Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR - 2023

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (CIF) - 2023
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR (FOB) - 2023
  3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hong Kong SAR
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States97.936.712.913.2-48.7%
China2.00.80.60.8-26.3%
Vietnam2.2N/A0.20.3-48.5%
Others2.80.40.60.4-47.7%
Total10537.914.414.6-48.2%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Hong Kong SAR in 2022:

  1. United States (2798.6 tons)
  2. China (124.3 tons)
  3. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh5.88.05.06.53.9%
China41.212.05.32.5-60.7%
Macao SAR2.00.61.00.5-37.0%
Vietnam6.31.8N/A0.3-63.8%
United Arab Emirates15.20.30.30.2-76.4%
Thailand7.53.9N/A0.1-76.3%
Spain6.40.2N/AN/A-96.9%
Saudi Arabia3.72.0N/AN/A-45.9%
Others11.05.20.50.4-66.9%
Total99.034.012.010.5-52.7%

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Hong Kong SAR in 2022:

  1. Bangladesh (1277.4 tons)
  2. China (497.4 tons)
  3. Vietnam (65.2 tons)
  4. Macao SAR (63.8 tons)
  5. United Arab Emirates (39.4 tons)
  6. Thailand (19.7 tons)

Source: IndexBox Market Intelligence Platform

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