China - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Oil Crops Price in China - 2023

Contents:

  1. Oil Crops Price in China (CIF) - 2022
  2. Oil Crops Price in China (FOB) - 2022
  3. Oil Crops Imports in China
  4. Oil Crops Exports in China

Oil Crops Price in China (CIF) - 2022

The average oil crops import price stood at $670 per ton in 2022, jumping by 20% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oil crops import price increased by +66.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($765 per ton), while the price for Bulgaria ($17 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Oil Crops Price in China (FOB) - 2022

In 2022, the average oil crops export price amounted to $1,655 per ton, increasing by 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2013 an increase of 19% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($2,717 per ton), while the average price for exports to Russia ($1,324 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 Taiwan (Chinese) (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports in China

In 2022, supplies from abroad of oil crops (primary) decreased by -5.1% to 98M tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of 107M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, oil crops imports expanded remarkably to $65.8B in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Oil Crops in China (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil23.024.933.137.317.5%
United States6.710.817.119.242.0%
Argentina3.62.92.12.4-12.6%
Canada2.21.21.92.0-3.1%
Uruguay0.80.70.51.317.6%
BulgariaN/AN/AN/AN/A0%
Others2.12.42.93.619.7%
Total38.443.057.665.819.7%

Top Suppliers of Oil Crops to China in 2022:

  1. Brazil (54.4M tons)
  2. United States (29.6M tons)
  3. Argentina (3.6M tons)
  4. Canada (2.6M tons)
  5. Uruguay (1.8M tons)
  6. Bulgaria (1.8M tons)

Oil Crops Exports in China

In 2022, after two years of decline, there was significant growth in overseas shipments of oil crops (primary), when their volume increased by 9.9% to 679K tons. Over the period under review, exports, however, recorded a noticeable contraction.

In value terms, oil crops exports soared to $1.1B in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oil Crops in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1651591752098.2%
Vietnam96.559.252.693.5-1.0%
Iran57.836.141.883.313.0%
Iraq51.577.574.381.816.7%
United Arab Emirates44.421.330.873.118.1%
Spain41.866.782.370.218.9%
Russia5.213.225.766.0133.3%
Egypt10710778.442.2-26.7%
Japan27.424.330.336.510.0%
Taiwan (Chinese)37.234.137.234.7-2.3%
Turkey15113895.433.7-39.3%
Uzbekistan6.823.422.733.269.6%
Thailand21.124.225.725.86.9%
Others2162141822413.7%
Total1,0289989541,1243.0%

Top Export Markets for Oil Crops from China in 2022:

  1. South Korea (123.3K tons)
  2. Iran (60.7K tons)
  3. Iraq (54.2K tons)
  4. United Arab Emirates (52.7K tons)
  5. Russia (49.9K tons)
  6. Vietnam (44.9K tons)
  7. Spain (37.3K tons)
  8. Japan (25.9K tons)
  9. Egypt (24.5K tons)
  10. Turkey (24.0K tons)
  11. Uzbekistan (22.0K tons)
  12. Thailand (15.7K tons)
  13. Taiwan (Chinese) (12.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oil crops 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 249 - Coconuts
  • FCL 236 - Soybeans
  • FCL 242 - Groundnuts, in shell
  • FCL 333 - Linseed
  • FCL 270 - Rapeseed or colza seed
  • FCL 267 - Sunflower seed
  • FCL 289 - Sesame seed
  • FCL 292 - Mustard seed
  • FCL 296 - Poppy seed
  • FCL 265 - Castor Beans
  • FCL 336 - Hempseed
  • FCL 277 - Jojoba Seeds
  • FCL 310 - Kapok fruit
  • FCL 263 - Karite Nuts (Sheanuts)
  • FCL 299 - Melonseed
  • FCL 254 - [Oil palm fruit]
  • FCL 339 - Oilseeds nes
  • FCL 280 - Safflower seed
  • FCL 305 - Tallowtree Seeds
  • FCL 275 - Tung Nuts
  • FCL 311 - Kapokseed in shell
  • FCL 312 - Kapokseed, shelled
  • FCL 329 - Cottonseed

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
China - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 622

This report provides an in-depth analysis of the oil crops market in China.

China - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 1198

This report provides an in-depth analysis of the brazil nut market in China.

China - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 2828

This report provides an in-depth analysis of the cashew nut market in China.

China - Coconut - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 1646

This report provides an in-depth analysis of the coconut market in China.

World - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 1461

This report provides an in-depth analysis of the global oil crops market.

World - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 5472

This report provides an in-depth analysis of the global brazil nut market.

World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 29324

This report provides an in-depth analysis of the global cashew nut market.

World - Coconut - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 6701

This report provides an in-depth analysis of the global coconut market.

China - Oil Crops - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 622

This report provides an in-depth analysis of the oil crops market in China.

China - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 1198

This report provides an in-depth analysis of the brazil nut market in China.

China's June 2023 Import of Brazil Nuts Surges to $526K, Setting An All-Time High
Aug 9, 2023
Eye 423

Imports of Brazil Nut reached a staggering value of $526K in June 2023.

Coconut Price in China Contracts for Three Consecutive Months to $517 per Ton
Dec 2, 2022
Eye 701

In September 2022, the coconut price amounted to $517 per ton (CIF, China), reducing by -4.2% against the previous month.

World's Top Import Markets for Oil Crops
Dec 27, 2023
Eye 211

Discover the world's largest import markets for oil crops. Find out the import values, key statistics, and trends in countries like China, Germany, Turkey, and more.

Global Oil Crops Market 2020 - Key Insights
Feb 21, 2020
Eye 1159

The global oil crops market revenue amounted to $394.4B in 2018, picking up by 7.6% against the previous year. This...

Which Country Eats the Most Brazil Nuts in the World?
Feb 9, 2018
Eye 1849

Global brazil nut consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.

Which Country Produces the Most Brazil Nuts in the World?
Oct 16, 2017
Eye 9767

In 2015, the countries with the highest levels of production in 2015 were Bolivia (X thousand tons), Brazil (X thousand tons), Côte D'Ivoire (X thousand tons), together accounting for X% of total output.

Brazil Nut Market - Globalization on the Brazil Nut Market
Jul 21, 2016
Eye 8015

Modern processes of globalization and improvement of production and logistics processes stimulate the development of exotic product markets. For example, if earlier Brazil nuts were strictly a local commodity, now they are

Bolivia Seen Decent Growth in Brazil Nut Exports in 2014
Aug 24, 2015
Eye 1559

Bolivia dominates in the global Brazil nut trade. In 2014, Bolivia exported X thousand tons of Brazil nuts totaling X million USD, a robust X% over the previous year. Its primary trading partner was the United Kingdom, where it supplied X% of it

Featuring the Strong Processing Industry, Vietnam and India Dominate Global Raw Cashew Nut Market
Sep 16, 2020
Eye 1490

The global cashew nut market expanded significantly to $14.9B in 2019, growing by 5.6% against the previous year....

Which Country Eats the Most Cashew Nuts in the World?
Feb 9, 2018
Eye 6231

Global cashew nut consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.

Free Data: Oil Crops - China