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Hong Kong SAR, China - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in Hong Kong SAR - 2023
Contents:
- Walnut Price in Hong Kong SAR (FOB) - 2022
- Walnut Price in Hong Kong SAR (CIF) - 2022
- Walnut Exports in Hong Kong SAR
- Walnut Imports in Hong Kong SAR
Walnut Price in Hong Kong SAR (FOB) - 2022
The average walnut export price stood at $9,577 per ton in 2022, with an increase of 167% against the previous year. In general, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +2.6% per year.
Walnut Price in Hong Kong SAR (CIF) - 2022
In 2022, the average walnut import price amounted to $3,222 per ton, picking up by 6.2% against the previous year. Overall, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $4,564 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($5,174 per ton), while the price for China amounted to $2,989 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.8%), while the prices for the other major suppliers experienced a decline.
Walnut Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of walnuts, which decreased by -99.7% to 917 kg in 2022. Over the period under review, exports recorded a precipitous decrease. The smallest decline of -20.9% was in 2021.
In value terms, walnut exports declined remarkably to $8.8K in 2022. Overall, exports showed a significant curtailment. The smallest decline of -17.5% was in 2021.
Export of Walnut in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 47.7 | 0.5 | 10.5 | 8.8 | -43.1% |
Thailand | 764 | 535 | 471 | N/A | -21.5% |
China | 1,333 | 835 | 515 | N/A | -37.8% |
Vietnam | 708 | N/A | N/A | N/A | 0% |
India | N/A | N/A | 139 | N/A | 0% |
Georgia | 235 | N/A | N/A | N/A | 0% |
Turkey | 413 | N/A | N/A | N/A | 0% |
Others | 6.6 | 5.6 | 0.2 | N/A | -82.6% |
Total | 3,508 | 1,377 | 1,135 | 8.8 | -86.4% |
Top Export Markets for Walnut from Hong Kong SAR in 2022:
- Malaysia (917.0 kg)
Walnut Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of walnuts, which decreased by -14.8% to 178 tons in 2022. In general, imports saw a sharp decline.
In value terms, walnut imports declined to $575K in 2022. Overall, imports recorded a precipitous decrease.
Import of Walnut in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 79.5 | 243 | 247 | 482 | 82.3% |
Chile | N/A | N/A | 242 | 83.2 | -65.6% |
Mozambique | N/A | N/A | 136 | N/A | 0% |
United States | 1,591 | 251 | N/A | N/A | -84.2% |
South Africa | N/A | 44.0 | N/A | N/A | 0% |
Canada | 45.4 | 537 | N/A | N/A | 1082.8% |
Others | 6.9 | N/A | 9.8 | 9.5 | 11.2% |
Total | 1,722 | 1,075 | 636 | 575 | -30.6% |
Top Suppliers of Walnut to Hong Kong SAR in 2022:
- China (161.3 tons)
- Chile (16.1 tons)
This report provides an in-depth analysis of the walnut market 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:
- FCL 222 - Walnuts
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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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.
Global walnut market expected to continue upward consumption trend, with market volume forecasted to reach 4.5M tons and market value to reach $13.7B by 2030.
In 2017, the volume of the global shelled walnut consumption stood at approx. X tons. There was a robust increase from 2008-2016, but then it levelled off due to a slight decrease of the supply in China; despite that, there was an average annual i
Global walnut consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the walnut output was China (X thousand tons), accounting for X% of global production.
The U.S. continued its dominance in the global walnut trade. In 2014, the U.S. exported X thousand tons of walnuts totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total wa
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.