Hong Kong SAR, China - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMango and Mangosteen Price in Hong Kong SAR - 2023
Contents:
- Mango and Mangosteen Price in Hong Kong SAR (CIF) - 2023
- Mango and Mangosteen Price in Hong Kong SAR (FOB) - 2023
- Mango and Mangosteen Imports in Hong Kong SAR
- Mango and Mangosteen Exports in Hong Kong SAR
Mango and Mangosteen Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average mango and mangosteen import price amounted to $2,206 per ton, surging by 2.6% against the previous month. Overall, the import price, however, showed a pronounced contraction. The pace of growth was the most pronounced in April 2023 when the average import price increased by 8.6% against the previous month. Over the period under review, average import prices hit record highs at $2,917 per ton in May 2023; however, from June 2023 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 the Philippines ($3,266 per ton), while the price for Taiwan (Chinese) ($1,303 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 the Philippines (-0.2%), while the prices for the other major suppliers experienced a decline.
Mango and Mangosteen Price in Hong Kong SAR (FOB) - 2023
The average mango and mangosteen export price stood at $2,147 per ton in September 2023, with a decrease of -13.2% against the previous month. In general, the export price recorded a noticeable slump. The growth pace was the most rapid in May 2023 when the average export price increased by 21% month-to-month. As a result, the export price attained the peak level of $3,612 per ton. From June 2023 to September 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -2.2% per month.
Mango and Mangosteen Imports in Hong Kong SAR
In 2022, approx. 44K tons of mangoes, mangosteens and guavas were imported into Hong Kong SAR; picking up by 41% compared with the year before. Overall, imports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. As a result, imports reached the peak of 101K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, mango and mangosteen imports skyrocketed to $107M in 2022. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year. As a result, imports attained the peak of $173M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Mango and Mangosteen in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 34.5 | 93.7 | 24.2 | 63.2 | 22.4% |
| Indonesia | 19.2 | 45.2 | 18.6 | 22.9 | 6.1% |
| Philippines | 17.5 | 11.2 | 12.1 | 11.6 | -12.8% |
| Taiwan (Chinese) | 4.4 | 9.3 | 7.5 | 4.4 | 0.0% |
| Australia | 4.6 | 5.1 | 2.2 | 1.8 | -26.9% |
| China | 1.0 | 1.1 | 0.6 | 1.2 | 6.3% |
| Malaysia | 3.9 | 5.5 | N/A | N/A | 41.0% |
| Others | 2.1 | 2.2 | 1.7 | 1.9 | -3.3% |
| Total | 87.2 | 173 | 66.7 | 107 | 7.1% |
Top Suppliers of Mango and Mangosteen to Hong Kong SAR in 2022:
- Malaysia (undefinedK tons)
- Thailand (27.6K tons)
- Indonesia (8.8K tons)
- Philippines (4.1K tons)
- Taiwan (Chinese) (1.9K tons)
- China (1.0K tons)
- Australia (0.5K tons)
Mango and Mangosteen Exports in Hong Kong SAR
Mango and mangosteen exports from Hong Kong SAR skyrocketed to 35K tons in 2022, jumping by 74% compared with 2021 figures. In general, exports showed a mild increase. The growth pace was the most rapid in 2020 when exports increased by 163% against the previous year. As a result, the exports reached the peak of 89K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, mango and mangosteen exports soared to $81M in 2022. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 162%. As a result, the exports attained the peak of $144M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Mango and Mangosteen in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.2 | 143 | 36.6 | 80.4 | 14.0% |
| Others | 0.6 | 0.6 | 0.5 | 0.4 | -12.6% |
| Total | 54.9 | 144 | 37.1 | 80.8 | 13.7% |
Top Export Markets for Mango and Mangosteen from Hong Kong SAR in 2022:
- China (34.6K tons)
This report provides an in-depth analysis of the mango and mangosteen 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 571 - Mangoes
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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