China: Vegetable Market 2020

Vegetable Market Size in China

The revenue of the vegetable market in China amounted to $X in 2017, rising by X% against the previous year. In general, vegetable consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the vegetable market attained its maximum level in 2017, and is expected to retain its growth in the near future.

Vegetable Production in China

In 2017, production of vegetables in China totaled X tons, jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the vegetable production attained its peak figure volume in 2017, and is expected to retain its growth in the near future. Vegetable output in China indicated a significant increase, which was largely conditioned by a noticeable increase of the harvested area and a modest growth in yield figures.

In 2017, average yield of vegetables in China amounted to X ton per ha, approximately equating the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when yield increased by X% against the previous year. Over the period under review, the vegetable yield reached its maximum level in 2017, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Vegetable harvested area in China totaled X ha in 2017, rising by X% against the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to vegetable production attained its maximum in 2017, and is likely to see steady growth in the immediate term.

Vegetable Exports from China

Vegetable exports from China amounted to X tons in 2017, picking up by X% against the previous year. Overall, the total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when exports increased by X% y-o-y. Over the period under review, the vegetable exports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, vegetable exports totaled $X in 2017. In general, vegetable exports continue to indicate a prominent increase. China exports peaked of $X in 2016, and then declined slightly in the following year.

Vegetable Exports by Country from China

The Netherlands (X tons), Mexico (X tons), Spain (X tons) and China (X tons) represented roughly X% of total exports of vegetables in 2017. France (X tons) ranks second in terms of the global exports with a X% share, followed by the U.S. (X%). The following exporters - India (X tons), Germany (X tons), Belgium (X tons), Canada (X tons), Italy (X tons) and Egypt (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable markets worldwide were the Netherlands ($X), Spain ($X) and Mexico ($X), together accounting for X% of total exports. These countries were followed by China, the U.S., France, Canada, Italy, Belgium, Germany, India and Egypt, which together accounted for a further X%.

China (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Export Prices by Country in China

The vegetable export price in China stood at $X per ton in 2017, coming down by -X% against the previous year. Overall, vegetable export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. China export price peaked of $X per ton in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Italy ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

Vegetable Imports into China

Vegetable imports into China amounted to X tons in 2017, coming up by X% against the previous year. Overall, the total imports indicated a noticeable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable imports decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the vegetable imports reached its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, vegetable imports totaled $X in 2017. In general, the total imports indicated a tangible expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable imports decreased by -X% against 2012 indices. China imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Vegetable Imports by Country into China

In 2017, the U.S. (X tons), distantly followed by Germany (X tons), the Netherlands (X tons), Belgium (X tons), the UK (X tons) and France (X tons) represented the major importers of vegetables, together comprising X% of total imports. The following importers - Canada (X tons), Russia (X tons), the United Arab Emirates (X tons), Malaysia (X tons), Spain (X tons) and Italy (X tons) together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%), Malaysia (+X%), the Netherlands (+X%), Belgium (+X%), Germany (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. France, Spain, the UK and Russia experienced a relatively flat trend pattern. From 2007 to 2017, the share of Belgium, the Netherlands and the U.S. decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by France, Canada, the Netherlands, Russia, Belgium, Italy, Spain, the United Arab Emirates, Malaysia and China, which together accounted for a further X%.

In terms of the main importing countries , the United Arab Emirates (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Import Prices by Country in China

The vegetable import price in China stood at $X per ton in 2017, coming down by -X% against the previous year. Overall, vegetable import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, an increase of X% year-to-year. In that year, the import prices for vegetables attained their peak level of $X per ton, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform