China - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpinach Prices in China
China Spinach Export Price in September 2022
In September 2022, the spinach price stood at $2,697 per ton (FOB, China), growing by 4.6% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +7.0%. The growth pace was the most rapid in February 2022 when the average export price increased by 48% month-to-month. Over the period under review, the average export prices attained the peak figure in September 2022.
Average prices varied somewhat for the major external markets. In September 2022, the country with the highest price was Hong Kong SAR ($2,727 per ton), while the average price for exports to Malaysia totaled $2,042 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.7%).
China Spinach Exports
In September 2022, shipments abroad of spinach increased by 27% to 23K tons, rising for the second month in a row after two months of decline. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in February 2022 when exports increased by 5,585% month-to-month. Over the period under review, the exports attained the peak figure in September 2022.
In value terms, spinach exports surged to $62M (IndexBox estimates) in September 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in February 2022 with an increase of 8,293% against the previous month. Over the period under review, the exports attained the maximum in September 2022.
China Spinach Exports by Country
Hong Kong SAR (22K tons) was the main destination for spinach exports from China, with a 98% share of total exports. It was followed by Malaysia (228 tons), with a 1% share of total exports.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to Hong Kong SAR stood at +190.5%.
In value terms, Hong Kong SAR ($61M) remains the key foreign market for spinach exports from China, comprising 99% of total exports. The second position in the ranking was taken by Malaysia ($465K), with a 0.8% share of total exports.
From January 2022 to September 2022, the average monthly growth rate of value to Hong Kong SAR stood at +169.2%.
This report provides an in-depth analysis of the spinach 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 373 - Spinach
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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In February 2023, the price of spinach reached $2,741 per ton (FOB, China), a 44% increase compared to the previous month.
In June 2023, the price of Chili And Pepper reached $1,685 per ton (FOB, China), showing a 22% increase compared to the previous month.
Pumpkin exports experienced a significant drop in value, reaching $630K in June 2023.
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The value of Maize exports experienced a substantial decline, reaching $32M in June 2023.
Despite the pandemic, the global market for spinach continues to grow thanks to high demand from China. While the Chinese market is supplied domestically, the U.S., the UK and Mexico feature the most rapidly growing imports. Driven by the rising demand for food worldwide, the spinach market is projected to reach 42M tons by 2030. Spinach suppliers to Western countries are facing increasingly stringent requirements of providing produce safe from pesticides and other contaminants. The new potential was discovered to use this plant in the production process for energy-efficient batteries, which may elevate opportunities for investing in the market.
Global spinach consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global spinach exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
Global spinach imports amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
In 2015, the country with the largest volume of the spinach output was China (X thousand tons), accounting for X% of global production. The third position in this ranking was occupied by Japan with a share of X>