China - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina's Frozen Fruit Import Rises to $62M in April 2023
China Frozen Fruit Imports
In April 2023, purchases abroad of frozen fruits increased by 18% to 12K tons, rising for the third month in a row after six months of decline. Over the period under review, imports showed a noticeable increase. The pace of growth appeared the most rapid in June 2022 when imports increased by 80% month-to-month.
In value terms, frozen fruit imports amounted to $62M (IndexBox estimates) in April 2023. In general, imports saw a perceptible increase. The pace of growth was the most pronounced in June 2022 when imports increased by 172% m-o-m.
COUNTRY | Import Value of Frozen Fruit in China (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
Thailand | 9.5 | 9.8 | 68.6 | 134 | 98.2 | 97.4 | 86.4 | 51.6 | 29.7 | 20.0 | 23.9 | 26.8 | 27.9 |
Malaysia | 12.7 | 8.5 | 10.2 | 29.1 | 26.0 | 20.0 | 9.8 | 12.1 | 26.8 | 26.4 | 22.4 | 23.2 | 20.1 |
Egypt | 5.9 | 11.5 | 9.1 | 3.9 | 3.8 | 4.6 | 2.6 | 2.2 | 1.4 | 0.1 | 1.0 | 3.7 | 5.3 |
Sweden | 3.0 | 2.1 | 1.4 | 4.0 | 2.6 | 3.1 | 0.4 | 0.3 | 2.4 | 0.4 | 3.6 | 3.2 | 3.6 |
New Zealand | 0.2 | 0.6 | 0.9 | 1.0 | 0.8 | 0.5 | N/A | < 0.1 | < 0.1 | < 0.1 | N/A | N/A | 1.9 |
Chile | 2.2 | 0.4 | 1.2 | 1.1 | 0.5 | 1.1 | 0.2 | N/A | < 0.1 | 1.0 | 1.4 | 1.2 | 1.4 |
Canada | 1.6 | 1.1 | 1.9 | 0.5 | 0.2 | 0.3 | 0.4 | 1.1 | 1.2 | 1.5 | 0.5 | 0.4 | 1.1 |
Others | 1.6 | 1.4 | 2.9 | 1.8 | 2.2 | 1.1 | 1.3 | 2.7 | 2.1 | 3.9 | 2.5 | 1.2 | 0.8 |
Total | 36.5 | 35.4 | 96.1 | 175 | 134 | 128 | 101 | 70.0 | 63.8 | 53.4 | 55.3 | 59.8 | 62.2 |
Imports by Country
Thailand (4.2K tons), Egypt (3.2K tons) and Malaysia (1.7K tons) were the main suppliers of frozen fruit imports to China, with a combined 75% share of total imports. Sweden, Chile, New Zealand and Canada lagged somewhat behind, together comprising a further 21%.
From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest frozen fruit suppliers to China were Thailand ($28M), Malaysia ($20M) and Egypt ($5.3M), with a combined 86% share of total imports. Sweden, New Zealand, Chile and Canada lagged somewhat behind, together comprising a further 13%.
New Zealand, with a CAGR of +22.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In April 2023, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) (7.8K tons) constituted the largest type of frozen fruit supplied to China, with a 64% share of total imports. Moreover, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) exceeded the figures recorded for the second-largest type, frozen strawberries (3.8K tons), twofold.
From April 2022 to April 2023, the average monthly growth rate of the volume of import of frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) amounted to +5.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: frozen strawberries (-1.1% per month) and frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries (+14.8% per month).
In value terms, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) ($54M) constituted the largest type of frozen fruit supplied to China, comprising 86% of total imports. The second position in the ranking was taken by frozen strawberries ($6.4M), with a 10% share of total imports.
Import Prices by Country
In April 2023, the frozen fruit price stood at $5,126 per ton (CIF, China), falling by -11.9% against the previous month. Overall, import price indicated a slight increase from April 2022 to April 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, frozen fruit import price decreased by -25.5% against January 2023 indices. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 51% against the previous month. The import price peaked at $6,880 per ton in January 2023; however, from February 2023 to April 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Malaysia ($11,759 per ton), while the price for Egypt ($1,651 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+0.9%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the frozen fruit 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:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
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