Since 2005 China has been the largest country of edible oil consumption and the average edible oil consumption is about 18 kg per person that is close to 20 kg of the world’s average consumption of edible oil per person. From 2002 to 2006, Chinese edible oil consumption keeps the raise of average 10%, and according to this percentage, it is forecasting that in 2010 the consumption of edible oil will reach 35000000 ton. According to the data of custom, the proportion of import edible oil is rising rapidly and is about 30%-50%, especially, bean oil, palm oil, olive oil, grape seed oil and other edible oil. The following graph for your reference:

According to the above data analysis, Chinese Market will be a larger and noticeable market for edible oil companies in the future.

  Chinese Olive Oil Market ------- Market Trends

Chinese market, especially Chinese olive oil market, is becoming the focus of attention all over the world and China’s market is fully open to the world. Though there are some the adaptable regions of olive growing in the western China, but olive in China cannot be planted widely for lack of the planting technology, olive seeds, fund, technicians and many other reasons. At present the olive planting area accounts for 20,000 hectare and those olives trees are young and little olives are fructiferous and in autumn, so at present more than 100-brand olive oil appear in Chinese olive oil market, which nearly 100% import from Spain, Greece, Italy, Turkey, Tunis, Portugal, Jordan, Australia and so on. The main consumption cities of olive oil are Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin and other large and middle cities. According to the following graph, since 2001 the average proportion of import olive oil has been keeping the increases over 70% per year. With the same rate till 2008 that Beijing will hold Olympic Games, the amount of import olive oil will reach 20000 tons and till to 2010 that World Expo will be held in Shanghai it will be over 60,000 tons. China is the booming Market for olive oil and the scale will be larger. In a word, it is right time to expand your business in China.