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Hong Kong SAR, China - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Broad Bean and Horse Bean in Hong Kong SAR - 2023
Contents:
- Price for Broad Bean and Horse Bean in Hong Kong SAR (CIF) - 2022
- Price for Broad Bean and Horse Bean in Hong Kong SAR (FOB) - 2022
- Imports of Broad Bean and Horse Bean in Hong Kong SAR
- Exports of Broad Bean and Horse Bean in Hong Kong SAR
Price for Broad Bean and Horse Bean in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for broad beans and horse beans (dry) amounted to $2,632 per ton, surging by 83% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($3,475 per ton), while the price for the United States ($1,221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Broad Bean and Horse Bean in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for broad beans and horse beans (dry) amounted to $3,856 per ton, surging by 8.2% against the previous year. Overall, the export price recorded strong growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 35%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
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 +8.3% per year.
Imports of Broad Bean and Horse Bean in Hong Kong SAR
In 2022, broad bean and horse bean imports into Hong Kong SAR fell markedly to 17 tons, which is down by -68.5% on the previous year. Over the period under review, imports recorded a precipitous descent. The smallest decline of -16.1% was in 2021.
In value terms, broad bean and horse bean imports reduced remarkably to $45K in 2022. In general, imports recorded a dramatic decline. The smallest decline of -18.2% was in 2021.
Import of Broad Bean and Horse Bean in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 38.9 | 36.8 | 33.7 | 34.1 | -4.3% |
United States | 38.5 | 31.8 | 30.4 | 5.6 | -47.4% |
China | 49.4 | 10.0 | 14.3 | 5.6 | -51.6% |
Australia | 24.5 | 17.2 | N/A | N/A | -29.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 151 | 95.8 | 78.4 | 45.2 | -33.1% |
Top Suppliers of Broad Bean and Horse Bean to Hong Kong SAR in 2022:
- Taiwan (Chinese) (9.8 tons)
- United States (4.6 tons)
- China (2.8 tons)
Exports of Broad Bean and Horse Bean in Hong Kong SAR
In 2022, exports of broad beans and horse beans (dry) from Hong Kong SAR contracted notably to 4.2 tons, reducing by -45.4% on 2021 figures. In general, exports saw a dramatic descent. The smallest decline of -1.4% was in 2021.
In value terms, broad bean and horse bean exports shrank sharply to $16K in 2022. Over the period under review, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.
Export of Broad Bean and Horse Bean in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 38.0 | 23.4 | 22.9 | 16.2 | -24.7% |
Netherlands | N/A | N/A | 4.5 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 38.0 | 23.4 | 27.4 | 16.2 | -24.7% |
Top Export Markets for Broad Bean and Horse Bean from Hong Kong SAR in 2022:
- Macao SAR (4.2 tons)
This report provides an in-depth analysis of the market for broad bean and horse bean 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 181 - Broad beans, dry
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
- 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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