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Hong Kong SAR, China - Apple - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Apple Market Overview 2021

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Apple Market Size in Hong Kong SAR, China

The Hong Kong apple market amounted to $X in 2020, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed buoyant growth. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Apple consumption peaked in 2020 and is likely to see gradual growth in the near future.

Apple Exports

Exports from Hong Kong SAR, China

Apple exports from Hong Kong SAR dropped notably to X tonnes in 2020, which is down by -X% against 2019. Overall, exports, however, enjoyed a modest expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, apple exports declined sharply to $X in 2020. Over the period under review, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

China (X tonnes) was the main destination for apple exports from Hong Kong SAR, with a X% share of total exports. It was followed by Macao SAR (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to China amounted to +X%.

In value terms, China ($X) remains the key foreign market for apple exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was occupied by Macao SAR ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to China totaled +X%.

Export Prices by Country

In 2020, the average apple export price amounted to $X per tonne, approximately mirroring the previous year. Overall, export price indicated a perceptible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, apple export price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. The export price peaked at $X per tonne in 2015; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of destination; the country with the highest price was Macao SAR ($X per tonne), while the average price for exports to China amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR.

Apple Imports

Imports into Hong Kong SAR, China

In 2020, after two years of growth, there was significant decline in supplies from abroad of apples, when their volume decreased by -X% to X tonnes. In general, total imports indicated a measured expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2019, and then contracted dramatically in the following year.

In value terms, apple imports dropped markedly to $X in 2020. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019, and then declined rapidly in the following year.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of apple to Hong Kong SAR, with a X% share of total imports. Moreover, apple imports from China exceeded the figures recorded by the second-largest supplier, New Zealand (X tonnes), threefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and the U.S. (-X% per year).

In value terms, China ($X), New Zealand ($X) and the U.S. ($X) constituted the largest apple suppliers to Hong Kong SAR, together comprising X% of total imports. Japan, Chile and South Africa lagged somewhat behind, together accounting for a further X terms of the main suppliers, Japan saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average apple import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, import price indicated a measured increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, apple import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2019, and then reduced modestly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apples in the world?
+
China (39M tonnes) constituted the country with the largest volume of apple consumption, accounting for 47% of total volume. Moreover, apple consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (4.1M tonnes), tenfold. The third position in this ranking was occupied by the U.S. (3.9M tonnes), with a 4.7% share.
What are the largest producers of apples in the world?
+
China (40M tonnes) remains the largest apple producing country worldwide, accounting for 48% of total volume. Moreover, apple production in China exceeded the figures recorded by the second-largest producer, the U.S. (4.6M tonnes), ninefold. The third position in this ranking was occupied by Turkey (4.3M tonnes), with a 5.2% share.
What are the leading suppliers of apples to Hong Kong SAR, China?
+
In value terms, China ($77M), New Zealand ($47M) and the U.S. ($27M) appeared to be the largest apple suppliers to Hong Kong SAR, together accounting for 72% of total imports. These countries were followed by Japan, Chile and South Africa, which together accounted for a further 23%.
What are the leading importers of apples from Hong Kong SAR, China?
+
In value terms, China ($42M) remains the key foreign market for apple exports from Hong Kong SAR, comprising 96% of total exports. The second position in the ranking was occupied by Macao SAR ($1.5M), with a 3.4% share of total exports.
What is the average export price for apples in Hong Kong SAR, China?
+
In 2020, the average apple export price amounted to $1,227 per tonne, standing approx. at the previous year.
What is the average import price for apples in Hong Kong SAR, China?
+
The average apple import price stood at $1,310 per tonne in 2020, dropping by -1.8% against the previous year.

Product coverage:
• FCL 515 - Apples

This report provides an in-depth analysis of the apple 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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