Report Hong Kong SAR, China - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Dec 1, 2023

Hong Kong SAR, China - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Hong Kong SAR, China: Whole Fresh Milk Market 2023

Whole Fresh Milk Market Size in Hong Kong SAR, China

The Hong Kong whole fresh milk market stood at $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Whole Fresh Milk Production in Hong Kong SAR, China

In value terms, whole fresh milk production reached $X in 2022 estimated in export price. In general, the total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Whole fresh milk production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Whole Fresh Milk Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of whole fresh milk increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports enjoyed a notable increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, whole fresh milk exports amounted to $X in 2022. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Macao SAR (X tons) was the main destination for whole fresh milk exports from Hong Kong SAR, accounting for a X% share of total exports. It was followed by China (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Macao SAR stood at X%.

In value terms, Macao SAR ($X) remains the key foreign market for whole fresh milk exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average whole fresh milk export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whole fresh milk export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports into Hong Kong SAR, China

In 2022, approx. X tons of whole fresh milk were imported into Hong Kong SAR; almost unchanged from the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, whole fresh milk imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Thailand (X tons) and Australia (X tons) were the main suppliers of whole fresh milk imports to Hong Kong SAR, with a combined X% share of total imports. Vietnam, Japan, France, Belgium, Germany, New Zealand, the United States and Indonesia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest whole fresh milk suppliers to Hong Kong SAR were Thailand ($X), China ($X) and Australia ($X), together accounting for X% of total imports. Japan, Vietnam, France, Germany, Belgium, the United States, New Zealand and Indonesia lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average whole fresh milk import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; afterwards, it flattened through to 2022.

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 the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (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
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for whole fresh milk in the world?
+
India remains the largest whole fresh milk consuming country worldwide, accounting for 23% of total volume. Moreover, whole fresh milk consumption in India exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was taken by Pakistan, with a 6.5% share.
What are the largest producers of whole fresh milk in the world?
+
India constituted the country with the largest volume of whole fresh milk production, accounting for 23% of total volume. Moreover, whole fresh milk production in India exceeded the figures recorded by the second-largest producer, the United States, twofold. Pakistan ranked third in terms of total production with a 6.4% share.
What are the leading suppliers of whole fresh milk to Hong Kong SAR, China?
+
In value terms, the largest whole fresh milk suppliers to Hong Kong SAR were Thailand, China and Australia, together comprising 65% of total imports. Japan, Vietnam, France, Germany, Belgium, the United States, New Zealand and Indonesia lagged somewhat behind, together comprising a further 29%.
What are the leading importers of whole fresh milk from Hong Kong SAR, China?
+
In value terms, Macao SAR remains the key foreign market for whole fresh milk exports from Hong Kong SAR, comprising 99% of total exports. The second position in the ranking was held by China, with a 0.8% share of total exports.
What is the average export price for whole fresh milk in Hong Kong SAR, China?
+
In 2022, the average whole fresh milk export price amounted to $2,103 per ton, remaining relatively unchanged against the previous year.
What is the average import price for whole fresh milk in Hong Kong SAR, China?
+
In 2022, the average whole fresh milk import price amounted to $1,164 per ton, growing by 3.3% against the previous year.

This report provides an in-depth analysis of the whole fresh milk 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 1130 - Camel milk
• FCL 882 - Cow milk, whole (fresh)
• FCL 1020 - Goat milk
• FCL 982 - Sheep milk
• FCL 951 - Buffalo milk
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. 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. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
  3. 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. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    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. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2022
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2022
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES
    1. Key Findings In 2022
    2. Market Volume, In Physical Terms, 2012–2022
    3. Market Value, 2012–2022
    4. Per Capita Consumption In 2012-2022
    5. Imports, In Physical Terms, By Country, 2012–2022
    6. Imports, In Value Terms, By Country, 2012–2022
    7. Import Prices, By Country Of Origin, 2012–2022
    8. Exports, In Physical Terms, By Country, 2012–2022
    9. Exports, In Value Terms, By Country, 2012–2022
    10. Export Prices, By Country Of Destination, 2012–2022
  12. LIST OF FIGURES
    1. Market Volume, In Physical Terms, 2012–2022
    2. Market Value, 2012–2022
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
    5. Trade Balance, In Physical Terms, 2012-2022
    6. Trade Balance, In Value Terms, 2012-2022
    7. Per Capita Consumption, 2012-2022
    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, 2012–2022
    23. Production, In Value Terms, 2012–2022
    24. Producing Animals Slaughtered, 2012–2022
    25. Yield, 2012–2022
    26. Imports, In Physical Terms, 2012–2022
    27. Imports, In Value Terms, 2012–2022
    28. Imports, In Physical Terms, By Country, 2022
    29. Imports, In Physical Terms, By Country, 2012–2022
    30. Imports, In Value Terms, By Country, 2012–2022
    31. Import Prices, By Country Of Origin, 2012–2022
    32. Exports, In Physical Terms, 2012–2022
    33. Exports, In Value Terms, 2012–2022
    34. Exports, In Physical Terms, By Country, 2022
    35. Exports, In Physical Terms, By Country, 2012–2022
    36. Exports, In Value Terms, By Country, 2012–2022
    37. Export Prices, By Country Of Destination, 2012–2022

Free Data: Whole Fresh Milk - Hong Kong SAR