Hong Kong SAR, China: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in Hong Kong SAR, China

In 2022, the Hong Kong market for tree, flower and other seeds, fruits and spores for sowing decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption showed a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports from Hong Kong SAR, China

Exports of tree, flower and other seeds, fruits and spores for sowing from Hong Kong SAR surged to X tons in 2022, growing by X% against the previous year. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing fell markedly to $X in 2022. In general, exports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar (X tons), China (X tons) and Angola (X kg) were the main destinations of exports of tree, flower and other seeds, fruits and spores for sowing from Hong Kong SAR, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for tree, flower and other seeds, fruits and spores for sowing exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by Myanmar ($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%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Angola (X% per year).

Export Prices by Country

In 2022, the average export price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 China ($X per ton), while the average price for exports to Myanmar ($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 the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports into Hong Kong SAR, China

After two years of growth, overseas purchases of tree, flower and other seeds, fruits and spores for sowing decreased by X% to X tons in 2022. Overall, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing dropped dramatically to $X in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Vietnam (X tons) and the United States (X tons) were the main suppliers of imports of tree, flower and other seeds, fruits and spores for sowing to Hong Kong SAR, together accounting for X% of total imports.

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

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of tree, flower and other seeds, fruits and spores for sowing to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

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

Import Prices by Country

In 2022, the average import price for tree, flower and other seeds, fruits and spores for sowing amounted to $X per ton, growing by X% against the previous year. Overall, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 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 Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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