Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR - 2024
Contents:
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR (CIF) - 2024
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR (FOB) - 2024
- Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR
- Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR (CIF) - 2024
The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $4,878 per ton in September 2023, declining by -17.1% against the previous month. Over the period under review, the import price, however, saw a buoyant increase. The growth pace was the most rapid in May 2023 when the average import price increased by 122% against the previous month. The import price peaked at $8,248 per ton in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($11,350 per ton), while the price for the United States ($2,922 per ton) was amongst the lowest.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Chile (+40.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR (FOB) - 2024
In September 2023, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $3,092 per ton, which is down by -33.6% against the previous month. Overall, the export price, however, posted strong growth. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 77% against the previous month. The export price peaked at $5,772 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Macao SAR ($3,303 per ton), while the average price for exports to China totaled $3,082 per ton.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.3%).
Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR
In 2022, approx. 630K tons of apricots, cherries, peaches (including nectarines), plums and sloes, freshes were imported into Hong Kong SAR; which is down by -17.1% on 2021 figures. In general, total imports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of 760K tons, and then declined sharply in the following year.
In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes fell to $3.1B in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports attained the peak of $3.6B, and then dropped in the following year.
| Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1,074 | 945 | 1,645 | 1,430 | 10.0% |
| United States | 66.0 | 47.2 | 39.1 | 26.5 | -26.2% |
| Australia | 32.2 | 31.5 | 54.9 | 25.2 | -7.8% |
| Others | 1,272 | 1,117 | 1,841 | 1,598 | 7.9% |
| Total | 2,444 | 2,141 | 3,580 | 3,080 | 8.0% |
Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Hong Kong SAR in 2022:
- Chile (298.7K tons)
- United States (4.4K tons)
- Australia (3.1K tons)
Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR
In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes exported from Hong Kong SAR dropped modestly to 633K tons, waning by -2.7% compared with the year before. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, the exports attained the peak of 650K tons, and then declined modestly in the following year.
In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes soared to $2.9B in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Hong Kong SAR (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 1.0 | 1.2 | 1.4 | 15.9% |
| Others | 0.9 | 1.0 | 1.2 | 1.4 | 15.9% |
| Total | 1.9 | 2.0 | 2.4 | 2.9 | 15.1% |
Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Hong Kong SAR in 2022:
- China (315.9K tons)
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