Hong Kong SAR, China - Fruits, Nuts And Peel (Sugar Preserved) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Fruits, Nuts And Peel (Sugar Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Candied Fruit Price in Hong Kong SAR - 2023

Contents:

  1. Candied Fruit Price in Hong Kong SAR (FOB) - 2022
  2. Candied Fruit Price in Hong Kong SAR (CIF) - 2023
  3. Candied Fruit Exports in Hong Kong SAR
  4. Candied Fruit Imports in Hong Kong SAR

Candied Fruit Price in Hong Kong SAR (FOB) - 2022

In 2022, the average candied fruit export price amounted to $6,269 per ton, shrinking by -7% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, candied fruit export price increased by +20.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 40% against the previous year. Over the period under review, the average export prices reached the maximum at $6,742 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($7,624 per ton), while the average price for exports to Malaysia ($3,736 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 Malaysia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Price in Hong Kong SAR (CIF) - 2023

The average candied fruit import price stood at $2,533 per ton in March 2023, shrinking by -9.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 149% month-to-month. As a result, import price attained the peak level of $8,068 per ton. From November 2022 to March 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Taiwan (Chinese) ($4,740 per ton), while the price for China stood at $1,972 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.5%).

Candied Fruit Exports in Hong Kong SAR

In 2022, the amount of candied fruits exported from Hong Kong SAR fell to 216 tons, declining by -8.3% on the year before. In general, exports recorded a sharp reduction.

In value terms, candied fruit exports reduced to $1.4M in 2022. Overall, exports recorded a sharp slump.

Export of Candied Fruit in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,8842,8281,1481,149-33.4%
Macao SAR18414819285.5-22.5%
Canada13174.278.641.5-31.8%
United Kingdom69.071.544.127.0-26.9%
Netherlands42.518.559.826.6-14.5%
Others78.021766.425.6-31.0%
Total4,3893,3581,5891,355-32.4%

Top Export Markets for Candied Fruit from Hong Kong SAR in 2022:

  1. China (176.5 tons)
  2. Macao SAR (16.2 tons)
  3. Canada (10.6 tons)
  4. Netherlands (3.7 tons)
  5. United Kingdom (3.5 tons)

Candied Fruit Imports in Hong Kong SAR

Candied fruit imports into Hong Kong SAR rose rapidly to 504 tons in 2022, increasing by 12% on the year before. In general, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. As a result, imports attained the peak of 833 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, candied fruit imports stood at $1.5M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline.

Import of Candied Fruit in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9161,4101,001779-5.3%
Japan1,227704241508-25.5%
Taiwan (Chinese)169185131114-12.3%
Thailand2516.455.073.2-33.7%
Others86.178.841.447.4-18.0%
Total2,6492,3841,4691,521-16.9%

Top Suppliers of Candied Fruit to Hong Kong SAR in 2022:

  1. China (408.7 tons)
  2. Japan (43.1 tons)
  3. Taiwan (Chinese) (28.1 tons)
  4. Thailand (17.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the candied fruit 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 625 - Fruit, Nuts, Peel, Sugar Preserved

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Candied Fruits - Hong Kong SAR