Hong Kong SAR, China - Raspberries And Blackberries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRaspberry and Blackberry Price in Hong Kong SAR - 2023
Contents:
- Raspberry and Blackberry Price in Hong Kong SAR (CIF) - 2023
- Raspberry and Blackberry Price in Hong Kong SAR (FOB) - 2022
- Raspberry and Blackberry Imports in Hong Kong SAR
- Raspberry and Blackberry Exports in Hong Kong SAR
Raspberry and Blackberry Price in Hong Kong SAR (CIF) - 2023
The average raspberry and blackberry import price stood at $16,637 per ton in August 2023, declining by -12.1% against the previous month. Over the period under review, import price indicated temperate growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, raspberry and blackberry import price decreased by -12.1% against July 2023 indices. The growth pace was the most rapid in January 2023 an increase of 63% month-to-month. Over the period under review, average import prices hit record highs at $18,936 per ton in July 2023, and then fell in the following month.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Australia ($16,787 per ton), while the price for the UK ($15,464 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Raspberry and Blackberry Price in Hong Kong SAR (FOB) - 2022
The average raspberry and blackberry export price stood at $8,012 per ton in 2022, jumping by 27% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, raspberry and blackberry export price increased by +31.9% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 97%. As a result, the export price attained the peak level of $8,868 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +5.9% per year.
Raspberry and Blackberry Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of raspberries and blackberries, which decreased by -1.6% to 309 tons in 2022. In general, imports recorded a sharp slump.
In value terms, raspberry and blackberry imports reduced to $3.5M in 2022. Overall, imports saw a precipitous setback.
| Import of Raspberry and Blackberry in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,302 | 1,647 | 1,975 | 2,060 | -3.6% |
| Mexico | 748 | 812 | 1,026 | 672 | -3.5% |
| Chile | 3,013 | 2,147 | 226 | 367 | -50.4% |
| Australia | 371 | 333 | 323 | 214 | -16.8% |
| United Kingdom | 198 | 205 | 237 | 111 | -17.5% |
| Others | 367 | 81.4 | 19.8 | 89.9 | -37.4% |
| Total | 7,000 | 5,225 | 3,806 | 3,514 | -20.5% |
Top Suppliers of Raspberry and Blackberry to Hong Kong SAR in 2022:
- United States (155.2 tons)
- Chile (79.4 tons)
- Mexico (46.1 tons)
- Australia (11.9 tons)
- United Kingdom (8.3 tons)
Raspberry and Blackberry Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of raspberries and blackberries, which decreased by -87.9% to 3.4 tons in 2022. Overall, exports recorded a dramatic curtailment. The smallest decline of -54.2% was in 2021.
In value terms, raspberry and blackberry exports reduced notably to $27K in 2022. Over the period under review, exports recorded a dramatic slump. The smallest decline of -52.3% was in 2021.
| Export of Raspberry and Blackberry in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 899 | 366 | 175 | 26.9 | -69.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 899 | 366 | 175 | 26.9 | -69.0% |
Top Export Markets for Raspberry and Blackberry from Hong Kong SAR in 2022:
- Macao SAR (3.4 tons)
This report provides an in-depth analysis of the raspberry and blackberry 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 547 - Raspberries
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
- 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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