Frozen Strawberries Price in China - 2023
Contents:
- Frozen Strawberries Price in China (FOB) - 2023
- Frozen Strawberries Price in China (CIF) - 2023
- Frozen Strawberries Exports in China
- Frozen Strawberries Imports in China
Frozen Strawberries Price in China (FOB) - 2023
In June 2023, the average frozen strawberries export price amounted to $1,614 per ton, shrinking by -1.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 3.7% month-to-month. The export price peaked at $1,862 per ton in November 2022; however, from December 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,686 per ton), while the average price for exports to Vietnam ($1,047 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 the UK (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Price in China (CIF) - 2023
In June 2023, the average frozen strawberries import price amounted to $1,511 per ton, dropping by -3.9% against the previous month. Overall, the import price continues to indicate a slight decline. The pace of growth was the most pronounced in January 2023 an increase of 12% against the previous month. As a result, import price attained the peak level of $1,945 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Chile ($1,885 per ton), while the price for Egypt ($1,474 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 Chile (+0.0%), while the prices for the other major suppliers experienced a decline.
Frozen Strawberries Exports in China
In 2022, shipments abroad of frozen strawberrieses decreased by -9.2% to 43K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports reached the peak of 55K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, frozen strawberries exports shrank to $77M in 2022. Over the period under review, exports recorded a perceptible shrinkage.
| Export of Frozen Strawberries in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 21.4 | 19.7 | 20.7 | 20.1 | -2.1% |
| Thailand | 9.7 | 7.8 | 11.2 | 13.2 | 10.8% |
| South Korea | 7.5 | 5.8 | 7.7 | 11.2 | 14.3% |
| Guatemala | N/A | 2.0 | 5.0 | 3.9 | 39.6% |
| New Zealand | 2.7 | 2.6 | 2.5 | 3.6 | 10.1% |
| United Kingdom | 6.1 | 5.3 | 3.4 | 3.0 | -21.1% |
| Canada | 4.3 | 3.2 | 3.0 | 2.9 | -12.3% |
| Australia | 3.9 | 2.9 | 3.5 | 2.8 | -10.5% |
| Philippines | 1.4 | 1.1 | 2.1 | 2.7 | 24.5% |
| Indonesia | 2.4 | 1.6 | 1.0 | 2.1 | -4.4% |
| Malaysia | 0.8 | 0.7 | 1.0 | 1.5 | 23.3% |
| Vietnam | 0.8 | 0.6 | 1.0 | 1.4 | 20.5% |
| Russia | 4.8 | 2.5 | 1.7 | 0.4 | -56.3% |
| Others | 16.2 | 22.4 | 12.9 | 8.3 | -20.0% |
| Total | 82.1 | 78.2 | 76.9 | 76.9 | -2.2% |
Top Export Markets for Frozen Strawberries from China in 2022:
- Japan (9.3K tons)
- Thailand (8.0K tons)
- South Korea (7.2K tons)
- Guatemala (2.4K tons)
- Canada (1.8K tons)
- New Zealand (1.7K tons)
- Australia (1.6K tons)
- Philippines (1.4K tons)
- United Kingdom (1.4K tons)
- Indonesia (1.1K tons)
- Vietnam (1.0K tons)
- Malaysia (0.9K tons)
- Russia (0.3K tons)
Frozen Strawberries Imports in China
For the fourth consecutive year, China recorded growth in overseas purchases of frozen strawberrieses, which increased by 6% to 39K tons in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, frozen strawberries imports expanded remarkably to $66M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Frozen Strawberries in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 12.3 | 13.4 | 40.8 | 51.1 | 60.8% |
| Chile | 9.6 | 14.8 | 12.4 | 11.5 | 6.2% |
| Morocco | 7.4 | 8.7 | 8.6 | 2.4 | -31.3% |
| Others | 3.8 | 0.7 | 0.8 | 0.7 | -43.1% |
| Total | 33.1 | 37.6 | 62.6 | 65.8 | 25.7% |
Top Suppliers of Frozen Strawberries to China in 2022:
- Egypt (31.1K tons)
- Chile (5.9K tons)
- Morocco (1.4K tons)
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