Price for Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR (CIF) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR (FOB) - 2023
- Imports of Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR
- Exports of Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR
Price for Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR (CIF) - 2023
The average import price for cereal flours; other than of wheat or meslin stood at $1,143 per ton in November 2023, dropping by -3.3% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 15% month-to-month. The import price peaked at $1,256 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Vietnam ($1,517 per ton), while the price for Thailand amounted to $1,114 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Thailand (+0.5%).
Price for Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $1,263 per ton, with a decrease of -9.3% against the previous month. Over the period under review, the export price saw a mild descent. The growth pace was the most rapid in January 2023 when the average export price increased by 83% month-to-month. The export price peaked at $2,516 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the UK ($2,693 per ton), while the average price for exports to China ($980 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+6.3%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR
Imports of cereal flours; other than of wheat or meslin into Hong Kong SAR shrank markedly to 15K tons in 2022, which is down by -18.1% against the year before. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 18%.
In value terms, imports of cereal flours; other than of wheat or meslin dropped rapidly to $17M in 2022. Over the period under review, imports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports attained the peak of $20M, and then declined dramatically in the following year.
| Import of Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 19.2 | 17.1 | 20.0 | 16.6 | -4.7% |
| Others | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Total | 19.9 | 17.6 | 20.4 | 17.1 | -4.9% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Hong Kong SAR in 2022:
- Thailand (14.6K tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR
Exports of cereal flours; other than of wheat or meslin from Hong Kong SAR reduced remarkably to 5.4K tons in 2022, with a decrease of -44% compared with the previous year. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, the exports attained the peak of 9.7K tons, and then fell sharply in the following year.
In value terms, exports of cereal flours; other than of wheat or meslin contracted significantly to $7.5M in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports attained the peak of $11M, and then declined rapidly in the following year.
| Export of Cereal Flours; Other than of Wheat or Meslin in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 6.8 | 9.7 | 6.4 | -12.6% |
| United Kingdom | 0.3 | 0.6 | 0.5 | 0.4 | 10.1% |
| Netherlands | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Total | 10.5 | 8.1 | 10.9 | 7.5 | -10.6% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Hong Kong SAR in 2022:
- China (4.9K tons)
- United Kingdom (0.2K tons)
- Netherlands (0.1K tons)
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This report provides an in-depth analysis of the global non-wheat flour market.
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This report provides an in-depth analysis of the cereal flour market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the non-wheat flour market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global cereal flour market.
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This report provides an in-depth analysis of the global non-wheat flour market.
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