2020/7/14 – CRI Report

Research report on imported soybeans in China 2020-2024

admin — Wed, 15 Jul 2020 01:51:44 +0000

Description
Soybeans are important raw materials of common edible oil and feed material of breeding industry in China. China has huge demand on Soybeans while the domestic supply could not meet the consumption. In 2019, China’s Soybean consumption was 106.50 million tons, domestic production was 18.10 million tons and import volume was 88.51 million tons, which showed very high dependence on import soybeans. Thus, China allowed more countries, such as Bolivia, Russia and Benin to export soybeans that meet the requirements.
According to CRI, soybeans are mainly produced in the Northeast and North China regions. From 2015 to 2019, the sown area of soybeans in China increased from 6.83 million hectares to 9.34 million hectares, and the production of soybeans rose from 12.37 million tons in 2015 to 18.10 million tons in 2019. Import volume went up from 81.69 million tons in 2015 to 88.51 million tons in 2019. Import soybeans always have competitive advantage, since the price of imported soybeans is always lower than that of domestic soybeans.
According to CRI, imported soybeans in China include soybeans for cultivation, black soybeans, green soybeans, yellow soybeans, and other soybeans not for cultivation, most of them came from Brazil and the USA from 2017 to April 2020.
According to CRI, as for major import sources of soybeans in the future, it is expected to be Brazil, the USA and Argentina. According to CRI, the demand on soybeans is estimated to be relatively low in 2020 because of COVID-19, and then reach 124 million tons by 2024. The gap between supply and demand could be around 94 million tons in 2024, worth the value that exceed USD 40 million.

Readers may obtain the following information through this report:
– Economic Environment of Soybean Industry in China
– Policies in Imported Soybeans in China
– Analysis of Supply and Demand of Soybeans in China
– Analysis of Imported Soybeans in China
– Analysis of Major Sources of Soybeans in China
– Price Trend of Imported Soybeans in China
– Driving Forces and Opportunities of Imported Soybeans in China
– Forecast on Imported Soybeans in China 2020-2024

Seed Treatment Market: By Type (Insecticides, Fungicides, Other chemical treatment and Nonchemical); By application time (Pre-treated and Farm-treated); By Crop Type (Corn/Maize, Soybean, Wheat, Canola, Cotton and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

The post Research report on imported soybeans in China 2020-2024 first appeared on CRI Report.

Research report on imported grape wine in China 2020-2024

admin — Wed, 15 Jul 2020 01:51:43 +0000

Description
According to CRI, China is the world’s fifth largest wine consumer. Grape wine is the second largest alcoholic beverage in the world after beer and has a long history in China, but it is relatively inferior to other liquors.
There are largely low-end domestic wine products in China’s wine market, and demand for high-end grape wine relies on import.
According to CRI, the production of Chinese-made wine has been declining year by year since 2015. Besides, due to the shortcomings of high planting cost, backward mode and low efficiency, domestic grape wine has disadvantages in the competition with imported grapes.
The youth group is the major consumer of wine.
China’s total grape wine consumption is not low, but per capita consumption is well below the world average. Thus, China’s grape wine per capita consumption is expected to rise in the future.
Total grape wine import volume decreased year by year, from 737.04 million liters in 2017 to 612.49 million liters in 2019, but the import value in 2018 was higher than that in 2017, and the average price of imported grape wine in 2019 was USD 3.97 per liter, higher than that USD 3.70 per liter in 2017. It can be seen that Chinese consumers began to pay more attention to quality than quantity for grape wine.
In the first five months of 2020, affected by the epidemic situation, the import volume of wine decreased by 32.20% in the same period, and the price also declined.
Still grape wine occupied more share of China’s total imports, but decreased year on year. On the contrast, import volume of sparkling grape wine was relatively low, however showed an increasing trend. France, Australia, and Chile are major sources of China’s grape wine imports.
Compared with European industrial powers, the development of China’s wine industry is relatively late. The development of wine market is limited by the lack of efficient product promotion channels and narrow audience range.
According to CRI, considering many factors, it is estimated that after the end of the epidemic in 2020, the import volume of wine will rise in 2021, and then decrease in the total value. However, the proportion of imported high-grade wine will rise, and it will still maintain a large market in the total amount, with a value of about 1.80 billion USD by 2024. Among all types of grape wine, sparkling grape wine imports is expected to keep increasing, while other still grape wine imports are estimated to decrease.

