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China - Vegetables And Melons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVegetable Price in China - 2023
Contents:
- Vegetable Price in China (FOB) - 2022
- Vegetable Price in China (CIF) - 2022
- Vegetable Exports in China
- Vegetable Imports in China
Vegetable Price in China (FOB) - 2022
In 2022, the average vegetable export price amounted to $951 per ton, declining by -3.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2021 an increase of 18%. As a result, the export price attained the peak level of $988 per ton, and then declined modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,980 per ton), while the average price for exports to Myanmar ($385 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 Hong Kong SAR (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Price in China (CIF) - 2022
The average vegetable import price stood at $541 per ton in 2022, which is down by -26.2% against the previous year. Overall, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 93%. The import price peaked at $733 per ton in 2021, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,132 per ton), while the price for Myanmar ($391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Exports in China
Vegetable exports from China rose significantly to 6.5M tons in 2022, surging by 6.3% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6.7% against the previous year. As a result, the exports reached the peak of 6.8M tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, vegetable exports rose to $6.2B in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 5.6%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Vegetable in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 1,163 | 1,370 | 1,711 | 1,918 | 18.1% |
Vietnam | 1,182 | 1,221 | 1,178 | 1,146 | -1.0% |
Malaysia | 397 | 423 | 509 | 562 | 12.3% |
Indonesia | 505 | 472 | 511 | 412 | -6.6% |
Thailand | 315 | 313 | 314 | 372 | 5.7% |
Japan | 300 | 265 | 294 | 301 | 0.1% |
Russia | 320 | 249 | 260 | 254 | -7.4% |
South Korea | 102 | 108 | 122 | 137 | 10.3% |
Philippines | 78.2 | 101 | 121 | 100 | 8.5% |
United Arab Emirates | 76.3 | 83.3 | 92.9 | 99.2 | 9.1% |
Myanmar | 0.3 | N/A | 3.6 | 46.0 | 435.2% |
Others | 1,030 | 1,112 | 922 | 830 | -6.9% |
Total | 5,471 | 5,717 | 6,038 | 6,177 | 4.1% |
Top Export Markets for Vegetable from China in 2022:
- Vietnam (1361.4K tons)
- Hong Kong SAR (968.4K tons)
- Malaysia (730.1K tons)
- Indonesia (591.3K tons)
- Thailand (582.4K tons)
- Japan (408.9K tons)
- Russia (239.6K tons)
- South Korea (225.8K tons)
- United Arab Emirates (130.4K tons)
- Myanmar (119.4K tons)
- Philippines (110.4K tons)
Vegetable Imports in China
In 2022, after two years of decline, there was significant growth in purchases abroad of vegetables, when their volume increased by 19% to 112K tons. Overall, imports, however, faced a sharp shrinkage.
In value terms, vegetable imports shrank to $61M in 2022. Over the period under review, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 3.5%.
Import of Vegetable in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 34.7 | N/A | 0.3 | 34.7 | 0.0% |
Thailand | N/A | N/A | 50.6 | 17.5 | -65.4% |
Vietnam | 65.6 | 61.1 | 14.8 | 6.3 | -54.2% |
New Zealand | 6.3 | 5.1 | 3.2 | 1.7 | -35.4% |
Others | 1.5 | 0.6 | 0.3 | 0.4 | -35.6% |
Total | 108 | 66.9 | 69.2 | 60.5 | -17.6% |
Top Suppliers of Vegetable to China in 2022:
- Myanmar (88.7K tons)
- Vietnam (13.2K tons)
- Thailand (8.2K tons)
- New Zealand (1.8K tons)
This report provides an in-depth analysis of the vegetable and melon 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
- FCL 388 - Tomatoes, fresh
- FCL 402 - Onions, shallots (green)
- FCL 403 - Onions, dry
- FCL 406 - Garlic
- FCL 407 - Leeks and other alliaceous vegetables
- FCL 393 - Cauliflowers and broccoli
- FCL 372 - Lettuce and chicory
- FCL 426 - Carrot
- FCL 397 - Cucumbers and gherkins
- FCL 417 - Peas, green
- FCL 414 - Beans, green
- FCL 423 - String Beans
- FCL 367 - Asparagus
- FCL 399 - Eggplants
- FCL 401 - Chillies and peppers (green)
- FCL 373 - Spinach
- FCL 260 - Olives
- FCL 394 - Pumpkins, squash and gourds
- FCL 463 - Vegetables, Fresh n.e.s.
- FCL 446 - Green Corn (Maize)
- FCL 430 - Okra
- FCL 394 - Pumpkins, squash and gourds
- FCL 378 - Cassava leaves
- FCL 366 - Artichokes
- FCL 260 - Olives
- FCL 358 - Cabbages
- FCL 449 - Mushrooms
- FCL 366 - Artichokes
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
This report provides an in-depth analysis of the vegetable and melon market in China.
This report provides an in-depth analysis of the potato market in China.
This report provides an in-depth analysis of the vegetable market in China.
This report provides an in-depth analysis of the vegetable market in China.
This report provides an in-depth analysis of the global vegetable and melon market.
This report provides an in-depth analysis of the global potato market.
This report provides an in-depth analysis of the global vegetable market.
This report provides an in-depth analysis of the global vegetable market.
This report provides an in-depth analysis of the vegetable and melon market in China.
This report provides an in-depth analysis of the potato market in China.
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Vegetable imports play a crucial role in meeting the global demand for fresh produce throughout the year. Various countries rely on imported vegetables to supplement their domestic supply and offer a diverse range of produce to consumers. In this article, we will explore the top import markets for vegetables, based on the Import Value of Vegetable data provided by the IndexBox market intelligence platform. The United States holds the top position in terms of import value of vegetables, with a staggering $8.5 billion in 2022. Germany secures the second spot on the list with an import value of $5.8 billion in 2022. The United Kingdom is another significant player in the vegetable import market, with an import value of $3.4 billion in 2022. Canada relies on imports to supplement its domestic vegetable production, with an import value of $3.0 billion in 2022. France also represents a major import market for vegetables, with the same import value of $3.0 billion in 2022 as Canada. The Netherlands is not only a significant importer but also a major re-exporter of vegetables, with an import value of $2.5 billion in 2022. Belgium holds a prominent position in the vegetable import market, with an import value of $1.7 billion in 2022. Despite its vast agricultural land, Russia imports vegetables worth $1.3 billion in 2022. Spain relies on imports with an import value of $1.2 billion in 2022 to meet the demand for certain vegetables. Italy completes the list of the world's top import markets for vegetables with an import value of $1.2 billion in 2022. These top import markets for vegetables demonstrate the global dependence on imports to meet the diverse demands of consumers.