China - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Olive Oil Price in China - 2023
Contents:
- Refined Olive Oil Price in China (CIF) - 2023
- Refined Olive Oil Price in China (FOB) - 2022
- Refined Olive Oil Imports in China
- Refined Olive Oil Exports in China
Refined Olive Oil Price in China (CIF) - 2023
The average refined olive oil import price stood at $5,713 per ton in September 2023, picking up by 9.6% against the previous month. Overall, import price indicated a moderate increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, refined olive oil import price increased by +9.6% against August 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 41% month-to-month. Over the period under review, average import prices reached the maximum in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($7,205 per ton), while the price for the UK ($3,500 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 Italy (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
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Refined Olive Oil Price in China (FOB) - 2022
The average refined olive oil export price stood at $9,640 per ton in 2022, with an increase of 21% against the previous year. In general, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 138%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +114.4% per year.
Refined Olive Oil Imports in China
In 2022, the amount of refined olive oil imported into China expanded rapidly to 13K tons, increasing by 6.3% compared with the previous year. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, refined olive oil imports soared to $49M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Refined Olive Oil in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 31.0 | 30.6 | 38.3 | 48.1 | 15.8% |
| Italy | 0.9 | 0.7 | 0.5 | 0.9 | 0.0% |
| Others | 0.5 | 0.8 | 0.6 | 0.4 | -7.2% |
| Total | 32.4 | 32.1 | 39.4 | 49.5 | 15.2% |
Top Suppliers of Refined Olive Oil to China in 2022:
- Spain (13.0K tons)
- Italy (0.3K tons)
Refined Olive Oil Exports in China
In 2022, overseas shipments of refined olive oil decreased by -20% to 955 kg, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 70%. As a result, the exports attained the peak of 12 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, refined olive oil exports fell to $9.2K in 2022. In general, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 188%. As a result, the exports attained the peak of $90K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Refined Olive Oil in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 8.7 | 0% |
| United States | 23.6 | N/A | N/A | N/A | 0% |
| Democratic People's Republic of Korea | 7.7 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 1.2 | 2.0 | N/A | 66.7% |
| Others | N/A | 89.0 | 7.5 | 0.5 | -92.5% |
| Total | 31.3 | 90.2 | 9.5 | 9.2 | -33.5% |
Top Export Markets for Refined Olive Oil from China in 2022:
- Chile (931.0 kg)
This report provides an in-depth analysis of the refined olive oil 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 10415310 - Refined olive oil and its fractions (excluding chemically modified)
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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This report provides an in-depth analysis of the refined olive oil market in China.
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This report provides an in-depth analysis of the virgin olive oil market in China.
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This report provides an in-depth analysis of the olive oil market in China.
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This report provides an in-depth analysis of the global refined olive oil market.
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This report provides an in-depth analysis of the global virgin olive oil market.
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This report provides an in-depth analysis of the global olive oil market.
446
This report provides an in-depth analysis of the refined olive oil market in China.
1014
This report provides an in-depth analysis of the virgin olive oil market in China.
291
This report provides an in-depth analysis of the olive oil market in China.
547
This report provides an in-depth analysis of the global refined olive oil market.
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In September 2022, the refined olive oil price amounted to $3,859 per ton (CIF, China), surging by 2.5% against the previous month.
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The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3377
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
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Global virgin olive oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
2145
In 2015, the country with the largest volume of the virgin olive oil output was Spain (X thousand tons), accounting for X% of global production.
1282
Spain continued its dominance in the global olive oil trade. In 2014, Spain exported X thousand tons of olive oil totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total oliv
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The olive oil industry, connected, as it is, to a product that has long been acknowledged to contain extraordinary health properties, has always thrived in the countries of the Mediterranean region. The Omega-X monounsaturated fatty acids and antioxida
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In September 2022, the refined olive oil price amounted to $3,859 per ton (CIF, China), surging by 2.5% against the previous month.
437
Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
