China: Blueberry And Cranberry Market 2022

Blueberry And Cranberry Market Size in China

In 2021, after nine years of growth, there was decline in the Chinese blueberry and cranberry market, when its value decreased by -X% to $X. Over the period under review, consumption, however, saw a significant expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank slightly in the following year.

Blueberry And Cranberry Exports

Exports from China

For the third consecutive year, China recorded growth in overseas shipments of blueberries and cranberries, which increased by X% to X tonnes in 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, blueberry and cranberry exports skyrocketed to $X in 2021. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2019 when exports increased by X% y-o-y. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tonnes), Hong Kong SAR (X tonnes) and Macao SAR (X tonnes) were the main destinations of blueberry and cranberry exports from China, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blueberry and cranberry exported from China were the United States ($X), Hong Kong SAR ($X) and Indonesia ($X), together accounting for X% of total exports.

Hong Kong SAR, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average blueberry and cranberry export price stood at $X per tonne in 2021, increasing by X% against the previous year. In general, the export price, however, recorded a abrupt descent. The export price peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Indonesia ($X per tonne), while the average price for exports to Yemen ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Blueberry And Cranberry Imports

Imports into China

In 2021, the amount of blueberries and cranberries imported into China dropped to X tonnes, reducing by -X% on 2020 figures. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at X tonnes in 2020, and then declined in the following year.

In value terms, blueberry and cranberry imports declined modestly to $X in 2021. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2020, and then contracted slightly in the following year.

Imports by Country

Hong Kong SAR (X tonnes), Peru (X tonnes) and Chile (X tonnes) were the main suppliers of blueberry and cranberry imports to China, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Hong Kong SAR (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blueberry and cranberry suppliers to China were Peru ($X), Hong Kong SAR ($X) and Chile ($X), with a combined X% share of total imports.

Among the main suppliers, Hong Kong SAR, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average blueberry and cranberry import price stood at $X per tonne in 2021, rising by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Peru ($X per tonne), while the price for Democratic People's Republic of Korea ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform