Report Update: May 1, 2024

China - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Baking Powder Price in China - 2023

Prepared Baking Powder Price in China (FOB) - 2022

In 2022, the average prepared baking powder export price amounted to $1,718 per ton, growing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($3,086 per ton), while the average price for exports to Myanmar ($920 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 Yemen (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Price in China (CIF) - 2022

In 2022, the average prepared baking powder import price amounted to $7,554 per ton, growing by 42% against the previous year. In general, the import price showed resilient growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($106,502 per ton), while the price for Canada ($2,522 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Baking Powder Exports in China

After three years of growth, overseas shipments of prepared baking powders decreased by -24.9% to 9K tons in 2022. Overall, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, the exports attained the peak of 12K tons, and then contracted remarkably in the following year.

In value terms, prepared baking powder exports contracted to $15M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. As a result, the exports attained the peak of $17M, and then dropped in the following year.

Export of Prepared Baking Powder in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	2,296	2,363	2,585	2,728	5.9%
Nigeria	2,615	2,289	5,242	1,511	-16.7%
South Korea	788	890	927	1,343	19.4%
Angola	1,443	576	1,149	1,277	-4.0%
Yemen	920	886	477	756	-6.3%
Cameroon	303	576	237	540	21.2%
Russia	362	490	466	483	10.1%
Mozambique	265	222	246	462	20.4%
Malaysia	258	296	358	442	19.7%
Togo	70.2	213	121	333	68.0%
Ghana	195	234	252	301	15.6%
Liberia	325	277	255	277	-5.2%
Myanmar	117	243	250	222	23.8%
Others	3,331	4,428	3,982	4,711	12.2%
Total	13,287	13,982	16,547	15,386	5.0%

Top Export Markets for Prepared Baking Powder from China in 2022:

Nigeria (1257.1 tons)
Japan (883.8 tons)
Angola (860.8 tons)
Yemen (655.4 tons)
South Korea (579.6 tons)
Russia (395.7 tons)
Malaysia (366.3 tons)
Cameroon (363.4 tons)
Mozambique (324.2 tons)
Ghana (317.9 tons)
Togo (278.8 tons)
Liberia (256.6 tons)
Myanmar (241.0 tons)

Prepared Baking Powder Imports in China

In 2022, purchases abroad of prepared baking powders decreased by -52.6% to 58 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 171% against the previous year. As a result, imports attained the peak of 246 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, prepared baking powder imports shrank notably to $442K in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Prepared Baking Powder in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	312	175	199	144	-22.7%
Turkey	101	88.0	111	83.8	-6.0%
South Korea	13.7	35.7	136	82.2	81.7%
United States	93.4	223	37.0	44.3	-22.0%
Bulgaria	N/A	13.3	21.9	41.2	76.0%
India	N/A	N/A	65.1	30.4	-53.3%
Canada	10.9	6.8	6.6	7.2	-12.9%
Malaysia	12.9	21.3	63.5	0.5	-66.2%
Russia	N/A	47.2	N/A	N/A	0%
Kazakhstan	N/A	341	N/A	N/A	0%
Kyrgyzstan	N/A	42.9	N/A	N/A	0%
Others	33.4	51.1	15.8	7.6	-38.9%
Total	577	1,045	656	442	-8.5%

Top Suppliers of Prepared Baking Powder to China in 2022:

Turkey (26.3 tons)
South Korea (9.8 tons)
India (8.4 tons)
United States (4.3 tons)
Bulgaria (4.0 tons)
Canada (2.8 tons)
Japan (1.4 tons)
Malaysia (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared baking powder 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 10891370 - Prepared baking powders

Country coverage:

China

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
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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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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