Report Hong Kong SAR, China - Quinoa - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2022

Hong Kong SAR, China - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Quinoa Market 2022

Quinoa Market Size in Hong Kong SAR, China

The Hong Kong quinoa market declined markedly to $X in 2020, waning by -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). Over the period under review, consumption, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. Quinoa consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Quinoa Exports

Exports from Hong Kong SAR, China

For the ninth year in a row, Hong Kong SAR recorded growth in overseas shipments of quinoa, which increased by X% to X tons in 2020. Over the period under review, exports showed a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, quinoa exports soared to $X in 2020. In general, exports saw a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Macao SAR (X tons) was the main destination for quinoa exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Macao SAR amounted to +X%.

In value terms, Macao SAR ($X) also remains the key foreign market for quinoa exports from Hong Kong SAR.

From 2012 to 2020, the average annual rate of growth in terms of value to Macao SAR amounted to +X%.

Export Prices by Country

In 2020, the average quinoa export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price saw a mild decline. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2018 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Macao SAR.

From 2012 to 2020, the rate of growth in terms of prices for Macao SAR amounted to -X% per year.

Quinoa Imports

Imports into Hong Kong SAR, China

In 2020, the amount of quinoa imported into Hong Kong SAR contracted remarkably to X tons, which is down by -X% against 2019 figures. Overall, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, quinoa imports dropped remarkably to $X in 2020. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Peru (X tons) constituted the largest quinoa supplier to Hong Kong SAR, with a X% share of total imports. Moreover, quinoa imports from Peru exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Peru stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Spain (+X% per year).

In value terms, Peru ($X) constituted the largest supplier of quinoa to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2020, the average annual growth rate of value from Peru amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Singapore (+X% per year).

Import Prices by Country

The average quinoa import price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Singapore ($X per ton), while the price for Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?
+
The countries with the highest volumes of quinoa consumption in 2020 were Peru, Bolivia and the U.S., together accounting for 68% of global consumption. Canada, Germany, France, the UK and Ecuador lagged somewhat behind, together comprising a further 14%.
What are the largest producers of quinoa in the world?
+
The countries with the highest volumes of quinoa production in 2020 were Peru, Bolivia and Ecuador, together accounting for 97% of global production.
What are the leading suppliers of quinoa to Hong Kong SAR, China?
+
In value terms, Peru constituted the largest supplier of quinoa to Hong Kong SAR, comprising 47% of total imports. The second position in the ranking was occupied by the U.S., with a 18% share of total imports. It was followed by Singapore, with a 6.5% share.
What are the leading importers of quinoa from Hong Kong SAR, China?
+
In value terms, Macao SAR remains the key foreign market for quinoa exports from Hong Kong SAR.
What is the average export price for quinoa in Hong Kong SAR, China?
+
The average quinoa export price stood at $7,935 per ton in 2020, shrinking by -12.6% against the previous year.
What is the average import price for quinoa in Hong Kong SAR, China?
+
The average quinoa import price stood at $3,948 per ton in 2020, picking up by 5.6% against the previous year.

This report provides an in-depth analysis of the quinoa 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 2025.


Product coverage:
• FCL 92 - Quinoa
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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