China - Frozen Fruits And Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Fruits and Vegetables in China - 2023
Contents:
- Price for Frozen Fruits and Vegetables in China (FOB) - 2022
- Price for Frozen Fruits and Vegetables in China (CIF) - 2022
- Exports of Frozen Fruits and Vegetables in China
- Imports of Frozen Fruits and Vegetables in China
Price for Frozen Fruits and Vegetables in China (FOB) - 2022
In 2022, the average frozen fruits and vegetables export price amounted to $1,365 per ton, growing by 6.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 8.6% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,772 per ton), while the average price for exports to South Korea ($877 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 Australia (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Fruits and Vegetables in China (CIF) - 2022
In 2022, the average frozen fruits and vegetables import price amounted to $4,480 per ton, with an increase of 43% against the previous year. Over the period under review, the import price recorded a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($12,036 per ton), while the price for Belgium ($1,118 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Fruits and Vegetables in China
In 2022, the amount of frozen fruits and vegetables exported from China totaled 1.5M tons, growing by 6.2% on the year before. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen fruits and vegetables exports rose remarkably to $2.1B in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Frozen Fruits and Vegetables in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 757 | 745 | 799 | 919 | 6.7% |
South Korea | 279 | 271 | 304 | 338 | 6.6% |
United States | 153 | 154 | 137 | 163 | 2.1% |
Thailand | 27.9 | 29.8 | 35.4 | 49.9 | 21.4% |
Australia | 29.9 | 32.5 | 41.3 | 48.7 | 17.7% |
Philippines | 8.2 | 16.6 | 30.4 | 45.3 | 76.8% |
United Kingdom | 57.3 | 46.6 | 40.0 | 39.7 | -11.5% |
Germany | 50.4 | 39.6 | 43.6 | 39.0 | -8.2% |
Canada | 33.0 | 31.9 | 32.7 | 37.3 | 4.2% |
Taiwan (Chinese) | 29.4 | 29.8 | 34.0 | 36.8 | 7.8% |
Russia | 61.6 | 41.5 | 40.8 | 31.7 | -19.9% |
Belgium | 37.5 | 24.3 | 27.2 | 29.8 | -7.4% |
Others | 229 | 258 | 262 | 286 | 7.7% |
Total | 1,754 | 1,722 | 1,827 | 2,064 | 5.6% |
Top Export Markets for Frozen Fruits and Vegetables from China in 2022:
- Japan (518.3K tons)
- South Korea (385.9K tons)
- United States (134.4K tons)
- Philippines (41.3K tons)
- Thailand (39.1K tons)
- United Kingdom (35.9K tons)
- Australia (33.3K tons)
- Canada (30.6K tons)
- Taiwan (Chinese) (27.1K tons)
- Germany (25.0K tons)
- Russia (21.4K tons)
- Belgium (21.1K tons)
Imports of Frozen Fruits and Vegetables in China
In 2022, imports of frozen fruits and vegetables into China shrank to 240K tons, declining by -5.6% on the previous year's figure. Over the period under review, imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 254K tons, and then declined in the following year.
In value terms, frozen fruits and vegetables imports skyrocketed to $1.1B in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Frozen Fruits and Vegetables in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 170 | 205 | 335 | 654 | 56.7% |
Malaysia | 67.4 | 99.0 | 186 | 204 | 44.7% |
Egypt | 12.3 | 13.5 | 40.8 | 51.2 | 60.9% |
United States | 117 | 66.3 | 59.6 | 39.8 | -30.2% |
New Zealand | 22.2 | 21.0 | 34.1 | 29.1 | 9.4% |
Sweden | 14.5 | 13.7 | 14.2 | 27.1 | 23.2% |
Canada | 19.9 | 27.4 | 25.8 | 15.3 | -8.4% |
Chile | 22.8 | 24.4 | 20.5 | 13.1 | -16.9% |
Turkey | 24.2 | 19.6 | 12.5 | 8.7 | -28.9% |
Belgium | 16.8 | 14.8 | 8.3 | 5.6 | -30.7% |
Others | 57.1 | 79.4 | 58.8 | 27.5 | -21.6% |
Total | 544 | 584 | 796 | 1,075 | 25.5% |
Top Suppliers of Frozen Fruits and Vegetables to China in 2022:
- Thailand (98.4K tons)
- Egypt (31.2K tons)
- United States (28.0K tons)
- New Zealand (21.1K tons)
- Malaysia (16.9K tons)
- Sweden (7.1K tons)
- Turkey (6.4K tons)
- Chile (6.3K tons)
- Canada (5.6K tons)
- Belgium (5.0K tons)
This report provides an in-depth analysis of the market for frozen fruits and vegetables 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 447 - Sweet Corn, Frozen
- FCL 473 - Vegetables, Frozen
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
- 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 VOLUME AND VALUE
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
- 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
- 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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