China - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFructose Price in China - 2023
Contents:
- Fructose Price in China (FOB) - 2023
- Fructose Price in China (CIF) - 2023
- Fructose Exports in China
- Fructose Imports in China
Fructose Price in China (FOB) - 2023
In June 2023, the average fructose export price amounted to $714 per ton, approximately mirroring the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 6.2% m-o-m. Over the period under review, the average export prices attained the maximum at $778 per ton in September 2022; however, from October 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 United States ($2,142 per ton), while the average price for exports to Vietnam ($481 per ton) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Fructose Price in China (CIF) - 2023
The average fructose import price stood at $526 per ton in June 2023, increasing by 2.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 6.5% month-to-month. As a result, import price attained the peak level of $536 per ton. From November 2022 to June 2023, the average import prices remained 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 Vietnam ($680 per ton), while the price for Myanmar ($356 per ton) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Fructose Exports in China
In 2022, overseas shipments of fructose and fructose syrup were finally on the rise to reach 660K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a noticeable descent.
In value terms, fructose exports skyrocketed to $519M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fructose in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 72.4 | 73.1 | 70.4 | 84.0 | 5.1% |
| Vietnam | 58.4 | 51.0 | 24.6 | 75.9 | 9.1% |
| Malaysia | 27.4 | 27.8 | 30.5 | 43.0 | 16.2% |
| Philippines | 33.1 | 31.0 | 35.9 | 41.7 | 8.0% |
| South Korea | 34.4 | 39.0 | 34.3 | 38.0 | 3.4% |
| Thailand | 31.7 | 31.6 | 33.6 | 36.5 | 4.8% |
| United States | 30.3 | 25.2 | 26.9 | 29.1 | -1.3% |
| Australia | 9.0 | 11.2 | 15.2 | 16.7 | 22.9% |
| Taiwan (Chinese) | 10.2 | 10.6 | 13.9 | 15.0 | 13.7% |
| Hong Kong SAR | 13.7 | 7.7 | 10.1 | 14.2 | 1.2% |
| Singapore | 6.8 | 7.3 | 10.1 | 10.8 | 16.7% |
| Others | 97.1 | 99.4 | 93.1 | 114 | 5.5% |
| Total | 424 | 415 | 399 | 519 | 7.0% |
Top Export Markets for Fructose from China in 2022:
- Vietnam (148.1K tons)
- Indonesia (121.0K tons)
- Philippines (61.5K tons)
- Malaysia (60.4K tons)
- Thailand (50.2K tons)
- South Korea (48.2K tons)
- Australia (19.0K tons)
- Hong Kong SAR (13.8K tons)
- United States (12.3K tons)
- Singapore (10.9K tons)
- Taiwan (Chinese) (10.4K tons)
Fructose Imports in China
In 2022, approx. 1.1M tons of fructose and fructose syrup were imported into China; jumping by 58% against 2021. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 658%. As a result, imports attained the peak of 1.1M tons; afterwards, it flattened through to 2022.
In value terms, fructose imports skyrocketed to $544M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 377% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fructose in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 31.2 | 191 | 201 | 420 | 137.9% |
| Vietnam | 0.6 | 101 | 35.2 | 52.2 | 343.1% |
| Malaysia | 24.2 | 39.4 | 18.6 | 23.2 | -1.4% |
| Myanmar | 2.5 | 27.0 | 8.2 | 0.2 | -56.9% |
| Others | 30.0 | 63.6 | 55.2 | 48.4 | 17.3% |
| Total | 88.6 | 423 | 318 | 544 | 83.1% |
Top Suppliers of Fructose to China in 2022:
- Thailand (915.5K tons)
- Vietnam (90.5K tons)
- Malaysia (46.9K tons)
- Myanmar (0.4K tons)
This report provides an in-depth analysis of the fructose 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 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter
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
461
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483
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