Hong Kong SAR, China - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeach and Nectarine Price in Hong Kong SAR - 2023
Contents:
- Peach and Nectarine Price in Hong Kong SAR (CIF) - 2023
- Peach and Nectarine Price in Hong Kong SAR (FOB) - 2022
- Peach and Nectarine Imports in Hong Kong SAR
- Peach and Nectarine Exports in Hong Kong SAR
Peach and Nectarine Price in Hong Kong SAR (CIF) - 2023
The average peach and nectarine import price stood at $10,278 per ton in September 2023, with an increase of 10% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 376% against the previous month. As a result, import price attained the peak level of $10,635 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($11,350 per ton), while the price for China ($1,343 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 Chile (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Peach and Nectarine Price in Hong Kong SAR (FOB) - 2022
In 2022, the average peach and nectarine export price amounted to $1,758 per ton, declining by -2.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 22%. As a result, the export price reached the peak level of $2,148 per ton. From 2020 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.8% per year.
Peach and Nectarine Imports in Hong Kong SAR
In 2022, overseas purchases of peaches and nectarines decreased by -13% to 30K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23%.
In value terms, peach and nectarine imports dropped to $79M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of $86M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Peach and Nectarine in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 40.6 | 50.3 | 37.5 | 41.9 | 1.1% |
| Japan | 16.0 | 18.2 | 21.5 | 25.9 | 17.4% |
| Australia | 10.7 | 12.5 | 18.7 | 4.8 | -23.4% |
| Others | 5.9 | 5.4 | 6.4 | 6.4 | 2.7% |
| Total | 73.3 | 86.4 | 84.1 | 79.0 | 2.5% |
Top Suppliers of Peach and Nectarine to Hong Kong SAR in 2022:
- Chile (25.2K tons)
- Japan (2.2K tons)
- Australia (1.5K tons)
Peach and Nectarine Exports in Hong Kong SAR
In 2022, shipments abroad of peaches and nectarines decreased by -12.6% to 25K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year.
In value terms, peach and nectarine exports dropped to $44M in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.1%. As a result, the exports attained the peak of $52M, and then dropped in the following year.
| Export of Peach and Nectarine in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.7 | 47.8 | 51.3 | 43.8 | -0.7% |
| Others | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Total | 45.1 | 48.1 | 51.5 | 43.9 | -0.9% |
Top Export Markets for Peach and Nectarine from Hong Kong SAR in 2022:
- China (24.9K tons)
This report provides an in-depth analysis of the peach and nectarine 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 534 - Peaches and nectarines
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
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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
480
This report provides an in-depth analysis of the peach and nectarine market in Hong Kong SAR, China.
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In May 2023, the Peach And Nectarine price reached $10,635 per ton (CIF, Hong Kong), marking a significant 376% increase compared to the previous month.
40
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Global demand for peaches and nectarines is on the rise, with market consumption expected to increase over the next seven years. The market volume is projected to reach 31M tons by 2030, with a market value of $49.9B. China leads in consumption and production of peaches and nectarines, while Spain is the key exporter.
4664
Global peach and nectarine consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
4977
Global peach and nectarine exports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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Global peach and nectarine imports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
5499
In 2015, the country with the largest volume of the peach and nectarine output was China (X thousand tons), accounting for X% of global production.
