Hong Kong SAR, China - Blueberries And Cranberries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBlueberry and Cranberry Price in Hong Kong SAR - 2023
Contents:
- Blueberry and Cranberry Price in Hong Kong SAR (CIF) - 2023
- Blueberry and Cranberry Price in Hong Kong SAR (FOB) - 2023
- Blueberry and Cranberry Imports in Hong Kong SAR
- Blueberry and Cranberry Exports in Hong Kong SAR
Blueberry and Cranberry Price in Hong Kong SAR (CIF) - 2023
The average blueberry and cranberry import price stood at $7,902 per ton in August 2023, with a decrease of -14.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 39% against the previous month. As a result, import price attained the peak level of $10,262 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($20,298 per ton), while the price for Peru ($6,522 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Chile (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Blueberry and Cranberry Price in Hong Kong SAR (FOB) - 2023
The average blueberry and cranberry export price stood at $6,388 per ton in August 2023, stabilizing at the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 178% m-o-m. The export price peaked at $14,792 per ton in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to +0.2% per month.
Blueberry and Cranberry Imports in Hong Kong SAR
In 2022, overseas purchases of blueberries and cranberries decreased by -6.8% to 26K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports attained the peak of 27K tons, and then contracted in the following year.
In value terms, blueberry and cranberry imports reduced to $154M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of $166M, and then contracted in the following year.
| Import of Blueberry and Cranberry in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 18.3 | 38.2 | 106 | 88.9 | 69.4% |
| Chile | 49.7 | 52.2 | 32.4 | 34.3 | -11.6% |
| South Africa | 0.5 | 1.6 | 3.0 | 5.6 | 123.7% |
| Zimbabwe | N/A | 0.6 | 3.8 | 4.7 | 179.9% |
| Morocco | 1.1 | 3.2 | 3.9 | 4.5 | 59.9% |
| Spain | 2.6 | 2.7 | 1.9 | 2.8 | 2.5% |
| United States | 6.2 | 5.7 | 4.5 | 0.9 | -47.4% |
| Others | 7.7 | 7.8 | 10.8 | 12.0 | 15.9% |
| Total | 86.1 | 112 | 166 | 154 | 21.4% |
Top Suppliers of Blueberry and Cranberry to Hong Kong SAR in 2022:
- Peru (15.8K tons)
- Chile (6.6K tons)
- South Africa (0.7K tons)
- Zimbabwe (0.5K tons)
- Morocco (0.4K tons)
- Spain (0.3K tons)
- United States (0.1K tons)
Blueberry and Cranberry Exports in Hong Kong SAR
After three years of growth, overseas shipments of blueberries and cranberries decreased by -11.9% to 20K tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% 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 +65.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of 23K tons, and then declined in the following year.
In value terms, blueberry and cranberry exports declined to $113M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of $125M, and then shrank in the following year.
| Export of Blueberry and Cranberry in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.5 | 76.9 | 125 | 112 | 21.5% |
| Others | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
| Total | 62.7 | 77.3 | 125 | 113 | 21.7% |
Top Export Markets for Blueberry and Cranberry from Hong Kong SAR in 2022:
- China (20.2K tons)
This report provides an in-depth analysis of the blueberry and cranberry 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 552 - Blueberries
- FCL 554 - Cranberries
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
663
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The price of blueberries and cranberries in June 2023 remained steady at $10,235 per ton (CIF, Hong Kong), matching the previous month's price.
368
In June 2023, the price of Strawberry was $9,605 per ton (CIF, Hong Kong), experiencing a decrease of -6.2% compared to the previous month.
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