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China - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina: Almond Market 2025
Almond Market Size in China
The Chinese almond market skyrocketed to $X in 2021, growing by 37% against the previous year. In general, consumption recorded a prominent expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.
Almond Production in China
In value terms, almond production expanded modestly to $X in 2021 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 90% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.
The average yield of almonds in China fell slightly to X tons per ha in 2021, leveling off at 2020 figures. The yield figure increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the yield increased by 4.1% against the previous year. Over the period under review, the average almond yield reached the peak level at X tons per ha in 2020, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, the total area harvested in terms of almonds production in China reached X ha, approximately mirroring the previous year. Overall, the harvested area, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2019 when the harvested area increased by 2.4% against the previous year. Over the period under review, the harvested area dedicated to almond production reached the maximum at X ha in 2013; however, from 2014 to 2021, the harvested area failed to regain momentum.
Almond Exports
Exports from China
In 2021, approx. X tons of almonds were exported from China; which is down by -78.9% compared with 2020 figures. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 423%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, almond exports fell sharply to $X in 2021. In general, exports saw a deep reduction. The growth pace was the most rapid in 2013 with an increase of 417%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.
Exports by Country
Vietnam (X tons), Singapore (X tons) and Malaysia (X tons) were the main destinations of almond exports from China, together accounting for 97% of total exports.
From 2012 to 2021, the biggest increases were in Singapore (with a CAGR of +832.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($X) emerged as the key foreign market for almond exports from China, comprising 76% of total exports. The second position in the ranking was taken by Singapore ($X), with a 17% share of total exports. It was followed by Malaysia, with a 5.7% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+619.7% per year) and Malaysia (+78.6% per year).
Export Prices by Country
In 2021, the average almond export price amounted to $X per ton, which is down by -6% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, almond export price decreased by -14.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 82%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.
Almond Imports
Imports into China
In 2021, the amount of almonds imported into China soared to X tons, increasing by 67% compared with the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 305%. Imports peaked in 2021 and are expected to retain growth in the near future.
In value terms, almond imports soared to $X in 2021. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by 437%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, the United States (X tons) constituted the largest almond supplier to China, with a 68% share of total imports. Moreover, almond imports from the United States exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold.
From 2012 to 2021, the average annual growth rate of volume from the United States totaled +38.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+253.5% per year) and Thailand (-57.4% per year).
In value terms, the largest almond suppliers to China were the United States ($X), Australia ($X) and Thailand ($X), with a combined 99.9% share of total imports.
In terms of the main suppliers, Australia, with a CAGR of +222.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average almond import price stood at $X per ton in 2021, picking up by 3.7% against the previous year. In general, the import price posted a pronounced expansion. The most prominent rate of growth was recorded in 2015 an increase of 44%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the almond 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 221 - Almonds
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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