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China - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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China: Pyrethrum And Peppermint Market Overview 2021

Pyrethrum And Peppermint Market Size in China

In 2020, the Chinese pyrethrum and peppermint market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Overall, consumption continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Pyrethrum and peppermint consumption peaked at $X in 2019, and then dropped modestly in the following year.

Pyrethrum And Peppermint Production in China

In value terms, pyrethrum and peppermint production shrank modestly to $X in 2020 estimated in export prices. Overall, production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Pyrethrum and peppermint production peaked at $X in 2019, and then declined modestly in the following year.

Pyrethrum And Peppermint Exports

Exports from China

Pyrethrum and peppermint exports from China stood at X tonnes in 2020, surging by X% against 2019. Over the period under review, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, pyrethrum and peppermint exports rose remarkably to $X in 2020. Overall, exports, however, showed strong growth. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

South Korea (X tonnes), Hong Kong SAR (X tonnes) and Japan (X tonnes) were the main destinations of pyrethrum and peppermint exports from China, together accounting for X% of total exports. These countries were followed by Taiwan (Chinese), Viet Nam, Malaysia, Singapore, Germany, Thailand and the U.S., which together accounted for a further X 2007 to 2020, the biggest increases were in Viet Nam, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pyrethrum and peppermint exported from China were Japan ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total exports. These countries were followed by Taiwan (Chinese), Malaysia, Viet Nam, Singapore, the U.S., Thailand and Germany, which together accounted for a further 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

In 2020, the average pyrethrum and peppermint export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports into China

In 2020, approx. X tonnes of pyrethrum and peppermint were imported into China; growing by X% against 2019. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, pyrethrum and peppermint imports surged to $X in 2020. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

India (X tonnes), Myanmar (X tonnes) and Thailand (X tonnes) were the main suppliers of pyrethrum and peppermint imports to China, with a combined X% share of total imports. Georgia, Kazakhstan, Nigeria, Indonesia and Uzbekistan lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Nigeria (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrethrum and peppermint suppliers to China were India ($X), Myanmar ($X) and Thailand ($X), together comprising X% of total imports.

Among the main suppliers, Myanmar (+X% per year) recorded 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

The average pyrethrum and peppermint import price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. 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 2007; however, from 2008 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per tonne), while the price for Nigeria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
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The countries with the highest volumes of pyrethrum and peppermint consumption in 2020 were China (146K tonnes), the U.S. (74K tonnes) and Indonesia (73K tonnes), with a combined 33% share of global consumption. Kazakhstan, Morocco, Germany, India, Japan, Hong Kong SAR, South Korea, Egypt, Taiwan (Chinese) and France lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of pyrethrum and peppermint in the world?
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The country with the largest volume of pyrethrum and peppermint production was China (207K tonnes), comprising approx. 23% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, India (102K tonnes), twofold. Indonesia (83K tonnes) ranked third in terms of total production with a 9.4% share.
What are the leading suppliers of pyrethrum and peppermint to China?
+
In value terms, the largest pyrethrum and peppermint suppliers to China were India ($23M), Myanmar ($17M) and Thailand ($7.9M), with a combined 50% share of total imports.
What are the leading importers of pyrethrum and peppermint from China?
+
In value terms, the largest markets for pyrethrum and peppermint exported from China were Japan ($171M), Hong Kong SAR ($165M) and South Korea ($118M), together accounting for 55% of total exports. These countries were followed by Taiwan (Chinese), Malaysia, Viet Nam, Singapore, the U.S., Thailand and Germany, which together accounted for a further 35%.
What is the average export price for pyrethrum and peppermint in China?
+
In 2020, the average pyrethrum and peppermint export price amounted to $6,102 per tonne, growing by 2.2% against the previous year.
What is the average import price for pyrethrum and peppermint in China?
+
In 2020, the average pyrethrum and peppermint import price amounted to $1,284 per tonne, rising by 9.3% against the previous year.

Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint

This report provides an in-depth analysis of the pyrethrum and peppermint 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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