| Product Code: ETC6755968 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China vegetable oil import market in 2024 continued to be dominated by top exporting countries such as Indonesia, Malaysia, Myanmar, Philippines, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a negative compound annual growth rate (CAGR) of -4.7% from 2020 to 2024, with a significant decline in growth rate of -33.47% from 2023 to 2024. These trends suggest a challenging environment for vegetable oil importers in China, possibly influenced by various factors impacting the market dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Vegetable Oil Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Vegetable Oil Market Revenues & Volume, 2021 & 2031F |
3.3 China Vegetable Oil Market - Industry Life Cycle |
3.4 China Vegetable Oil Market - Porter's Five Forces |
3.5 China Vegetable Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Vegetable Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Vegetable Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health awareness and preference for healthier cooking oils in China |
4.2.2 Growing population leading to higher demand for vegetable oil products |
4.2.3 Rising disposable income levels and changing lifestyles driving consumption of convenience foods in China |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of vegetable oil |
4.3.2 Stringent regulations and quality standards in the vegetable oil industry in China |
4.3.3 Competition from alternative oils such as palm oil and soybean oil |
5 China Vegetable Oil Market Trends |
6 China Vegetable Oil Market, By Types |
6.1 China Vegetable Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Vegetable Oil Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China Vegetable Oil Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 China Vegetable Oil Market Revenues & Volume, By Rapeseed (Canola) Oil, 2021- 2031F |
6.1.5 China Vegetable Oil Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.2 China Vegetable Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Vegetable Oil Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 China Vegetable Oil Market Revenues & Volume, By Feed, 2021- 2031F |
6.2.4 China Vegetable Oil Market Revenues & Volume, By Industrial, 2021- 2031F |
7 China Vegetable Oil Market Import-Export Trade Statistics |
7.1 China Vegetable Oil Market Export to Major Countries |
7.2 China Vegetable Oil Market Imports from Major Countries |
8 China Vegetable Oil Market Key Performance Indicators |
8.1 Consumer demand for organic and non-GMO vegetable oil products |
8.2 Adoption rate of technological innovations in vegetable oil production processes |
8.3 Sustainability practices and certifications in the vegetable oil industry |
9 China Vegetable Oil Market - Opportunity Assessment |
9.1 China Vegetable Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Vegetable Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Vegetable Oil Market - Competitive Landscape |
10.1 China Vegetable Oil Market Revenue Share, By Companies, 2024 |
10.2 China Vegetable Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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