Hong Kong SAR, China - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Starch Price in Hong Kong SAR - 2023
Contents:
- Potato Starch Price in Hong Kong SAR (CIF) - 2023
- Potato Starch Price in Hong Kong SAR (FOB) - 2023
- Potato Starch Imports in Hong Kong SAR
- Potato Starch Exports in Hong Kong SAR
Potato Starch Price in Hong Kong SAR (CIF) - 2023
The average potato starch import price stood at $1,239 per ton in June 2023, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +3.5%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 21% m-o-m. Over the period under review, average import prices reached the peak figure at $1,255 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,301 per ton), while the price for Denmark ($979 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 Germany (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Starch Price in Hong Kong SAR (FOB) - 2023
The average potato starch export price stood at $2,161 per ton in June 2023, with an increase of 39% against the previous month. Overall, export price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, potato starch export price increased by +59.2% against March 2023 indices. The pace of growth was the most pronounced in September 2022 when the average export price increased by 67% m-o-m. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($3,735 per ton), while the average price for exports to Macao SAR ($1,321 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Starch Imports in Hong Kong SAR
In 2022, the amount of potato starch imported into Hong Kong SAR dropped sharply to 14K tons, falling by -27.2% on the previous year. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.
In value terms, potato starch imports reduced markedly to $13M in 2022. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.
| Import of Potato Starch in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 13.3 | 9.2 | 12.5 | 8.9 | -12.5% |
| Germany | 2.9 | 2.1 | 1.9 | 1.8 | -14.7% |
| Denmark | 0.7 | 1.0 | 1.1 | 1.4 | 26.0% |
| Poland | 3.3 | 1.4 | 1.4 | 0.9 | -35.2% |
| France | 0.7 | 0.8 | N/A | 0.3 | -24.6% |
| Others | 0.5 | 0.5 | 0.3 | 0.2 | -26.3% |
| Total | 21.3 | 15.0 | 17.2 | 13.4 | -14.3% |
Top Suppliers of Potato Starch to Hong Kong SAR in 2022:
- Netherlands (8.1K tons)
- Germany (2.0K tons)
- Denmark (1.8K tons)
- Poland (1.1K tons)
- France (0.4K tons)
Potato Starch Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of potato starch, which decreased by -14.2% to 2.2K tons in 2022. Overall, exports saw a deep slump. The smallest decline of -10.3% was in 2021.
In value terms, potato starch exports contracted to $3.3M in 2022. Over the period under review, exports continue to indicate a drastic downturn. The smallest decline of -2.7% was in 2021.
| Export of Potato Starch in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 2,000 | 1,410 | 1,617 | 1,356 | -12.1% |
| Australia | 1,294 | 1,108 | 1,272 | 1,107 | -5.1% |
| China | 823 | 741 | 348 | 261 | -31.8% |
| Netherlands | 160 | 186 | 116 | 188 | 5.5% |
| United Kingdom | 40.5 | 77.3 | 73.5 | 90.1 | 30.5% |
| Philippines | 150 | 47.8 | 20.0 | 53.8 | -29.0% |
| Malaysia | 20.9 | N/A | 19.0 | 38.4 | 22.5% |
| Others | 172 | 254 | 254 | 240 | 11.7% |
| Total | 4,662 | 3,824 | 3,720 | 3,334 | -10.6% |
Top Export Markets for Potato Starch from Hong Kong SAR in 2022:
- Macao SAR (1123.9 tons)
- Australia (417.8 tons)
- China (303.7 tons)
- Netherlands (80.0 tons)
- Philippines (45.3 tons)
- Malaysia (44.1 tons)
- United Kingdom (38.4 tons)
This report provides an in-depth analysis of the potato starch 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:
- Prodcom 10621115 - Potato starch
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
- 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 VOLUME AND VALUE
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
- 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
- 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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