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Hong Kong SAR, China - Stuffed Pasta And Couscous - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Hong Kong SAR, China - Stuffed Pasta And Couscous - Market Analysis, Forecast, Size, Trends and Insights

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Sep 23, 2023

Record High: Pasta and Couscous Prices Soar by 1% to $2,509 per Ton in Hong Kong

Hong Kong Pasta And Couscous Import Price in June 2023

In June 2023, the pasta and couscous price stood at $2,509 per ton (CIF, Hong Kong), almost unchanged from the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 6.1% m-o-m. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Taiwan (Chinese) ($4,436 per ton), while the price for China ($2,047 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Hong Kong Pasta And Couscous Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Pasta And Couscous in Hong Kong (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Taiwan (Chinese)4,6984,6744,7674,2554,2424,1464,5464,0264,6154,4274,2764,4594,436
Japan3,3653,5333,6353,4343,0672,7453,1633,7043,1733,0823,4464,0893,726
Vietnam3,2292,9472,9993,5813,4063,6803,1893,4993,5203,0103,4983,8433,503
Thailand2,7502,3452,8552,7822,8792,9473,0242,8913,0812,8262,7152,8932,894
South Korea2,7533,1472,5472,6922,5972,4212,7732,8782,5632,1622,5792,9022,741
Indonesia2,1682,1892,2332,2632,3292,2072,3422,1872,2672,1972,2562,2002,126
China1,9001,9321,9032,0132,0022,0152,0311,9321,9531,9812,0431,9602,047
Average2,4042,4222,3522,4152,4132,3422,4402,3792,3982,3012,4422,4852,509

Hong Kong Pasta And Couscous Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In June 2023, the product with the highest price was couscous ($5,492 per ton), while the price for dried, undried and frozen pasta and pasta products ($2,294 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by couscous (+2.0%), while the prices for the other products experienced more modest paces of growth.

Hong Kong Pasta And Couscous Imports

In June 2023, approximately 8.6K tons of stuffed pasta and couscous were imported into Hong Kong; waning by -1.9% on the month before. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 with an increase of 28% against the previous month. As a result, imports reached the peak of 9.9K tons. From April 2023 to June 2023, the growth of imports remained at a somewhat lower figure.

In value terms, pasta and couscous imports contracted slightly to $22M (IndexBox estimates) in June 2023. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when imports increased by 23% against the previous month. As a result, imports attained the peak of $23M. From April 2023 to June 2023, the growth of imports remained at a lower figure.

Hong Kong Pasta And Couscous Imports by Type

In June 2023, dried, undried and frozen pasta and pasta products (7K tons) constituted the largest type of pasta and couscous supplied to Hong Kong, accounting for a 81% share of total imports. Moreover, dried, undried and frozen pasta and pasta products exceeded the figures recorded for the second-largest type, pasta stuffed with meat, fish and cheese (1.6K tons), fourfold.

From June 2022 to June 2023, the average monthly growth rate of the volume of import of dried, undried and frozen pasta and pasta products was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: pasta stuffed with meat, fish and cheese (+0.7% per month) and couscous (-5.6% per month).

In value terms, dried, undried and frozen pasta and pasta products ($16M) constituted the largest type of pasta and couscous supplied to Hong Kong, comprising 74% of total imports. The second position in the ranking was taken by pasta stuffed with meat, fish and cheese ($5.6M), with a 26% share of total imports.

Hong Kong Pasta And Couscous Imports by Country

In June 2023, China (5.5K tons) constituted the largest pasta and couscous supplier to Hong Kong, with a 64% share of total imports. Moreover, pasta and couscous imports from China exceeded the figures recorded by the second-largest supplier, Japan (1.2K tons), fivefold. South Korea (639 tons) ranked third in terms of total imports with a 7.4% share.

From June 2022 to June 2023, the average monthly growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-0.8% per month) and South Korea (+0.9% per month).

In value terms, China ($11M) constituted the largest supplier of pasta and couscous to Hong Kong, comprising 52% of total imports. The second position in the ranking was held by Japan ($4.5M), with a 21% share of total imports. It was followed by South Korea, with an 8.1% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+0.0% per month) and South Korea (+0.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pasta and couscous 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:

  • Prodcom 10731200 - Couscous
  • Prodcom 10851410 - Cooked or uncooked pasta stuffed with meat, fish, cheese or other substances in any proportion
  • Prodcom 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)

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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