What is the price of margarine per kilogram/pound in China today?
The retail price range for China margarine is between US$ 0.18 and US$ 0.21 per kilogram or between US$ 0.08 and US$ 0.10 per pound(lb). Click here to see today's exact prices of margarine in China
The retail price range in Yuan Renminbi for margarine is between CNY 1.23 and CNY 1.51 per kilogram or between CNY 0.56 and CNY 0.68 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China margarine is between US$ 0.12 and US$ 0.15 per kilogram or between US$ 0.06 and US$ 0.07 per pound(lb).
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China Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from China over the last five years has seen a steady decline. In 2017, the price was 2.72 US dollars per kg, and in 2021 it was 2.7 US dollars per kg. The lowest price was recorded in 2020, at 2.24 US dollars per kg. The price has since increased slightly to 2.7 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Margarine from China in 2023 will be 2.66 US dollars per kg, and in 2024 it will be 2.62 US dollars per kg.The China margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
China Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into China over the last five years has seen a steady decline. In 2018, the price was 2.69 US dollars per kg, followed by 2.63 US dollars per kg in 2019. In 2020, the price dropped to 2.24 US dollars per kg, before increasing to 2.7 US dollars per kg in 2021. The price then dropped again to 2.78 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Margarine into China in 2023 will be 2.71 US dollars per kg and in 2024 will be 2.69 US dollars per kg.Export values for China margarine
The total values in export for margarine in China were US$ 1,608, US$ 2,036, US$ 2,428 and US$ 3,001 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 margarine in other countries across Asia: Kazakhstan margarine, Kyrgyzstan margarine, Tajikistan margarine, Turkmenistan margarine, Uzbekistan margarine, China margarine, Hong Kong margarine, Macao margarine, North Korea margarine & Mongolia margarine.
China margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 1,140 tonnes of margarine. For 2019 alone, the market for China margarine (processed category) has gone up, flactuating by 26.386 % compared to the year 2018. Between 2017 and 2019, margarine's exports went up by 52.2 percent bringing China US$3.00m for the year 2019. China's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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China margarine export values
In 2019, China exported margarine worth 3.00m USD, a growth of 23.56% from 2018's total margarine export of 2.428m USD. The annual increase in value of China margarine between 2017 to 2018 was 19.253 pc.
The annual change in the volume of China's margarine exports between 2017 and 2019 was 52.2% compared to a variation of 26.386% in the period between 2018 and 2019.
China's portion of the world's total margarine's exports in 2019 was less than 1%. China holds number 48 in world exports of margarine.
Export markets for China margarine ( in '000$ )
China's leading destinations for margarine are North Korea, Myanmar, Hong Kong, Malaysia and Vietnam.
Import/Export Trends
China is a net importer of margarine. The annual growth of China margarine in value between 2015 to 2019 was 148%, per annum, while annual growth in quantity during the same period was 164%, per annum.
China imported 18,848 tonnes of margarine in 2019.