Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR - 2023

Contents:

  1. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR (CIF) - 2023
  2. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR (FOB) - 2022
  3. Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR
  4. Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR (CIF) - 2023

The average import price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $818 per ton in October 2023, falling by -7.4% against the previous month. Over the period under review, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 46% month-to-month. As a result, import price reached the peak level of $1,293 per ton. From February 2023 to October 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From November 2022 to October 2023, the rate of growth in terms of prices for Thailand amounted to -1.0% per month.

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR (FOB) - 2022

The average export price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $775 per ton in 2022, picking up by 16% against the previous year. In general, the export price, however, faced a deep slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 27%. The export price peaked at $5,808 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($1,496 per ton), while the average price for exports to China amounted to $675 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+7.2%).

Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR

Imports of nuts, edible; coconuts, in the inner shell (endocarp)s into Hong Kong SAR dropped significantly to 3.7K tons in 2022, shrinking by -16.4% against the previous year. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports attained the peak of 4.4K tons, and then shrank significantly in the following year.

In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s shrank to $3.6M in 2022. Over the period under review, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 6.2% against the previous year. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3.94.44.03.6-2.6%
Others0.2N/AN/AN/A0%
Total4.14.44.13.6-4.2%

Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to Hong Kong SAR in 2022:

  1. Thailand (3.7K tons)

Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR

In 2022, overseas shipments of nuts, edible; coconuts, in the inner shell (endocarp)s decreased by -70% to 1.1K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 170%. As a result, the exports attained the peak of 3.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s reduced remarkably to $848K in 2022. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 243%. As a result, the exports attained the peak of $4.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.24.12.30.6-20.6%
Macao SARN/A0.10.20.241.4%
OthersN/AN/AN/AN/A0%
Total1.24.22.40.8-12.6%

Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Hong Kong SAR in 2022:

  1. China (960.9 tons)
  2. Macao SAR (133.5 tons)

Source: IndexBox Market Intelligence Platform

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