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China - Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotato Price in China - 2023
Contents:
- Potato Price in China (FOB) - 2023
- Potato Price in China (CIF) - 2022
- Potato Exports in China
- Potato Imports in China
Potato Price in China (FOB) - 2023
In June 2023, the average potato export price amounted to $653 per ton, declining by -4.8% against the previous month. Over the last nine months, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in February 2023 an increase of 28% m-o-m. As a result, the export price attained the peak level of $742 per ton. From March 2023 to June 2023, the the average 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 Vietnam ($1,037 per ton), while the average price for exports to Sri Lanka ($285 per ton) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Price in China (CIF) - 2022
The average potato import price stood at $880 per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate pronounced growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 68%. Over the period under review, average import prices attained the maximum at $1,349 per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +33.9% per year.
Potato Exports in China
In 2022, overseas shipments of potatoes increased by 16% to 452K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable setback.
In value terms, potato exports surged to $249M in 2022. In general, exports, however, recorded a abrupt shrinkage.
Export of Potato in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 106 | 120 | 130 | 119 | 3.9% |
Malaysia | 33.6 | 36.0 | 33.7 | 40.4 | 6.3% |
Thailand | 9.8 | 6.9 | 11.3 | 21.9 | 30.7% |
Myanmar | 0.2 | N/A | 1.1 | 20.8 | 370.3% |
Hong Kong SAR | 216 | 107 | 22.6 | 19.8 | -54.9% |
Russia | 16.5 | 0.6 | 0.1 | 12.0 | -10.1% |
Singapore | 5.9 | 7.8 | 7.4 | 8.5 | 12.9% |
Sri Lanka | 4.4 | 6.5 | 2.4 | 1.6 | -28.6% |
Others | 5.6 | 5.2 | 4.0 | 4.3 | -8.4% |
Total | 398 | 290 | 212 | 249 | -14.5% |
Top Export Markets for Potato from China in 2022:
- Vietnam (134.5K tons)
- Malaysia (118.1K tons)
- Myanmar (81.9K tons)
- Thailand (52.7K tons)
- Singapore (21.5K tons)
- Russia (14.0K tons)
- Hong Kong SAR (11.7K tons)
- Sri Lanka (4.9K tons)
Potato Imports in China
In 2021, imports of potatoes into China amounted to 75 kg, therefore, remained relatively stable against the previous year. In general, imports saw a significant decrease. The smallest decline of 99.9% was in 2020.
In value terms, potato imports amounted to $66 in 2021. Over the period under review, imports continue to indicate a precipitous slump. The smallest decline of 99.9% was in 2020.
Import of Potato in China (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Vietnam | N/A | N/A | 66.0 | 0% | |
Oman | 48.0 | N/A | N/A | 0% | |
Myanmar | 1,235 | N/A | N/A | 0% | |
Netherlands | 112 | N/A | N/A | 0% | |
Others | 44.0 | N/A | N/A | 0% | |
Total | 1,439 | N/A | 66.0 | -78.6% |
Top Suppliers of Potato to China in 2022:
- Vietnam (75.0 kg)
This report provides an in-depth analysis of the potato 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:
- FCL 116 - Potatoes
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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