China - Preserved Sauerkraut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPreserved Sauerkraut Price in China - 2023
Contents:
- Preserved Sauerkraut Price in China (FOB) - 2023
- Preserved Sauerkraut Price in China (CIF) - 2022
- Preserved Sauerkraut Exports in China
- Preserved Sauerkraut Imports in China
Preserved Sauerkraut Price in China (FOB) - 2023
The average preserved sauerkraut export price stood at $1,761 per ton in September 2023, falling by -6.4% against the previous month. In general, the export price saw a slight slump. The pace of growth was the most pronounced in June 2023 an increase of 4.4% month-to-month. Over the period under review, the average export prices hit record highs at $2,198 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat 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 Malaysia ($3,996 per ton), while the average price for exports to South Korea ($900 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 Malaysia (+1.4%), while the prices for the other major destinations experienced a decline.
Preserved Sauerkraut Price in China (CIF) - 2022
The average preserved sauerkraut import price stood at $2,505 per ton in 2022, declining by -8.3% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 40% against the previous year. The import price peaked at $2,732 per ton in 2021, and then contracted in the following year.
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 South Korea ($5,703 per ton), while the price for the United States ($1,322 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Exports in China
In 2022, approx. 798K tons of preserved sauerkraut were exported from China; surging by 1.6% on the previous year's figure. Overall, exports, however, saw a noticeable downturn.
In value terms, preserved sauerkraut exports rose markedly to $1.8B in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; 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 13%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Preserved Sauerkraut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 451 | 350 | 354 | 362 | -7.1% |
| Japan | 354 | 333 | 343 | 350 | -0.4% |
| United States | 118 | 154 | 146 | 188 | 16.8% |
| Vietnam | 21.8 | 37.3 | 142 | 181 | 102.5% |
| Malaysia | 47.2 | 61.9 | 130 | 124 | 38.0% |
| Germany | 59.5 | 54.6 | 53.0 | 56.4 | -1.8% |
| Spain | 52.5 | 54.8 | 65.0 | 55.3 | 1.7% |
| Netherlands | 26.4 | 25.3 | 32.6 | 42.0 | 16.7% |
| Philippines | 7.9 | 8.9 | 16.4 | 34.0 | 62.7% |
| Yemen | 21.2 | 16.8 | 6.0 | 3.4 | -45.7% |
| Others | 472 | 402 | 410 | 435 | -2.7% |
| Total | 1,632 | 1,500 | 1,698 | 1,830 | 3.9% |
Top Export Markets for Preserved Sauerkraut from China in 2022:
- South Korea (360.1K tons)
- Japan (143.2K tons)
- United States (65.4K tons)
- Malaysia (25.9K tons)
- Germany (17.6K tons)
- Vietnam (17.3K tons)
- Spain (15.2K tons)
- Netherlands (13.0K tons)
- Philippines (11.6K tons)
- Yemen (5.1K tons)
Preserved Sauerkraut Imports in China
In 2022, after two years of decline, there was significant growth in overseas purchases of preserved sauerkraut, when their volume increased by 12% to 2.4K tons. In general, imports, however, saw a perceptible slump.
In value terms, preserved sauerkraut imports stood at $6M in 2022. Over the period under review, imports, however, recorded a mild reduction.
| Import of Preserved Sauerkraut in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 478 | 410 | 352 | 741 | 15.7% |
| Mexico | 15.2 | 14.9 | 31.6 | 730 | 263.5% |
| Italy | 514 | 604 | 688 | 640 | 7.6% |
| Thailand | 571 | 925 | 624 | 558 | -0.8% |
| South Korea | 465 | 371 | 335 | 502 | 2.6% |
| Vietnam | 1,882 | 1,196 | 542 | 451 | -37.9% |
| Spain | 250 | 208 | 152 | 308 | 7.2% |
| United States | 99.5 | 138 | 332 | 259 | 37.6% |
| Taiwan (Chinese) | 939 | N/A | N/A | N/A | 0% |
| Others | 1,046 | 2,431 | 2,783 | 1,834 | 20.6% |
| Total | 6,259 | 6,298 | 5,839 | 6,022 | -1.3% |
Top Suppliers of Preserved Sauerkraut to China in 2022:
- Germany (545.8 tons)
- Mexico (418.7 tons)
- Italy (343.7 tons)
- United States (196.1 tons)
- Thailand (175.7 tons)
- Vietnam (139.3 tons)
- Spain (90.2 tons)
- South Korea (88.0 tons)
This report provides an in-depth analysis of the preserved sauerkraut 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 10391750 - Preserved sauerkraut (excluding prepared vegetable dishes and sauerkraut dried, frozen or preserved by vinegar or acetic acid)
- PRODCOM 10391750 -
- PRODCOM 10391760 -
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
- 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
393
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