Hong Kong SAR, China - Pulses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPulses Price in Hong Kong SAR - 2023
Contents:
- Pulses Price in Hong Kong SAR (CIF) - 2022
- Pulses Price in Hong Kong SAR (FOB) - 2022
- Pulses Imports in Hong Kong SAR
- Pulses Exports in Hong Kong SAR
Pulses Price in Hong Kong SAR (CIF) - 2022
The average pulses import price stood at $1,588 per ton in 2022, with an increase of 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,706 per ton), while the price for the United Arab Emirates ($708 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pulses Price in Hong Kong SAR (FOB) - 2022
The average pulses export price stood at $1,801 per ton in 2022, waning by -15.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $2,125 per ton in 2021, and then fell remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,869 per ton), while the average price for exports to the United Arab Emirates ($567 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 the UK (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Pulses Imports in Hong Kong SAR
In 2022, supplies from abroad of pulses decreased by -0.6% to 7.8K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of 6.1%. As a result, imports attained the peak of 9.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pulses imports expanded rapidly to $12M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 9.9%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Pulses in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 7.6 | 7.6 | 6.8 | -1.4% |
| Myanmar | 0.3 | 0.6 | 0.2 | 1.5 | 71.0% |
| United States | 0.8 | 0.7 | 0.8 | 0.8 | 0.0% |
| Australia | 0.2 | 0.4 | 0.3 | 0.6 | 44.2% |
| India | 0.5 | 0.5 | 0.6 | 0.6 | 6.3% |
| Thailand | 0.6 | 0.5 | 0.4 | 0.5 | -5.9% |
| United Arab Emirates | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Others | 1.5 | 1.8 | 1.4 | 1.4 | -2.3% |
| Total | 11.2 | 12.3 | 11.4 | 12.4 | 3.5% |
Top Suppliers of Pulses to Hong Kong SAR in 2022:
- China (4005.1 tons)
- Myanmar (1255.7 tons)
- Australia (529.3 tons)
- United States (451.9 tons)
- Thailand (419.7 tons)
- India (389.2 tons)
- United Arab Emirates (152.1 tons)
Pulses Exports in Hong Kong SAR
After two years of decline, overseas shipments of pulses increased by 23% to 431 tons in 2022. Overall, exports, however, continue to indicate a deep downturn.
In value terms, pulses exports expanded slightly to $776K in 2022. Over the period under review, exports, however, saw a abrupt shrinkage.
| Export of Pulses in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 550 | 500 | 448 | 338 | -15.0% |
| United States | 188 | 212 | 152 | 190 | 0.4% |
| Canada | 62.3 | 79.4 | 58.7 | 115 | 22.7% |
| United Arab Emirates | N/A | N/A | N/A | 68.1 | 0% |
| Guam | 68.1 | 1.5 | N/A | 17.0 | -37.0% |
| China | 27.3 | 10.3 | 5.9 | 3.6 | -49.1% |
| Israel | 36.6 | N/A | N/A | N/A | 0% |
| Others | 110 | 104 | 81.7 | 43.8 | -26.4% |
| Total | 1,043 | 907 | 746 | 776 | -9.4% |
Top Export Markets for Pulses from Hong Kong SAR in 2022:
- Macao SAR (170.6 tons)
- United Arab Emirates (120.0 tons)
- United States (74.4 tons)
- Canada (48.4 tons)
- Guam (6.3 tons)
- China (2.5 tons)
This report provides an in-depth analysis of the pulses market 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 203 - Bambara beans
- FCL 176 - Beans, dry
- FCL 181 - Broad beans, dry
- FCL 191 - Chick-peas, dry
- FCL 195 - Cow peas, dry
- FCL 201 - Lentils, dry
- FCL 187 - Peas, dry
- FCL 197 - Pigeon peas
- FCL 211 - Pulses nes
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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