China - Potato Chips - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Potato Chips - Market Analysis, Forecast, Size, Trends And Insights

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Potato Chips Price in China - 2023

Contents:

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

Potato Chips Price in China (CIF) - 2023

The average potato chips import price stood at $8,958 per ton in June 2023, waning by -6.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 16% month-to-month. As a result, import price reached the peak level of $10,343 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($9,494 per ton), while the price for Russia ($4,073 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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Potato Chips Price in China (FOB) - 2023

The average potato chips export price stood at $3,385 per ton in June 2023, waning by -19.5% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 20% month-to-month. Over the period under review, the average export prices reached the maximum at $4,208 per ton in May 2023, and then dropped dramatically in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($5,263 per ton), while the average price for exports to Panama ($755 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Chips Imports in China

For the fourth year in a row, China recorded growth in purchases abroad of potato chips, which increased by 23% to 2.5K tons in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, potato chips imports skyrocketed to $21M in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Potato Chips in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4219144,3645,304132.7%
United States1,3101,9122,9034,95355.8%
Russia46.27.4575833162.2%
Indonesia85.765.2439792109.9%
United Kingdom7507417257911.8%
Malaysia1,530477649466-32.7%
Germany3483573394347.6%
Thailand24734946443320.6%
Australia1319961831463.7%
Italy147401279100-12.1%
Hong Kong SAR1,770N/AN/AN/A0%
Denmark43798.2165N/A-38.6%
Taiwan (Chinese)1,105N/AN/AN/A0%
Others4746,2807,0056,840143.5%
Total8,80012,59818,09121,09433.8%

Top Suppliers of Potato Chips to China in 2022:

  1. United States (662.2 tons)
  2. South Korea (576.7 tons)
  3. Russia (190.0 tons)
  4. Indonesia (124.9 tons)
  5. United Kingdom (110.9 tons)
  6. Germany (91.8 tons)
  7. Malaysia (53.1 tons)
  8. Thailand (41.4 tons)
  9. Italy (14.3 tons)
  10. Australia (10.5 tons)

Potato Chips Exports in China

In 2022, the amount of potato chips exported from China soared to 9.7K tons, with an increase of 61% against the previous year's figure. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, potato chips exports skyrocketed to $31M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Potato Chips in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan9.28.19.912.611.1%
PhilippinesN/AN/AN/A4.70%
Singapore0.30.50.93.1117.8%
Malaysia0.30.30.42.191.3%
United States1.73.21.51.6-2.0%
Australia0.41.81.01.035.7%
Others2.33.12.96.239.2%
Total14.317.016.831.229.7%

Top Export Markets for Potato Chips from China in 2022:

  1. Japan (5.2K tons)
  2. United States (1.3K tons)
  3. Philippines (1.0K tons)
  4. Singapore (0.6K tons)
  5. Malaysia (0.4K tons)
  6. Australia (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potato chips 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 10311430 - Potatoes prepared or preserved in the form of flour, meal or flakes (excluding frozen, crisps, by vinegar or acetic acid)
  • Prodcom 10311460 - Potatoes prepared or preserved, including crisps (excluding frozen, dried, by vinegar or acetic acid, in the form of flour, m eal or flakes)

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: Potato Chips - China