Hong Kong SAR, China - Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNuts Price in Hong Kong SAR - 2023
Contents:
- Nuts Price in Hong Kong SAR (CIF) - 2022
- Nuts Price in Hong Kong SAR (FOB) - 2022
- Nuts Imports in Hong Kong SAR
- Nuts Exports in Hong Kong SAR
Nuts Price in Hong Kong SAR (CIF) - 2022
The average nuts import price stood at $5,341 per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2014 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $6,503 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,415 per ton), while the price for Guatemala ($3,026 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Nuts Price in Hong Kong SAR (FOB) - 2022
The average nuts export price stood at $4,471 per ton in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 29% against the previous year. The export price peaked at $4,732 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($8,322 per ton), while the average price for exports to India ($1,179 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nuts Imports in Hong Kong SAR
Nuts imports into Hong Kong SAR fell dramatically to 11K tons in 2022, with a decrease of -74.9% against 2021. In general, imports recorded a dramatic curtailment. The smallest decline of -7.1% was in 2021.
In value terms, nuts imports dropped notably to $58M in 2022. Over the period under review, imports continue to indicate a dramatic decline. The smallest decline of -7.8% was in 2021.
Import of Nuts in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 576 | 160 | 165 | 38.7 | -59.3% |
China | 11.6 | 5.6 | 6.5 | 9.1 | -7.8% |
South Africa | 45.0 | 44.4 | 23.1 | 6.2 | -48.4% |
Guatemala | 11.9 | 9.0 | 10.5 | 0.7 | -61.1% |
Vietnam | 17.6 | 1.2 | 1.6 | 0.4 | -71.7% |
Iran | 11.4 | 13.8 | 10.1 | 0.2 | -74.0% |
Canada | 15.3 | 1.2 | N/A | N/A | -92.2% |
Others | 25.7 | 13.6 | 12.0 | 2.5 | -54.0% |
Total | 715 | 248 | 229 | 57.8 | -56.8% |
Top Suppliers of Nuts to Hong Kong SAR in 2022:
- Canada (undefinedK tons)
- Iran (undefinedK tons)
- United States (8.0K tons)
- South Africa (1.1K tons)
- China (1.1K tons)
- Guatemala (0.2K tons)
- Vietnam (0.1K tons)
Nuts Exports in Hong Kong SAR
In 2022, approx. 12K tons of nuts were exported from Hong Kong SAR; with a decrease of -61.3% on the previous year. Over the period under review, exports continue to indicate a precipitous slump. The smallest decline of -17.8% was in 2021.
In value terms, nuts exports fell significantly to $54M in 2022. Overall, exports continue to indicate a sharp decrease. The smallest decline of -11% was in 2021.
Export of Nuts in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 362 | 93.6 | 96.1 | 27.3 | -57.8% |
Vietnam | 88.9 | 31.0 | 29.1 | 15.3 | -44.4% |
Taiwan (Chinese) | 5.4 | 2.8 | 8.6 | 4.9 | -3.2% |
Thailand | 36.0 | 5.3 | 1.1 | 2.0 | -61.8% |
India | 39.4 | 9.3 | 2.6 | 1.2 | -68.8% |
Others | 9.7 | 14.6 | 1.7 | 2.9 | -33.1% |
Total | 541 | 157 | 139 | 53.5 | -53.8% |
Top Export Markets for Nuts from Hong Kong SAR in 2022:
- China (6.0K tons)
- Vietnam (3.7K tons)
- India (1.0K tons)
- Taiwan (Chinese) (0.6K tons)
- Thailand (0.3K tons)
This report provides an in-depth analysis of the nuts 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 221 - Almonds
- FCL 223 - Pistachios
- FCL 222 - Walnuts
- FCL 220 - Chestnuts
- FCL 217 - Cashew nuts
- FCL 225 - Hazelnuts (Filberts)
- FCL 216 - Brazil nuts
- FCL 234 - Nuts nes
- FCL 224 - Kolanuts
- FCL 226 - Areca nuts
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the nuts market in Hong Kong SAR, China.
This report provides an in-depth analysis of the almond market in Hong Kong SAR, China.
This report provides an in-depth analysis of the shelled walnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the shelled hazelnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the walnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the pistachio market in Hong Kong SAR, China.
This report provides an in-depth analysis of the kola nut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the hazelnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the chestnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the areca nut market in Hong Kong SAR, China.
In May 2023, the almond price reached $3,429 per ton (CIF, Hong Kong), showing a 46% increase compared to the previous month.
In January 2023, the shelled walnut price amounted to $5,190 per ton (CIF, Hong Kong), which is down by -23% against the previous month.
In May 2023, the price of Pistachio reached $9,623 per ton (CIF, Hong Kong), showing a 20% increase compared to the previous month.
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.
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