Hong Kong SAR, China - Dried Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Vegetables Price in Hong Kong SAR - 2023
Contents:
- Dried Vegetables Price in Hong Kong SAR (CIF) - 2023
- Dried Vegetables Price in Hong Kong SAR (FOB) - 2023
- Dried Vegetables Imports in Hong Kong SAR
- Dried Vegetables Exports in Hong Kong SAR
Dried Vegetables Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average dried vegetables import price amounted to $1,289 per ton, jumping by 66% against the previous month. In general, the import price, however, continues to indicate a slight reduction. The growth pace was the most rapid in September 2022 an increase of 116% m-o-m. As a result, import price attained the peak level of $6,119 per ton. From October 2022 to June 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 Japan ($4,678 per ton), while the price for China amounted to $1,012 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-0.7%).
Dried Vegetables Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average dried vegetables export price amounted to $4,131 per ton, growing by 14% against the previous month. In general, the export price recorded a mild expansion. The pace of growth appeared the most rapid in July 2022 an increase of 179% month-to-month. The export price peaked at $10,440 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($13,838 per ton), while the average price for exports to Taiwan (Chinese) ($1,676 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Dried Vegetables Imports in Hong Kong SAR
Dried vegetables imports into Hong Kong SAR shrank to 2.1K tons in 2022, with a decrease of -13.9% compared with the previous year. In general, imports continue to indicate a sharp contraction.
In value terms, dried vegetables imports declined to $3.8M in 2022. Over the period under review, imports faced a sharp slump.
| Import of Dried Vegetables in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.6 | 2.7 | 2.2 | 2.4 | -31.9% |
| Japan | 0.3 | 1.1 | 0.7 | 0.5 | 18.6% |
| Nigeria | 1.4 | 0.1 | 0.4 | 0.4 | -34.1% |
| Australia | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Others | 0.7 | 0.7 | 0.5 | 0.4 | -17.0% |
| Total | 10.4 | 4.9 | 3.9 | 3.8 | -28.5% |
Top Suppliers of Dried Vegetables to Hong Kong SAR in 2022:
- China (1772.7 tons)
- Nigeria (164.5 tons)
- Australia (80.7 tons)
- Japan (39.3 tons)
Dried Vegetables Exports in Hong Kong SAR
In 2022, shipments abroad of dried vegetables and mixtures of vegetables was finally on the rise to reach 379 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp curtailment.
In value terms, dried vegetables exports soared to $2.9M in 2022. In general, exports, however, recorded a abrupt curtailment.
| Export of Dried Vegetables in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 408 | 714 | 714 | 789 | 24.6% |
| Netherlands | 517 | 642 | 452 | 571 | 3.4% |
| Macao SAR | 270 | 304 | 316 | 349 | 8.9% |
| Canada | 192 | 237 | 120 | 194 | 0.3% |
| Australia | 210 | 147 | 117 | 168 | -7.2% |
| New Zealand | 99.0 | 143 | 114 | 127 | 8.7% |
| Italy | 137 | 97.0 | 79.4 | 111 | -6.8% |
| Mexico | 989 | 147 | N/A | N/A | -85.1% |
| Others | 722 | 520 | 391 | 544 | -9.0% |
| Total | 3,543 | 2,951 | 2,304 | 2,852 | -7.0% |
Top Export Markets for Dried Vegetables from Hong Kong SAR in 2022:
- United States (94.1 tons)
- Netherlands (75.0 tons)
- Canada (38.7 tons)
- Macao SAR (33.2 tons)
- Australia (24.0 tons)
- New Zealand (23.5 tons)
- Italy (18.1 tons)
This report provides an in-depth analysis of the dried vegetables 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:
- Prodcom 10391390 - Dried vegetables (excluding potatoes, onions, mushrooms and truffles) and mixtures of vegetables, whole, cut, sliced, b roken or in powder, but not further prepared
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
- 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 VOLUME AND VALUE
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
- 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
- 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
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In August 2023, the import rate of Dried Vegetables experienced a remarkable growth, with a 210% increase compared to the previous month. Furthermore, the value of these imports reached $1.2M in September 2023.
101
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