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

Contents:

  1. Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR (CIF) - 2023
  2. Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR (FOB) - 2022
  3. Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR
  4. Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR

Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $10,918 per ton, declining by -25.8% against the previous month. Over the period under review, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in October 2023 when the average import price increased by 63% m-o-m. The import price peaked at $18,763 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Australia ($18,885 per ton), while the price for Vietnam ($4,312 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Australia (+5.0%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $26,921 per ton, growing by 52% against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 79%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($27,736 per ton), while the average price for exports to Germany ($7,946 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR

After two years of decline, supplies from abroad of nuts, edible; macadamia, fresh or dried, shelleds increased by 107% to 332 tons in 2022. In general, imports, however, continue to indicate a drastic downturn.

In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds soared to $6.7M in 2022. Overall, imports, however, showed a relatively flat trend pattern.

Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7447067854,36835.8%
Australia3573624881,03842.7%
South Africa1,2581,273N/A968-8.4%
Vietnam34642.829.1128-28.2%
United States64097.6171112-44.1%
Malawi899263513N/A-24.5%
Kenya692311257N/A-39.1%
Others78224824178.6-53.5%
Total6,7183,3042,4856,692-0.1%

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

  1. China (209.3 tons)
  2. South Africa (52.6 tons)
  3. Australia (48.2 tons)
  4. United States (11.1 tons)
  5. Vietnam (6.8 tons)

Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR

In 2022, exports of nuts, edible; macadamia, fresh or dried, shelleds from Hong Kong SAR soared to 67 tons, rising by 1,465% compared with 2021 figures. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds soared to $1.8M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China463N/A44.91,74855.7%
Macao SAR35.413.031.049.311.7%
GermanyN/AN/AN/A10.00%
Vietnam160N/AN/AN/A0%
Others21.815.9N/AN/A-27.1%
Total68029.075.91,80738.5%

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

  1. China (63.0 tons)
  2. Macao SAR (2.9 tons)
  3. Germany (1.3 tons)

Source: IndexBox Market Intelligence Platform

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