Hong Kong SAR, China - Wheat Gluten - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheat Gluten Price in Hong Kong SAR - 2023
Contents:
- Wheat Gluten Price in Hong Kong SAR (CIF) - 2022
- Wheat Gluten Price in Hong Kong SAR (FOB) - 2022
- Wheat Gluten Imports in Hong Kong SAR
- Wheat Gluten Exports in Hong Kong SAR
Wheat Gluten Price in Hong Kong SAR (CIF) - 2022
In 2022, the average wheat gluten import price amounted to $2,243 per ton, declining by -14.6% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $3,363 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($9,427 per ton), while the price for South Korea ($1,153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Wheat Gluten Price in Hong Kong SAR (FOB) - 2022
In 2022, the average wheat gluten export price amounted to $1,680 per ton, shrinking by -12.4% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2021 an increase of 34%. As a result, the export price attained the peak level of $1,919 per ton, and then fell in the following year.
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 Singapore ($4,113 per ton), while the average price for exports to Brazil ($1,486 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 Israel (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wheat Gluten Imports in Hong Kong SAR
In 2022, overseas purchases of wheat gluten increased by 112% to 278 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wheat gluten imports skyrocketed to $624K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some 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 Wheat Gluten in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 106 | 299 | 191 | 502 | 67.9% |
Taiwan (Chinese) | 124 | 51.1 | 52.9 | 50.5 | -25.9% |
Australia | 41.4 | 21.6 | 79.9 | 42.2 | 0.6% |
Japan | 38.3 | 39.7 | 16.1 | 15.8 | -25.6% |
South Korea | N/A | N/A | N/A | 13.8 | 0% |
Netherlands | 201 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 4.7 | N/A | 0% |
Total | 510 | 411 | 345 | 624 | 7.0% |
Top Suppliers of Wheat Gluten to Hong Kong SAR in 2022:
- China (226.4 tons)
- Australia (30.0 tons)
- South Korea (12.0 tons)
- Taiwan (Chinese) (5.4 tons)
- Japan (4.6 tons)
Wheat Gluten Exports in Hong Kong SAR
In 2022, the amount of wheat gluten exported from Hong Kong SAR contracted slightly to 13 tons, dropping by -2.6% compared with 2021 figures. In general, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5.5% against the previous year.
In value terms, wheat gluten exports reduced to $22K in 2022. Overall, exports recorded a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 42%.
Export of Wheat Gluten in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 10.9 | 0% |
Zimbabwe | 35.8 | N/A | N/A | 9.6 | -35.5% |
Singapore | 5.7 | 3.1 | 4.1 | 0.9 | -46.0% |
Macao SAR | 21.6 | 15.5 | 15.1 | N/A | -16.4% |
India | 62.7 | N/A | N/A | N/A | 0% |
Others | 2.2 | N/A | 7.1 | 0.9 | -25.8% |
Total | 128 | 18.6 | 26.3 | 22.4 | -44.1% |
Top Export Markets for Wheat Gluten from Hong Kong SAR in 2022:
- Brazil (7.4 tons)
- Zimbabwe (5.5 tons)
- Singapore (0.2 tons)
This report provides an in-depth analysis of the wheat gluten 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 24 - Wheat Gluten
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
- 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
This report provides an in-depth analysis of the wheat gluten market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global wheat gluten market.
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This report provides an in-depth analysis of the wheat gluten market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global wheat gluten market.
In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures.
The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...
In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tons. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tons in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures.
The global wheat gluten market revenue amounted to $6.7B in 2018, rising by 20% against the previous year. This figure ref...