Hong Kong SAR, China - Grapes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Grapes - Market Analysis, Forecast, Size, Trends and Insights

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Grape Price in Hong Kong SAR - 2023

Contents:

  1. Grape Price in Hong Kong SAR (CIF) - 2023
  2. Grape Price in Hong Kong SAR (FOB) - 2023
  3. Grape Imports in Hong Kong SAR
  4. Grape Exports in Hong Kong SAR

Grape Price in Hong Kong SAR (CIF) - 2023

In September 2023, the average grape import price amounted to $7,937 per ton, surging by 12% against the previous month. Overall, the import price posted a mild increase. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 69% m-o-m. Over the period under review, average import prices reached the maximum in September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($17,454 per ton), while the price for South Africa ($891 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Grape Price in Hong Kong SAR (FOB) - 2023

The average grape export price stood at $3,910 per ton in September 2023, jumping by 67% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $4,160 per ton in September 2022; however, from October 2022 to September 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 Macao SAR.

From September 2022 to September 2023, the rate of growth in terms of prices for Macao SAR amounted to -0.5% per month.

Grape Imports in Hong Kong SAR

In 2022, supplies from abroad of grapes decreased by -38.8% to 117K tons, falling for the second year in a row after two years of growth. Overall, imports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 0.1% against the previous year. As a result, imports attained the peak of 241K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, grape imports declined significantly to $310M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 4.9%. As a result, imports attained the peak of $548M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Grape in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru92.990.11021147.1%
Chile17720914680.8-23.0%
Australia13013210338.9-33.1%
South Africa37.333.231.021.2-17.2%
United States31.336.625.717.7-17.3%
India20.412.410.11.5-58.1%
Others33.935.237.536.72.7%
Total523548456310-16.0%

Top Suppliers of Grape to Hong Kong SAR in 2022:

  1. Peru (41.9K tons)
  2. Chile (41.4K tons)
  3. Australia (14.5K tons)
  4. South Africa (9.7K tons)
  5. United States (4.8K tons)
  6. India (0.8K tons)

Grape Exports in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of grapes, which decreased by -43.3% to 94K tons in 2022. Over the period under review, exports faced a significant curtailment. The smallest decline of -1% was in 2020.

In value terms, grape exports dropped rapidly to $218M in 2022. Overall, exports faced a deep setback. The smallest decline of -4.9% was in 2020.

Export of Grape in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China394374332215-18.3%
Others2.33.02.62.64.2%
Total396377334218-18.0%

Top Export Markets for Grape from Hong Kong SAR in 2022:

  1. China (92.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the grape 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 560 - Grapes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Hong Kong Sees 5% Increase in Grape Prices, Average Cost Reaches $2,435 per Ton
Aug 18, 2023
Eye 383

In May 2023, the Grape price reached $2,435 per ton (CIF, Hong Kong), showing a 4.8% increase compared to the previous month.

Exploring the Top Import Markets for Grapes Worldwide
Mar 14, 2024
Eye 151

Discover the top import markets for grapes, including the United States, Netherlands, Germany, and more. Learn about the key statistics and trends in the global grape market.

Robust Increase in Chinese Exports Buoys Global Grape Market
Apr 14, 2021
Eye 1415

Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape. 

Global Grape Market 2019 - China Emerges as the Largest Consumer, with the Highest Growth Rate over the Last Decade
Aug 29, 2019
Eye 2864

China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....

Which Country Consumes the Most Grapes in the World?
Feb 9, 2018
Eye 5108

Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.

Which Country Exports the Most Grapes in the World?
Feb 1, 2018
Eye 1205

Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Imports the Most Grapes in the World?
Jan 25, 2018
Eye 4192

Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.

Which Country Produces the Most Grapes in the World?
Oct 26, 2017
Eye 2562

In 2015, the countries with the highest levels of grape production were China (X thousand tons), the United States (X thousand tons), Italy (X thousand tons), together accounting for X% of total output.

Grape Market - Chile Is the World’s Leading Grape Exporter
Sep 23, 2015
Eye 1392

Chile continued its dominance in the global grape trade. In 2014, Chile exported X thousand tons of grape totaling X USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total grape exports in

South Africa Boosts Dried Grape Sales Abroad
Aug 12, 2021
Eye 909

Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.

Free Data: Grapes - Hong Kong SAR