Hong Kong SAR, China - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in Hong Kong SAR - 2023
Contents:
- Shelled Walnut Price in Hong Kong SAR (CIF) - 2023
- Shelled Walnut Price in Hong Kong SAR (FOB) - 2022
- Shelled Walnut Imports in Hong Kong SAR
- Shelled Walnut Exports in Hong Kong SAR
Shelled Walnut Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average shelled walnut import price amounted to $5,115 per ton, which is down by -19.1% against the previous month. Overall, the import price saw a perceptible setback. The growth pace was the most rapid in April 2023 when the average import price increased by 28% month-to-month. Over the period under review, average import prices hit record highs at $7,737 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($5,113 per ton), while the price for China stood at $4,894 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-1.3%).
Shelled Walnut Price in Hong Kong SAR (FOB) - 2022
In 2022, the average shelled walnut export price amounted to $8,542 per ton, jumping by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2013 an increase of 30%. Over the period under review, the average export prices reached the peak figure at $8,580 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($9,244 per ton) and Macao SAR ($9,105 per ton), while the average price for exports to Malaysia ($6,364 per ton) and Canada ($6,573 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Walnut Imports in Hong Kong SAR
In 2022, shelled walnut imports into Hong Kong SAR soared to 1K tons, with an increase of 42% against 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, shelled walnut imports soared to $8.3M in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 95%. As a result, imports attained the peak of $8.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Shelled Walnut in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.0 | 5.0 | 2.2 | 5.7 | 23.9% |
China | 1.2 | 3.1 | 1.8 | 2.3 | 24.2% |
Taiwan (Chinese) | 0.1 | 0.6 | 0.3 | 0.3 | 44.2% |
Others | 0.3 | 0.1 | 0.3 | N/A | 0.0% |
Total | 4.5 | 8.8 | 4.7 | 8.3 | 22.6% |
Top Suppliers of Shelled Walnut to Hong Kong SAR in 2022:
- United States (675.1 tons)
- China (308.6 tons)
- Taiwan (Chinese) (20.6 tons)
Shelled Walnut Exports in Hong Kong SAR
In 2022, overseas shipments of shelled walnuts decreased by -43.8% to 52 tons, falling for the second year in a row after two years of growth. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 974%. As a result, the exports attained the peak of 328 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, shelled walnut exports plummeted to $442K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,113% against the previous year. As a result, the exports reached the peak of $2.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Shelled Walnut in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 65.2 | 1,462 | 317 | 319 | 69.8% |
Singapore | 41.2 | 180 | 46.4 | 42.9 | 1.4% |
Canada | 4.6 | 73.3 | 10.6 | 38.7 | 103.4% |
Vietnam | 21.2 | N/A | N/A | 32.1 | 14.8% |
Malaysia | 1.9 | 78.1 | 1.3 | 8.9 | 67.3% |
Thailand | N/A | N/A | 154 | N/A | 0% |
China | 36.7 | 41.5 | 86.1 | N/A | 53.2% |
Philippines | 56.9 | 948 | N/A | N/A | 1566.1% |
Others | 1.7 | N/A | 3.6 | N/A | 45.5% |
Total | 229 | 2,782 | 619 | 442 | 24.5% |
Top Export Markets for Shelled Walnut from Hong Kong SAR in 2022:
- Macao SAR (35.1 tons)
- Canada (5.9 tons)
- Vietnam (4.7 tons)
- Singapore (4.6 tons)
- Malaysia (1.4 tons)
This report provides an in-depth analysis of the shelled walnut 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 222 - Walnuts
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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