Hong Kong SAR, China - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Nuts (Prepared or Preserved) in Hong Kong SAR - 2023

Contents:

  1. Price for Nuts (Prepared or Preserved) in Hong Kong SAR (CIF) - 2023
  2. Price for Nuts (Prepared or Preserved) in Hong Kong SAR (FOB) - 2023
  3. Imports of Nuts (Prepared or Preserved) in Hong Kong SAR
  4. Exports of Nuts (Prepared or Preserved) in Hong Kong SAR

Price for Nuts (Prepared or Preserved) in Hong Kong SAR (CIF) - 2023

In September 2023, the average nuts (prepared or preserved) import price amounted to $7,531 per ton, leveling off at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 14% against the previous month. The import price peaked at $8,223 per ton in July 2023; however, from August 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 Taiwan (Chinese) ($10,380 per ton), while the price for Kenya ($4,729 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 Taiwan (Chinese) (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts (Prepared or Preserved) in Hong Kong SAR (FOB) - 2023

In September 2023, the average nuts (prepared or preserved) export price amounted to $6,724 per ton, dropping by -6.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 64% m-o-m. As a result, the export price attained the peak level of $7,705 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Taiwan (Chinese) ($15,642 per ton), while the average price for exports to the United States ($1,931 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts (Prepared or Preserved) in Hong Kong SAR

In 2022, the amount of nuts (prepared or preserved) imported into Hong Kong SAR soared to 22K tons, rising by 84% compared with 2021 figures. In general, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nuts (prepared or preserved) imports skyrocketed to $156M in 2022. Over the period under review, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nuts (Prepared or Preserved) in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States54.621.825.510122.8%
China33.513.012.822.4-12.6%
Vietnam17.516.120.420.75.8%
Thailand7.37.26.21.1-46.8%
Others14.611.69.310.5-10.4%
Total12769.774.21567.1%

Top Suppliers of Nuts (Prepared or Preserved) to Hong Kong SAR in 2022:

  1. United States (13.7K tons)
  2. China (4.0K tons)
  3. Vietnam (2.2K tons)
  4. Thailand (0.5K tons)

Exports of Nuts (Prepared or Preserved) in Hong Kong SAR

In 2022, exports of nuts (prepared or preserved) from Hong Kong SAR totaled 10K tons, increasing by 3.3% on the year before. Overall, total exports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 57%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, nuts (prepared or preserved) exports surged to $64M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Nuts (Prepared or Preserved) in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China51.526.235.922.1-24.6%
Vietnam1.10.14.612.4124.2%
United Arab EmiratesN/AN/AN/A12.10%
Macao SAR6.34.56.57.87.4%
JordanN/AN/AN/A4.10%
Thailand0.1N/AN/A1.7157.1%
Others4.01.62.24.10.8%
Total62.932.449.264.40.8%

Top Export Markets for Nuts (Prepared or Preserved) from Hong Kong SAR in 2022:

  1. China (4.8K tons)
  2. United Arab Emirates (1.7K tons)
  3. Vietnam (1.7K tons)
  4. Macao SAR (0.7K tons)
  5. Jordan (0.6K tons)
  6. Thailand (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for nuts (prepared or preserved) 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 10392390 - Prepared or preserved nuts (other than groundnuts), and other seeds and mixtures (excluding by vinegar or acetic acid, f rozen, purees and pastes, preserved by sugar)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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