Latest Report Update: May 17, 2021

Hong Kong SAR, China - Wheat Or Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Hong Kong SAR, China: Wheat Flour Market Overview 2021

Wheat Flour Market Size in Hong Kong SAR, China

In 2020, the Hong Kong wheat flour market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Overall, the total consumption indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2019, and then declined in the following year.

Wheat Flour Production in Hong Kong SAR, China

In value terms, wheat flour production reached $X in 2020 estimated in export prices. In general, production showed buoyant growth. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is likely to continue growth in years to come.

Wheat Flour Exports

Exports from Hong Kong SAR, China

In 2020, the amount of wheat or meslin flour exported from Hong Kong SAR shrank remarkably to X tonnes, declining by -X% compared with 2019 figures. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, wheat flour exports plummeted to $X in 2020. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Macao SAR (X tonnes) was the main destination for wheat flour exports from Hong Kong SAR, with a X% share of total exports. Moreover, wheat flour exports to Macao SAR exceeded the volume sent to the second major destination, the U.S. (X tonnes), threefold. The third position in this ranking was occupied by Singapore (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Macao SAR totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Singapore (-X% per year).

In value terms, Macao SAR ($X), the U.S. ($X) and the UK ($X) constituted the largest markets for wheat flour exported from Hong Kong SAR worldwide, with a combined X% share of total exports. Singapore, the Netherlands, Australia, Malaysia, New Zealand and Viet Nam lagged somewhat behind, together comprising a further X Netherlands recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wheat flour export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2019, and then fell in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Viet Nam ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Wheat Flour Imports

Imports into Hong Kong SAR, China

In 2020, the amount of wheat or meslin flour imported into Hong Kong SAR dropped rapidly to X tonnes, which is down by -X% compared with 2019 figures. In general, imports continue to indicate a mild decline. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, wheat flour imports fell to $X in 2020. Over the period under review, total imports indicated a pronounced increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

China (X tonnes), Japan (X tonnes) and Taiwan (Chinese) (X tonnes) were the main suppliers of wheat flour imports to Hong Kong SAR, with a combined X% share of total imports. These countries were followed by South Korea, Viet Nam, the Philippines and Thailand, which together accounted for a further X 2007 to 2020, the biggest increases were in South Korea (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wheat flour suppliers to Hong Kong SAR were China ($X), Japan ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports. South Korea, Viet Nam, Thailand and the Philippines lagged somewhat behind, together accounting for a further X terms of the main suppliers, South Korea saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wheat flour import price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. 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 Thailand ($X per tonne), while the price for the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat or meslin flour in the world?
+
China (75M tonnes) constituted the country with the largest volume of wheat flour consumption, accounting for 19% of total volume. Moreover, wheat flour consumption in China exceeded the figures recorded by the second-largest consumer, India (23M tonnes), threefold. Indonesia (17M tonnes) ranked third in terms of total consumption with a 4.4% share.
What are the largest producers of wheat or meslin flour in the world?
+
China (75M tonnes) remains the largest wheat flour producing country worldwide, comprising approx. 19% of total volume. Moreover, wheat flour production in China exceeded the figures recorded by the second-largest producer, India (23M tonnes), threefold. Indonesia (17M tonnes) ranked third in terms of total production with a 4.4% share.
What are the leading suppliers of wheat or meslin flour to Hong Kong SAR, China?
+
In value terms, China ($34M), Japan ($24M) and Taiwan (Chinese) ($15M) appeared to be the largest wheat flour suppliers to Hong Kong SAR, together comprising 76% of total imports. South Korea, Viet Nam, Thailand and the Philippines lagged somewhat behind, together comprising a further 16%.
What are the leading importers of wheat or meslin flour from Hong Kong SAR, China?
+
In value terms, the largest markets for wheat flour exported from Hong Kong SAR were Macao SAR ($2.8M), the U.S. ($1.4M) and the UK ($214K), with a combined 78% share of total exports. Singapore, the Netherlands, Australia, Malaysia, New Zealand and Viet Nam lagged somewhat behind, together accounting for a further 14%.
What is the average export price for wheat or meslin flour in Hong Kong SAR, China?
+
In 2020, the average wheat flour export price amounted to $947 per tonne, falling by -6.6% against the previous year.
What is the average import price for wheat or meslin flour in Hong Kong SAR, China?
+
The average wheat flour import price stood at $576 per tonne in 2020, increasing by 17% against the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour

This report provides an in-depth analysis of the wheat flour 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
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 2007–2020
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:
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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