Hong Kong SAR, China - Vegetable Puree - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVegetable Puree Price in Hong Kong SAR - 2023
Contents:
- Vegetable Puree Price in Hong Kong SAR (CIF) - 2023
- Vegetable Puree Price in Hong Kong SAR (FOB) - 2023
- Vegetable Puree Imports in Hong Kong SAR
- Vegetable Puree Exports in Hong Kong SAR
Vegetable Puree Price in Hong Kong SAR (CIF) - 2023
The average vegetable puree import price stood at $4,898 per ton in June 2023, shrinking by -47.9% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 417% m-o-m. The import price peaked at $10,116 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($9,421 per ton), while the price for Taiwan (Chinese) ($1,557 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced a decline.
Vegetable Puree Price in Hong Kong SAR (FOB) - 2023
The average vegetable puree export price stood at $8,491 per ton in June 2023, falling by -84.7% against the previous month. In general, the export price saw a slight downturn. The growth pace was the most rapid in May 2023 when the average export price increased by 896% month-to-month. As a result, the export price reached the peak level of $55,654 per ton, and then reduced remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($18,511 per ton), while the average price for exports to China stood at $8,404 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+12.2%).
Vegetable Puree Imports in Hong Kong SAR
In 2022, supplies from abroad of vegetable puree decreased by -33.3% to 167 tons, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, imports attained the peak of 499 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, vegetable puree imports dropped sharply to $887K in 2022. Over the period under review, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Vegetable Puree in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,057 | 1,821 | 921 | 433 | -25.7% |
| France | 696 | 546 | 176 | 298 | -24.6% |
| Taiwan (Chinese) | 18.4 | 15.8 | 99.2 | 101 | 76.4% |
| United Kingdom | 60.1 | 101 | 84.2 | 29.1 | -21.5% |
| South Korea | 173 | 226 | 186 | 3.3 | -73.3% |
| Others | 134 | 23.5 | 0.3 | 23.1 | -44.3% |
| Total | 2,139 | 2,733 | 1,466 | 887 | -25.4% |
Top Suppliers of Vegetable Puree to Hong Kong SAR in 2022:
- China (58.1 tons)
- Taiwan (Chinese) (56.9 tons)
- France (43.5 tons)
- United Kingdom (5.6 tons)
- South Korea (0.7 tons)
Vegetable Puree Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of vegetable puree, which decreased by -79.3% to 33 tons in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -5.3% was in 2020.
In value terms, vegetable puree exports fell sharply to $240K in 2022. Overall, exports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 3.5%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Vegetable Puree in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,390 | 1,460 | 1,223 | 207 | -47.0% |
| Macao SAR | 55.0 | 33.3 | 30.5 | 33.4 | -15.3% |
| Singapore | 20.4 | 23.0 | N/A | N/A | 12.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,465 | 1,516 | 1,253 | 240 | -45.3% |
Top Export Markets for Vegetable Puree from Hong Kong SAR in 2022:
- China (24.9 tons)
- Macao SAR (8.1 tons)
This report provides an in-depth analysis of the vegetable puree 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 476 - Homogenized Vegetable Preparations
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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