What is the price of groat per kilogram/pound in China today?
The retail price range for China groat is between US$ 0.89 and US$ 1.48 per kilogram or between US$ 0.40 and US$ 0.67 per pound(lb). Click here to see today's exact prices of groat in China
The retail price range in Yuan Renminbi for groat is between CNY 6.21 and CNY 10.35 per kilogram or between CNY 2.82 and CNY 4.70 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China groat is between US$ 0.62 and US$ 1.03 per kilogram or between US$ 0.28 and US$ 0.47 per pound(lb).
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China Groat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groat from China over the last five years has seen a significant decrease. In 2017, the price was 1.05 US dollars per kilogram, and in 2021 it was 0.58 US dollars per kilogram. This represents a decrease of 44.76%. The lowest price was in 2019, when it was 0.47 US dollars per kilogram. The price has since increased slightly, with the current price being 0.64 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Groat from China in 2023 will be 0.60 US dollars and in 2024 will be 0.56 US dollars.China Groat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groat into China over the last five years has seen a significant decrease. In 2017, the price was $1.05, dropping to $0.86 in 2018 and then to $0.47 in 2019. The price then decreased further to $0.46 in 2020 and $0.58 in 2021. The most recent data shows that the price has increased slightly to $0.64 in 2022. Based on this trend, it is predicted that the import price per kilogram of Groat into China will be $0.71 in 2023 and $0.78 in 2024.Export values for China groat
The total values in export for groat in China were US$ 48, US$ 121, US$ 151 and US$ 175 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of groat in other countries across Asia: Kazakhstan groat, Kyrgyzstan groat, Tajikistan groat, Turkmenistan groat, Uzbekistan groat, China groat, Hong Kong groat, Macao groat, North Korea groat & Mongolia groat.
China groat - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 374 tonnes of groat. Through 2019 alone, the market for China groat (processed category) has increased, with a change of 113.714 pc compared to the year 2018. Between 2017 and 2019, groat's exports grew by 225.22% netting the nation US$0.18m for the year 2019. China's groat exports are classified as:
- Groats and meal of oats (HS code 110312)
- Groats and meal of wheat (HS code 110311)
- Rice groats and meal (HS code 110314)
- Groats and meal of maize "corn" (HS code 110313)
- Groats and meal of cereals (excluding wheat and maize) (HS code 110319)
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China groat export values
In 2019, China sold groat with a value of 0.18m USD, an improvement of 19.21% from 2018's total groat export of 0.151m USD. The annual increase in value of China groat between 2017 to 2018 was 24.793 percent.
The per year change in the amount of China's groat exports between 2017 and 2019 was 225.22 pc when compared to a variation of 113.714% in the growth rate between 2018 and 2019.
China's portion of the world's total groat's exports in 2019 was 39.9%. China holds position 1 in world exports of groat.
Export markets for China groat ( in '000$ )
Import/Export Trends
China is a net exporter of groat. The annual growth of China groat in value between 2015 to 2019 was 7%, per annum, while annual growth in quantity through the same period was -2%, per annum.
China purchased 3,516 tonnes of groat in 2019.