Hong Kong SAR, China - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGrain Price in Hong Kong SAR - 2023
Contents:
- Grain Price in Hong Kong SAR (CIF) - 2022
- Grain Price in Hong Kong SAR (FOB) - 2022
- Grain Imports in Hong Kong SAR
- Grain Exports in Hong Kong SAR
Grain Price in Hong Kong SAR (CIF) - 2022
In 2022, the average grain import price amounted to $580 per ton, increasing by 6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2015 when the average import price increased by 35%. Over the period under review, average import prices attained the peak figure at $611 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($3,237 per ton), while the price for India ($345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Grain Price in Hong Kong SAR (FOB) - 2022
The average grain export price stood at $5,383 per ton in 2022, jumping by 16% against the previous year. In general, the export price saw significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 311% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($9,606 per ton), while the average price for exports to Canada ($138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.
Grain Imports in Hong Kong SAR
In 2022, the amount of cereal grains imported into Hong Kong SAR amounted to 23K tons, surging by 3.4% against the previous year. Over the period under review, imports, however, continue to indicate a pronounced downturn.
In value terms, grain imports expanded notably to $13M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Grain in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.5 | 6.4 | 7.1 | 7.7 | 0.9% |
| Peru | 2.1 | 1.7 | 1.5 | 2.2 | 1.6% |
| Australia | 0.3 | 0.6 | 0.9 | 1.6 | 74.7% |
| India | N/A | 0.2 | 0.8 | 0.7 | 87.1% |
| Myanmar | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Others | 2.1 | 1.5 | 2.0 | 1.3 | -14.8% |
| Total | 12.3 | 10.6 | 12.2 | 13.4 | 2.9% |
Top Suppliers of Grain to Hong Kong SAR in 2022:
- United States (16.8K tons)
- Australia (3.0K tons)
- India (2.0K tons)
- Peru (0.7K tons)
- Myanmar (0.1K tons)
Grain Exports in Hong Kong SAR
In 2022, grain exports from Hong Kong SAR soared to 364 tons, rising by 18% against 2021 figures. Overall, exports, however, recorded a mild slump.
In value terms, grain exports surged to $2M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Grain in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 131 | 593 | 986 | 1,482 | 124.5% |
| Macao SAR | 306 | 353 | 332 | 282 | -2.7% |
| Chile | N/A | N/A | N/A | 180 | 0% |
| Samoa | 25.7 | 6.3 | 6.2 | 9.1 | -29.3% |
| Canada | 14.7 | 18.9 | 2.9 | 2.3 | -46.1% |
| Nigeria | 27.9 | N/A | N/A | 1.9 | -59.2% |
| Malaysia | N/A | 19.3 | N/A | N/A | 0% |
| United States | 75.6 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | 167 | N/A | N/A | 0% |
| Others | 43.8 | 7.0 | 100 | 1.3 | -69.0% |
| Total | 624 | 1,164 | 1,427 | 1,959 | 46.4% |
Top Export Markets for Grain from Hong Kong SAR in 2022:
- China (260.0 tons)
- Macao SAR (52.7 tons)
- Chile (18.7 tons)
- Canada (16.3 tons)
- Samoa (6.0 tons)
- Nigeria (6.0 tons)
This report provides an in-depth analysis of the grain 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 108 - Cereals, nes
- FCL 103 - Mixed grain
- FCL 92 - Quinoa
- FCL 15 - Wheat
- FCL 71 - Rye
- FCL 44 - Barley
- FCL 75 - Oats
- FCL 56 - Maize
- FCL 27 - Rice, paddy
- FCL 83 - Sorghum
- FCL 89 - Buckwheat
- FCL 101 - Canary seed
- FCL 94 - Fonio
- FCL 97 - Triticale
- FCL 79 - Millet
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
372
This report provides an in-depth analysis of the grain market in Hong Kong SAR, China.
523
This report provides an in-depth analysis of the wheat market in Hong Kong SAR, China.
358
This report provides an in-depth analysis of the cereal market in Hong Kong SAR, China.
584
This report provides an in-depth analysis of the grain market in Hong Kong SAR, China.
222
This report provides an in-depth analysis of the durum wheat market in Hong Kong SAR, China.
3930
This report provides an in-depth analysis of the global grain market.
6620
This report provides an in-depth analysis of the global wheat market.
3579
This report provides an in-depth analysis of the global cereal market.
3178
This report provides an in-depth analysis of the global grain market.
633
This report provides an in-depth analysis of the global durum wheat market.
235
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
298
Explore the top import markets for wheat including Indonesia, Egypt, China, Algeria, Turkey, Italy, Philippines, Morocco, Japan, and Nigeria. Find out the key statistics and market insights using IndexBox platform.
674
In 2022, wheat price growth is forecast to slow down with sufficient global production and falling demand for feed grains in the U.S. and the EU. Global wheat output is set to remain at the 2021’s level of approx. 777M tons.
618
The average annual wheat price in the U.S. is forecast to drop by 2% y-o-y to $250 per ton in 2022, falling on reduced domestic consumption coupled with stable supply worldwide. The market balance will be buoyed by production gains in Argentina and the EU that will offset decreasing output in Brazil and Paraguay.
795
This year, harvests in the EU, the U.S., the UK, Argentina, Morocco and Ukraine are expected to increase, leading to a growth in wheat production. Even though global stockpiles of grains will remain high, there are boosted expectations for inflation due to forecasts of record demand and increased prices for other cereal grains. The rising global population and bioethanol production are key factors leading to this growth in demand for wheat. Another driving factor is the emerging trend in the EU to use more wheat in animal feed rather than barley.
2596
Global wheat production will reach 758.3 million tons in 2020, showing a slight decrease of 0.5 percent over the previous year's highs and still at a fairly high level.
14901
Global wheat consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
1640
In 2015, the countries with the highest levels of production were China (X thousand tons), India (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
1294
The U.S. dominates in the global wheat trade. In 2014, the U.S. exported X thousand tons of wheat totaling X million USD, X% under the previous year. Its primary trading partner was Japan, where it supplied X% of its total wheat exports in
386
Explore the top import markets for cereal around the world, including China, Japan, Mexico, Spain, Egypt, South Korea, Italy, Turkey, Algeria, and Indonesia. Discover key statistics and market insights from the IndexBox platform.
