Price for Cereals; Oats, Other than Seed in Hong Kong SAR - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Hong Kong SAR (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Hong Kong SAR (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Hong Kong SAR
- Exports of Cereals; Oats, Other than Seed in Hong Kong SAR
Price for Cereals; Oats, Other than Seed in Hong Kong SAR (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $510 per ton in 2022, increasing by 1.6% against the previous year. In general, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 70% against the previous year. The import price peaked at $948 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,372 per ton), while the price for the United States ($243 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-7.7%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Oats, Other than Seed in Hong Kong SAR (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $2,000 per ton in 2021, increasing by 80% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 322%. As a result, the export price reached the peak level of $16,900 per ton. From 2014 to 2021, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for Macao SAR amounted to -3.6% per year.
Imports of Cereals; Oats, Other than Seed in Hong Kong SAR
In 2022, the amount of cereals; oats, other than seeds imported into Hong Kong SAR was estimated at 183 tons, picking up by 11% compared with 2021. Over the period under review, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 773%.
In value terms, cereals; oats, other than seed imports rose rapidly to $93K in 2022. In general, imports, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by 459% against the previous year.
| Import of Cereals; Oats, Other than Seed in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 28.3 | 0.5 | 34.5 | 41.2 | 13.3% |
| New Zealand | 22.0 | 3.6 | 25.0 | 27.1 | 7.2% |
| Canada | 7.1 | 4.6 | 9.3 | 11.5 | 17.4% |
| China | 11.5 | 1.5 | 8.7 | 7.1 | -14.8% |
| United States | 21.6 | 1.7 | 1.3 | 4.2 | -42.1% |
| Singapore | 3.9 | 0.5 | 2.3 | 1.4 | -28.9% |
| United Kingdom | 10.0 | 0.5 | 1.3 | 0.5 | -63.2% |
| Others | 2.5 | 1.9 | 0.6 | 0.5 | -41.5% |
| Total | 107 | 14.8 | 83.0 | 93.5 | -4.4% |
Top Suppliers of Cereals; Oats, Other than Seed to Hong Kong SAR in 2022:
- Australia (85.0 tons)
- New Zealand (39.8 tons)
- Canada (31.9 tons)
- United States (17.2 tons)
- China (5.2 tons)
- Singapore (3.7 tons)
- United Kingdom (0.4 tons)
Exports of Cereals; Oats, Other than Seed in Hong Kong SAR
Cereals; oats, other than seed exports from Hong Kong SAR shrank markedly to 1 kg in 2021, with a decrease of -88.9% against the previous year's figure. Overall, exports faced a dramatic setback.
In value terms, cereals; oats, other than seed exports dropped rapidly to $2 in 2021. Over the period under review, exports showed a precipitous setback.
| Export of Cereals; Oats, Other than Seed in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| China | N/A | 2.0 | 0% | ||
| Indonesia | 10.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 10.0 | 2.0 | -80.0% | ||
Top Export Markets for Cereals; Oats, Other than Seed from Hong Kong SAR in 2022:
- China (1.0 kg)
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