Hong Kong SAR, China - Crispbread And Rusks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Crispbread, Rusk and Toasted Bread in Hong Kong SAR - 2023
Contents:
- Price for Crispbread, Rusk and Toasted Bread in Hong Kong SAR (CIF) - 2023
- Price for Crispbread, Rusk and Toasted Bread in Hong Kong SAR (FOB) - 2022
- Imports of Crispbread, Rusk and Toasted Bread in Hong Kong SAR
- Exports of Crispbread, Rusk and Toasted Bread in Hong Kong SAR
Price for Crispbread, Rusk and Toasted Bread in Hong Kong SAR (CIF) - 2023
The average import price for crispbread, rusks and toasted bread stood at $2,591 per ton in September 2023, growing by 8.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in April 2023 when the average import price increased by 18% m-o-m. The import price peaked at $2,782 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($6,036 per ton), while the price for Malaysia ($1,263 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 Australia (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crispbread, Rusk and Toasted Bread in Hong Kong SAR (FOB) - 2022
The average export price for crispbread, rusks and toasted bread stood at $4,709 per ton in 2022, rising by 9.1% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crispbread, rusk and toasted bread export price decreased by -3.9% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 38%. The export price peaked at $4,899 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($5,076 per ton), while the average price for exports to Mauritius ($1,890 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 Australia (+123.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crispbread, Rusk and Toasted Bread in Hong Kong SAR
Crispbread, rusk and toasted bread imports into Hong Kong SAR contracted sharply to 2K tons in 2022, waning by -27.5% compared with the previous year's figure. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 12%.
In value terms, crispbread, rusk and toasted bread imports declined significantly to $5M in 2022. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of $7.8M, and then dropped significantly in the following year.
| Import of Crispbread, Rusk and Toasted Bread in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 3.3 | 3.6 | 2.7 | -7.4% |
| Japan | 1.8 | 2.0 | 2.4 | 0.9 | -20.6% |
| South Korea | 0.8 | 0.7 | 0.8 | 0.5 | -14.5% |
| Thailand | 0.5 | 0.4 | 0.4 | 0.2 | -26.3% |
| Australia | 0.6 | 0.1 | 0.1 | 0.1 | -45.0% |
| Malaysia | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.4 | 0.5 | 0.4 | 0.5 | 7.7% |
| Total | 7.6 | 7.1 | 7.8 | 5.0 | -13.0% |
Top Suppliers of Crispbread, Rusk and Toasted Bread to Hong Kong SAR in 2022:
- China (1210.1 tons)
- South Korea (288.8 tons)
- Japan (231.0 tons)
- Thailand (47.8 tons)
- Australia (39.2 tons)
- Malaysia (30.1 tons)
Exports of Crispbread, Rusk and Toasted Bread in Hong Kong SAR
In 2022, shipments abroad of crispbread, rusks and toasted bread decreased by -53.6% to 215 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of 464 tons, and then declined markedly in the following year.
In value terms, crispbread, rusk and toasted bread exports dropped dramatically to $1M in 2022. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports reached the peak of $2M, and then declined significantly in the following year.
| Export of Crispbread, Rusk and Toasted Bread in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 1,169 | 1,495 | 1,496 | 927 | -7.4% |
| China | 61.1 | 51.5 | 496 | 55.6 | -3.1% |
| Mauritius | 7.6 | 6.3 | 6.6 | 20.0 | 38.1% |
| Others | 26.8 | 10.2 | 3.8 | 11.6 | -24.4% |
| Total | 1,265 | 1,563 | 2,003 | 1,014 | -7.1% |
Top Export Markets for Crispbread, Rusk and Toasted Bread from Hong Kong SAR in 2022:
- Macao SAR (182.5 tons)
- China (18.1 tons)
- Mauritius (10.6 tons)
This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread 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 10721130 - Crispbread
- Prodcom 10721150 - Rusks, toasted bread and similar toasted products
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
-
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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