China - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Peas Price in China - 2023
Contents:
- Preserved Peas Price in China (FOB) - 2023
- Preserved Peas Price in China (CIF) - 2023
- Preserved Peas Exports in China
- Preserved Peas Imports in China
Preserved Peas Price in China (FOB) - 2023
The average preserved peas export price stood at $1,536 per ton in September 2023, reducing by -6.5% against the previous month. In general, export price indicated a perceptible expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, preserved peas export price increased by +76.7% against April 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 44% m-o-m. As a result, the export price attained the peak level of $1,783 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
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 ($3,205 per ton), while the average price for exports to Iraq ($477 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 Colombia (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Peas Price in China (CIF) - 2023
In September 2023, the average preserved peas import price amounted to $4,137 per ton, which is down by -16.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 55% month-to-month. Over the period under review, average import prices hit record highs at $5,815 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($6,976 per ton), while the price for the Philippines ($1,755 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 Thailand (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Peas Exports in China
Preserved peas exports from China expanded rapidly to 19K tons in 2022, surging by 9.1% compared with the year before. Overall, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. As a result, the exports reached the peak of 38K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, preserved peas exports rose markedly to $18M in 2022. Over the period under review, exports continue to indicate a strong increase. The growth pace was the most rapid in 2020 with an increase of 137%. As a result, the exports attained the peak of $35M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Preserved Peas in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.6 | 8.2 | 3.1 | 3.9 | 86.6% |
| Philippines | 0.9 | 0.8 | 1.6 | 2.0 | 30.5% |
| Nigeria | 0.4 | 0.6 | 1.2 | 1.6 | 58.7% |
| Chile | 0.4 | 2.0 | 0.6 | 1.4 | 51.8% |
| Yemen | 2.8 | 3.5 | 1.3 | 1.3 | -22.6% |
| Russia | 2.0 | 8.2 | 2.2 | 0.7 | -29.5% |
| Kazakhstan | 0.7 | 1.0 | 0.1 | 0.6 | -5.0% |
| Turkmenistan | 0.4 | 0.1 | N/A | 0.6 | 14.5% |
| Indonesia | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Colombia | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Iraq | 0.8 | 0.7 | 0.2 | 0.2 | -37.0% |
| Uzbekistan | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Somalia | 1.0 | 0.8 | 0.6 | 0.2 | -41.5% |
| Others | 4.3 | 8.7 | 4.8 | 4.6 | 2.3% |
| Total | 14.8 | 35.2 | 16.3 | 18.2 | 7.1% |
Top Export Markets for Preserved Peas from China in 2022:
- United States (4.6K tons)
- Philippines (2.1K tons)
- Nigeria (2.0K tons)
- Yemen (2.0K tons)
- Chile (1.2K tons)
- Indonesia (0.7K tons)
- Iraq (0.5K tons)
- Colombia (0.5K tons)
- Turkmenistan (0.5K tons)
- Uzbekistan (0.4K tons)
- Kazakhstan (0.4K tons)
- Russia (0.4K tons)
- Somalia (0.3K tons)
Preserved Peas Imports in China
In 2022, the amount of preserved peas imported into China contracted rapidly to 287 tons, with a decrease of -30% against the year before. Over the period under review, imports faced a significant decrease. The smallest decline of -26% was in 2021.
In value terms, preserved peas imports reduced sharply to $1.1M in 2022. In general, imports saw a sharp setback. The smallest decline of -20.5% was in 2021.
| Import of Preserved Peas in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,005 | 1,163 | 995 | 738 | -9.8% |
| Russia | N/A | N/A | 2.0 | 70.6 | 3430.0% |
| Philippines | 737 | 372 | 339 | 24.6 | -67.8% |
| France | 14.1 | 3.3 | N/A | 18.6 | 9.7% |
| Myanmar | N/A | N/A | N/A | 3.6 | 0% |
| United Kingdom | N/A | 71.4 | N/A | N/A | 0% |
| Taiwan (Chinese) | 415 | N/A | N/A | N/A | 0% |
| Canada | 156 | 7.1 | N/A | N/A | -95.4% |
| Others | 168 | 314 | 198 | 217 | 8.9% |
| Total | 2,495 | 1,931 | 1,534 | 1,072 | -24.5% |
Top Suppliers of Preserved Peas to China in 2022:
- Thailand (168.6 tons)
- Russia (46.1 tons)
- Philippines (14.2 tons)
- France (10.3 tons)
- Myanmar (4.8 tons)
This report provides an in-depth analysis of the preserved peas 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 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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
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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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