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Hong Kong SAR, China - Anchovies (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Anchovies Price in Hong Kong SAR - 2023
Contents:
- Preserved Anchovies Price in Hong Kong SAR (CIF) - 2022
- Preserved Anchovies Price in Hong Kong SAR (FOB) - 2022
- Preserved Anchovies Imports in Hong Kong SAR
- Preserved Anchovies Exports in Hong Kong SAR
Preserved Anchovies Price in Hong Kong SAR (CIF) - 2022
The average preserved anchovies import price stood at $21,315 per ton in 2022, increasing by 3% against the previous year. Overall, the import price showed prominent growth. The pace of growth was the most pronounced in 2018 an increase of 118% against the previous year. The import price peaked at $21,378 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($25,194 per ton) and Spain ($23,134 per ton), while the price for Italy ($20,800 per ton) and France ($23,125 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Anchovies Price in Hong Kong SAR (FOB) - 2022
The average preserved anchovies export price stood at $11,566 per ton in 2022, waning by -47.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 444% against the previous year. The export price peaked at $23,913 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($15,115 per ton), while the average price for exports to Japan totaled $10,225 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+76.3%), while the prices for the other major destinations experienced a decline.
Preserved Anchovies Imports in Hong Kong SAR
Preserved anchovies imports into Hong Kong SAR dropped to 19 tons in 2022, falling by -9.4% against the year before. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year.
In value terms, preserved anchovies imports declined to $406K in 2022. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.
Import of Preserved Anchovies in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 331 | 220 | 316 | 317 | -1.4% |
France | 58.6 | 51.8 | 54.8 | 48.0 | -6.4% |
Spain | 55.8 | 43.4 | 42.4 | 23.8 | -24.7% |
United Kingdom | 22.2 | 19.5 | 7.2 | 14.5 | -13.2% |
Others | 13.9 | 2.4 | 15.1 | 2.5 | -43.6% |
Total | 481 | 337 | 435 | 406 | -5.5% |
Top Suppliers of Preserved Anchovies to Hong Kong SAR in 2022:
- Italy (15.3 tons)
- France (2.1 tons)
- Spain (1.0 tons)
- United Kingdom (0.6 tons)
Preserved Anchovies Exports in Hong Kong SAR
Preserved anchovies exports from Hong Kong SAR surged to 5.5 tons in 2022, rising by 352% compared with the year before. Over the period under review, exports, however, faced a abrupt slump.
In value terms, preserved anchovies exports soared to $63K in 2022. Overall, exports, however, saw a abrupt setback.
Export of Preserved Anchovies in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | N/A | N/A | N/A | 40.5 | 0% |
Macao SAR | 71.0 | 27.4 | 26.6 | 22.6 | -31.7% |
United States | N/A | 16.3 | N/A | N/A | 0% |
Canada | 9.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 79.9 | 43.8 | 26.6 | 63.1 | -7.6% |
Top Export Markets for Preserved Anchovies from Hong Kong SAR in 2022:
- Japan (4.0 tons)
- Macao SAR (1.5 tons)
This report provides an in-depth analysis of the preserved anchovies 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 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)
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
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