Flakes; of Potatoes Price in Hong Kong SAR - 2023

Contents:

  1. Flakes; of Potatoes Price in Hong Kong SAR (FOB) - 2022
  2. Flakes; of Potatoes Price in Hong Kong SAR (CIF) - 2022
  3. Flakes; of Potatoes Exports in Hong Kong SAR
  4. Flakes; of Potatoes Imports in Hong Kong SAR

Flakes; of Potatoes Price in Hong Kong SAR (FOB) - 2022

The average flakes; of potatoes export price stood at $4,139 per ton in 2022, dropping by -8.3% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 29%. The export price peaked at $11,624 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Macao SAR amounted to -8.3% per year.

Flakes; of Potatoes Price in Hong Kong SAR (CIF) - 2022

The average flakes; of potatoes import price stood at $3,655 per ton in 2022, increasing by 19% against the previous year. In general, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 323% against the previous year. Over the period under review, average import prices hit record highs at $10,676 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -8.5% per year.

Flakes; of Potatoes Exports in Hong Kong SAR

In 2022, the amount of flakes; of potatoeses exported from Hong Kong SAR skyrocketed to 12 tons, with an increase of 17% on 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 242% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, flakes; of potatoes exports expanded markedly to $51K in 2022. Overall, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 107%.

Export of Flakes; of Potatoes in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR68.823.047.550.8-9.6%
OthersN/AN/AN/AN/A0%
Total68.823.047.550.8-9.6%

Top Export Markets for Flakes; of Potatoes from Hong Kong SAR in 2022:

  1. Macao SAR (12.3 tons)

Flakes; of Potatoes Imports in Hong Kong SAR

Flakes; of potatoes imports into Hong Kong SAR surged to 4.4 tons in 2022, jumping by 88% against 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 634% against the previous year. As a result, imports reached the peak of 7 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, flakes; of potatoes imports skyrocketed to $16K in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 524% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Flakes; of Potatoes in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.616.17.216.183.6%
OthersN/AN/AN/AN/A0%
Total2.616.17.216.183.6%

Top Suppliers of Flakes; of Potatoes to Hong Kong SAR in 2022:

  1. Japan (4.4 tons)

Source: IndexBox Market Intelligence Platform

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