Hong Kong SAR, China: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in Hong Kong SAR, China

The Hong Kong market for jellyfish, dried, salted or in brine, smoked dropped markedly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, showed a abrupt slump. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in Hong Kong SAR, China

In value terms, production of jellyfish, dried, salted or in brine, smoked totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X,300%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports from Hong Kong SAR, China

For the fourth consecutive year, Hong Kong SAR recorded decline in overseas shipments of jellyfish, dried, salted or in brine, smoked, which decreased by X% to X tons in 2022. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of jellyfish, dried, salted or in brine, smoked declined rapidly to $X in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Canada (X tons), Macao SAR (X tons) and the United States (X tons) were the main destinations of exports of jellyfish, dried, salted or in brine, smoked from Hong Kong SAR, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Macao SAR ($X), Canada ($X) and the United States ($X) constituted the largest markets for jellyfish, dried, salted or in brine, smoked exported from Hong Kong SAR worldwide, with a combined X% share of total exports.

Among the main countries of destination, Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for jellyfish, dried, salted or in brine, smoked amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports into Hong Kong SAR, China

In 2022, the amount of jellyfish, dried, salted or in brine, smoked imported into Hong Kong SAR stood at X tons, with an increase of X% compared with the previous year. In general, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of jellyfish, dried, salted or in brine, smoked dropped remarkably to $X in 2022. Over the period under review, imports, however, faced a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons) and China (X tons) were the main suppliers of imports of jellyfish, dried, salted or in brine, smoked to Hong Kong SAR.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%).

In value terms, China ($X) constituted the largest supplier of jellyfish, dried, salted or in brine, smoked to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average import price for jellyfish, dried, salted or in brine, smoked amounted to $X per ton, declining by X% against the previous year. Overall, the import price recorded a slight reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Taiwan (Chinese) totaled $X per ton.

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

Frequently Asked Questions (FAQ) :