Clementines Price in Hong Kong SAR - 2023
Contents:
- Clementines Price in Hong Kong SAR (FOB) - 2022
- Clementines Price in Hong Kong SAR (CIF) - 2022
- Clementines Exports in Hong Kong SAR
- Clementines Imports in Hong Kong SAR
Clementines Price in Hong Kong SAR (FOB) - 2022
The average clementines export price stood at $1,091 per ton in 2022, declining by -5.8% against the previous year. Over the period under review, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 112%. Over the period under review, the average export prices hit record highs at $1,738 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2017 to 2022, the rate of growth in terms of prices for China amounted to +6.9% per year.
Clementines Price in Hong Kong SAR (CIF) - 2022
In 2022, the average clementines import price amounted to $1,453 per ton, with an increase of 68% against the previous year. Overall, import price indicated a notable increase from 2017 to 2022: its price increased at an average annual rate of +2.3% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clementines import price increased by +94.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($13,695 per ton), while the price for Peru ($848 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Exports in Hong Kong SAR
After two years of decline, shipments abroad of fruit, edible increased by 71% to 665 tons in 2022. In general, exports, however, continue to indicate a precipitous descent.
In value terms, clementines exports skyrocketed to $725K in 2022. Over the period under review, exports, however, faced a sharp setback.
| Export of Clementines in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 2.0 | 0.5 | 0.7 | -33.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.5 | 2.0 | 0.5 | 0.7 | -34.6% |
Top Export Markets for Clementines from Hong Kong SAR in 2022:
- China (664.9 tons)
Clementines Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of fruit, edible, which decreased by -80.7% to 68 tons in 2022. In general, imports showed a dramatic decrease. The smallest decline of -37.5% was in 2020.
In value terms, clementines imports shrank rapidly to $99K in 2022. Overall, imports showed a dramatic contraction. The smallest decline of -50.6% was in 2021.
| Import of Clementines in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 67.4 | 125 | 42.1 | 38.9 | -16.7% |
| Spain | 3.8 | 19.3 | 33.6 | 27.4 | 93.2% |
| Japan | N/A | N/A | N/A | 14.9 | 0% |
| China | 12.2 | 43.1 | 17.7 | 14.5 | 5.9% |
| Chile | 13.1 | 46.0 | 17.9 | N/A | 16.9% |
| Morocco | 37.7 | 251 | 97.6 | N/A | 60.9% |
| South Africa | 1,503 | N/A | N/A | N/A | 0% |
| Others | 87.0 | 134 | 96.9 | 3.5 | -65.7% |
| Total | 1,724 | 619 | 306 | 99.2 | -61.4% |
Top Suppliers of Clementines to Hong Kong SAR in 2022:
- Peru (45.8 tons)
- China (13.0 tons)
- Spain (7.5 tons)
- Japan (1.1 tons)
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