Hong Kong SAR, China - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR - 2023
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR (CIF) - 2023
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR (FOB) - 2023
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR (CIF) - 2023
The average import price for malt extract and food preparations of flour, meal, and starches stood at $5,566 per ton in November 2023, with an increase of 20% against the previous month. Overall, import price indicated a measured expansion from November 2022 to November 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for malt extract and food preparations of flour, meal, and starches increased by +43.8% against September 2023 indices. The growth pace was the most rapid in August 2023 an increase of 49% against the previous month. As a result, import price attained the peak level of $5,944 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was New Zealand ($11,922 per ton), while the price for South Korea ($3,162 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $10,136 per ton, falling by -2.1% against the previous month. Over the period under review, export price indicated a temperate increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for malt extract and food preparations of flour, meal, and starches increased by +69.2% against August 2023 indices. The pace of growth was the most pronounced in September 2023 an increase of 64% against the previous month. The export price peaked at $10,787 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($16,257 per ton), while the average price for exports to Taiwan (Chinese) ($2,871 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 China (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR
In 2022, imports of malt extract and food preparations of flour, meal, and starches into Hong Kong SAR declined to 5.7K tons, waning by -10.1% on 2021. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 3.4% against the previous year.
In value terms, imports of malt extract and food preparations of flour, meal, and starches reduced notably to $23M in 2022. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 8.4% against the previous year.
| Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.2 | 10.8 | 15.1 | 8.6 | -15.4% |
| Malaysia | 7.0 | 5.1 | 1.9 | 3.3 | -22.2% |
| Taiwan (Chinese) | 2.9 | 2.5 | 2.8 | 2.1 | -10.2% |
| United States | 1.4 | 1.2 | 1.3 | 1.5 | 2.3% |
| Thailand | 1.3 | 1.2 | 1.7 | 1.3 | 0.0% |
| Japan | 3.6 | 1.6 | 2.1 | 1.2 | -30.7% |
| Australia | 1.0 | 0.9 | 0.8 | 1.0 | 0.0% |
| Singapore | 1.3 | 0.6 | 1.5 | 1.0 | -8.4% |
| New Zealand | 1.1 | 0.2 | 0.6 | 0.9 | -6.5% |
| South Korea | 0.3 | 0.9 | 0.8 | 0.5 | 18.6% |
| Indonesia | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Netherlands | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Others | 3.1 | 3.4 | 1.9 | 1.3 | -25.1% |
| Total | 37.6 | 28.7 | 31.1 | 23.3 | -14.7% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Hong Kong SAR in 2022:
- China (2059.6 tons)
- Malaysia (1011.4 tons)
- United States (419.3 tons)
- Taiwan (Chinese) (402.8 tons)
- Japan (313.6 tons)
- Australia (261.8 tons)
- Singapore (213.1 tons)
- Thailand (197.2 tons)
- New Zealand (166.0 tons)
- South Korea (146.0 tons)
- Indonesia (112.0 tons)
- Netherlands (89.8 tons)
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR
In 2022, the amount of malt extract and food preparations of flour, meal, and starches exported from Hong Kong SAR shrank dramatically to 1.9K tons, declining by -38.1% against the year before. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 6.5%. As a result, the exports reached the peak of 3K tons, and then dropped sharply in the following year.
In value terms, exports of malt extract and food preparations of flour, meal, and starches shrank sharply to $11M in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of $17M, and then declined rapidly in the following year.
| Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.2 | 11.1 | 12.5 | 6.5 | -10.9% |
| Macao SAR | 4.0 | 3.0 | 4.0 | 3.6 | -3.5% |
| United States | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
| Pakistan | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Total | 13.7 | 14.6 | 16.9 | 11.0 | -7.1% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Hong Kong SAR in 2022:
- China (1157.4 tons)
- Macao SAR (487.3 tons)
- United States (111.3 tons)
- Pakistan (35.7 tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
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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In January 2023, the price for malt extract and food preparations such as flour, meal, and starch totaled $3,393 per ton (CIF, Hong Kong, China), representing no change from the previous month.
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