What is the price of wheat per kilogram/pound in China today?
The retail price range for China wheat is between US$ 0.50 and US$ 0.82 per kilogram or between US$ 0.23 and US$ 0.37 per pound(lb). Click here to see today's exact prices of wheat in China
The retail price range in Yuan Renminbi for wheat is between CNY 3.52 and CNY 5.73 per kilogram or between CNY 1.60 and CNY 2.60 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China wheat is between US$ 0.35 and US$ 0.57 per kilogram or between US$ 0.16 and US$ 0.26 per pound(lb).
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China Wheat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wheat from China over the last five years has been relatively stable. In 2017, the price was 1.39 US $ per kg, followed by 1.54 US $ per kg in 2018. In 2019, the price dropped to 1.22 US $ per kg, before increasing to 1.28 US $ per kg in 2020 and 1.34 US $ per kg in 2021. The highest price was recorded in 2022, at 1.82 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Wheat from China in 2023 will be around 1.38 US $ per kg, and in 2024, it will be around 1.45 US $ per kg.The exports of wheat from China are classified as:
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Durum wheat seed for sowing (HS code 100111)
- Wheat gluten, whether or not dried (HS code 110900)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Durum wheat (HS code 100110)
China Wheat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat into China over the last five years has been relatively stable. In 2017, the price was 1.39 US $ per kg, followed by 1.54 US $ per kg in 2018. In 2019, the price dropped to 1.22 US $ per kg, before increasing to 1.28 US $ per kg in 2020. The price then rose to 1.34 US $ per kg in 2021 and 1.82 US $ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Wheat into China in 2023 will be around 1.90 US $ per kg and in 2024 will be around 1.98 US $ per kg.Export values for China wheat
The total values in export for wheat in China were US$ 2,885,824, US$ 2,206,544, US$ 2,905,568 and US$ 2,010,880 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in China: Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of wheat in other countries across Asia: Kazakhstan wheat, Kyrgyzstan wheat, Tajikistan wheat, Turkmenistan wheat, Uzbekistan wheat, China wheat, Hong Kong wheat, Macao wheat, North Korea wheat & Mongolia wheat.
China wheat - Production, Exports, Imports, Seasons and HS Codes
In 2019 China exported 1,649,872 tonnes of wheat. Through 2019 alone, the market for China wheat (cereals/grains category) has shrunk, changing by -12.809 % compared to the year 2018. Between 2017 and 2019, wheat's exports increased by 4.06 percent netting the nation US$2,010.88m for the year 2019. China's wheat exports are classified as:
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Durum wheat (HS code 100110)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Durum wheat seed for sowing (HS code 100111)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Wheat gluten, whether or not dried (HS code 110900)
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China wheat export values
In 2019, China supplied wheat worth 2,010.88m USD, a decrease of -30.79% from 2018's total wheat export of 2905.568m USD. The annual reduction in value of China wheat between 2017 to 2018 was 31.68 percent.
The annual/yearly variation in the volume of China's wheat exports between 2017 and 2019 was 4.06% in comparison to a variation of -12.809% in the period between 2018 and 2019.
China's portion of the world's total wheat's exports in 2019 was 1.3 per cent. The country is ranked number 7 in world exports of wheat.
Export markets for China wheat ( in '000$ )
China's leading destinations for wheat are Hong Kong, Ghana, Chile, the Netherlands and Canada.
Import/Export Trends
China is a net exporter of wheat. The annual growth of China wheat in value between 2015 to 2019 was -50%, per annum, while annual growth in quantity during the same period was -48%, per annum.
China purchased 51,293,040 tonnes of wheat in 2019.
Production
The production of wheat in China was 17,100,635,648 tonnes in 2019 and is predicted to change by an average of 1.64%. The country had an estimated 3,037,603,840.00 hectares under wheat cultivation.