China - Vegetables (Preserved And Frozen) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Preserved and Frozen Vegetable in China - 2023
Contents:
- Price for Preserved and Frozen Vegetable in China (FOB) - 2023
- Price for Preserved and Frozen Vegetable in China (CIF) - 2023
- Exports of Preserved and Frozen Vegetable in China
- Imports of Preserved and Frozen Vegetable in China
Price for Preserved and Frozen Vegetable in China (FOB) - 2023
The average preserved and frozen vegetable export price stood at $1,869 per ton in September 2023, growing by 1.5% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 3.6% month-to-month. Over the period under review, the average export prices hit record highs at $1,902 per ton in July 2023; afterwards, it flattened through to September 2023.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Australia ($2,471 per ton), while the average price for exports to Indonesia ($1,224 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 Thailand (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Preserved and Frozen Vegetable in China (CIF) - 2023
In September 2023, the average preserved and frozen vegetable import price amounted to $1,468 per ton, with an increase of 8.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in October 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices attained the maximum in September 2023.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Turkey ($1,656 per ton) and the Netherlands ($1,521 per ton), while the price for the United States ($1,275 per ton) and France ($1,453 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Preserved and Frozen Vegetable in China
Preserved and frozen vegetable exports from China skyrocketed to 265K tons in 2022, rising by 18% compared with 2021 figures. The total export volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved and frozen vegetable exports surged to $502M in 2022. The total export value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Preserved and Frozen Vegetable in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 237 | 233 | 246 | 309 | 9.2% |
| Philippines | 0.9 | 11.1 | 22.4 | 34.1 | 235.9% |
| United States | 29.8 | 31.8 | 30.9 | 29.6 | -0.2% |
| South Korea | 19.4 | 16.9 | 19.6 | 27.8 | 12.7% |
| Thailand | 2.6 | 6.5 | 6.2 | 15.1 | 79.7% |
| Indonesia | N/A | N/A | 0.6 | 12.5 | 1983.3% |
| Malaysia | 2.1 | 1.5 | 2.8 | 5.4 | 37.0% |
| Belgium | 10.7 | 7.3 | 9.0 | 3.2 | -33.1% |
| Others | 63.8 | 68.2 | 81.1 | 64.8 | 0.5% |
| Total | 366 | 376 | 419 | 502 | 11.1% |
Top Export Markets for Preserved and Frozen Vegetable from China in 2022:
- Japan (130.0K tons)
- Philippines (31.6K tons)
- South Korea (18.1K tons)
- United States (16.9K tons)
- Thailand (13.7K tons)
- Indonesia (12.1K tons)
- Malaysia (4.6K tons)
- Belgium (2.1K tons)
Imports of Preserved and Frozen Vegetable in China
For the third consecutive year, China recorded decline in supplies from abroad of vegetables (preserved, frozen), which decreased by -48.8% to 38K tons in 2022. In general, imports faced a sharp decline. The smallest decline of -21.3% was in 2020.
In value terms, preserved and frozen vegetable imports shrank notably to $49M in 2022. Overall, imports recorded a dramatic setback. The smallest decline of -22.9% was in 2020.
| Import of Preserved and Frozen Vegetable in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 94.2 | 51.4 | 45.7 | 26.4 | -34.6% |
| Turkey | 24.2 | 19.6 | 12.5 | 8.7 | -28.9% |
| Belgium | 16.0 | 14.5 | 8.0 | 5.6 | -29.5% |
| Canada | 4.5 | 9.1 | 1.9 | 3.1 | -11.7% |
| Netherlands | 6.3 | 14.4 | 3.9 | 2.9 | -22.8% |
| Argentina | N/A | 1.9 | 12.2 | 1.6 | -8.2% |
| Germany | 5.1 | 4.1 | 0.1 | N/A | -86.0% |
| Others | 3.2 | 3.3 | 2.3 | 0.7 | -39.7% |
| Total | 154 | 118 | 86.7 | 49.0 | -31.7% |
Top Suppliers of Preserved and Frozen Vegetable to China in 2022:
- Germany (undefinedK tons)
- United States (20.4K tons)
- Turkey (6.4K tons)
- Belgium (5.0K tons)
- Netherlands (2.7K tons)
- Argentina (1.9K tons)
- Canada (1.5K tons)
This report provides an in-depth analysis of the market for preserved and frozen vegetable 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:
- FCL 475 - Vegetables, Preserved (Frozen)
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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