Hong Kong SAR, China: Mandarin And Clementine Market 2024

Mandarin And Clementine Market Size in Hong Kong SAR, China

The Hong Kong mandarin and clementine market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Mandarin And Clementine Production in Hong Kong SAR, China

In value terms, mandarin and clementine production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by X%. Mandarin and clementine production peaked in 2022 and is likely to see gradual growth in the near future.

The average yield of tangerines, mandarins, clementines, satsumas in Hong Kong SAR totaled less than X kg per ha in 2022, leveling off at 2021. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of tangerines, mandarins, clementines, satsumas were harvested in Hong Kong SAR; standing approx. at the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern.

Mandarin And Clementine Exports

Exports from Hong Kong SAR, China

In 2022, approx. X tons of tangerines, mandarins, clementines, satsumas were exported from Hong Kong SAR; reducing by X% compared with 2021. In general, exports, however, posted buoyant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, mandarin and clementine exports shrank markedly to $X in 2022. Over the period under review, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for mandarin and clementine exports from Hong Kong SAR, with a X% share of total exports. Moreover, mandarin and clementine exports to China exceeded the volume sent to the second major destination, the Philippines (X tons), sixfold.

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

In value terms, China ($X) remains the key foreign market for tangerines, mandarins, clementines, satsumas exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports.

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

Export Prices by Country

The average mandarin and clementine export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, export price indicated a perceptible 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, mandarin and clementine export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Philippines stood at $X per ton.

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

Mandarin And Clementine Imports

Imports into Hong Kong SAR, China

In 2022, imports of tangerines, mandarins, clementines, satsumas into Hong Kong SAR stood at X tons, approximately equating the year before. Overall, imports posted temperate growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, mandarin and clementine imports shrank slightly to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of mandarin and clementine to Hong Kong SAR, with a X% share of total imports. Moreover, mandarin and clementine imports from South Africa exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. Peru (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Peru (X% per year).

In value terms, the largest mandarin and clementine suppliers to Hong Kong SAR were South Africa ($X), Australia ($X) and Japan ($X), together accounting for X% of total imports. Peru, Taiwan (Chinese), Egypt, Chile and China lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mandarin and clementine import price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, import price indicated a perceptible expansion 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, mandarin and clementine import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 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 Japan ($X per ton), while the price for Chile ($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 more modest paces of growth.

Source: IndexBox Platform

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