Report Update Apr 1, 2024

Hong Kong SAR, China - Mangoes, Mangosteens and Guavas - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Mango And Mangosteen Market 2024

Mango And Mangosteen Market Size in Hong Kong SAR, China

The Hong Kong mango and mangosteen market contracted to $X in 2022, with a decrease of X% against 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). In general, consumption saw a abrupt descent. Mango and mangosteen consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Mango And Mangosteen Exports

Exports from Hong Kong SAR, China

In 2022, approx. X tons of mangoes, mangosteens and guavas were exported from Hong Kong SAR; increasing by X% against 2021 figures. In general, exports, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, mango and mangosteen exports soared to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for mango and mangosteen 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 stood at X%.

In value terms, China ($X) also remains the key foreign market for mangoes, mangosteens and guavas 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

In 2022, the average mango and mangosteen export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, export price indicated a strong 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, mango and mangosteen export price increased by X% against 2016 indices. The growth pace was the most rapid in 2013 an increase of X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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 Vietnam amounted to X% per year.

Mango And Mangosteen Imports

Imports into Hong Kong SAR, China

In 2022, imports of mangoes, mangosteens and guavas into Hong Kong SAR surged to X tons, growing by X% compared with 2021. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mango and mangosteen imports skyrocketed to $X in 2022. In general, imports recorded a moderate expansion. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of mango and mangosteen to Hong Kong SAR, accounting for a X% share of total imports. Moreover, mango and mangosteen imports from Thailand exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. The third position in this ranking was taken by the Philippines (X tons), with a X% share.

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

In value terms, Thailand ($X) constituted the largest supplier of mangoes, mangosteens and guavas to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by the Philippines, with an X% share.

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

Import Prices by Country

In 2022, the average mango and mangosteen import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price showed a strong increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), 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 mangoes, mangosteens and guavas in the world?

The country with the largest volume of mango and mangosteen consumption was India, comprising approx. 44% of total volume. Moreover, mango and mangosteen consumption in India exceeded the figures recorded by the second-largest consumer, China, sevenfold. Indonesia ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of mangoes, mangosteens and guavas in the world?

India constituted the country with the largest volume of mango and mangosteen production, accounting for 44% of total volume. Moreover, mango and mangosteen production in India exceeded the figures recorded by the second-largest producer, China, sevenfold. The third position in this ranking was taken by Indonesia, with a 6.3% share.

What are the leading suppliers of mangoes, mangosteens and guavas to Hong Kong SAR, China?

In value terms, Thailand constituted the largest supplier of mangoes, mangosteens and guavas to Hong Kong SAR, comprising 59% of total imports. The second position in the ranking was taken by Indonesia, with a 21% share of total imports. It was followed by the Philippines, with an 11% share.

What are the leading importers of mangoes, mangosteens and guavas from Hong Kong SAR, China?

In value terms, China remains the key foreign market for mangoes, mangosteens and guavas exports from Hong Kong SAR.

What is the average export price for mangoes, mangosteens and guavas in Hong Kong SAR, China?

The average mango and mangosteen export price stood at $2,325 per ton in 2022, increasing by 25% against the previous year.

What is the average import price for mangoes, mangosteens and guavas in Hong Kong SAR, China?

The average mango and mangosteen import price stood at $2,410 per ton in 2022, with an increase of 13% against the previous year.

This report provides an in-depth analysis of the mango and mangosteen 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 571 - Mangoes

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
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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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023