Hong Kong SAR, China - Crude Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Crude Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights

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Crude Rapeseed Oil Price in Hong Kong SAR - 2022

Contents:

  1. Crude Rapeseed Oil Price in Hong Kong SAR (CIF) - 2022
  2. Crude Rapeseed Oil Price in Hong Kong SAR (FOB) - 2022
  3. Crude Rapeseed Oil Imports in Hong Kong SAR
  4. Crude Rapeseed Oil Exports in Hong Kong SAR

Crude Rapeseed Oil Price in Hong Kong SAR (CIF) - 2022

The average crude rapeseed oil import price stood at $1,665 per ton in December 2022, remaining relatively unchanged against the previous month. Over the period under review, the import price recorded a slight increase. The import price peaked at $2,147 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From February 2022 to December 2022, the rate of growth in terms of prices for Canada amounted to +1.0% per month.

Crude Rapeseed Oil Price in Hong Kong SAR (FOB) - 2022

In 2022, the average crude rapeseed oil export price amounted to $4,022 per ton, surging by 625% against the previous year. Overall, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -8.8% per year.

Crude Rapeseed Oil Imports in Hong Kong SAR

In 2022, purchases abroad of crude rape, colza or mustard oil decreased by -27.2% to 8.1K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 494%. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crude rapeseed oil imports reduced notably to $14M in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 515%.

Import of Crude Rapeseed Oil in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1.18.317.314.3135.1%
Russia0.11.2N/AN/A1100.0%
United States0.20.30.3N/A22.5%
Others0.1N/A0.1N/A0.0%
Total1.69.917.614.3107.5%

Top Suppliers of Crude Rapeseed Oil to Hong Kong SAR in 2022:

  1. Canada (8.1K tons)

Crude Rapeseed Oil Exports in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of crude rape, colza or mustard oil, which decreased by -98.8% to 726 kg in 2022. In general, exports faced a sharp contraction. The smallest decline of -4.2% was in 2021.

In value terms, crude rapeseed oil exports contracted remarkably to $2.9K in 2022. Overall, exports showed a dramatic decline. The smallest decline of -6.9% was in 2021.

Export of Crude Rapeseed Oil in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A2.90%
China33.834.932.5N/A-1.9%
Others3.8N/AN/AN/A0%
Total37.534.932.52.9-57.4%

Top Export Markets for Crude Rapeseed Oil from Hong Kong SAR in 2022:

  1. Japan (726.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude rapeseed oil 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 271 - Oil of Rapeseed or Canola oil

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
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  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

    This Chapter is Available Only for the Professional Edition PRO
    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

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    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 VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Crude Rape, Colza Or Mustard Oil - Hong Kong SAR