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Hong Kong SAR, China - Cucumbers And Gherkins - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 22, 2024

Hong Kong's Import of Cucumbers and Gherkins Dips Slightly to $25M in 2023

Hong Kong Cucumber And Gherkin Imports

In 2023, after two years of growth, there was significant decline in supplies from abroad of cucumbers and gherkins, when their volume decreased by -12% to 33K tons. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2022 when imports increased by 346%. As a result, imports attained the peak of 38K tons, and then shrank in the following year.

In value terms, cucumber and gherkin imports declined to $25M (IndexBox estimates) in 2023. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2022 when imports increased by 374% against the previous year. As a result, imports attained the peak of $29M, and then shrank in the following year. Hong Kong Cucumber And Gherkin Imports By Country (Million USD)

COUNTRY	Import Value of Cucumber And Gherkin in Hong Kong (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
China	1.6	2.9	2.3	1.8	3.9	12.5	10.4	3.8	4.0	27.4	23.6
Japan	0.5	0.5	0.5	0.5	1.0	1.0	1.3	1.0	1.1	0.9	0.9
Australia	0.2	0.2	0.1	0.1	0.2	0.2	0.2	0.3	0.3	0.3	0.3
Others	0.1	0.2	0.2	0.8	1.1	0.6	0.6	0.6	0.7	0.6	0.6
Total	2.4	3.9	3.1	3.3	6.2	14.2	12.5	5.7	6.2	29.2	25.3

Imports by Country

In 2023, China (33K tons) was the main supplier of cucumber and gherkin to Hong Kong, accounting for a 99% share of total imports. It was followed by Japan (177 tons), with a 0.5% share of total imports.

From 2013 to 2023, the average annual growth rate of volume from China amounted to +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+1.5% per year) and Australia (-2.5% per year).

In value terms, China ($24M) constituted the largest supplier of cucumbers and gherkins to Hong Kong, comprising 93% of total imports. The second position in the ranking was taken by Japan ($859K), with a 3.4% share of total imports.

From 2013 to 2023, the average annual growth rate of value from China amounted to +30.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+5.4% per year) and Australia (+3.2% per year).

Import Prices by Country

In 2023, the cucumber and gherkin price stood at $763 per ton (CIF, Hong Kong), standing approx. at the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 42% against the previous year. Over the period under review, average import prices attained the maximum at $773 per ton in 2022, and then shrank in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2023, the rate of growth in terms of prices for China amounted to +11.7% per year.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cucumber and gherkin market in Hong Kong SAR, 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:

FCL 397 - Cucumbers and gherkins

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023

Hong Kong SAR, China - Cucumbers And Gherkins - Market Analysis, Forecast, Size, Trends and Insights

Hong Kong's Import of Cucumbers and Gherkins Dips Slightly to $25M in 2023

Hong Kong Cucumber And Gherkin Imports

Imports by Country

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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