Hong Kong SAR, China - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLemon and Lime Price in Hong Kong SAR - 2023
Contents:
- Lemon and Lime Price in Hong Kong SAR (CIF) - 2023
- Lemon and Lime Price in Hong Kong SAR (FOB) - 2023
- Lemon and Lime Imports in Hong Kong SAR
- Lemon and Lime Exports in Hong Kong SAR
Lemon and Lime Price in Hong Kong SAR (CIF) - 2023
The average lemon and lime import price stood at $1,068 per ton in September 2023, increasing by 5.2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 18% against the previous month. As a result, import price reached the peak level of $1,556 per ton. From February 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($3,851 per ton), while the price for Argentina ($535 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 (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Lemon and Lime Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average lemon and lime export price amounted to $1,128 per ton, increasing by 10% against the previous month. Overall, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in March 2023 an increase of 39% month-to-month. The export price peaked at $2,060 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 Macao SAR ($1,365 per ton), while the average price for exports to China totaled $865 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+1.9%), while the prices for the other major destinations experienced a decline.
Lemon and Lime Imports in Hong Kong SAR
In 2022, the amount of lemons and limes imported into Hong Kong SAR dropped notably to 27K tons, which is down by -29.8% against the previous year's figure. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 38K tons, and then dropped dramatically in the following year.
In value terms, lemon and lime imports fell dramatically to $31M in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 17%.
| Import of Lemon and Lime in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 21.8 | 15.0 | 14.6 | 17.8 | -6.5% |
| China | 3.9 | 3.3 | 5.9 | 3.8 | -0.9% |
| Egypt | 3.9 | 3.9 | 3.2 | 3.2 | -6.4% |
| United States | 9.8 | 5.8 | 5.4 | 3.0 | -32.6% |
| Thailand | 1.0 | 0.7 | 0.9 | 0.7 | -11.2% |
| Singapore | 2.1 | 0.9 | 1.1 | 0.6 | -34.1% |
| Argentina | 0.6 | 1.0 | 4.4 | 0.6 | 0.0% |
| Turkey | 0.7 | 0.3 | 1.3 | 0.3 | -24.6% |
| Chile | 0.3 | 5.7 | 5.9 | 0.2 | -12.6% |
| Others | 1.0 | 1.1 | 1.4 | 0.9 | -3.5% |
| Total | 45.0 | 37.7 | 44.0 | 31.0 | -11.7% |
Top Suppliers of Lemon and Lime to Hong Kong SAR in 2022:
- South Africa (18.5K tons)
- Egypt (3.2K tons)
- United States (1.5K tons)
- China (1.4K tons)
- Argentina (0.6K tons)
- Singapore (0.5K tons)
- Turkey (0.3K tons)
- Thailand (0.3K tons)
- Chile (0.2K tons)
Lemon and Lime Exports in Hong Kong SAR
Lemon and lime exports from Hong Kong SAR reduced markedly to 3.4K tons in 2022, dropping by -66.6% against the previous year's figure. Overall, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, the exports reached the peak of 10K tons, and then shrank rapidly in the following year.
In value terms, lemon and lime exports shrank markedly to $3.9M in 2022. Over the period under review, exports saw a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of $11M, and then fell significantly in the following year.
| Export of Lemon and Lime in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 7.5 | 9.9 | 2.7 | -26.5% |
| Macao SAR | 0.8 | 0.6 | 0.5 | 0.8 | 0.0% |
| Philippines | 0.7 | 0.5 | 0.7 | 0.4 | -17.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 8.5 | 8.6 | 11.1 | 3.9 | -22.9% |
Top Export Markets for Lemon and Lime from Hong Kong SAR in 2022:
- China (2.6K tons)
- Macao SAR (0.6K tons)
- Philippines (0.2K tons)
This report provides an in-depth analysis of the lemon and lime 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 497 - Lemons and limes
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
- 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
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