Cereals; Millet Price in Hong Kong SAR - 2022
Contents:
Cereals; Millet Price in Hong Kong SAR (CIF) - 2022
In 2022, the average cereals; millet import price amounted to $553 per ton, approximately mirroring the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 0.1% against the previous year. The import price peaked at $553 per ton in 2021, and then dropped modestly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($682 per ton), while the price for Taiwan (Chinese) stood at $470 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.2%).
Cereals; Millet Imports in Hong Kong SAR
In 2022, cereals; millet imports into Hong Kong SAR fell sharply to 888 kg, waning by -20% against the year before. Overall, imports recorded a dramatic contraction. The smallest decline of -20% was in 2021.
In value terms, cereals; millet imports dropped dramatically to $491 in 2022. In general, imports continue to indicate a precipitous curtailment. The smallest decline of -19.9% was in 2021.
| Import of Cereals; Millet in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 512 | 406 | 322 | 255 | -20.7% |
| India | 447 | 361 | 292 | 236 | -19.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 959 | 767 | 614 | 491 | -20.0% |
Top Suppliers of Cereals; Millet to Hong Kong SAR in 2022:
- Taiwan (Chinese) (542.0 kg)
- India (346.0 kg)
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