China - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingShelled Bean Price in China - 2024
Contents:
- Shelled Bean Price in China (CIF) - 2023
- Shelled Bean Price in China (FOB) - 2022
- Shelled Bean Imports in China
- Shelled Bean Exports in China
Shelled Bean Price in China (CIF) - 2023
In August 2022, the average shelled bean import price amounted to $621 per ton, which is down by -29.1% against the previous month. Over the period under review, import price indicated a slight increase from May 2022 to August 2022: its price increased at an average monthly rate of +1.1% over the last three-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, shelled bean import price decreased by -29.1% against July 2022 indices. The most prominent rate of growth was recorded in June 2022 an increase of 26% m-o-m. The import price peaked at $876 per ton in July 2022, and then dropped rapidly in the following month.
As there is only one major supplying country, the average price level is determined by prices for India.
From May 2022 to August 2022, the rate of growth in terms of prices for India amounted to +6.6% per month.
Shelled Bean Price in China (FOB) - 2022
The average shelled bean export price stood at $2,485 per ton in 2022, increasing by 32% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 169%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($2,648 per ton) and Poland ($2,572 per ton), while the average price for exports to Germany ($2,392 per ton) and Italy ($2,415 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Bean Imports in China
In 2022, the amount of shelled beans (dry) imported into China dropped dramatically to 11K tons, falling by -38.8% on 2021. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,121% against the previous year. As a result, imports reached the peak of 18K tons, and then reduced rapidly in the following year.
In value terms, shelled bean imports declined markedly to $8M in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,557%. As a result, imports attained the peak of $16M, and then fell sharply in the following year.
| Import of Shelled Bean in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 0.5 | 1.2 | 5.1 | 219.4% |
| India | N/A | 0.5 | 14.8 | 2.9 | 140.8% |
| Japan | 1.8 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.9 | 1.0 | 16.0 | 8.0 | 61.5% |
Top Suppliers of Shelled Bean to China in 2022:
- Myanmar (6.7K tons)
- India (4.1K tons)
Shelled Bean Exports in China
For the fourth year in a row, China recorded growth in shipments abroad of shelled beans (dry), which increased by 45% to 928 tons in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 291%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, shelled bean exports soared to $2.3M in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 953% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Shelled Bean in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 202 | 635 | 214.4% |
| Spain | N/A | N/A | 63.7 | 573 | 799.5% |
| Japan | N/A | N/A | 146 | 278 | 90.4% |
| Germany | N/A | N/A | 180 | 265 | 47.2% |
| Poland | N/A | N/A | 353 | 242 | -31.4% |
| Taiwan (Chinese) | 48.0 | N/A | 8.1 | 129 | 39.0% |
| Greece | N/A | N/A | 40.0 | 108 | 170.0% |
| South Korea | N/A | 37.1 | 35.8 | N/A | -3.5% |
| Vietnam | 74.1 | 58.0 | N/A | N/A | -21.7% |
| Indonesia | N/A | N/A | 156 | N/A | 0% |
| Others | 23.7 | 19.4 | 20.4 | 77.1 | 48.2% |
| Total | 146 | 115 | 1,205 | 2,307 | 150.9% |
Top Export Markets for Shelled Bean from China in 2022:
- Italy (262.9 tons)
- Spain (227.8 tons)
- Japan (112.0 tons)
- Germany (110.9 tons)
- Poland (93.9 tons)
- Taiwan (Chinese) (48.9 tons)
- Greece (44.0 tons)
This report provides an in-depth analysis of the shelled bean 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 195 - Cow peas, dry
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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679
In August 2022, the dry bean price per ton amounted to $971.8 (CIF, China), therefore, remained relatively stable against the previous month.
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