Report Hong Kong SAR, China - Vanilla - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 12, 2022

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

Vanilla Exports

Exports from Hong Kong SAR, China

In 2020, approx. X tonnes of vanilla were exported from Hong Kong SAR; remaining relatively unchanged against the previous year. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, vanilla exports dropped rapidly to $X in 2020. Over the period under review, exports saw a noticeable downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

Macao SAR (X tonnes) was the main destination for vanilla exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, vanilla exports to Macao SAR exceeded the volume sent to the second major destination, Canada (X kg), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Macao SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Indonesia (X% per year).

In value terms, Macao SAR ($X) emerged as the key foreign market for vanilla exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with an X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Macao SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Indonesia (X% per year).

Export Prices by Country

The average vanilla export price stood at $X per tonne in 2020, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a significant contraction. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. As a result, the export price attained the peak level of $X per tonne. From 2019 to 2020, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($X per tonne), while the average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Vanilla Imports

Imports into Hong Kong SAR, China

For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of vanilla, which decreased by -X% to X tonnes in 2020. In general, imports saw a precipitous slump. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, vanilla imports fell rapidly to $X in 2020. Overall, imports saw a dramatic downturn. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, France (X tonnes) constituted the largest supplier of vanilla to Hong Kong SAR, accounting for a X% share of total imports. Moreover, vanilla imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), more than tenfold. The third position in this ranking was occupied by Germany (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from France totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Germany (+X% per year).

In value terms, France ($X) constituted the largest supplier of vanilla to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with an X% share of total imports. It was followed by Germany, with an X% share.

From 2007 to 2020, the average annual growth rate of value from France totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2020, the average vanilla import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price posted significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), 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$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for vanilla in the world?
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The country with the largest volume of vanilla consumption was Indonesia, accounting for 31% of total volume. Moreover, vanilla consumption in Indonesia exceeded the figures recorded by the second-largest consumer, the United States, twofold. Mexico ranked third in terms of total consumption with a 6.9% share.
What are the largest producers of vanilla in the world?
+
The countries with the highest volumes of vanilla production in 2020 were Indonesia, Madagascar and Mexico, with a combined 73% share of global production. These countries were followed by Papua New Guinea, China, Turkey and Uganda, which together accounted for a further 21%.
What are the leading suppliers of vanilla to Hong Kong SAR, China?
+
In value terms, France constituted the largest supplier of vanilla to Hong Kong SAR, comprising 67% of total imports. The second position in the ranking was occupied by the Netherlands, with an 18% share of total imports. It was followed by Germany, with an 8.3% share.
What are the leading importers of vanilla from Hong Kong SAR, China?
+
In value terms, Macao SAR emerged as the key foreign market for vanilla exports from Hong Kong SAR, comprising 90% of total exports. The second position in the ranking was occupied by Canada, with an 8.5% share of total exports.
What is the average export price for vanilla in Hong Kong SAR, China?
+
In 2020, the average vanilla export price amounted to $13,112 per tonne, falling by -77.9% against the previous year.
What is the average import price for vanilla in Hong Kong SAR, China?
+
The average vanilla import price stood at $137,500 per tonne in 2020, growing by 182% against the previous year.

This report provides an in-depth analysis of the vanilla 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 692 - Vanilla
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2021
Figure 21:
Production, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, 2007–2021
Figure 23:
Imports, In Value Terms, 2007–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2007–2021
Figure 26:
Imports, In Value Terms, By Country, 2007–2021
Figure 27:
Import Prices, By Country Of Origin, 2007–2021
Figure 28:
Exports, In Physical Terms, 2007–2021
Figure 29:
Exports, In Value Terms, 2007–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2007–2021
Figure 32:
Exports, In Value Terms, By Country, 2007–2021
Figure 33:
Export Prices, By Country Of Destination, 2007–2021
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