Hong Kong SAR, China - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMalt Price in Hong Kong SAR - 2023
Contents:
- Malt Price in Hong Kong SAR (CIF) - 2023
- Malt Price in Hong Kong SAR (FOB) - 2022
- Malt Imports in Hong Kong SAR
- Malt Exports in Hong Kong SAR
Malt Price in Hong Kong SAR (CIF) - 2023
The average malt import price stood at $700 per ton in June 2023, jumping by 16% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Vietnam ($852 per ton), while the price for China stood at $687 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.
Malt Price in Hong Kong SAR (FOB) - 2022
In 2022, the average malt export price amounted to $2,542 per ton, stabilizing at the previous year. Overall, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 139% against the previous year. Over the period under review, the average export prices hit record highs at $3,996 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +10.3% per year.
Malt Imports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in overseas purchases of malt (not roasted), when their volume increased by 28% to 5K tons. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, malt imports skyrocketed to $3M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Malt in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,040 | 1,609 | 438 | 1,450 | 11.7% |
Australia | 93.2 | 155 | 355 | 1,388 | 146.0% |
Vietnam | 125 | 80.6 | 62.7 | 139 | 3.6% |
Germany | 119 | 9.5 | 39.4 | 11.8 | -53.7% |
Belgium | 770 | 124 | 439 | N/A | -24.5% |
Others | 58.6 | 66.9 | 628 | 9.5 | -45.5% |
Total | 2,205 | 2,045 | 1,961 | 2,998 | 10.8% |
Top Suppliers of Malt to Hong Kong SAR in 2022:
- Germany (undefinedK tons)
- Australia (2.5K tons)
- China (2.4K tons)
- Vietnam (0.2K tons)
Malt Exports in Hong Kong SAR
In 2022, approx. 70 tons of malt (not roasted) were exported from Hong Kong SAR; jumping by 22% on the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 704%. As a result, the exports attained the peak of 83 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, malt exports surged to $178K in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 577%. As a result, the exports attained the peak of $210K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Malt in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 31.0 | 2.9 | 14.5 | 178 | 79.1% |
Nigeria | N/A | 207 | N/A | N/A | 0% |
Singapore | N/A | N/A | 57.4 | N/A | 0% |
Taiwan (Chinese) | N/A | N/A | 16.2 | N/A | 0% |
Others | N/A | N/A | 57.5 | N/A | 0% |
Total | 31.0 | 210 | 146 | 178 | 79.1% |
Top Export Markets for Malt from Hong Kong SAR in 2022:
- France (69.9 tons)
This report provides an in-depth analysis of the malt 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:
- Prodcom 11061030 - Malt, not roasted (excluding alcohol duty)
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
- 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 VOLUME AND VALUE
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
- 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
- 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 malt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the malt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the roasted malt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global malt market.
This report provides an in-depth analysis of the global malt market.
This report provides an in-depth analysis of the global roasted malt market.
This report provides an in-depth analysis of the malt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the malt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the roasted malt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global malt market.
Imports of Malt reached a peak and are expected to keep growing in the near future, with the value of malt imports surging to $3.6M in 2023.
During the period of September 2023 to October 2023, the importation of Malt experienced a significant decline in growth. Specifically, the value of Malt imports dropped to $279K in October 2023.
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In 2015, the malt market amounted to X thousand tons, with a X% decline over the last year.
The global malt market was estimated at approx. X million tons in 2015; over X% of this is produced from barley.
Despite a dip in exports in 2014, France continued its dominance in the global malt trade. In 2014, France exported X thousand tons of malt totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it su
In 2013, France and Belgium were the main global suppliers of malt with a combined share of X% of global exports. However, the fastest growing suppliers from 2007 to 2013 were Germany (+X% per year) and Uruguay (+X% per year). Despite being the larg
Imports of Malt reached a peak and are expected to keep growing in the near future, with the value of malt imports surging to $3.6M in 2023.