Readers may obtain the following information through this report:
– Economic Environment of Grape Wine Industry in China
– Policies in Imported Grape Wine in China
– Analysis of Supply and Demand of Grape Wine in China
– Analysis of Imported Grape Wine in China
– Analysis of Major Sources of Grape Wine in China
– Price Trend of Imported Grape Wine in China
– Driving Forces and Opportunities of Imported Grape Wine in China
– Forecast on Imported Grape Wine in China 2020-2024

The post Research report on imported grape wine in China 2020-2024 first appeared on CRI Report.

Research report on imported salmon in China 2020-2024

admin — Wed, 15 Jul 2020 01:51:43 +0000

Description
Salmon is the common name for several species of ray-finned fish in the family Salmonidae.
With high nutrition, salmon becomes more and more common in Chinese people’s life. 75% of salmon in China is used in restaurants and hotels.
According to CRI, in terms of global consumption of salmon, China has a large share. From 2015 to 2018, China’s salmon consumption growth rate was the second in the world. Specifically, the growth of frozen market is relatively stable, while the growth of fresh market is very fast.
According to CRI, domestic salmon consumption demand is not small, but domestic salmon is relatively difficult to seize the market, because the cost of breeding salmon in China is high, and the quality is not better than imported salmon. Thus, more than 60% of salmon consumption in China relies on imports.
According to CRI, in 2019, China imported 89,721 tons of salmon, worth USD 782.67 million, with the average price USD 8,723 per ton.
Norwegian salmon and Chilean salmon are the two major products in China’s salmon market.
China’s per capita consumption of salmon is currently only 60 grams per year, while Europe’s consumption is about 2 kg, which means that the consumption market of salmon in China is far from saturation, and it still has great development potential.
Despite the global supply chain disruption caused by the COVID-19, salmon was relatively less affected because fish cannot be infected with the coronavirus.
However, the report about new outbreak in Beijing still caused panic among some Chinese consumers and reduced some purchase of salmon.
According to CRI, it is expected that the salmon import in 2020 would be negatively affected, and the original growth rate would be restored after 2021. By 2024, it is estimated that China’s salmon import volume would reach 208.80 kilo tons, about USD 1,841 million.
Moreover, the main categories of salmon imported in China would be fresh or chilled salmon, followed by frozen salmon, and a small number of prepared salmon and smoked salmon.
According to CRI, the main sources of imports would be Chile, Norway, Faroe and other countries, among which the fresh salmon is expected to mainly come from Norway and Chile, while the frozen salmon is expected to mainly come from Chile.

Readers may obtain the following information through this report:
– Economic Environment of Salmon Industry in China
– Policies in Imported Salmon in China
– Analysis of Supply and Demand of Salmon in China
– Analysis of Imported Salmon in China
– Analysis of Major Sources of Salmon in China
– Price Trend of Imported Salmon in China
– Driving Forces and Opportunities of Imported Salmon in China
– Forecast on Imported Salmon in China 2020-2024

The post Research report on imported salmon in China 2020-2024 first appeared on CRI Report.

Research Report on China Wig Export 2020-2024

admin — Wed, 15 Jul 2020 01:51:42 +0000

Description
Materials of wigs include human hair, chemical fiber, high-temperature protein silk and animal hair, etc. Among them, human hair wigs are the best, and most expensive.
The exported wig products from China can be divided into four types: raw material of wigs, human hair wigs, chemical fiber wigs, and other material wigs.
China’s wig export accounts for more than 70% of the global supply.
According to CRI, in 2019, China exported 67.08 thousand tons wig products, valued USD 3.59 billion, with average price USD 53.56 per kilogram.
Affected by the COVID-19, the export volume of wigs has decreased in the first five months of 2020, but the price kept rising, especially raw materials of wigs.
The world’s largest consumer market of wigs is North America, which accounts for 62% of the global share. Africa is another main market of wig consumption, since African women needs lots of wigs. At present, South America is also becoming an important market of wigs.
According to CRI, the major departures of China’s wig export are Henan, Shandong and Zhejiang. Especially Henan Province has the most developed wig industry.

