Hong Kong SAR, China - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHazelnut Price in Hong Kong SAR - 2023
Contents:
- Hazelnut Price in Hong Kong SAR (CIF) - 2023
- Hazelnut Price in Hong Kong SAR (FOB) - 2022
- Hazelnut Imports in Hong Kong SAR
- Hazelnut Exports in Hong Kong SAR
Hazelnut Price in Hong Kong SAR (CIF) - 2023
The average hazelnut import price stood at $1,676 per ton in September 2023, almost unchanged from the previous month. Over the period under review, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 18% m-o-m. The import price peaked at $2,611 per ton in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -4.0% per month.
Hazelnut Price in Hong Kong SAR (FOB) - 2022
In 2022, the average hazelnut export price amounted to $1,660 per ton, shrinking by -21.4% against the previous year. In general, the export price recorded a noticeable slump. The growth pace was the most rapid in 2013 an increase of 28%. As a result, the export price reached the peak level of $3,372 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +6.7% per year.
Hazelnut Imports in Hong Kong SAR
In 2022, approx. 1.7K tons of hazelnuts were imported into Hong Kong SAR; with an increase of 33% on 2021. Overall, imports, however, showed a precipitous setback.
In value terms, hazelnut imports dropped modestly to $4M in 2022. In general, imports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 9.9% against the previous year. As a result, imports attained the peak of $9.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Hazelnut in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.6 | 9.7 | 4.1 | 4.0 | -22.5% |
Others | 0.3 | N/A | N/A | N/A | 0% |
Total | 8.9 | 9.8 | 4.1 | 4.0 | -23.4% |
Top Suppliers of Hazelnut to Hong Kong SAR in 2022:
- United States (1706.0 tons)
Hazelnut Exports in Hong Kong SAR
In 2022, the amount of hazelnuts exported from Hong Kong SAR dropped dramatically to 50 tons, waning by -90.9% compared with 2021. Over the period under review, exports showed a precipitous slump. The smallest decline of -34.3% was in 2020.
In value terms, hazelnut exports declined remarkably to $83K in 2022. In general, exports saw a sharp contraction. The smallest decline of -38.7% was in 2020.
Export of Hazelnut in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.9 | 3.4 | 0.8 | 0.1 | -72.7% |
Vietnam | 4.4 | 1.8 | 0.1 | N/A | -84.9% |
Thailand | 0.5 | 0.9 | 0.3 | N/A | -22.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.9 | 6.0 | 1.2 | 0.1 | -78.4% |
Top Export Markets for Hazelnut from Hong Kong SAR in 2022:
- China (50.2 tons)
This report provides an in-depth analysis of the hazelnut 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 225 - Hazelnuts (Filberts)
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
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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.
Global hazelnut consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
In 2015, the global hazelnut market grew to X thousand tons.
From 2007 to 2015, global exports on the hazelnut market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports amounted to X thousand tons in 2015, a decrease of X thousand tons (or X%) on the previous yea
The value of total imports on the global hazelnut market in 2015 stood at X million USD, an increase of X million USD (or X%) on the previous year. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, haze
The global production of hazelnuts was estimated at X thousand tons in 2015, an increase of X thousand tons (or X%) on the figure for 2014, and X thousand tons (or X%) less than the peak production level that was recorded in 2008. In valu
In 2015, the global hazelnut market grew to X thousand tons, following the significant market contraction in 2014. In value terms, the market volume increased over the period from 2014-2015, reaching X million USD.
Producers of confectionary products, wishing to reduce their dependency on Turkey's erratic and unstable hazelnut yield figures, are showing interest in the development of new areas and sites intended for hazelnut cultivation.