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

Contents:

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

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

The average import price for nuts, edible; macadamia, fresh or dried, in shells stood at $4,699 per ton in 2022, with an increase of 8.2% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; macadamia, fresh or dried, in shells decreased by -16.7% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 27% against the previous year. Over the period under review, average import prices reached the maximum at $5,638 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($7,333 per ton), while the price for Colombia ($1,660 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nuts, edible; macadamia, fresh or dried, in shells amounted to $3,095 per ton, increasing by 30% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; macadamia, fresh or dried, in shells increased by +41.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 63% against the previous year. As a result, the export price attained the peak level of $3,842 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,356 per ton), while the average price for exports to Vietnam stood at $2,109 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.4%).

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

Imports of nuts, edible; macadamia, fresh or dried, in shells into Hong Kong SAR declined significantly to 1.5K tons in 2022, shrinking by -82.9% against the previous year. In general, imports continue to indicate a sharp decline. The smallest decline of -16.1% was in 2020.

In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells shrank notably to $7.2M in 2022. Over the period under review, imports showed a sharp shrinkage. The smallest decline of -9% was in 2020.

Import of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa42.143.023.15.2-50.2%
Guatemala11.99.010.50.7-61.1%
ChinaN/A0.20.10.673.2%
Mozambique6.65.23.60.4-60.7%
Vietnam0.3N/AN/A0.1-30.7%
ColombiaN/AN/AN/A0.10%
Brazil2.70.90.4N/A-61.5%
Others1.71.21.20.1-61.1%
Total65.459.538.87.2-52.1%

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

  1. South Africa (1023.3 tons)
  2. Guatemala (225.2 tons)
  3. China (114.2 tons)
  4. Mozambique (75.0 tons)
  5. Colombia (41.6 tons)
  6. Vietnam (30.2 tons)

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

In 2022, approx. 1.6K tons of nuts, edible; macadamia, fresh or dried, in shells were exported from Hong Kong SAR; declining by -78.1% against 2021 figures. Overall, exports saw a sharp setback. The smallest decline of -12% was in 2021.

In value terms, exports of nuts, edible; macadamia, fresh or dried, in shells contracted rapidly to $4.9M in 2022. In general, exports faced a sharp shrinkage. The smallest decline of -4.4% was in 2021.

Export of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.50.56.92.979.7%
Vietnam28.417.610.41.9-59.4%
Others0.1N/AN/A0.10.0%
Total29.018.117.34.9-44.7%

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

  1. Vietnam (911.9 tons)
  2. China (675.2 tons)

Source: IndexBox Market Intelligence Platform

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