Hong Kong SAR, China - Cauliflower And Broccoli - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCauliflower and Broccoli Price in Hong Kong SAR - 2023
Contents:
- Cauliflower and Broccoli Price in Hong Kong SAR (CIF) - 2023
- Cauliflower and Broccoli Price in Hong Kong SAR (FOB) - 2022
- Cauliflower and Broccoli Imports in Hong Kong SAR
- Cauliflower and Broccoli Exports in Hong Kong SAR
Cauliflower and Broccoli Price in Hong Kong SAR (CIF) - 2023
The average cauliflower and broccoli import price stood at $1,224 per ton in June 2023, remaining stable against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 11% against the previous month. Over the period under review, average import prices hit record highs at $1,257 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +0.8% per month.
Cauliflower and Broccoli Price in Hong Kong SAR (FOB) - 2022
The average cauliflower and broccoli export price stood at $5,826 per ton in 2022, increasing by 16% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 32%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +5.6% per year.
Cauliflower and Broccoli Imports in Hong Kong SAR
In 2022, imports of cauliflower and broccoli into Hong Kong SAR expanded sharply to 19K tons, surging by 9.7% on the previous year's figure. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 106%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, cauliflower and broccoli imports skyrocketed to $22M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 121% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cauliflower and Broccoli in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 5.5 | 16.4 | 20.0 | 127.4% |
| Australia | 2.1 | 2.6 | 2.6 | 1.8 | -5.0% |
| Others | 0.3 | 0.6 | 0.3 | 0.4 | 10.1% |
| Total | 4.2 | 8.7 | 19.3 | 22.3 | 74.5% |
Top Suppliers of Cauliflower and Broccoli to Hong Kong SAR in 2022:
- China (18.2K tons)
- Australia (0.4K tons)
Cauliflower and Broccoli Exports in Hong Kong SAR
In 2022, approx. 1 tons of cauliflower and broccoli were exported from Hong Kong SAR; falling by -55.5% on the previous year's figure. Overall, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 33%.
In value terms, cauliflower and broccoli exports contracted notably to $5.9K in 2022. In general, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21%.
| Export of Cauliflower and Broccoli in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 13.0 | 9.3 | 11.3 | 5.9 | -23.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.0 | 9.3 | 11.3 | 5.9 | -23.2% |
Top Export Markets for Cauliflower and Broccoli from Hong Kong SAR in 2022:
- Macao SAR (1.0 tons)
This report provides an in-depth analysis of the cauliflower and broccoli 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 393 - Cauliflowers and broccoli
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
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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
667
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The growth rate in July 2022 was particularly high, with imports increasing by 43% compared to the previous month. Regarding the value, the imports of Cauliflower and Broccoli decreased to $2.2M in June 2023.
101
During the review period, Cabbage imports peaked in November 2023, with a value of $17M.
938
The global cauliflower and broccoli market expanded slightly to $23.1B in 2019, surging by 4.2% against the previous...
9014
Global cauliflower and broccoli consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
4516
Global cauliflower and broccoli exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
5891
Global cauliflower and broccoli imports amounted to X thousand tons in 2015, approximately equating the previous year level.
6023
In 2015, the countries with the highest levels of production were China (X thousand tons), India (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1652
Spain dominates in the global cauliflower and broccoli trade. In 2014, Spain exported X thousand tons of cauliflower and broccoli totaling X million USD, X% over the previous year. Its primary trading partner was the United Kingdom, where it supp
2016
In 2013, the countries with the largest production of cauliflower and broccoli in absolute volumes were China (X thousand tons), India (X thousand tons), Spain (X thousand tons) and Mexico (X thousand tons).
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Driven by increasing demand for cabbage worldwide, the market is expected to continue an upward consumption trend...
