Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR - 2023
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR (CIF) - 2022
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $10,040 per ton, with an increase of 21% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 increased by +109.4% against 2015 indices. The growth pace was the most rapid in 2017 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($26,525 per ton), while the price for Vietnam ($5,386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $15,542 per ton, picking up by 52% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($15,544 per ton), while the average price for exports to China stood at $5,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR
In 2022, purchases abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -49.1% to 72 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 53%. As a result, imports attained the peak of 195 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 declined dramatically to $724K in 2022. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 53%. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 236 | 108 | 155 | 157 | -12.7% |
| United Kingdom | 173 | 146 | 71.2 | 147 | -5.3% |
| United States | 219 | 1,011 | 521 | 143 | -13.2% |
| Vietnam | 202 | 113 | 153 | 97.5 | -21.6% |
| China | 1.7 | 9.2 | 68.1 | 87.2 | 271.6% |
| Australia | 52.6 | 54.8 | 79.4 | 50.7 | -1.2% |
| Taiwan (Chinese) | 77.9 | 31.5 | 58.4 | 38.1 | -21.2% |
| Others | 8.0 | 12.7 | 64.7 | 3.4 | -24.8% |
| Total | 970 | 1,486 | 1,171 | 724 | -9.3% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Hong Kong SAR in 2022:
- Vietnam (18.1 tons)
- United States (13.9 tons)
- China (13.4 tons)
- Germany (11.1 tons)
- United Kingdom (10.9 tons)
- Taiwan (Chinese) (2.4 tons)
- Australia (1.9 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR
In 2022, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 from Hong Kong SAR declined remarkably to 6.1 tons, which is down by -75.7% on 2021 figures. Over the period under review, exports continue to indicate a dramatic shrinkage. The smallest decline of -41.7% was in 2021.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 fell dramatically to $95K in 2022. In general, exports faced a dramatic contraction. The smallest decline of -59.3% was in 2021.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 479 | 494 | 147 | 95.2 | -41.6% |
| China | 1,327 | 140 | 112 | N/A | -70.9% |
| Others | 11.6 | N/A | N/A | N/A | 0% |
| Total | 1,817 | 634 | 258 | 95.2 | -62.6% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Hong Kong SAR in 2022:
- Macao SAR (6.1 tons)
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