Price for Fruit, Edible; Durians, Fresh in Hong Kong SAR - 2023
Contents:
- Price for Fruit, Edible; Durians, Fresh in Hong Kong SAR (CIF) - 2023
- Price for Fruit, Edible; Durians, Fresh in Hong Kong SAR (FOB) - 2023
- Imports of Fruit, Edible; Durians, Fresh in Hong Kong SAR
- Exports of Fruit, Edible; Durians, Fresh in Hong Kong SAR
Price for Fruit, Edible; Durians, Fresh in Hong Kong SAR (CIF) - 2023
In June 2023, the average fruit, edible; durians, fresh import price amounted to $3,887 per ton, remaining constant against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 21% m-o-m. The import price peaked at $5,410 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Thailand ($3,877 per ton), while the price for Vietnam stood at $3,240 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.6%).
Price for Fruit, Edible; Durians, Fresh in Hong Kong SAR (FOB) - 2023
The average fruit, edible; durians, fresh export price stood at $3,977 per ton in June 2023, picking up by 5.5% against the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 70% month-to-month. As a result, the export price reached the peak level of $7,462 per ton. From March 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($6,616 per ton), while the average price for exports to China amounted to $3,936 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+2.1%).
Imports of Fruit, Edible; Durians, Fresh in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas purchases of fruit, edible; durians, freshes, which decreased by -38.9% to 137K tons in 2022. Over the period under review, imports continue to indicate a sharp decline. The smallest decline of -5% was in 2020.
In value terms, fruit, edible; durians, fresh imports fell significantly to $514M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30%.
| Import of Fruit, Edible; Durians, Fresh in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 418 | 593 | 647 | 451 | 2.6% |
| Vietnam | 55.1 | 29.7 | 57.7 | 48.7 | -4.0% |
| Others | 9.3 | 6.0 | 12.7 | 14.3 | 15.4% |
| Total | 482 | 629 | 717 | 514 | 2.2% |
Top Suppliers of Fruit, Edible; Durians, Fresh to Hong Kong SAR in 2022:
- Thailand (118.7K tons)
- Vietnam (16.2K tons)
Exports of Fruit, Edible; Durians, Fresh in Hong Kong SAR
In 2022, the amount of fruit, edible; durians, freshes exported from Hong Kong SAR declined markedly to 118K tons, reducing by -42.3% on the year before. In general, exports recorded a significant curtailment. The smallest decline of -4% was in 2020.
In value terms, fruit, edible; durians, fresh exports declined remarkably to $448M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year.
| Export of Fruit, Edible; Durians, Fresh in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 454 | 583 | 654 | 445 | -0.7% |
| Others | 1.4 | 2.7 | 3.4 | 3.6 | 37.0% |
| Total | 456 | 585 | 658 | 448 | -0.6% |
Top Export Markets for Fruit, Edible; Durians, Fresh from Hong Kong SAR in 2022:
- China (117.8K tons)
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