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Hong Kong SAR, China - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Quinoa Market Overview 2021

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Quinoa Market Size in Hong Kong SAR, China

The Hong Kong quinoa market soared to $X in 2019, growing 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). In general, consumption saw a strong increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Quinoa Exports

Exports from Hong Kong SAR, China

In 2019, after two years of growth, there was significant decline in overseas shipments of quinoa, when their volume decreased by -X% to X tonnes. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes, and then fell rapidly in the following year.

In value terms, quinoa exports amounted to $X in 2019. Over the period under review, total exports indicated a strong increase from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are likely to continue growth in years to come.

Exports by Country

Macao SAR (X tonnes) was the main destination for quinoa exports from Hong Kong SAR, with a X% share of total exports. Moreover, quinoa exports to Macao SAR exceeded the volume sent to the second major destination, the Philippines (X kg), sixfold. The third position in this ranking was occupied by Canada (X kg), with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Macao SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Canada (+X% per year).

In value terms, Macao SAR ($X) remains the key foreign market for quinoa exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2019, the average annual growth rate of value to Macao SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2019, the average quinoa export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. Over the period under review, average export prices hit record highs at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Macao SAR ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to India (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Quinoa Imports

Imports into Hong Kong SAR, China

In 2019, the amount of quinoa imported into Hong Kong SAR soared to X tonnes, jumping by X% compared with the previous year's figure. In general, imports recorded a prominent increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, quinoa imports skyrocketed to $X in 2019. Overall, imports continue to indicate resilient growth. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Peru (X tonnes), the U.S. (X tonnes) and Singapore (X tonnes) were the main suppliers of quinoa imports to Hong Kong SAR, together accounting for X% of total imports.

From 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest quinoa suppliers to Hong Kong SAR were Peru ($X), the U.S. ($X) and Singapore ($X), with a combined X% share of total imports.

The U.S. recorded the highest growth rate of 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 quinoa import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for Peru ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?
+
The countries with the highest volumes of quinoa consumption in 2019 were Peru (41K tonnes), Bolivia (37K tonnes) and the U.S. (28K tonnes), together comprising 67% of global consumption. France, Canada, Germany and the UK 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 2019 were Peru (90K tonnes), Bolivia (67K tonnes) and Ecuador (4.5K tonnes), together comprising 99% of global production.
What are the leading suppliers of quinoa to Hong Kong SAR, China?
+
In value terms, the largest quinoa suppliers to Hong Kong SAR were Peru ($1M), the U.S. ($797K) and Singapore ($115K), with a combined 91% share of total imports.
What are the leading importers of quinoa from Hong Kong SAR, China?
+
In value terms, Macao SAR ($14K) remains the key foreign market for quinoa exports from Hong Kong SAR, comprising 87% of total exports. The second position in the ranking was occupied by Canada ($956), with a 5.9% share of total exports. It was followed by the Philippines, with a 3.1% share.
What is the average export price for quinoa in Hong Kong SAR, China?
+
In 2019, the average quinoa export price amounted to $9,438 per tonne, rising by 68% against the previous year.
What is the average import price for quinoa in Hong Kong SAR, China?
+
In 2019, the average quinoa import price amounted to $3,789 per tonne, rising by 7% against the previous year.

Product coverage:
• FCL 92 - Quinoa

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.


Country coverage:
• China, 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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