Hong Kong SAR, China - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPimenta Pepper Price in Hong Kong SAR - 2023
Contents:
- Pimenta Pepper Price in Hong Kong SAR (CIF) - 2023
- Pimenta Pepper Price in Hong Kong SAR (FOB) - 2022
- Pimenta Pepper Imports in Hong Kong SAR
- Pimenta Pepper Exports in Hong Kong SAR
Pimenta Pepper Price in Hong Kong SAR (CIF) - 2023
The average pimenta pepper import price stood at $5,176 per ton in June 2023, jumping by 23% against the previous month. In general, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.3% 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, pimenta pepper import price increased by +23.4% against April 2023 indices. The growth pace was the most rapid in March 2023 an increase of 32% against the previous month. As a result, import price attained the peak level of $7,313 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($11,931 per ton), while the price for Spain ($3,815 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 Taiwan (Chinese) (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Pimenta Pepper Price in Hong Kong SAR (FOB) - 2022
The average pimenta pepper export price stood at $8,169 per ton in 2022, rising by 36% against the previous year. In general, the export price posted resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 57%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($17,546 per ton), while the average price for exports to China ($2,842 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pimenta Pepper Imports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in supplies from abroad of pimenta pepper, when their volume increased by 45% to 1.2K tons. In general, imports, however, saw a abrupt contraction.
In value terms, pimenta pepper imports surged to $4.8M in 2022. Over the period under review, imports, however, faced a drastic downturn.
| Import of Pimenta Pepper in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 4.8 | 2.1 | 3.7 | -15.4% |
| India | 0.4 | 0.4 | 0.4 | 0.6 | 14.5% |
| South Korea | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Total | 7.0 | 5.9 | 3.1 | 4.8 | -11.8% |
Top Suppliers of Pimenta Pepper to Hong Kong SAR in 2022:
- China (921.5 tons)
- India (172.8 tons)
- South Korea (61.6 tons)
- Taiwan (Chinese) (26.5 tons)
Pimenta Pepper Exports in Hong Kong SAR
In 2022, approx. 12 tons of pimenta pepper were exported from Hong Kong SAR; waning by -51.5% against the previous year. Over the period under review, exports showed a precipitous curtailment.
In value terms, pimenta pepper exports shrank significantly to $99K in 2022. Overall, exports faced a precipitous curtailment.
| Export of Pimenta Pepper in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 86.3 | 39.7 | 48.7 | 36.2 | -25.1% |
| Australia | 22.3 | 29.3 | 31.7 | 34.0 | 15.1% |
| Canada | 7.0 | 1.7 | 13.0 | 14.3 | 26.9% |
| Jamaica | 3.7 | 3.8 | 1.5 | 7.8 | 28.2% |
| Sweden | N/A | 5.0 | N/A | 4.6 | -4.1% |
| China | 20.3 | 22.0 | 2.0 | 0.1 | -83.0% |
| United States | 35.7 | 2.0 | 8.2 | N/A | -52.1% |
| Taiwan (Chinese) | 2,046 | 702 | N/A | N/A | -65.7% |
| Others | 63.4 | 10.5 | 45.8 | 2.2 | -67.4% |
| Total | 2,285 | 816 | 151 | 99.2 | -64.9% |
Top Export Markets for Pimenta Pepper from Hong Kong SAR in 2022:
- China (undefined tons)
- Australia (4.5 tons)
- Macao SAR (4.2 tons)
- Canada (1.6 tons)
- Jamaica (1.5 tons)
- Sweden (0.3 tons)
This report provides an in-depth analysis of the pimenta pepper 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 689 - Pimento
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
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This report provides an in-depth analysis of the pimenta pepper market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global pimenta pepper market.
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This report provides an in-depth analysis of the pimenta pepper market in Hong Kong SAR, China.
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The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
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Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
4996
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
15095
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015. From 2007 to 2015, it expanded with a CAGR of +X%.
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In 2015, the value of total imports on the global pepper market stood at X million USD, an increase of X million USD (or X%) than on the previous year. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical
1445
According to market research conducted by IndexBox, global pepper production was estimated at X thousand tons in 2015, an increase of X thousand tons than in 2014. In value terms, production reached record levels, increasing to X million USD
1214
India dominates in the global pepper trade. In 2014, India exported X thousand tons of pepper totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total pepper exports in value
