Price for Fruit, Edible; Apples, Dried in Hong Kong SAR - 2023

Contents:

  1. Price for Fruit, Edible; Apples, Dried in Hong Kong SAR (CIF) - 2022
  2. Price for Fruit, Edible; Apples, Dried in Hong Kong SAR (FOB) - 2022
  3. Imports of Fruit, Edible; Apples, Dried in Hong Kong SAR
  4. Exports of Fruit, Edible; Apples, Dried in Hong Kong SAR

Price for Fruit, Edible; Apples, Dried in Hong Kong SAR (CIF) - 2022

The average fruit, edible; apples, dried import price stood at $555 per ton in 2022, reducing by -14.4% against the previous year. In general, the import price, however, posted temperate growth. The most prominent rate of growth was recorded in 2017 an increase of 79%. As a result, import price reached the peak level of $2,040 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.5% per year.

Price for Fruit, Edible; Apples, Dried in Hong Kong SAR (FOB) - 2022

In 2022, the average fruit, edible; apples, dried export price amounted to $6,877 per ton, jumping by 80% against the previous year. In general, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 105%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($23,840 per ton), while the average price for exports to China amounted to $3,008 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+15.3%).

Imports of Fruit, Edible; Apples, Dried in Hong Kong SAR

After three years of growth, purchases abroad of fruit, edible; apples, dried decreased by -19.8% to 334 tons in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 519%. As a result, imports attained the peak of 416 tons, and then contracted markedly in the following year.

In value terms, fruit, edible; apples, dried imports shrank markedly to $186K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 194%. As a result, imports attained the peak of $270K, and then declined dramatically in the following year.

Import of Fruit, Edible; Apples, Dried in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China71.753.520014526.5%
Others35.038.470.140.95.3%
Total10791.927018620.2%

Top Suppliers of Fruit, Edible; Apples, Dried to Hong Kong SAR in 2022:

  1. China (330.3 tons)

Exports of Fruit, Edible; Apples, Dried in Hong Kong SAR

In 2022, approx. 2.7 tons of fruit, edible; apples, dried were exported from Hong Kong SAR; with a decrease of -21.3% against 2021. Over the period under review, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 453% against the previous year.

In value terms, fruit, edible; apples, dried exports skyrocketed to $19K in 2022. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 245%.

Export of Fruit, Edible; Apples, Dried in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR7.40.53.710.612.7%
China17.21.69.46.8-26.6%
OthersN/A1.7N/A1.3-12.6%
Total24.63.813.218.7-8.7%

Top Export Markets for Fruit, Edible; Apples, Dried from Hong Kong SAR in 2022:

  1. China (2250.0 kg)
  2. Macao SAR (443.0 kg)

Source: IndexBox Market Intelligence Platform

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