Report Update Apr 1, 2024

Hong Kong SAR, China - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Hong Kong SAR, China

The Hong Kong concentrated orange juice market surged to $X in 2021, picking up by 28% against the previous year. In general, consumption posted a remarkable increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Concentrated Orange Juice Production in Hong Kong SAR, China

In value terms, concentrated orange juice production shrank dramatically to $X in 2021 estimated in export price. In general, production recorded a mild decline. The growth pace was the most rapid in 2017 when the production volume increased by 188%. Concentrated orange juice production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Concentrated Orange Juice Exports

Exports from Hong Kong SAR, China

In 2021, concentrated orange juice exports from Hong Kong SAR contracted dramatically to X tons, dropping by -53.2% on the previous year's figure. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated orange juice exports contracted rapidly to $X in 2021. Over the period under review, exports saw a perceptible reduction. The growth pace was the most rapid in 2020 when exports increased by 91% against the previous year. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.

Exports by Country

Macao SAR (X tons) and China (X tons) were the main destinations of concentrated orange juice exports from Hong Kong SAR.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +29.6%).

In value terms, the largest markets for concentrated orange juice exported from Hong Kong SAR were China ($X) and Macao SAR ($X).

In terms of the main countries of destination, China, with a CAGR of +24.0%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average concentrated orange juice export price amounted to $X per ton, declining by -18.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Macao SAR totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (-1.5%).

Concentrated Orange Juice Imports

Imports into Hong Kong SAR, China

In 2021, purchases abroad of concentrated orange juice decreased by -15.6% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 128%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, concentrated orange juice imports dropped significantly to $X in 2021. Overall, imports, however, recorded a modest increase. The growth pace was the most rapid in 2018 when imports increased by 211% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest concentrated orange juice supplier to Hong Kong SAR, accounting for a 44% share of total imports. Moreover, concentrated orange juice imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Brazil (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+48.9% per year) and Brazil (-8.6% per year).

In value terms, the United States ($X) constituted the largest supplier of concentrated orange juice to Hong Kong SAR, comprising 51% of total imports. The second position in the ranking was taken by Spain ($X), with a 14% share of total imports. It was followed by Brazil, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+47.8% per year) and Brazil (-12.6% per year).

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, reducing by -24.4% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2018 an increase of 36%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concentrated orange juice in the world?

The countries with the highest volumes of consumption in 2021 were the United States, Brazil and Germany, together comprising 45% of global consumption. These countries were followed by Mexico, the UK, France, China, Poland, Spain, Thailand, Japan, Russia and Ireland, which together accounted for a further 29%.

What are the largest producers of concentrated orange juice in the world?

The country with the largest volume of concentrated orange juice production was Brazil, comprising approx. 47% of total volume. Moreover, concentrated orange juice production in Brazil exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was taken by Mexico, with an 11% share.

What are the leading suppliers of concentrated orange juice to Hong Kong SAR, China?

In value terms, the United States constituted the largest supplier of concentrated orange juice to Hong Kong SAR, comprising 51% of total imports. The second position in the ranking was held by Spain, with a 14% share of total imports. It was followed by Brazil, with a 12% share.

What are the leading importers of concentrated orange juice from Hong Kong SAR, China?

In value terms, China and Macao SAR appeared to be the largest markets for concentrated orange juice exported from Hong Kong SAR worldwide.

What is the average export price for concentrated orange juice in Hong Kong SAR, China?

In 2021, the average concentrated orange juice export price amounted to $1,245 per ton, waning by -18.9% against the previous year.

What is the average import price for concentrated orange juice in Hong Kong SAR, China?

In 2021, the average concentrated orange juice import price amounted to $1,479 per ton, waning by -24.4% against the previous year.

This report provides an in-depth analysis of the concentrated orange juice 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 492 - Orange Juice, Concentrated

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:

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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
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023