China - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights

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Ice Cream Price in China - 2023

Contents:

  1. Ice Cream Price in China (CIF) - 2023
  2. Ice Cream Price in China (FOB) - 2023
  3. Ice Cream Imports in China
  4. Ice Cream Exports in China

Ice Cream Price in China (CIF) - 2023

In September 2023, the average ice cream import price amounted to $4,900 per ton, reducing by -8.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in August 2023 an increase of 15% month-to-month. As a result, import price reached the peak level of $5,347 per ton, and then fell in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($9,715 per ton), while the price for Thailand ($1,361 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Ice Cream Price in China (FOB) - 2023

In September 2023, the average ice cream export price amounted to $1,904 per ton, shrinking by -8.4% against the previous month. Overall, the export price showed a slight curtailment. The pace of growth appeared the most rapid in January 2023 an increase of 9.2% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,345 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($4,345 per ton), while the average price for exports to South Korea ($1,209 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Ice Cream Imports in China

Ice cream imports into China declined markedly to 16K tons in 2022, which is down by -37.6% on 2021 figures. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 26K tons, and then contracted remarkably in the following year.

In value terms, ice cream imports shrank sharply to $74M in 2022. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports attained the peak of $122M, and then declined notably in the following year.

Import of Ice Cream in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France38.437.042.225.9-12.3%
Japan8.78.614.59.53.0%
United States5.91.612.08.512.9%
New Zealand22.613.516.16.8-33.0%
South Korea6.66.57.63.3-20.6%
Spain0.71.87.02.450.8%
Thailand2.92.12.11.9-13.1%
Italy2.42.12.11.5-14.5%
Ukraine0.70.90.81.012.6%
Malaysia1.60.81.40.8-20.6%
Russia2.84.84.70.6-40.2%
Taiwan (Chinese)5.2N/AN/AN/A0%
Others4.212.111.711.539.9%
Total10392.012273.6-10.6%

Top Suppliers of Ice Cream to China in 2022:

  1. France (5.5K tons)
  2. New Zealand (1.9K tons)
  3. United States (1.7K tons)
  4. South Korea (1.4K tons)
  5. Japan (1.3K tons)
  6. Thailand (0.8K tons)
  7. Spain (0.5K tons)
  8. Ukraine (0.4K tons)
  9. Italy (0.3K tons)
  10. Malaysia (0.3K tons)
  11. Russia (0.1K tons)

Ice Cream Exports in China

In 2022, shipments abroad of ice cream decreased by -38.9% to 22K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a pronounced increase. The pace of growth was the most pronounced in 2020 when exports increased by 66%.

In value terms, ice cream exports contracted markedly to $50M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 62%.

Export of Ice Cream in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines5.915.125.817.242.9%
Australia6.06.56.310.620.9%
Thailand1.11.45.46.177.0%
United States0.1N/A0.84.1244.8%
South Africa1.21.31.61.712.3%
New Zealand0.80.81.61.626.0%
Indonesia9.416.812.60.9-54.3%
South Korea0.20.50.60.965.1%
Others5.16.07.17.011.1%
Total29.848.361.849.918.7%

Top Export Markets for Ice Cream from China in 2022:

  1. Philippines (10.0K tons)
  2. Australia (5.2K tons)
  3. Thailand (1.7K tons)
  4. South Africa (0.9K tons)
  5. New Zealand (0.8K tons)
  6. United States (0.7K tons)
  7. South Korea (0.4K tons)
  8. Indonesia (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ice cream market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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