What is the price of oleoresins per kilogram/pound in China today?
The retail price range for China oleoresins is between US$ 9.88 and US$ 19.76 per kilogram or between US$ 4.48 and US$ 8.96 per pound(lb). Click here to see today's exact prices of oleoresins in China
The retail price range in Yuan Renminbi for oleoresins is between CNY 69.30 and CNY 138.60 per kilogram or between CNY 31.43 and CNY 62.86 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China oleoresins is between US$ 6.92 and US$ 13.83 per kilogram or between US$ 3.14 and US$ 6.27 per pound(lb).
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China Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from China over the last five years has been quite volatile. In 2017, the price was 21.51 US $ per kg, which was the highest in the period. This was followed by a sharp decline in 2018 to 21.53 US $ per kg. In 2019, the price dropped further to 15.62 US $ per kg, the lowest in the period. Prices then increased in 2020 to 15.01 US $ per kg and further to 19.71 US $ per kg in 2021. The latest data point for 2022 shows a significant increase to 26.42 US $ per kg. Based on this trend, it is likely that the export price per kilogram of Oleoresins from China will continue to increase in 2023 and 2024.China Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into China over the last five years has been quite volatile. In 2016, the price was 18.87 US dollars per kg, which was the highest in the five year period. This was followed by a sharp decline in 2017 to 21.51 US dollars per kg. In 2018, the price remained relatively stable at 21.53 US dollars per kg. However, in 2019, the price dropped significantly to 15.62 US dollars per kg. This was followed by a further decrease in 2020 to 15.01 US dollars per kg. In 2021, the price increased to 19.71 US dollars per kg and then to 26.42 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Oleoresins into China in 2023 will be around 28.00 US dollars per kg and in 2024 around 30.00 US dollars per kg.Export values for China oleoresins
The total values in export for oleoresins in China were US$ 15,342, US$ 21,231, US$ 21,747 and US$ 19,399 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 oleoresins in other countries across Asia: Kazakhstan oleoresins, Kyrgyzstan oleoresins, Tajikistan oleoresins, Turkmenistan oleoresins, Uzbekistan oleoresins, China oleoresins, Hong Kong oleoresins, Macao oleoresins, North Korea oleoresins & Mongolia oleoresins.
China oleoresins - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 1,242 tonnes of oleoresins. For the year 2019 alone, the interest in China oleoresins (processed category) has surged, recording a change of 22.97 per cent compared to the year 2018. Between 2017 and 2019, oleoresins' exports went up by 25.84 percent netting the nation US$19.40m for the year 2019. China's oleoresins exports are classified as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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China oleoresins export values
In 2019, China supplied oleoresins costing 19.40m USD, a drop of -10.79% from 2018's total oleoresins export of 21.747m USD. The yearly reduction in value of China oleoresins between 2017 to 2018 was 2.43 per cent.
The yearly variation in the volume of China's oleoresins exports between 2017 and 2019 was 25.84 percent when compared to a variation of 22.97% in the growth rate between 2018 and 2019.
China's stake of the world's total oleoresins' exports in 2019 was 5.1 percent. China is ranked number 4 in world exports of oleoresins.
Export markets for China oleoresins ( in '000$ )
Import/Export Trends
China is a net exporter of oleoresins. The annual growth of China oleoresins in value between 2015 to 2019 was 2%, per year, while annual growth in quantity was -3%, per annum.
China purchased 2,194 tonnes of oleoresins in 2019.