Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in China - 2023
Contents:
- Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in China (FOB) - 2023
- Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in China
Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in China (FOB) - 2023
In September 2023, the average export price for vegetables; celery (other than celeriac), fresh or chilleds amounted to $794 per ton, shrinking by -2.1% against the previous month. Overall, the export price recorded a slight descent. The pace of growth was the most pronounced in April 2023 when the average export price increased by 37% against the previous month. As a result, the export price reached the peak level of $1,380 per ton. From May 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($1,657 per ton), while the average price for exports to the United Arab Emirates ($597 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in China
For the fourth consecutive year, China recorded growth in overseas shipments of vegetables; celery (other than celeriac), fresh or chilleds, which increased by 2.3% to 25K tons in 2022. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 2.6%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of vegetables; celery (other than celeriac), fresh or chilleds rose remarkably to $23M in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.3 | 5.8 | 7.4 | 8.8 | 11.8% |
| Thailand | 4.1 | 4.7 | 4.1 | 4.3 | 1.6% |
| Vietnam | 2.1 | 2.2 | 3.8 | 3.4 | 17.4% |
| Hong Kong SAR | 0.7 | 1.1 | 2.1 | 2.2 | 46.5% |
| Singapore | 0.7 | 1.1 | 1.6 | 1.6 | 31.7% |
| Indonesia | 0.6 | 0.6 | 1.0 | 1.4 | 32.6% |
| Russia | 1.1 | 0.9 | 1.0 | 0.8 | -10.1% |
| Macao SAR | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 1.0 | 0.7 | 0.7 | 0.5 | -20.6% |
| Total | 16.9 | 17.5 | 21.9 | 23.2 | 11.1% |
Top Export Markets for Vegetables; Celery (Other than Celeriac), Fresh or Chilled from China in 2022:
- Malaysia (8.3K tons)
- Thailand (5.3K tons)
- Vietnam (3.7K tons)
- Hong Kong SAR (2.2K tons)
- Singapore (2.0K tons)
- Macao SAR (1.2K tons)
- Indonesia (0.9K tons)
- Russia (0.6K tons)
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