China - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights

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Grapefruit Price in China - 2023

Contents:

  1. Grapefruit Price in China (CIF) - 2023
  2. Grapefruit Price in China (FOB) - 2023
  3. Grapefruit Imports in China
  4. Grapefruit Exports in China

Grapefruit Price in China (CIF) - 2023

In June 2023, the average grapefruit import price amounted to $1,086 per ton, dropping by -17.5% against the previous month. Overall, import price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, grapefruit import price decreased by -34.3% against January 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 27% month-to-month. The import price peaked at $1,653 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($1,799 per ton), while the price for South Africa totaled $879 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Africa (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Grapefruit Price in China (FOB) - 2023

The average grapefruit export price stood at $949 per ton in April 2023, flattening at the previous month. Over the period under review, the export price continues to indicate a perceptible decrease. The growth pace was the most rapid in November 2022 an increase of 8.3% m-o-m. The export price peaked at $1,452 per ton in July 2022; however, from August 2022 to April 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($2,400 per ton), while the average price for exports to the United Arab Emirates ($560 per ton) was amongst the lowest.

From July 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Grapefruit Imports in China

In 2022, after three years of growth, there was significant decline in overseas purchases of grapefruits, when their volume decreased by -13.6% to 107K tons. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of 124K tons, and then reduced in the following year.

In value terms, grapefruit imports reduced to $121M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports attained the peak of $133M, and then shrank in the following year.

Import of Grapefruit in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa35.943.769.451.312.6%
Thailand10.113.943.750.270.7%
Israel6.28.65.67.56.6%
Egypt3.34.34.94.611.7%
Taiwan (Chinese)8.4N/AN/AN/A0%
Others1.88.29.27.560.9%
Total65.878.713312122.5%

Top Suppliers of Grapefruit to China in 2022:

  1. South Africa (64.0K tons)
  2. Thailand (26.5K tons)
  3. Israel (5.9K tons)
  4. Egypt (4.7K tons)

Grapefruit Exports in China

After two years of decline, overseas shipments of grapefruits increased by 26% to 138K tons in 2022. Overall, exports, however, continue to indicate a deep contraction.

In value terms, grapefruit exports skyrocketed to $124M in 2022. In general, exports, however, saw a abrupt decrease.

Export of Grapefruit in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands58.864.439.241.3-11.1%
Russia64.34.00.130.9-21.7%
Kyrgyzstan0.11.06.97.5321.7%
Romania8.18.65.15.7-11.1%
Canada4.65.34.24.0-4.6%
United StatesN/A0.31.43.8255.9%
Ukraine9.212.910.43.3-28.9%
Lithuania3.34.71.52.9-4.2%
Germany3.43.82.52.6-8.6%
United Kingdom2.02.40.42.00.0%
Vietnam11.04.42.51.8-45.3%
Belarus0.40.71.31.451.8%
Others23.024.022.216.4-10.7%
Total18813697.6124-13.0%

Top Export Markets for Grapefruit from China in 2022:

  1. Netherlands (47.9K tons)
  2. Russia (33.5K tons)
  3. Kyrgyzstan (7.4K tons)
  4. Romania (7.1K tons)
  5. Canada (4.4K tons)
  6. Ukraine (4.3K tons)
  7. Lithuania (4.0K tons)
  8. United States (3.5K tons)
  9. Germany (2.8K tons)
  10. United Kingdom (2.2K tons)
  11. Belarus (2.0K tons)
  12. Vietnam (1.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the grapefruit 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 507 - Grapefruit and pomelo

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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