China - Refined Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Rapeseed Oil Price in China - 2023
Contents:
- Refined Rapeseed Oil Price in China (CIF) - 2022
- Refined Rapeseed Oil Price in China (FOB) - 2022
- Refined Rapeseed Oil Imports in China
- Refined Rapeseed Oil Exports in China
Refined Rapeseed Oil Price in China (CIF) - 2022
In 2022, the average refined rapeseed oil import price amounted to $1,065 per ton, declining by -10% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. As a result, import price reached the peak level of $1,553 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($1,515 per ton), while the price for the United Arab Emirates ($970 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.1%), while the prices for the other major suppliers experienced a decline.
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Refined Rapeseed Oil Price in China (FOB) - 2022
In 2022, the average refined rapeseed oil export price amounted to $2,506 per ton, jumping by 34% against the previous year. In general, the export price recorded a notable expansion. The growth pace was the most rapid in 2021 an increase of 54%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,952 per ton), while the average price for exports to Malaysia ($2,587 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 the United States (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Rapeseed Oil Imports in China
In 2022, purchases abroad of refined rape, colza or mustard oil decreased by -9.2% to 140K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 337%.
In value terms, refined rapeseed oil imports reduced sharply to $149M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 338%.
Import of Refined Rapeseed Oil in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.9 | 36.2 | 56.7 | 108 | 393.2% |
Australia | 1.9 | 3.1 | 11.1 | 17.1 | 108.0% |
Canada | 13.0 | 16.7 | 11.6 | 8.1 | -14.6% |
Japan | 0.4 | 0.3 | 1.0 | 8.1 | 172.6% |
Germany | 0.2 | 2.6 | 20.2 | 1.2 | 81.7% |
Belarus | N/A | 1.0 | 5.5 | 0.2 | -55.3% |
Russia | N/A | 3.1 | 10.8 | N/A | 248.4% |
Ukraine | N/A | 11.0 | N/A | N/A | 0% |
Others | 1.0 | 2.2 | 65.3 | 5.7 | 78.6% |
Total | 17.4 | 76.3 | 182 | 149 | 104.6% |
Top Suppliers of Refined Rapeseed Oil to China in 2022:
- United Arab Emirates (111.6K tons)
- Australia (11.8K tons)
- Japan (6.5K tons)
- Canada (5.4K tons)
- Germany (0.7K tons)
- Belarus (0.2K tons)
Refined Rapeseed Oil Exports in China
In 2022, shipments abroad of refined rape, colza or mustard oil was finally on the rise to reach 2.1K tons after two years of decline. Over the period under review, exports, however, recorded a dramatic downturn.
In value terms, refined rapeseed oil exports surged to $5.3M in 2022. Overall, exports, however, continue to indicate a drastic downturn.
Export of Refined Rapeseed Oil in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | N/A | N/A | N/A | 1,728 | 0% |
Japan | N/A | N/A | N/A | 159 | 0% |
United States | N/A | 43.6 | 76.2 | 104 | 54.4% |
United Arab Emirates | N/A | 10.6 | 25.3 | 66.9 | 151.2% |
Singapore | 169 | N/A | 7.0 | 57.5 | -30.2% |
Hong Kong SAR | 9,304 | N/A | N/A | N/A | 0% |
Others | 375 | 3,525 | 2,904 | 3,233 | 105.0% |
Total | 9,848 | 3,580 | 3,013 | 5,348 | -18.4% |
Top Export Markets for Refined Rapeseed Oil from China in 2022:
- Philippines (661.4 tons)
- Japan (40.2 tons)
- United States (31.1 tons)
- United Arab Emirates (23.6 tons)
- Singapore (16.6 tons)
This report provides an in-depth analysis of the refined rapeseed 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 10415600 - Refined rape, colza or mustard oil and their 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
-
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
This report provides an in-depth analysis of the refined rapeseed oil market in China.
This report provides an in-depth analysis of the rapeseed oil market in China.
This report provides an in-depth analysis of the crude rapeseed oil market in China.
This report provides an in-depth analysis of the global refined rapeseed oil market.
This report provides an in-depth analysis of the global rapeseed oil market.
This report provides an in-depth analysis of the global crude rapeseed oil market.
This report provides an in-depth analysis of the refined rapeseed oil market in China.
This report provides an in-depth analysis of the rapeseed oil market in China.
This report provides an in-depth analysis of the crude rapeseed oil market in China.
This report provides an in-depth analysis of the global refined rapeseed oil market.
In value terms, refined rapeseed oil imports surged to $1.6M in April 2023.
This article provides a comprehensive guide on how to successfully enter the Chinese market for crude rapeseed oil, including market analysis, regulatory requirements, and strategic considerations.
In Feb. 2023, the price of crude rapeseed oil (CIF, China) was $1,404 per ton, a 1.6% increase compared to the previous month.
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
In 2015, the countries with the highest levels of production were China (X thousand tons), Germany (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
In value terms, refined rapeseed oil imports surged to $1.6M in April 2023.
This article provides a comprehensive guide on how to successfully enter the Chinese market for crude rapeseed oil, including market analysis, regulatory requirements, and strategic considerations.