Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in China - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in China (FOB) - 2023
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in China
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in China (FOB) - 2023
The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $555 per ton in December 2023, declining by -7.3% against the previous month. Overall, the export price saw a mild contraction. The pace of growth was the most pronounced in February 2023 when the average export price increased by 28% m-o-m. As a result, the export price attained the peak level of $744 per ton. From March 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Hong Kong SAR ($1,497 per ton), while the average price for exports to Myanmar ($264 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in China
After two years of decline, shipments abroad of vegetables; potatoes (other than seed), fresh or chilleds increased by 16% to 452K tons in 2022. Over the period under review, exports, however, continue to indicate a perceptible descent.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds surged to $248M in 2022. Overall, exports, however, recorded a abrupt slump.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled 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 | N/A | N/A | 1.1 | 20.8 | 1790.9% |
| Hong Kong SAR | 216 | 107 | 22.6 | 19.8 | -54.9% |
| Russia | 16.5 | 0.5 | N/A | 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 | 4.2 | 3.4 | 3.1 | 3.6 | -5.0% |
| Total | 397 | 288 | 211 | 248 | -14.5% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from China in 2022:
- Vietnam (135.4K tons)
- Malaysia (118.8K tons)
- Myanmar (82.4K tons)
- Thailand (53.1K tons)
- Singapore (21.6K tons)
- Russia (14.1K tons)
- Hong Kong SAR (11.7K tons)
- Sri Lanka (4.9K tons)
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