Prune Price in China (FOB) - 2023

In June 2023, the average dried prune export price amounted to $1,327 per ton, which is down by -49.8% against the previous month. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in January 2023 an increase of 218% against the previous month. As a result, the export price attained the peak level of $5,356 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($2,230 per ton), while the average price for exports to Japan totaled $1,008 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-7.0%).

Dried Prune Imports in China

Dried prune imports into China surged to 20K tons in 2022, with an increase of 93% on 2021. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried prune imports surged to $52M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dried Prune in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile6.67.05.131.468.2%
United States2.22.77.610.568.4%
UzbekistanN/AN/A0.27.53650.0%
AustraliaN/A0.22.21.2144.9%
France2.31.64.50.7-32.7%
Others0.3N/A0.10.2-12.6%
Total11.411.619.751.665.4%

Top Suppliers of Dried Prune to China in 2022:

  1. Chile (8.6K tons)
  2. Uzbekistan (6.2K tons)
  3. United States (4.4K tons)
  4. France (0.5K tons)
  5. Australia (0.4K tons)

Dried Prune Exports in China

In 2022, approx. 1.7K tons of dried prunes were exported from China; with an increase of 13% against the year before. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 176%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, dried prune exports declined slightly to $3.8M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $3.8M, leveling off in the following year.

Export of Dried Prune in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,4081,3122,6852,74424.9%
United States5.418.550.5271268.9%
Malaysia20.246.248.365.748.2%
Thailand20.613.345.31.6-57.3%
Hong Kong SAR441N/AN/AN/A0%
Taiwan (Chinese)442N/AN/AN/A0%
Others82.61,0661,011727106.5%
Total2,4202,4563,8403,80916.3%

Top Export Markets for Dried Prune from China in 2022:

  1. Japan (1395.7 tons)
  2. United States (96.4 tons)
  3. Malaysia (33.0 tons)
  4. Thailand (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried prune 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:

    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:

    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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      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, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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