China - Malt - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

China - Malt - Market Analysis, Forecast, Size, Trends And Insights

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Malt Price in China - 2023

Contents:

  1. Malt Price in China (FOB) - 2023
  2. Malt Price in China (CIF) - 2023
  3. Malt Exports in China
  4. Malt Imports in China

Malt Price in China (FOB) - 2023

In September 2023, the average malt export price amounted to $712 per ton, with a decrease of -3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in October 2022 when the average export price increased by 10% against the previous month. The export price peaked at $737 per ton in August 2023, and then dropped in the following month.

Average prices varied noticeably for the major external markets. In September 2023, the highest price was recorded for prices to Myanmar ($782 per ton) and Sri Lanka ($745 per ton), while the average price for exports to Cameroon ($640 per ton) and Cambodia ($647 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

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Malt Price in China (CIF) - 2023

The average malt import price stood at $963 per ton in September 2023, shrinking by -4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in January 2023 when the average import price increased by 25% month-to-month. The import price peaked at $1,070 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Germany ($1,048 per ton) and the Netherlands ($988 per ton), while the price for Belgium ($878 per ton) and the UK ($912 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Malt Exports in China

In 2022, the amount of malt exported from China was estimated at 409K tons, picking up by 14% on 2021. Overall, exports, however, continue to indicate a slight decline.

In value terms, malt exports surged to $236M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Malt in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand41.040.427.459.813.4%
MexicoN/AN/A12.339.3219.5%
Vietnam13.520.616.329.029.0%
Myanmar11.113.912.222.226.0%
Cambodia12.02.64.111.1-2.6%
Cameroon8.15.13.85.9-10.0%
Mongolia4.24.75.65.38.1%
South Korea11.31.83.75.0-23.8%
Sri Lanka1.60.74.84.844.2%
Malaysia4.03.34.84.64.8%
Philippines24.224.912.54.1-44.7%
Singapore8.414.98.13.9-22.6%
Taiwan (Chinese)15.5N/AN/AN/A0%
Others14.839.343.340.539.9%
Total17017215923611.6%

Top Export Markets for Malt from China in 2022:

  1. Thailand (109.4K tons)
  2. Mexico (72.9K tons)
  3. Vietnam (50.6K tons)
  4. Myanmar (36.2K tons)
  5. Cambodia (17.3K tons)
  6. Cameroon (10.2K tons)
  7. South Korea (9.9K tons)
  8. Mongolia (8.6K tons)
  9. Malaysia (8.5K tons)
  10. Sri Lanka (8.1K tons)
  11. Philippines (7.1K tons)
  12. Singapore (6.4K tons)

Malt Imports in China

For the fourth consecutive year, China recorded growth in overseas purchases of malt, which increased by 18% to 14K tons in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 173%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, malt imports skyrocketed to $10M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Malt in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia0.61.82.93.681.7%
United Kingdom0.20.11.52.9143.8%
Germany1.40.82.62.521.3%
Belgium0.50.20.60.66.3%
Netherlands0.10.10.40.344.2%
Others0.30.10.40.410.1%
Total3.23.28.610.247.2%

Top Suppliers of Malt to China in 2022:

  1. Australia (5.2K tons)
  2. United Kingdom (3.9K tons)
  3. Germany (3.6K tons)
  4. Belgium (0.7K tons)
  5. Netherlands (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the malt 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 11061030 - Malt, not roasted (excluding alcohol duty)
  • Prodcom 11061050 - Roasted malt (excluding alcohol duty, products which have undergone further processing, roasted malt put up as coffee substitutes)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Malt - China