What is the price of sunflower oil per kilogram/pound in China today?
The retail price range for China sunflower oil is between US$ 2.11 and US$ 8.74 per kilogram or between US$ 0.96 and US$ 3.96 per pound(lb). Click here to see today's exact prices of sunflower oil in China
The retail price range in Yuan Renminbi for sunflower oil is between CNY 14.81 and CNY 61.29 per kilogram or between CNY 6.72 and CNY 27.80 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China sunflower oil is between US$ 1.48 and US$ 6.12 per kilogram or between US$ 0.67 and US$ 2.77 per pound(lb).
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China Sunflower Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Sunflower Oil from China has seen a steady decline over the last five years. In 2012, the price was 1.80 US dollars per kg, and by 2016, it had dropped to 1.14 US dollars per kg. In 2017, the price rose slightly to 1.19 US dollars per kg, before dropping again to 1.22 US dollars per kg in 2019. The most recent data shows that the price has dropped to 1.12 US dollars per kg in 2020. Looking ahead, we predict that the export price of Sunflower Oil from China will remain relatively stable, with a slight increase to 1.82 US dollars per kg in 2021, followed by a further increase to 2.41 US dollars per kg in 2022. We predict that the export price of Sunflower Oil from China will remain at around 2.41 US dollars per kg in 2023 and 2024.The China sunflower oil exports are classified as:
- Crude sunflower-seed or safflower oil (HS code 151211)
China Sunflower Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Sunflower Oil into China has seen a steady decline over the past five years. In 2012, the price was $1.80, and it has decreased steadily since then, reaching a low of $1.12 in 2020. However, the price has seen an increase in 2021, with the price rising to $1.82. This trend is expected to continue in 2022, with the price reaching $2.41. Looking ahead, it is likely that the price of Sunflower Oil will remain relatively stable in 2023, with an estimated price of $2.00. In 2024, the price is expected to increase slightly to $2.20.Export values for China sunflower oil
The total values in export for sunflower oil in China were US$ 1,109, US$ 1,366, US$ 1,563 and US$ 2,756 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 sunflower oil in other countries across Asia: Kazakhstan sunflower oil, Kyrgyzstan sunflower oil, Tajikistan sunflower oil, Turkmenistan sunflower oil, Uzbekistan sunflower oil, China sunflower oil, Hong Kong sunflower oil, Macao sunflower oil, North Korea sunflower oil & Mongolia sunflower oil.
China sunflower oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 2,257 tonnes of sunflower oil. For the year 2019 alone, the demand for China sunflower oil (processed category) has climbed, changing by 120.41 percent compared to the year 2018. Between 2017 and 2019, sunflower oil's exports increased by 96.26% earning the nation US$2.76m for the year 2019. China's sunflower oil exports are classified as:
- Crude sunflower-seed or safflower oil (HS code 151211)
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China sunflower oil export values
In 2019, China sold sunflower oil costing 2.76m USD, a growth of 76.58% from 2018's total sunflower oil export of 1.563m USD. The yearly growth in value of China sunflower oil between 2017 to 2018 was 14.422%.
The yearly variation in the amount of China's sunflower oil exports between 2017 and 2019 was 96.26 percent in comparison to a variation of 120.41% in the period between 2018 and 2019.
China's share of the world's total sunflower oil's exports in 2019 was 4.2 pc. China is ranked number 7 in world exports of sunflower oil.
Export markets for China sunflower oil ( in '000$ )
China's best performing destinations for sunflower oil are Singapore, Thailand, Malaysia, Hong Kong and US.
Import/Export Trends
China is a net importer of sunflower oil. The annual growth of China sunflower oil in value between 2015 to 2019 was 8%, per annum, while annual growth in quantity for the same period was 3%, per annum.
China imported 1,191,147 tonnes of sunflower oil in 2019.