Hong Kong SAR, China - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in Hong Kong SAR - 2023
Contents:
- Dry Vegetable Price in Hong Kong SAR (CIF) - 2023
- Dry Vegetable Price in Hong Kong SAR (FOB) - 2023
- Dry Vegetable Imports in Hong Kong SAR
- Dry Vegetable Exports in Hong Kong SAR
Dry Vegetable Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average dry vegetable import price amounted to $3,586 per ton, with an increase of 92% against the previous month. In general, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in January 2023 an increase of 99% m-o-m. The import price peaked at $6,167 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,725 per ton), while the price for China totaled $3,373 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (-1.0%).
Dry Vegetable Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average dry vegetable export price amounted to $5,146 per ton, dropping by -8.2% against the previous month. Over the period under review, the export price showed a noticeable shrinkage. The growth pace was the most rapid in July 2023 an increase of 79% against the previous month. The export price peaked at $10,440 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($19,819 per ton), while the average price for exports to Taiwan (Chinese) ($1,962 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Imports in Hong Kong SAR
After two years of decline, supplies from abroad of dry vegetables increased by 17% to 2.9K tons in 2022. In general, imports, however, faced a dramatic descent.
In value terms, dry vegetable imports skyrocketed to $6.4M in 2022. Overall, imports, however, recorded a abrupt downturn.
| Import of Dry Vegetable in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 2.8 | 2.5 | 4.5 | -16.4% |
| Japan | 0.3 | 1.1 | 0.8 | 1.0 | 49.4% |
| United States | 0.5 | 0.5 | 0.3 | 0.5 | 0.0% |
| Nigeria | 1.4 | 0.1 | N/A | N/A | -92.9% |
| Australia | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Others | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Total | 10.6 | 5.1 | 4.1 | 6.4 | -15.5% |
Top Suppliers of Dry Vegetable to Hong Kong SAR in 2022:
- China (2630.8 tons)
- Japan (131.6 tons)
- United States (48.0 tons)
- Australia (16.3 tons)
Dry Vegetable Exports in Hong Kong SAR
In 2022, shipments abroad of dry vegetables was finally on the rise to reach 499 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt slump.
In value terms, dry vegetable exports skyrocketed to $3M in 2022. Over the period under review, exports, however, showed a abrupt shrinkage.
| Export of Dry Vegetable in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 408 | 714 | 738 | 907 | 30.5% |
| Netherlands | 517 | 642 | 468 | 446 | -4.8% |
| Taiwan (Chinese) | 22.6 | 39.2 | 25.0 | 297 | 136.0% |
| Canada | 192 | 237 | 124 | 256 | 10.1% |
| Macao SAR | 270 | 304 | 327 | 239 | -4.0% |
| Australia | 210 | 147 | 120 | 159 | -8.9% |
| Italy | 137 | 97.0 | 82.0 | 158 | 4.9% |
| Mexico | 989 | 147 | N/A | N/A | -85.1% |
| Others | 798 | 624 | 448 | 535 | -12.5% |
| Total | 3,543 | 2,951 | 2,332 | 2,998 | -5.4% |
Top Export Markets for Dry Vegetable from Hong Kong SAR in 2022:
- Taiwan (Chinese) (155.8 tons)
- United States (104.8 tons)
- Netherlands (52.7 tons)
- Canada (34.3 tons)
- Australia (24.8 tons)
- Italy (24.5 tons)
- Macao SAR (20.7 tons)
This report provides an in-depth analysis of the dry vegetable 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 469 - Vegetables, Dehydrated
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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