Hong Kong SAR, China - Dried Cod, Whether Or Not Salted - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dried Cod, Whether or Not Salted in Hong Kong SAR - 2023
Contents:
- Price for Dried Cod, Whether or Not Salted in Hong Kong SAR (CIF) - 2022
- Price for Dried Cod, Whether or Not Salted in Hong Kong SAR (FOB) - 2022
- Imports of Dried Cod, Whether or Not Salted in Hong Kong SAR
- Exports of Dried Cod, Whether or Not Salted in Hong Kong SAR
Price for Dried Cod, Whether or Not Salted in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for dried cod, whether or not salted amounted to $4,711 per ton, reducing by -70% against the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30%. The import price peaked at $15,697 per ton in 2021, and then reduced notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +18.7% per year.
Price for Dried Cod, Whether or Not Salted in Hong Kong SAR (FOB) - 2022
The average export price for dried cod, whether or not salted stood at $20,400 per ton in 2022, almost unchanged from the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dried cod, whether or not salted increased by +91.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 76%. The export price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +9.3% per year.
Imports of Dried Cod, Whether or Not Salted in Hong Kong SAR
In 2022, approx. 18 tons of dried cod, whether or not salted were imported into Hong Kong SAR; picking up by 273% against the previous year's figure. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of dried cod, whether or not salted expanded markedly to $84K in 2022. Overall, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports attained the peak of $152K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Dried Cod, Whether or Not Salted in Hong Kong SAR (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 0.8 | 1.2 | 0.2 | 84.2 | 372.1% |
Bangladesh | 18.3 | 25.3 | 12.5 | N/A | -17.4% |
Colombia | 3.4 | N/A | N/A | N/A | 0% |
United States | 2.1 | 2.9 | 1.4 | N/A | -18.4% |
Uganda | 88.6 | 122 | 60.6 | N/A | -17.3% |
Others | 0.6 | 0.6 | 0.3 | N/A | -29.3% |
Total | 114 | 152 | 75.1 | 84.2 | -9.6% |
Top Suppliers of Dried Cod, Whether or Not Salted to Hong Kong SAR in 2022:
- Japan (17.9 tons)
Exports of Dried Cod, Whether or Not Salted in Hong Kong SAR
In 2022, the amount of dried cod, whether or not salted exported from Hong Kong SAR reduced notably to 75 kg, with a decrease of -95.8% against the previous year's figure. Overall, exports showed a significant decline. The growth pace was the most rapid in 2021 with an increase of 885%.
In value terms, exports of dried cod, whether or not salted fell remarkably to $1.5K in 2022. Over the period under review, exports showed a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 900%.
Export of Dried Cod, Whether or Not Salted in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 0.3 | N/A | 0.1 | 1.5 | 71.0% |
Nigeria | 40.2 | 3.5 | 34.7 | N/A | -7.1% |
United States | 1.1 | 0.1 | 0.6 | N/A | -26.1% |
Others | 0.9 | N/A | 1.0 | N/A | 5.4% |
Total | 42.6 | 3.6 | 36.4 | 1.5 | -67.2% |
Top Export Markets for Dried Cod, Whether or Not Salted from Hong Kong SAR in 2022:
- Canada (75.0 kg)
This report provides an in-depth analysis of the market for dried cod, whether or not salted 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 2025.
Product coverage:
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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