China - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in China - 2023
Contents:
- Dry Vegetable Price in China (FOB) - 2023
- Dry Vegetable Price in China (CIF) - 2022
- Dry Vegetable Exports in China
- Dry Vegetable Imports in China
Dry Vegetable Price in China (FOB) - 2023
In September 2023, the average dry vegetable export price amounted to $3,365 per ton, approximately mirroring the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 6.6% against the previous month. The export price peaked at $3,466 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Japan ($7,775 per ton), while the average price for exports to Indonesia ($2,121 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 Brazil (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Price in China (CIF) - 2022
In 2022, the average dry vegetable import price amounted to $2,953 per ton, with a decrease of -74.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 82% against the previous year. The import price peaked at $12,904 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($15,627 per ton), while the price for India ($1,263 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Vegetable Exports in China
In 2022, after three years of growth, there was decline in shipments abroad of dry vegetables, when their volume decreased by -1.5% to 284K tons. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year.
In value terms, dry vegetable exports amounted to $922M in 2022. The total export value increased at an average annual rate of +13.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Dry Vegetable in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 178 | 248 | 293 | 299 | 18.9% |
| Japan | 113 | 106 | 118 | 144 | 8.4% |
| South Korea | 27.7 | 37.3 | 51.6 | 65.6 | 33.3% |
| Germany | 33.1 | 38.7 | 46.0 | 43.6 | 9.6% |
| Brazil | 21.1 | 36.1 | 32.7 | 33.4 | 16.5% |
| Russia | 16.5 | 20.1 | 26.9 | 28.2 | 19.6% |
| Canada | 19.7 | 21.3 | 23.8 | 28.1 | 12.6% |
| Indonesia | 19.5 | 16.7 | 19.5 | 23.5 | 6.4% |
| Netherlands | 16.2 | 22.7 | 19.2 | 21.4 | 9.7% |
| Belgium | 14.9 | 13.2 | 15.5 | 17.5 | 5.5% |
| Philippines | 12.8 | 14.3 | 16.2 | 17.3 | 10.6% |
| Australia | 11.2 | 13.6 | 14.8 | 17.2 | 15.4% |
| United Kingdom | 9.6 | 10.4 | 15.3 | 14.0 | 13.4% |
| Others | 140 | 177 | 195 | 170 | 6.7% |
| Total | 632 | 776 | 887 | 922 | 13.4% |
Top Export Markets for Dry Vegetable from China in 2022:
- United States (99.3K tons)
- Japan (19.6K tons)
- Germany (15.8K tons)
- Brazil (13.0K tons)
- Russia (11.8K tons)
- Indonesia (11.1K tons)
- Canada (10.0K tons)
- South Korea (9.4K tons)
- Netherlands (8.2K tons)
- Australia (6.9K tons)
- Philippines (6.2K tons)
- Belgium (6.2K tons)
- United Kingdom (5.5K tons)
Dry Vegetable Imports in China
In 2022, dry vegetable imports into China skyrocketed to 4.3K tons, with an increase of 206% against 2021 figures. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, dry vegetable imports reduced remarkably to $13M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.6% 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 +14.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. As a result, imports attained the peak of $16M, and then reduced sharply in the following year.
| Import of Dry Vegetable in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 0.3 | 5.6 | 1766.7% |
| Indonesia | 1.4 | 4.5 | 6.5 | 3.6 | 37.0% |
| Chile | 2.0 | 1.2 | 2.3 | 1.1 | -18.1% |
| India | 1.4 | 0.1 | 0.3 | 0.1 | -58.5% |
| New Zealand | 1.2 | 1.2 | 1.6 | 0.1 | -56.3% |
| United States | 0.6 | 0.5 | 0.5 | N/A | -8.7% |
| Others | 4.4 | 3.5 | 4.3 | 2.1 | -21.9% |
| Total | 11.0 | 11.1 | 15.9 | 12.6 | 4.6% |
Top Suppliers of Dry Vegetable to China in 2022:
- Myanmar (3594.0 tons)
- Indonesia (230.1 tons)
- India (108.1 tons)
- Chile (48.6 tons)
- New Zealand (14.6 tons)
- United States (6.7 tons)
This report provides an in-depth analysis of the dry 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 469 - Vegetables, Dehydrated
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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