China: Lentil Market 2024

Lentil Market Size in China

In 2022, the Chinese lentil market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Lentil consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Lentil Production in China

In value terms, lentil production fell slightly to $X in 2022 estimated in export price. In general, production enjoyed modest growth. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average yield of lentils in China amounted to X tons per ha, remaining stable against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the yield increased by X% against the previous year. The lentil yield peaked in 2022 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of lentils production in China reached X ha, remaining stable against the year before. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The lentil harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Lentil Exports

Exports from China

In 2022, the amount of lentils exported from China totaled X tons, with an increase of X% against the previous year's figure. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, lentil exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons), France (X tons) and Italy (X tons) were the main destinations of lentil exports from China, together comprising X% of total exports. Hong Kong SAR, Slovenia, Spain and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Belgium ($X), France ($X) and Italy ($X) were the largest markets for lentil exported from China worldwide, with a combined X% share of total exports. Hong Kong SAR, Slovenia, Spain and the Netherlands lagged somewhat behind, together comprising a further X%.

Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average lentil export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of X%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Hong Kong SAR ($X 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 Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lentil Imports

Imports into China

Lentil imports into China skyrocketed to X tons in 2022, picking up by X% on 2021. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, lentil imports skyrocketed to $X in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Myanmar (X tons), the United States (X tons) and Turkey (X tons) were the main suppliers of lentil imports to China, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lentil suppliers to China were the United States ($X), Myanmar ($X) and Turkey ($X), with a combined X% share of total imports.

Among the main suppliers, the United States, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average lentil import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw a temperate expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform