Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR - 2023
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (CIF) - 2023
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (FOB) - 2023
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR
- Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (CIF) - 2023
The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $4,613 per ton in September 2023, growing by 8.6% against the previous month. Overall, the import price, however, recorded a mild reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 15% m-o-m. The import price peaked at $5,497 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($7,971 per ton), while the price for the United States amounted to $4,572 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.0%).
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (FOB) - 2023
In September 2023, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $5,037 per ton, remaining relatively unchanged against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 88% month-to-month. As a result, the export price reached the peak level of $8,995 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Macao SAR ($14,554 per ton), while the average price for exports to Bangladesh ($4,257 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR
In 2022, purchases abroad of nuts, edible; almonds, fresh or dried, shelleds increased by 7.1% to 3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous curtailment.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds reached $15M in 2022. Overall, imports, however, saw a dramatic shrinkage.
Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 97.9 | 36.7 | 12.9 | 13.2 | -48.7% |
China | 2.0 | 0.8 | 0.6 | 0.8 | -26.3% |
Vietnam | 2.2 | N/A | 0.2 | 0.3 | -48.5% |
Others | 2.8 | 0.4 | 0.6 | 0.4 | -47.7% |
Total | 105 | 37.9 | 14.4 | 14.6 | -48.2% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Hong Kong SAR in 2022:
- United States (2798.6 tons)
- China (124.3 tons)
- Vietnam (32.2 tons)
Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR
In 2022, exports of nuts, edible; almonds, fresh or dried, shelleds from Hong Kong SAR fell significantly to 2K tons, which is down by -18.3% on 2021 figures. In general, exports continue to indicate a sharp shrinkage.
In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds dropped to $10M in 2022. Over the period under review, exports recorded a dramatic shrinkage.
Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | 5.8 | 8.0 | 5.0 | 6.5 | 3.9% |
China | 41.2 | 12.0 | 5.3 | 2.5 | -60.7% |
Macao SAR | 2.0 | 0.6 | 1.0 | 0.5 | -37.0% |
Vietnam | 6.3 | 1.8 | N/A | 0.3 | -63.8% |
United Arab Emirates | 15.2 | 0.3 | 0.3 | 0.2 | -76.4% |
Thailand | 7.5 | 3.9 | N/A | 0.1 | -76.3% |
Spain | 6.4 | 0.2 | N/A | N/A | -96.9% |
Saudi Arabia | 3.7 | 2.0 | N/A | N/A | -45.9% |
Others | 11.0 | 5.2 | 0.5 | 0.4 | -66.9% |
Total | 99.0 | 34.0 | 12.0 | 10.5 | -52.7% |
Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Hong Kong SAR in 2022:
- Bangladesh (1277.4 tons)
- China (497.4 tons)
- Vietnam (65.2 tons)
- Macao SAR (63.8 tons)
- United Arab Emirates (39.4 tons)
- Thailand (19.7 tons)
This report provides an in-depth analysis of the nuts market in Hong Kong SAR, China.
This report provides an in-depth analysis of the almond market in Hong Kong SAR, China.
This report provides an in-depth analysis of the shelled walnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the shelled hazelnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the walnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the pistachio market in Hong Kong SAR, China.
This report provides an in-depth analysis of the kola nut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the hazelnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the chestnut market in Hong Kong SAR, China.
This report provides an in-depth analysis of the areca nut market in Hong Kong SAR, China.
In May 2023, the almond price reached $3,429 per ton (CIF, Hong Kong), showing a 46% increase compared to the previous month.
In January 2023, the shelled walnut price amounted to $5,190 per ton (CIF, Hong Kong), which is down by -23% against the previous month.
In May 2023, the price of Pistachio reached $9,623 per ton (CIF, Hong Kong), showing a 20% increase compared to the previous month.
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.
The world nut market is expected to reach a value of USD 92.4 billion by 2030, up from USD 66.6 billion in 2022, growing at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030.
Explore the top import markets for almonds in 2023, including India, China, UAE, Spain, and more. Discover key statistics and trends in the global almond market.
The global almond market revenue amounted to $10.5B in 2018, going up by 6.5% against the previous year. This figure...
From 2007 to 2016, the value of the global almond market showed a stable dynamic trend. However, in 2016, the value of the the global almond market dropped to X billion USD. One of the main reasons for this can be explained by the favourable weather
Global almond consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.