Hong Kong SAR, China - Mandarin and Clementine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMandarin and Clementine Price in Hong Kong SAR - 2023
Contents:
- Mandarin and Clementine Price in Hong Kong SAR (CIF) - 2023
- Mandarin and Clementine Price in Hong Kong SAR (FOB) - 2022
- Mandarin and Clementine Imports in Hong Kong SAR
- Mandarin and Clementine Exports in Hong Kong SAR
Mandarin and Clementine Price in Hong Kong SAR (CIF) - 2023
The average mandarin and clementine import price stood at $1,588 per ton in June 2023, falling by -28.2% against the previous month. Overall, import price indicated mild growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, mandarin and clementine import price decreased by -42.6% against February 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 46% against the previous month. Over the period under review, average import prices reached the peak figure at $2,767 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($14,111 per ton), while the price for South Africa ($1,262 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Egypt (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarin and Clementine Price in Hong Kong SAR (FOB) - 2022
The average mandarin and clementine export price stood at $1,418 per ton in 2022, shrinking by -3.8% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mandarin and clementine export price decreased by -7.9% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 40%. The export price peaked at $1,540 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,430 per ton), while the average price for exports to the Philippines totaled $1,322 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.3%), while the prices for the other major destinations experienced a decline.
Mandarin and Clementine Imports in Hong Kong SAR
In 2022, the amount of tangerines, mandarins, clementines, satsumas imported into Hong Kong SAR stood at 30K tons, remaining relatively unchanged against 2021. Over the period under review, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 3.5% against the previous year.
In value terms, mandarin and clementine imports dropped slightly to $47M in 2022. In general, imports, however, recorded a abrupt descent.
| Import of Mandarin and Clementine in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 15.7 | 15.7 | 16.5 | 20.3 | 8.9% |
| Australia | 35.5 | 20.3 | 12.2 | 11.2 | -31.9% |
| Japan | 2.0 | 2.9 | 3.8 | 5.0 | 35.7% |
| Peru | 2.9 | 3.4 | 8.2 | 3.8 | 9.4% |
| Taiwan (Chinese) | 3.0 | 2.5 | 1.8 | 2.2 | -9.8% |
| Egypt | 1.9 | 3.7 | 1.8 | 1.3 | -11.9% |
| Chile | 0.1 | 1.3 | 0.2 | 0.8 | 100.0% |
| Others | 3.1 | 3.5 | 2.8 | 2.7 | -4.5% |
| Total | 64.2 | 53.1 | 47.3 | 47.3 | -9.7% |
Top Suppliers of Mandarin and Clementine to Hong Kong SAR in 2022:
- South Africa (15.7K tons)
- Australia (5.4K tons)
- Peru (3.4K tons)
- Taiwan (Chinese) (1.3K tons)
- Egypt (1.0K tons)
- Chile (0.8K tons)
- Japan (0.7K tons)
Mandarin and Clementine Exports in Hong Kong SAR
In 2022, approx. 22K tons of tangerines, mandarins, clementines, satsumas were exported from Hong Kong SAR; with a decrease of -14.7% against 2021. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 32%.
In value terms, mandarin and clementine exports reduced markedly to $31M in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 26%.
| Export of Mandarin and Clementine in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.2 | 26.5 | 34.2 | 26.8 | -14.7% |
| Philippines | 2.3 | 2.8 | 3.0 | 4.0 | 20.3% |
| Others | 1.0 | 0.5 | 0.5 | 0.2 | -41.5% |
| Total | 46.5 | 29.8 | 37.7 | 30.9 | -12.7% |
Top Export Markets for Mandarin and Clementine from Hong Kong SAR in 2022:
- China (18.7K tons)
- Philippines (3.0K tons)
This report provides an in-depth analysis of the mandarin and clementine 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 495 - Tangerines, mandarins, clementines, satsumas
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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