Hong Kong SAR, China - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights

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Temporarily Preserved Vegetable Price in Hong Kong SAR - 2023

Contents:

  1. Temporarily Preserved Vegetable Price in Hong Kong SAR (CIF) - 2022
  2. Temporarily Preserved Vegetable Price in Hong Kong SAR (FOB) - 2022
  3. Temporarily Preserved Vegetable Imports in Hong Kong SAR
  4. Temporarily Preserved Vegetable Exports in Hong Kong SAR

Temporarily Preserved Vegetable Price in Hong Kong SAR (CIF) - 2022

In 2022, the average temporarily preserved vegetable import price amounted to $2,581 per ton, surging by 14% against the previous year. Overall, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 101% against the previous year. Over the period under review, average import prices hit record highs at $3,264 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 France ($4,949 per ton), while the price for China ($1,127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Temporarily Preserved Vegetable Price in Hong Kong SAR (FOB) - 2022

The average temporarily preserved vegetable export price stood at $1,770 per ton in 2022, falling by -15.4% against the previous year. Overall, the export price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 67% against the previous year. As a result, the export price attained the peak level of $2,093 per ton, and then dropped sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($5,366 per ton), while the average price for exports to Mozambique ($507 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 the UK (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Temporarily Preserved Vegetable Imports in Hong Kong SAR

In 2022, the amount of vegetables (temporarily preserved) imported into Hong Kong SAR shrank to 114 tons, which is down by -3.5% compared with the year before. Overall, imports faced a abrupt decrease. The smallest decline of -1.7% was in 2021.

In value terms, temporarily preserved vegetable imports rose remarkably to $295K in 2022. Over the period under review, imports recorded a precipitous shrinkage.

Import of Temporarily Preserved Vegetable in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France366156164147-26.2%
China11763.268.878.3-12.5%
Italy45.143.632.870.015.8%
United Kingdom95.310.7N/AN/A-88.8%
Others0.2N/A4.0N/A347.2%
Total624274269295-22.1%

Top Suppliers of Temporarily Preserved Vegetable to Hong Kong SAR in 2022:

  1. China (69.4 tons)
  2. France (29.7 tons)
  3. Italy (15.2 tons)

Temporarily Preserved Vegetable Exports in Hong Kong SAR

In 2022, shipments abroad of vegetables (temporarily preserved) was finally on the rise to reach 71 tons after two years of decline. In general, exports, however, faced a precipitous slump.

In value terms, temporarily preserved vegetable exports totaled $126K in 2022. Overall, exports, however, continue to indicate a abrupt descent.

Export of Temporarily Preserved Vegetable in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom17.31.2N/A48.240.7%
Panama8.78.96.518.528.6%
Canada14.474.734.117.15.9%
MozambiqueN/AN/AN/A10.00%
Singapore9.15.44.46.8-9.3%
Netherlands0.53.31.93.183.7%
Malaysia14110820.1N/A-62.2%
United States21.826.729.6N/A16.5%
Others29.13.725.422.0-8.9%
Total242232122126-19.6%

Top Export Markets for Temporarily Preserved Vegetable from Hong Kong SAR in 2022:

  1. Mozambique (19.7 tons)
  2. United Kingdom (13.8 tons)
  3. Panama (3.8 tons)
  4. Singapore (3.4 tons)
  5. Canada (3.2 tons)
  6. Netherlands (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the temporarily preserved vegetable 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 474 - Vegetables, Temporarily 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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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