Insects; Live, Bees Price in China - 2021

Contents:

1. Insects; Live, Bees Price in China (CIF) - 2022
2. Insects; Live, Bees Price in China (FOB) - 2022
3. Insects; Live, Bees Imports in China
4. Insects; Live, Bees Exports in China

Insects; Live, Bees Price in China (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $0.4 per unit, reducing by -37.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 211%. As a result, import price reached the peak level of $0.7 per unit, and then shrank sharply in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($0.5 per unit), while the price for Belgium stood at $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Insects; Live, Bees Price in China (FOB) - 2022

In 2022, the average insects; live, bees export price amounted to $9.1 per unit, growing by 13% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 65%. The export price peaked at $18 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -5.1% per year.

Insects; Live, Bees Imports in China

In 2022, insects; live, bees imports into China fell to 67K units, shrinking by -6.2% compared with the previous year. In general, imports recorded a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 92% against the previous year. Imports peaked at 668K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, insects; live, bees imports fell dramatically to $30K in 2022. Overall, imports showed a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 498% against the previous year. Imports peaked at $265K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Insects; Live, Bees to China in 2022:

1. Belgium (47.5K units)
2. Slovakia (19.0K units)

Insects; Live, Bees Exports in China

After three years of growth, overseas shipments of insects; live, beeses decreased by -17.3% to 12K units in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. As a result, the exports attained the peak of 14K units, and then reduced notably in the following year.

In value terms, insects; live, bees exports shrank to $107K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 58%. Over the period under review, the exports reached the maximum at $114K in 2021, and then fell in the following year.

Top Export Markets for Insects; Live, Bees from China in 2022:

1. Malaysia (11.8K units)

Source: IndexBox Market Intelligence Platform