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Hong Kong SAR, China - Starch other than Wheat, Corn or Potato - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Starch Other than Wheat, Corn or Potato in Hong Kong SAR - 2023
Contents:
- Price for Starch Other than Wheat, Corn or Potato in Hong Kong SAR (CIF) - 2023
- Price for Starch Other than Wheat, Corn or Potato in Hong Kong SAR (FOB) - 2022
- Imports of Starch Other than Wheat, Corn or Potato in Hong Kong SAR
- Exports of Starch Other than Wheat, Corn or Potato in Hong Kong SAR
Price for Starch Other than Wheat, Corn or Potato in Hong Kong SAR (CIF) - 2023
In September 2023, the average import price for starch other than wheat, corn or potato amounted to $756 per ton, which is down by -4.1% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 16% m-o-m. The import price peaked at $795 per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($1,014 per ton), while the price for Thailand ($598 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Starch Other than Wheat, Corn or Potato in Hong Kong SAR (FOB) - 2022
The average export price for starch other than wheat, corn or potato stood at $939 per ton in 2022, jumping by 21% against the previous year. In general, the export price continues to indicate strong growth. The growth pace was the most rapid in 2018 an increase of 53% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($2,798 per ton), while the average price for exports to China ($678 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 Vietnam (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Starch Other than Wheat, Corn or Potato in Hong Kong SAR
In 2022, imports of starch other than wheat, corn or potato into Hong Kong SAR expanded sharply to 7.6K tons, increasing by 5.1% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 5.6% against the previous year.
In value terms, imports of starch other than wheat, corn or potato surged to $5.4M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Starch Other than Wheat, Corn or Potato in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 2.7 | 2.5 | 2.8 | 2.8 | 1.2% |
China | 2.0 | 1.4 | 1.8 | 2.4 | 6.3% |
Others | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
Total | 4.8 | 4.2 | 4.7 | 5.4 | 4.0% |
Top Suppliers of Starch Other than Wheat, Corn or Potato to Hong Kong SAR in 2022:
- Thailand (5.0K tons)
- China (2.4K tons)
Exports of Starch Other than Wheat, Corn or Potato in Hong Kong SAR
Exports of starch other than wheat, corn or potato from Hong Kong SAR dropped dramatically to 577 tons in 2022, waning by -33% against 2021 figures. Over the period under review, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports attained the peak of 861 tons, and then fell significantly in the following year.
In value terms, exports of starch other than wheat, corn or potato shrank remarkably to $541K in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $667K, and then plummeted in the following year.
Export of Starch Other than Wheat, Corn or Potato in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 239 | 141 | 334 | 315 | 9.6% |
China | 136 | 239 | 185 | 111 | -6.5% |
Macao SAR | 126 | 86.6 | 120 | 77.1 | -15.1% |
Canada | 111 | 32.2 | 22.5 | 25.6 | -38.7% |
Others | 33.6 | 18.2 | 5.2 | 13.2 | -26.8% |
Total | 646 | 518 | 667 | 541 | -5.7% |
Top Export Markets for Starch Other than Wheat, Corn or Potato from Hong Kong SAR in 2022:
- Ghana (325.5 tons)
- China (163.0 tons)
- Macao SAR (73.1 tons)
- Canada (9.2 tons)
This report provides an in-depth analysis of the market for starch other than wheat, corn or potato in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10621119 - Starches (including rice, manioc, arrowroot and sago palm pith) (excluding wheat, maize (corn) and potato)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The price of Maize Starch in June 2023 was $798 per ton (CIF, Hong Kong), showing an 11% increase compared to the previous month.
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
The price of Maize Starch in June 2023 was $798 per ton (CIF, Hong Kong), showing an 11% increase compared to the previous month.
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...