China - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

China - Vinegar - Market Analysis, Forecast, Size, Trends And Insights

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Vinegar Price in China - 2023

Contents:

  1. Vinegar Price in China (FOB) - 2023
  2. Vinegar Price in China (CIF) - 2023
  3. Vinegar Exports in China
  4. Vinegar Imports in China

Vinegar Price in China (FOB) - 2023

The average vinegar export price stood at $1,113 per ton in June 2023, shrinking by -4.9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 4.7% against the previous month. The export price peaked at $1,262 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Australia ($1,672 per ton), while the average price for exports to the Philippines ($805 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

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Vinegar Price in China (CIF) - 2023

The average vinegar import price stood at $1,578 per ton in June 2023, with an increase of 16% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 60% m-o-m. As a result, import price reached the peak level of $3,016 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($4,082 per ton), while the price for Malaysia ($491 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Vinegar Exports in China

After three years of growth, overseas shipments of vinegar decreased by -1.5% to 21K tons in 2022. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, the exports attained the peak of 21K tons, and then dropped slightly in the following year.

In value terms, vinegar exports fell to $25M in 2022. The total export value increased at an average annual rate of +7.2% 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 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $25M, and then fell modestly in the following year.

Export of Vinegar in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR4.65.15.74.70.7%
United States1.92.72.73.117.7%
Australia1.61.91.82.07.7%
Netherlands1.31.61.91.79.4%
Malaysia1.31.21.21.42.5%
Singapore1.51.41.61.3-4.7%
Japan1.11.01.11.10.0%
Canada0.81.21.11.07.7%
South Korea0.60.50.60.810.1%
France0.60.60.70.75.3%
Russia0.60.40.70.75.3%
Macao SAR0.60.71.00.60.0%
Germany0.40.50.80.57.7%
Others3.02.94.34.817.0%
Total19.921.925.324.57.2%

Top Export Markets for Vinegar from China in 2022:

  1. Hong Kong SAR (4.3K tons)
  2. United States (2.5K tons)
  3. Australia (1.4K tons)
  4. Netherlands (1.3K tons)
  5. Singapore (1.2K tons)
  6. Malaysia (1.1K tons)
  7. Japan (0.9K tons)
  8. Canada (0.8K tons)
  9. France (0.6K tons)
  10. South Korea (0.6K tons)
  11. Macao SAR (0.6K tons)
  12. Germany (0.5K tons)
  13. Russia (0.5K tons)

Vinegar Imports in China

In 2022, the amount of vinegar imported into China fell to 7.2K tons, which is down by -10% on 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of 8K tons, and then contracted in the following year.

In value terms, vinegar imports dropped significantly to $12M in 2022. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 100% against the previous year. As a result, imports reached the peak of $14M, and then shrank remarkably in the following year.

Import of Vinegar in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.01.46.64.463.9%
Italy1.71.72.62.17.3%
Japan2.51.42.31.8-10.4%
South Korea1.11.01.10.8-10.1%
Malaysia0.30.40.40.732.6%
Spain0.10.10.10.791.3%
Germany0.70.70.40.5-10.6%
Taiwan (Chinese)0.40.20.30.2-20.6%
Others0.50.40.40.4-7.2%
Total8.47.114.211.611.4%

Top Suppliers of Vinegar to China in 2022:

  1. Japan (1919.4 tons)
  2. Malaysia (1425.9 tons)
  3. South Korea (1042.1 tons)
  4. United States (1025.5 tons)
  5. Italy (851.1 tons)
  6. Spain (417.5 tons)
  7. Germany (274.8 tons)
  8. Taiwan (Chinese) (86.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vinegar 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 10841130 - Vinegar and substitutes for vinegar made from wine
  • Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
China's Vinegar Exports Drop to $2.2M in June 2023
Oct 24, 2023
Eye 171

The most notable growth rate occurred in March 2023, with a month-to-month increase of 73% in vinegar exports. The value of vinegar exports decreased to $2.2M in June 2023.

Vinegar's Most Lucrative Import Markets Worldwide
Sep 18, 2023
Eye 247

Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.

Which Country Imports the Most Vinegar in the World?
May 28, 2018
Eye 3801

In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...

Which Country Exports the Most Vinegar in the World?
May 28, 2018
Eye 1151

In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...

China's Vinegar Exports Drop to $2.2M in June 2023
Oct 24, 2023
Eye 171

The most notable growth rate occurred in March 2023, with a month-to-month increase of 73% in vinegar exports. The value of vinegar exports decreased to $2.2M in June 2023.

Vinegar's Most Lucrative Import Markets Worldwide
Sep 18, 2023
Eye 247

Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.

Which Country Imports the Most Vinegar in the World?
May 28, 2018
Eye 3801

In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...

Which Country Exports the Most Vinegar in the World?
May 28, 2018
Eye 1151

In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...

Free Data: Vinegar - China