China - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Mustard Price in China - 2023
Contents:
- Prepared Mustard Price in China (CIF) - 2023
- Prepared Mustard Price in China (FOB) - 2023
- Prepared Mustard Imports in China
- Prepared Mustard Exports in China
Prepared Mustard Price in China (CIF) - 2023
The average prepared mustard import price stood at $3,271 per ton in September 2023, surging by 18% against the previous month. Over the period under review, import price indicated a remarkable increase from September 2022 to September 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, prepared mustard import price increased by +18.4% against August 2023 indices. The growth pace was the most rapid in January 2023 an increase of 33% month-to-month. The import price peaked at $3,315 per ton in May 2023; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Canada ($4,202 per ton), while the price for Sweden ($2,466 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Mustard Price in China (FOB) - 2023
In September 2023, the average prepared mustard export price amounted to $4,143 per ton, rising by 11% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 39% month-to-month. The export price peaked at $5,022 per ton in March 2023; however, from April 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the United States ($55,804 per ton), while the average price for exports to Vietnam ($2,893 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Mustard Imports in China
Prepared mustard imports into China expanded remarkably to 2.8K tons in 2022, surging by 13% against the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% 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 +53.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, prepared mustard imports reached $5.9M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +47.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Prepared Mustard in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,908 | 1,628 | 2,053 | 2,842 | 14.2% |
| Thailand | 442 | 475 | 667 | 817 | 22.7% |
| France | 781 | 599 | 930 | 594 | -8.7% |
| Germany | 263 | 228 | 305 | 573 | 29.6% |
| Canada | 294 | 307 | 596 | 528 | 21.6% |
| Sweden | 246 | 222 | 145 | 37.4 | -46.6% |
| Others | 421 | 540 | 890 | 494 | 5.5% |
| Total | 4,356 | 4,000 | 5,586 | 5,885 | 10.5% |
Top Suppliers of Prepared Mustard to China in 2022:
- United States (1676.9 tons)
- Thailand (363.0 tons)
- Germany (277.1 tons)
- France (252.7 tons)
- Canada (106.4 tons)
- Sweden (29.8 tons)
Prepared Mustard Exports in China
For the third year in a row, China recorded decline in shipments abroad of prepared mustard, which decreased by -14.8% to 919 tons in 2022. Over the period under review, exports continue to indicate a deep slump. The smallest decline of -11.9% was in 2020.
In value terms, prepared mustard exports declined to $3.8M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 46%. As a result, the exports reached the peak of $4.3M, and then shrank in the following year.
| Export of Prepared Mustard in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 509 | 291 | 785 | 878 | 19.9% |
| Japan | 281 | 419 | 438 | 545 | 24.7% |
| South Korea | 61.6 | 99.4 | 76.8 | 328 | 74.6% |
| Vietnam | 68.5 | 179 | 96.7 | 143 | 27.8% |
| Germany | 200 | 219 | 251 | 139 | -11.4% |
| Russia | 105 | 42.5 | 50.5 | 104 | -0.3% |
| Malaysia | 14.7 | N/A | 212 | 83.5 | 78.4% |
| Canada | 41.4 | 7.9 | 34.3 | 68.1 | 18.0% |
| Poland | 442 | 219 | 649 | 66.8 | -46.7% |
| Ukraine | 56.5 | 73.2 | 139 | 35.4 | -14.4% |
| Brazil | 71.8 | 112 | 109 | 24.9 | -29.7% |
| Hong Kong SAR | 515 | N/A | N/A | N/A | 0% |
| Slovenia | 221 | 293 | N/A | N/A | 32.6% |
| Others | 605 | 1,002 | 1,480 | 1,360 | 31.0% |
| Total | 3,193 | 2,957 | 4,321 | 3,777 | 5.8% |
Top Export Markets for Prepared Mustard from China in 2022:
- United States (169.1 tons)
- Japan (135.6 tons)
- South Korea (91.8 tons)
- Germany (51.9 tons)
- Russia (38.3 tons)
- Vietnam (22.6 tons)
- Malaysia (15.7 tons)
- Ukraine (13.9 tons)
- Canada (10.1 tons)
- Poland (8.9 tons)
- Brazil (8.7 tons)
This report provides an in-depth analysis of the prepared mustard 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 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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