China - Wheat Gluten - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Wheat Gluten - Market Analysis, Forecast, Size, Trends And Insights

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Wheat Gluten Prices in China

China Wheat Gluten Export Price in September 2022

In September 2022, the wheat gluten price stood at $1,971 per ton (FOB, China), rising by 1.5% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in June 2022 an increase of 6.8% m-o-m. The export price peaked in September 2022.

Average prices varied somewhat for the major foreign markets. In September 2022, the highest price was recorded for prices to Mexico ($2,338 per ton) and South Korea ($2,079 per ton), while the average price for exports to India ($1,865 per ton) and Saudi Arabia ($1,886 per ton) were amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

China Wheat Gluten Exports

In September 2022, after three months of growth, there was significant decline in shipments abroad of wheat gluten, when their volume decreased by -9.5% to 20K tons. Over the period under review, total exports indicated a moderate expansion from January 2022 to September 2022: its volume increased at an average monthly rate of +4.3% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports decreased by -9.5% against August 2022 indices. The pace of growth was the most pronounced in April 2022 with an increase of 85% month-to-month. Over the period under review, the exports hit record highs at 22K tons in August 2022, and then dropped in the following month.

In value terms, wheat gluten exports dropped to $39M (IndexBox estimates) in September 2022. In general, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in April 2022 when exports increased by 90% m-o-m. Over the period under review, the exports reached the peak figure at 42K tons in August 2022, and then fell in the following month.

China Wheat Gluten Exports by Country

The Netherlands (8.5K tons) was the main destination for wheat gluten exports from China, accounting for a 43% share of total exports. Moreover, wheat gluten exports to the Netherlands exceeded the volume sent to the second major destination, Australia (3.1K tons), threefold. The third position in this ranking was taken by South Korea (1.1K tons), with a 5.5% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume to the Netherlands amounted to +18.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Australia (+1.3% per month) and South Korea (+3.2% per month).

In value terms, the Netherlands ($17M) remains the key foreign market for wheat gluten exports from China, comprising 43% of total exports. The second position in the ranking was taken by Australia ($5.9M), with a 15% share of total exports. It was followed by South Korea, with a 5.8% share.

From January 2022 to September 2022, the average monthly growth rate of value to the Netherlands amounted to +21.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Australia (+3.0% per month) and South Korea (+6.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wheat gluten 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 24 - Wheat Gluten

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Blog
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Market Entry Strategy for Wheat Gluten in China
Sep 21, 2023
Eye 118

This guide provides insights and strategies for a successful market entry into China for wheat gluten. It includes data on import value, top countries, and import price of wheat gluten in China. Learn how to adapt to local preferences, establish relationships with authorities, and leverage trade shows for market entry success.

Global Wheat Gluten Production Reduces Slightly but Exports Remain Robust
Sep 14, 2021
Eye 820

In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures. 

Global Wheat Gluten Market Expands on Rising Demand from Norway
Jul 18, 2019
Eye 766

The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...

Market Entry Strategy for Wheat Gluten in China
Sep 21, 2023
Eye 118

This guide provides insights and strategies for a successful market entry into China for wheat gluten. It includes data on import value, top countries, and import price of wheat gluten in China. Learn how to adapt to local preferences, establish relationships with authorities, and leverage trade shows for market entry success.

Global Wheat Gluten Production Reduces Slightly but Exports Remain Robust
Sep 14, 2021
Eye 820

In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures. 

Global Wheat Gluten Market Expands on Rising Demand from Norway
Jul 18, 2019
Eye 766

The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...

Free Data: Wheat Gluten - China