China - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrain Price in China - 2023
Contents:
- Grain Price in China (CIF) - 2022
- Grain Price in China (FOB) - 2022
- Grain Imports in China
- Grain Exports in China
Grain Price in China (CIF) - 2022
The average grain import price stood at $359 per ton in 2022, approximately mirroring the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain import price increased by +70.4% against 2016 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $362 per ton in 2021, and then reduced in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($407 per ton) and the United States ($364 per ton), while the price for Ukraine ($314 per ton) and Argentina ($351 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Grain Price in China (FOB) - 2022
The average grain export price stood at $2,184 per ton in 2022, rising by 3.1% against the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($3,846 per ton), while the average price for exports to Kyrgyzstan ($393 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Grain Imports in China
After three years of growth, supplies from abroad of cereal grains decreased by -4.7% to 47M tons in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 129% against the previous year.
In value terms, grain imports shrank to $16.8B in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 126%. As a result, imports attained the peak of $17.8B, and then declined in the following year.
| Import of Grain in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.3 | 2.4 | 8.6 | 7.9 | 197.5% |
| Australia | 0.8 | 0.8 | 1.3 | 2.9 | 53.6% |
| Ukraine | 1.1 | 1.9 | 3.3 | 1.7 | 15.6% |
| Argentina | 0.1 | 0.2 | 1.1 | 1.5 | 146.6% |
| Canada | 0.9 | 1.1 | 1.8 | 1.4 | 15.9% |
| France | 0.4 | 1.0 | 1.5 | 1.0 | 35.7% |
| Others | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Total | 3.8 | 7.9 | 17.8 | 16.8 | 64.1% |
Top Suppliers of Grain to China in 2022:
- United States (21.8M tons)
- Australia (7.8M tons)
- Ukraine (5.5M tons)
- Argentina (4.4M tons)
- Canada (3.5M tons)
- France (2.7M tons)
Grain Exports in China
For the third year in a row, China recorded decline in shipments abroad of cereal grains, which decreased by -10.8% to 57K tons in 2022. Overall, exports showed a precipitous contraction.
In value terms, grain exports dropped to $125M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 7.5%. As a result, the exports attained the peak of $136M, and then reduced in the following year.
| Export of Grain in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 37.9 | 31.9 | 37.9 | 45.6 | 6.4% |
| Philippines | 8.0 | 30.3 | 39.3 | 25.5 | 47.2% |
| Vietnam | 16.3 | 17.0 | 18.3 | 16.1 | -0.4% |
| Japan | 13.3 | 9.9 | 8.1 | 9.4 | -10.9% |
| South Korea | 8.3 | 11.8 | 11.1 | 8.8 | 2.0% |
| Germany | 1.3 | 1.7 | 2.0 | 1.8 | 11.5% |
| Indonesia | 1.9 | 0.8 | 1.7 | 1.0 | -19.3% |
| Ethiopia | 3.2 | N/A | 0.8 | 0.9 | -34.5% |
| Taiwan (Chinese) | 14.6 | 7.5 | 1.5 | 0.7 | -63.7% |
| Eritrea | N/A | N/A | N/A | 0.7 | 0% |
| Kyrgyzstan | N/A | N/A | N/A | 0.6 | 0% |
| Democratic People's Republic of Korea | 6.4 | 0.4 | N/A | N/A | -93.8% |
| Others | 13.9 | 14.9 | 14.9 | 13.5 | -1.0% |
| Total | 125 | 126 | 136 | 125 | 0.0% |
Top Export Markets for Grain from China in 2022:
- Pakistan (12.2K tons)
- Japan (8.7K tons)
- South Korea (8.6K tons)
- Philippines (7.2K tons)
- Vietnam (4.8K tons)
- Kyrgyzstan (1.5K tons)
- Ethiopia (1.5K tons)
- Taiwan (Chinese) (1.4K tons)
- Eritrea (1.2K tons)
- Indonesia (1.0K tons)
- Germany (0.9K tons)
This report provides an in-depth analysis of the grain 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 108 - Cereals, nes
- FCL 103 - Mixed grain
- FCL 92 - Quinoa
- FCL 15 - Wheat
- FCL 71 - Rye
- FCL 44 - Barley
- FCL 75 - Oats
- FCL 56 - Maize
- FCL 27 - Rice, paddy
- FCL 83 - Sorghum
- FCL 89 - Buckwheat
- FCL 101 - Canary seed
- FCL 94 - Fonio
- FCL 97 - Triticale
- FCL 79 - Millet
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the grain market in China.
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This report provides an in-depth analysis of the wheat market in China.
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This report provides an in-depth analysis of the cereal market in China.
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This report provides an in-depth analysis of the grain market in China.
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This report provides an in-depth analysis of the durum wheat market in China.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the global wheat market.
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This report provides an in-depth analysis of the global cereal market.
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This report provides an in-depth analysis of the global grain market.
635
This report provides an in-depth analysis of the global durum wheat market.
277
February 2023 saw a -2% decrease in the price of wheat when measured at $387 per ton (CIF, China) compared to the previous month.
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In June 2023, the Durum Wheat price in China reached $376 per ton (CIF), showing a decrease of 2% compared to the previous month.
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Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
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Explore the top import markets for wheat including Indonesia, Egypt, China, Algeria, Turkey, Italy, Philippines, Morocco, Japan, and Nigeria. Find out the key statistics and market insights using IndexBox platform.
674
In 2022, wheat price growth is forecast to slow down with sufficient global production and falling demand for feed grains in the U.S. and the EU. Global wheat output is set to remain at the 2021’s level of approx. 777M tons.
620
The average annual wheat price in the U.S. is forecast to drop by 2% y-o-y to $250 per ton in 2022, falling on reduced domestic consumption coupled with stable supply worldwide. The market balance will be buoyed by production gains in Argentina and the EU that will offset decreasing output in Brazil and Paraguay.
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This year, harvests in the EU, the U.S., the UK, Argentina, Morocco and Ukraine are expected to increase, leading to a growth in wheat production. Even though global stockpiles of grains will remain high, there are boosted expectations for inflation due to forecasts of record demand and increased prices for other cereal grains. The rising global population and bioethanol production are key factors leading to this growth in demand for wheat. Another driving factor is the emerging trend in the EU to use more wheat in animal feed rather than barley.
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Global wheat production will reach 758.3 million tons in 2020, showing a slight decrease of 0.5 percent over the previous year's highs and still at a fairly high level.
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Global wheat consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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In 2015, the countries with the highest levels of production were China (X thousand tons), India (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
