China - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

China: Nuts Market Overview 2020

Nuts Market Size in China

The revenue of the nuts market in China amounted to $X in 2018, rising by X% against the previous year. Over the period under review, nuts consumption continues to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Nuts consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Nuts Production in China

In value terms, nuts production amounted to $X in 2018 estimated in export prices. Over the period under review, nuts production continues to indicate prominent growth. The growth pace was the most rapid in 2009 when production volume increased by X% year-to-year. Over the period under review, nuts production reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Nuts Exports

Exports from China

In 2018, the exports of nuts (prepared or preserved) from China stood at X tonnes, surging by X% against the previous year. Overall, the total exports indicated a significant expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, nuts exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, nuts exports amounted to $X in 2018. Overall, the total exports indicated a perceptible increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, nuts exports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2009 when exports increased by X% against the previous year. Over the period under review, nuts exports reached their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

Japan (X tonnes), Indonesia (X tonnes) and South Korea (X tonnes) were the main destinations of nuts exports from China, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Indonesia, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for nuts exports from China, comprising X% of total nuts exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average nuts export price stood at $X per tonne in 2018, approximately equating the previous year. In general, the nuts export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for nuts (prepared or preserved) reached their maximum at $X per tonne in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into China

In 2018, the imports of nuts (prepared or preserved) into China stood at X tonnes, remaining stable against the previous year. Overall, nuts imports, however, continue to indicate an extraordinary increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, nuts imports amounted to $X in 2018. Overall, nuts imports, however, continue to indicate skyrocketing growth. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

Singapore (X tonnes), Turkey (X tonnes) and Viet Nam (X tonnes) were the main suppliers of nuts imports to China, together comprising X% of total imports. These countries were followed by China, Hong Kong SAR, the U.S., Pakistan and Tanzania, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest nuts suppliers to China were Turkey ($X), Viet Nam ($X) and China, Hong Kong SAR ($X), with a combined X% share of total imports.

Among the main suppliers, China, Hong Kong SAR (+X% per year) experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nuts import price stood at $X per tonne in 2018, growing by X% against the previous year. Over the period under review, the import price indicated a slight expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, nuts import price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. Over the period under review, the average import prices for nuts (prepared or preserved) attained their maximum at $X per tonne in 2016; however, from 2017 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per tonne), while the price for Tanzania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Tanzania, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform