What is the price of malt extract per kilogram/pound in China today?
The retail price range for China malt extract is between US$ 3.79 and US$ 28.78 per kilogram or between US$ 1.72 and US$ 13.05 per pound(lb). Click here to see today's exact prices of malt extract in China
The retail price range in Yuan Renminbi for malt extract is between CNY 26.58 and CNY 201.84 per kilogram or between CNY 12.05 and CNY 91.54 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China malt extract is between US$ 2.65 and US$ 20.15 per kilogram or between US$ 1.20 and US$ 9.14 per pound(lb).
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China Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from China over the last five years has seen a steady increase. In 2017, the price was 1.97 US dollars per kg, and by 2021, it had risen to 3.45 US dollars per kg. This represents an increase of 74.1%. In 2022, the price dropped slightly to 3.19 US dollars per kg, but this is still higher than the price in 2017. Based on this trend, it is likely that the export price per kilogram of Malt Extract from China will continue to increase in the next two years. We can predict that the price in 2023 will be around 3.68 US dollars per kg, and in 2024, it will be around 3.93 US dollars per kg.The exports of malt extract from China are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
China Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into China has seen a steady increase over the last five years. In 2017, the price was $1.97, and by 2021, it had risen to $3.45. This represents an increase of 74.1%. In 2022, the price dropped slightly to $3.19, but this is still higher than the price in 2017. Looking ahead, we can expect the price of Malt Extract to continue to rise, with an estimated price of $3.67 in 2023 and $3.95 in 2024.Export values for China malt extract
The total values in export for malt extract in China were US$ 41,132, US$ 42,583, US$ 51,742 and US$ 97,564 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 malt extract in other countries across Asia: Kazakhstan malt extract, Kyrgyzstan malt extract, Tajikistan malt extract, Turkmenistan malt extract, Uzbekistan malt extract, China malt extract, Hong Kong malt extract, Macao malt extract, North Korea malt extract & Mongolia malt extract.
China malt extract - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 39,645 tonnes of malt extract. Through 2019 alone, the demand for China malt extract (processed category) has climbed, with a change of 66.877 % compared to the year 2018. Between 2017 and 2019, malt extract's exports went up by 83.32% earning China US$97.56m for the year 2019. China's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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China malt extract export values
In 2019, China supplied malt extract worth 97.56m USD, an increase of 88.55% from 2018's total malt extract export of 51.742m USD. The yearly increase in value of China malt extract between 2017 to 2018 was 21.509 pc.
The yearly variation in the quantity of China's malt extract exports between 2017 and 2019 was 83.32 per cent in comparison to a variation of 66.877% in the period between 2018 and 2019.
China's portion of the world's total malt extract's exports in 2019 was less than 1%. China holds position 28 in world exports of malt extract.
Export markets for China malt extract ( in '000$ )
China's best performing export markets for malt extract are Venezuela, the Philippines, Thailand, Indonesia and Malaysia.
Import/Export Trends
China is a net importer of malt extract. The annual growth of China malt extract in value between 2015 to 2019 was 18%, per annum, while annual growth in quantity through the same period was 10%, per annum.
China brought in 76,973 tonnes of malt extract in 2019.