Price for Homogenised Composite Food Preparations in China - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in China (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in China (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in China
4. Exports of Homogenised Composite Food Preparations in China

Price for Homogenised Composite Food Preparations in China (CIF) - 2023

In April 2023, the average homogenised composite food preparations import price amounted to $7,500 per ton, increasing by 10% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 34% against the previous month. Over the period under review, average import prices attained the peak figure at $8,379 per ton in May 2022; however, from June 2022 to April 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($10.9 per kg), while the price for Spain ($5,493 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Austria (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in China (FOB) - 2022

The average homogenised composite food preparations export price stood at $28,613 per ton in 2022, increasing by 15% against the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 154%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($260,264 per ton), while the average price for exports to Malaysia ($2,564 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 Romania (+86.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Composite Food Preparations in China

In 2022, supplies from abroad of homogenised composite food preparationses decreased by -36% to 740 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 34%. Over the period under review, imports hit record highs at 1.2K tons in 2021, and then shrank markedly in the following year.

In value terms, homogenised composite food preparations imports dropped remarkably to $5M in 2022. Over the period under review, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Homogenised Composite Food Preparations to China in 2022:

1. Spain (317.5 tons)
2. France (233.3 tons)
3. Austria (94.7 tons)
4. New Zealand (63.4 tons)
5. United States (3.6 tons)
6. Italy (0.6 tons)

Exports of Homogenised Composite Food Preparations in China

In 2022, overseas shipments of homogenised composite food preparationses decreased by -14.6% to 41 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 44%. As a result, the exports attained the peak of 169 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, homogenised composite food preparations exports contracted slightly to $1.2M in 2022. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 53%. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Homogenised Composite Food Preparations from China in 2022:

1. Romania (undefined tons)
2. Malaysia (33.2 tons)
3. United States (1.2 tons)