Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR (CIF) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $1,349 per ton in 2022, waning by -12.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 40% against the previous year. The import price peaked at $2,439 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Finland.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.7% per year.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $1,759 per ton, dropping by -22.5% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 89% against the previous year. The export price peaked at $2,268 per ton in 2021, and then dropped remarkably in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($2,348 per ton), while the average price for exports to China ($1,632 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 China (+9.1%).
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR
In 2022, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses increased by 9.6% to 81 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt contraction.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses fell to $109K in 2022. Overall, imports, however, showed a significant decrease.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 43.1 | 19.3 | 47.9 | 109 | 36.2% |
| New Zealand | 42.7 | 51.9 | 25.9 | N/A | -22.1% |
| United States | 171 | 136 | 12.2 | N/A | -73.3% |
| Taiwan (Chinese) | 64.6 | 9.8 | 6.2 | N/A | -69.0% |
| Canada | 11.0 | 8.7 | 4.6 | N/A | -35.3% |
| Others | 34.5 | 16.4 | 17.1 | N/A | -29.6% |
| Total | 367 | 243 | 114 | 109 | -33.3% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Hong Kong SAR in 2022:
- Finland (80.8 tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR
In 2022, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses from Hong Kong SAR surged to 4.8 tons, picking up by 61% on the previous year's figure. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 104% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $8.5K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 122%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 5.2 | 0% |
| Macao SAR | 0.1 | 1.5 | 1.6 | 1.8 | 162.1% |
| China | 3.1 | 1.5 | 1.5 | 1.5 | -21.5% |
| Hungary | N/A | N/A | 3.8 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 3.2 | 3.1 | 6.8 | 8.5 | 38.5% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Hong Kong SAR in 2022:
- Canada (3.2 tons)
- China (0.9 tons)
- Macao SAR (0.8 tons)
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