Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR (CIF) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $1,686 per ton, dropping by -21.7% against the previous year. Over the period under review, the import price, however, showed a resilient expansion. The growth pace was the most rapid in 2015 when the average import price increased by 67% against the previous year. The import price peaked at $3,749 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($7,667 per ton), while the price for India ($583 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $1,265 per ton in 2022, growing by 3.1% against the previous year. In general, the export price showed a mild increase. The growth pace was the most rapid in 2019 an increase of 82%. As a result, the export price reached the peak level of $1,963 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($6,750 per ton), while the average price for exports to Australia ($1,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+110.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR
In 2022, approx. 303 kg of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were imported into Hong Kong SAR; picking up by 19% on the previous year. Over the period under review, imports, however, saw a abrupt descent.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) reduced to $511 in 2022. In general, imports, however, faced a dramatic setback.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,073 | 413 | 367 | 299 | -34.7% |
| India | 8.0 | 114 | 133 | 91.0 | 124.9% |
| France | N/A | N/A | N/A | 38.0 | 0% |
| Australia | 159 | 48.0 | 25.0 | 19.0 | -50.7% |
| Others | 48.0 | 16.0 | 24.0 | 64.0 | 10.1% |
| Total | 1,288 | 591 | 549 | 511 | -26.5% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Hong Kong SAR in 2022:
- India (156.0 kg)
- Japan (122.0 kg)
- France (7.0 kg)
- Australia (5.0 kg)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR
In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -86.1% to 321 kg, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 220%. As a result, the exports attained the peak of 4.5 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) shrank remarkably to $406 in 2022. In general, exports saw a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 88% against the previous year. As a result, the exports attained the peak of $5.3K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,117 | 4,529 | 2,504 | 370 | -30.8% |
| Macao SAR | 370 | 599 | 271 | 27.0 | -58.2% |
| Malaysia | 83.0 | 131 | 58.0 | 7.0 | -56.1% |
| Portugal | 518 | N/A | N/A | N/A | 0% |
| Others | 704 | N/A | N/A | 2.0 | -85.8% |
| Total | 2,792 | 5,259 | 2,833 | 406 | -47.4% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Hong Kong SAR in 2022:
- Australia (312.0 kg)
- Macao SAR (4.0 kg)
- Malaysia (3.0 kg)
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