Hong Kong SAR, China: Brewing Dregs Market 2024

Brewing Dregs Market Size in Hong Kong SAR, China

The Hong Kong brewing dregs market declined to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Brewing Dregs Production in Hong Kong SAR, China

In value terms, brewing dregs production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Brewing dregs production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Brewing Dregs Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of brewing or distilling dregs and waste decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, brewing dregs exports reduced modestly to $X in 2022. Overall, exports showed a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for brewing dregs exports from Hong Kong SAR, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%.

In value terms, China ($X) also remains the key foreign market for brewing or distilling dregs and waste exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%.

Export Prices by Country

The average brewing dregs export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Brewing Dregs Imports

Imports into Hong Kong SAR, China

In 2022, brewing dregs imports into Hong Kong SAR surged to X tons, with an increase of X% compared with 2021. Over the period under review, imports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, brewing dregs imports skyrocketed to $X in 2022. In general, imports enjoyed a mild expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest brewing dregs supplier to Hong Kong SAR, with a X% share of total imports. Moreover, brewing dregs imports from the United States exceeded the figures recorded by the second-largest supplier, the Philippines (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of brewing or distilling dregs and waste to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average brewing dregs import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brewing dregs import price decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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