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Hong Kong SAR, China - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Hong Kong SAR - 2023
Contents:
- Preserved Tuna Price in Hong Kong SAR (CIF) - 2023
- Preserved Tuna Price in Hong Kong SAR (FOB) - 2022
- Preserved Tuna Imports in Hong Kong SAR
- Preserved Tuna Exports in Hong Kong SAR
Preserved Tuna Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average preserved tuna import price amounted to $5,278 per ton, increasing by 29% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($15,116 per ton), while the price for Vietnam ($2,859 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Price in Hong Kong SAR (FOB) - 2022
The average preserved tuna export price stood at $4,026 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 21%. Over the period under review, the average export prices attained the maximum at $5,079 per ton in 2013; however, from 2014 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 Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +0.8% per year.
Preserved Tuna Imports in Hong Kong SAR
In 2022, preserved tuna imports into Hong Kong SAR skyrocketed to 3.1K tons, jumping by 18% compared with the year before. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved tuna imports skyrocketed to $12M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Preserved Tuna in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 6.4 | 6.1 | 6.0 | 8.3 | 9.1% |
Vietnam | 1.3 | 1.1 | 1.3 | 1.0 | -8.4% |
Japan | 0.8 | 1.0 | 0.9 | 0.8 | 0.0% |
China | 0.9 | 0.4 | 0.5 | 0.8 | -3.9% |
Philippines | 0.3 | 0.5 | 0.3 | 0.4 | 10.1% |
India | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
Indonesia | 0.8 | 0.5 | 0.2 | N/A | -50.0% |
Others | 0.8 | 0.7 | 0.7 | 0.7 | -4.4% |
Total | 11.5 | 10.4 | 10.3 | 12.1 | 1.7% |
Top Suppliers of Preserved Tuna to Hong Kong SAR in 2022:
- Thailand (1963.4 tons)
- Vietnam (503.1 tons)
- China (283.5 tons)
- Philippines (113.4 tons)
- Japan (71.0 tons)
- India (40.5 tons)
Preserved Tuna Exports in Hong Kong SAR
Preserved tuna exports from Hong Kong SAR soared to 212 tons in 2022, rising by 35% against the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved tuna exports soared to $852K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Preserved Tuna in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 595 | 557 | 613 | 844 | 12.4% |
Others | 8.2 | 5.2 | 14.7 | 8.1 | -0.4% |
Total | 603 | 562 | 627 | 852 | 12.2% |
Top Export Markets for Preserved Tuna from Hong Kong SAR in 2022:
- Macao SAR (210.6 tons)
This report provides an in-depth analysis of the preserved tuna 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 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole 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
-
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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The price of Preserved Tuna in June 2023 reached $5,278 per ton (CIF, Hong Kong), experiencing a 29% surge compared to the previous month.
During the review period, imports of Preserved Herring reached a record high of 43 tons in 2014. However, from 2015 to 2023, imports maintained a lower figure. In terms of value, preserved herring imports surged to $179K in 2023.
In June 2023, the imports of Preserved Salmon reached a peak of 65 tons but declined considerably the following month. Furthermore, the value of preserved salmon imports dropped significantly to $242K during this period.
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
Discover the top 10 countries leading the global import market for Prepared or Preserved Fish and Dishes. Learn about the key players and import values in 2023.
Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
The price of Preserved Tuna in June 2023 reached $5,278 per ton (CIF, Hong Kong), experiencing a 29% surge compared to the previous month.
During the review period, imports of Preserved Herring reached a record high of 43 tons in 2014. However, from 2015 to 2023, imports maintained a lower figure. In terms of value, preserved herring imports surged to $179K in 2023.
In June 2023, the imports of Preserved Salmon reached a peak of 65 tons but declined considerably the following month. Furthermore, the value of preserved salmon imports dropped significantly to $242K during this period.
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.