Hong Kong SAR, China - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in Hong Kong SAR - 2023
Contents:
- Preserved Olive Price in Hong Kong SAR (CIF) - 2022
- Preserved Olive Price in Hong Kong SAR (FOB) - 2022
- Preserved Olive Imports in Hong Kong SAR
- Preserved Olive Exports in Hong Kong SAR
Preserved Olive Price in Hong Kong SAR (CIF) - 2022
The average preserved olive import price stood at $2,949 per ton in 2022, with a decrease of -6.9% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved olive import price decreased by -10.2% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 39% against the previous year. As a result, import price attained the peak level of $3,285 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($9,903 per ton), while the price for Singapore ($1,308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Olive Price in Hong Kong SAR (FOB) - 2022
The average preserved olive export price stood at $3,291 per ton in 2022, dropping by -25.2% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 69% against the previous year. The export price peaked at $4,401 per ton in 2021, and then fell significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($5,310 per ton), while the average price for exports to China ($1,520 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 Canada (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Olive Imports in Hong Kong SAR
In 2022, approx. 284 tons of olives prepared or preserved were imported into Hong Kong SAR; reducing by -1.8% on the previous year's figure. In general, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year.
In value terms, preserved olive imports reduced to $837K in 2022. Overall, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 12%.
| Import of Preserved Olive in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 768 | 273 | 288 | 272 | -29.2% |
| United Kingdom | 138 | 195 | 207 | 170 | 7.2% |
| Italy | 132 | 129 | 196 | 154 | 5.3% |
| United States | 95.4 | 62.6 | 28.6 | 69.4 | -10.1% |
| Greece | 123 | 71.2 | 54.1 | 60.2 | -21.2% |
| France | 46.0 | 24.8 | 55.6 | 34.2 | -9.4% |
| Singapore | 19.6 | 18.7 | 10.8 | 31.0 | 16.5% |
| China | 41.5 | 17.2 | 43.1 | 3.4 | -56.6% |
| Others | 37.3 | 27.7 | 31.9 | 42.7 | 4.6% |
| Total | 1,401 | 819 | 915 | 837 | -15.8% |
Top Suppliers of Preserved Olive to Hong Kong SAR in 2022:
- Spain (146.4 tons)
- Italy (46.0 tons)
- Singapore (23.7 tons)
- United States (21.3 tons)
- United Kingdom (17.2 tons)
- Greece (12.0 tons)
- France (5.2 tons)
- China (0.8 tons)
Preserved Olive Exports in Hong Kong SAR
In 2022, preserved olive exports from Hong Kong SAR rose sharply to 67 tons, growing by 9.9% on 2021. Overall, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 104%.
In value terms, preserved olive exports contracted significantly to $221K in 2022. Over the period under review, exports, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 163% against the previous year.
| Export of Preserved Olive in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.4 | 11.2 | 145 | 81.6 | 74.3% |
| Macao SAR | 155 | 59.9 | 68.0 | 60.5 | -26.9% |
| China | 300 | 4.4 | 12.3 | 42.1 | -48.0% |
| Canada | 12.6 | 2.4 | 18.7 | 13.6 | 2.6% |
| Netherlands | 6.5 | 15.0 | 15.4 | 13.2 | 26.6% |
| Others | 13.9 | 9.2 | 9.4 | 10.0 | -10.4% |
| Total | 504 | 102 | 269 | 221 | -24.0% |
Top Export Markets for Preserved Olive from Hong Kong SAR in 2022:
- China (27.7 tons)
- United States (17.8 tons)
- Macao SAR (14.9 tons)
- Canada (2.6 tons)
- Netherlands (2.5 tons)
This report provides an in-depth analysis of the preserved olive 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 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)
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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