Readers may obtain the following information through this report:
– Economic Environment of Wigs Industry in China
– Policies in Exported Wigs in China
– Analysis on Supply of Wigs in China
– Analysis of Exported Wigs in China
– Analysis of Major Destinations of Exported Wigs in China
– Price Trend of Exported Wigs in China

Organic Personal Care Products Market: Market Segments: By Product (Skin Care, Hair Care, Oral Care, Cosmetics and Others); By Distribution Channel (Hypermarket/Supermarkets, Specialist Retail Stores, Online Retail Stores and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

The post Research Report on China Wig Export 2020-2024 first appeared on CRI Report.

Research Report on Imported Barley in China 2020-2024

admin — Wed, 15 Jul 2020 01:51:42 +0000

Description
According to CRI, with the development of feed and beer industries, China has a large consumption scale of barley, while the domestic supply was only around 1 million tons per year, which leads to high import dependence.
The annual production of barley was decreasing year by year, and even only 956.50 kilotons in 2018. The main reasons are that the cultivated land decreased, and farmers turned to plant other higher value grain, such as wheat.
Chinese farmers do not have large-scale planting and unified field management as foreign farmers, thus imported barley has obvious price advantage over domestic barley.
According to CRI, in 2019, China imported 5.93 million tons of barley, worth USD 1.56 billion.
From 2017 to April 2020, Australia was the largest source of barley imports in China. At least half of Australia’s annual barley exported to China, but the proportion of Australian barley keep decreasing year by year. Moreover, in 2020, the Ministry of Commerce issued announcement to increase tariffs on Australian barley due to anti-dumping.
Out of protecting cultivated land, barley planting area and production is estimated to decrease in the future.
According to CRI, although feed and beer industries are impacted by the COVID-19 in early 2020, it is expected to recover after the pandemic. According to CRI, the demand of barley would slightly drop in 2020, and then go up in next years. In addition, the major sources of barley imports would be Canada, France, and Ukraine. Australia is expected to be the third or fourth largest source of barley due to tariffs.

Readers may obtain the following information through this report:
– Economic Environment of Barley Industry in China
– Policies in Imported Barley in China
– Analysis of Supply and Demand of Barley in China
– Analysis of Imported Barley in China
– Analysis of Major Sources of Barley in China
– Price Trend of Imported Barley in China
– Driving Forces and Opportunities of Imported Barley in China
– Forecast on Imported Barley in China 2020-2024

The post Research Report on Imported Barley in China 2020-2024 first appeared on CRI Report.

Research Report on China Tire Export 2020-2024

admin — Wed, 15 Jul 2020 01:51:41 +0000

Description
China’s annual production of pneumatic tires was more than 800 million in 2015-2019, the highest output was 1.04 billion in 2018. Due to the upstream rubber industry and the downstream automobile industry, the tire production in 2019 has declined, only 842.26 million.
According to CRI, the tires exported by China are new pneumatic tires, which are mainly used for passenger cars and commercial vehicles (buses and lorries).
According to CRI, from 2017 to 2019, the export volume increased from 289.59 million to 315.58 million. Affected by the COVID-19 from January to April 2020, the number of tire exports is relatively small, only 84.71 million, down by 13.45 million, or 13.70% compared to the same period in 2019.
Although the volume of passenger car tires exports is more than that of commercial car tires, the amount of commercial car tires exports is higher. In 2019, the export volume of passenger car tires was 223.23 million, the value was USD 5,569.82 million, while the volume of commercial vehicle tires was 92.36 million, worth USD 7,350.04 million.
The export destinations of passenger car tires are always relatively scattered, with only the UK keeping ranking the first, accounting for 8-10% of the total volume. While commercial vehicle tires were mainly exported to the United States. Even in the face of the Sino-U.S. trade war and epidemic situation, the United States was still the first export destination, accounting for 14-26% of the total volume.
China government encourages enterprises to export tires, while lots of other countries have raised tariffs on Chinese tires. Considering pandemic and other factors, the export is estimated to be relatively low in 2020 and gradually recovered after 2021.
According to CRI, the USA, the UK and Mexico are expected to be the top three export destinations in next five years, followed by Germany, Saudi Arabia and the United Arab Emirates.

