Report Update Apr 1, 2024

Hong Kong SAR, China - Peaches and Nectarines - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Hong Kong SAR, China

In 2022, the Hong Kong peach and nectarine market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Peach And Nectarine Exports

Exports from Hong Kong SAR, China

In 2022, after five years of growth, there was significant decline in shipments abroad of peaches and nectarines, when their volume decreased by X% to X tons. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, peach and nectarine exports fell to $X in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

China (X tons) was the main destination for peach and nectarine exports from Hong Kong SAR, with a approx. X% share of total exports.

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

In value terms, China ($X) also remains the key foreign market for peaches and nectarines exports from Hong Kong SAR.

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

Export Prices by Country

In 2022, the average peach and nectarine export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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 China amounted to X% per year.

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Peach And Nectarine Imports

Imports into Hong Kong SAR, China

In 2022, after seven years of growth, there was significant decline in purchases abroad of peaches and nectarines, when their volume decreased by X% to X tons. In general, imports, however, saw strong growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, peach and nectarine imports shrank to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest peach and nectarine supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, peach and nectarine imports from Chile exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. Australia (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest peach and nectarine suppliers to Hong Kong SAR were Chile ($X), Japan ($X) and Australia ($X), together comprising X% of total imports.

Japan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average 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 the United States (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 peaches and nectarines in the world?

China constituted the country with the largest volume of peach and nectarine consumption, accounting for 61% of total volume. Moreover, peach and nectarine consumption in China exceeded the figures recorded by the second-largest consumer, Italy, more than tenfold. The third position in this ranking was held by Spain, with a 3.3% share.

What are the largest producers of peaches and nectarines in the world?

China constituted the country with the largest volume of peach and nectarine production, accounting for 60% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain, more than tenfold. Italy ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of peaches and nectarines to Hong Kong SAR, China?

In value terms, Chile, Japan and Australia appeared to be the largest peach and nectarine suppliers to Hong Kong SAR, with a combined 92% share of total imports.

What are the leading importers of peaches and nectarines from Hong Kong SAR, China?

In value terms, China remains the key foreign market for peaches and nectarines exports from Hong Kong SAR.

What is the average export price for peaches and nectarines in Hong Kong SAR, China?

The average peach and nectarine export price stood at $1,758 per ton in 2022, waning by -2.5% against the previous year.

What is the average import price for peaches and nectarines in Hong Kong SAR, China?

The average peach and nectarine import price stood at $2,603 per ton in 2022, surging by 8% against the previous year.

This report provides an in-depth analysis of the peach and nectarine 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 534 - Peaches and nectarines

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:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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