Readers may obtain the following information through this report:
– Economic Environment of Tires Industry in China
– Policies in Exported Tires in China
– Analysis on Supply of Tires in China
– Analysis of Exported Tires in China
– Analysis of Major Destinations of Exported Tires in China
– Price Trend of Exported Tires in China
– Driving Forces and Opportunities of Exported Tires in China
– Forecast on Exported Tires in China 2020-2024

The post Research Report on China Tire Export 2020-2024 first appeared on CRI Report.

Research Report on China Disposal Face Mask Industry 2020-2024

admin — Wed, 15 Jul 2020 01:51:39 +0000

Description
Globally, as of 13 July 2020, there have been 13,235,751 confirmed cases of COVID-19, including 575,525 deaths.
Since COVID-19 is spreading over 100 countries, there are more than 13 million confirmed cases and more than 500,000 deaths, disposable medical masks are in shortage. Although many enterprises doubled their production capacities, there is still a big gap between supply and demand.
The imports of face masks rose by 692.16%, while the exports declined by 12.42% in the first quarter of 2020, compared to the same period of 2019 in China. Meanwhile, the price of N95 respirators and surgical masks has also surged dramatically.
According to CRI, during the epidemic, the largest source of masks imported to China was South Korea, accounting for 22.08%. And the main destination of Chinese face mask exports is the United States, which accounts for 36.64%
According to CRI, the major brand owners of face masks can be divided by three types: international brands of N95 respirators, other surgical masks brands, and OEM enterprises.

CRI estimates that global market scale of medical masks would be approximately USD 3 billion, especially market of N95 masks would be at least USD 2 billion in next five years. Moreover, due to shortage of production capacity in other countries, China would be the main producer of medical face masks over the world by the end of 2020. However, with the expansion of production capacity in other countries, the global dependence on Chinese face masks will gradually decline in next years.

Readers may obtain the following information through CRI report:
– Economic Environment of Disposal Face Mask Industry in China
– Policies of Disposal Face Mask in China
– Analysis of Supply and Demand of Disposal Face Mask in China
– Analysis of Imported and Exported Disposal Face Mask in China
– Analysis of Major Sources of Disposal Face Mask in China
– Price Trend of Disposal Face Mask in China
– Driving Forces and Opportunities of Imported and Exported Disposal Face Mask in China
– Forecast on Imported and Exported Disposal Face Mask in China 2020-2024

The post Research Report on China Disposal Face Mask Industry 2020-2024 first appeared on CRI Report.

Research Report on China Mobile Phone Export 2020-2024

admin — Wed, 15 Jul 2020 01:51:39 +0000

Description
According to CRI, from 2017 to 2019, the total volume of China’s mobile phone exports declined from 1,213.22 million to 994.09 million. Although the total export volume showed a trend of decreasing, the export value in 2018 increased by 11.52% compared to 2017, reaching USD 140.64 billion. China’s mobile phone export price was also at the highest level in 2018, increased by 20.92% year on year, due to the rapid development of domestic high-end smart phones and the rising cost of core parts.
2018 is a year of strong rise of domestic smart phones, especially high-end ones. The competitiveness of domestic medium and high-end smart phones represented by Huawei mobile phones has been enhanced, and even penetrated the price band exclusive to Apple mobile phones.
Hong Kong is always the biggest market among China’s mobile phone export destinations.
According to CRI, more than half of China’s mobile phone exports came from Guangdong Province. Huaqiangbei, located in Shenzhen, Guangdong Province, is the most prosperous commercial street in Shenzhen, also the main hub of domestic electronic products circulation, especially famous for its mobile phone wholesale and retail business.
China’s government encourages enterprises to export mobile phones, with export tax rebate rate 13%, while the USA levied additional duty on Chinese mobile phones.

Readers may obtain the following information through this report:
– Economic Environment of Mobile Phone Industry in China
– Policies in Exported Mobile Phone in China
– Analysis on Supply of Mobile Phone in China
– Analysis of Exported Mobile Phone in China
– Analysis of Major Destinations of Exported Mobile Phone in China
– Price Trend of Exported Mobile Phone in China

The post Research Report on China Mobile Phone Export 2020-2024 first appeared on CRI Report.