Hong Kong SAR, China - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled walnut Price in Hong Kong SAR - 2023
Contents:
- Price Forecast for Shelled Walnuts in Hong Kong SAR till 2025
- Shelled walnut Price in Hong Kong SAR (CIF) - 2023
- Shelled walnut Price in Hong Kong SAR (FOB) - 2023
- Hong Kong SAR Shelled walnut Imports
- Hong Kong SAR Shelled walnut Exports
Price Forecast for Shelled Walnuts in Hong Kong SAR till 2025
Shelled walnut Price in Hong Kong SAR (CIF) - 2023
In January 2023, the average shelled walnut import price amounted to $5,190 per ton, declining by -23% against the previous month. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth was the most pronounced in March 2022 when the average import price increased by 24% month-to-month. As a result, import price attained the peak level of $8,993 per ton. From April 2022 to January 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was France ($11.8 per kg), while the price for the United States ($4,901 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Shelled walnut Price in Hong Kong SAR (FOB) - 2023
The average shelled walnut export price stood at $9,315 per ton in January 2023, with an increase of 20% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 32% month-to-month. As a result, the export price attained the peak level of $9,833 per ton. From September 2022 to January 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In January 2023, the country with the highest price was Macao SAR ($9,673 per ton), while the average price for exports to Canada totaled $5,627 per ton.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+1.2%), while the prices for the other major destinations experienced a decline.
Hong Kong SAR Shelled walnut Imports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| United States | 3.0 | 5.0 | 2.2 | 4.6 | 15.3% |
| China | 1.2 | 3.1 | 1.8 | 3.1 | 37.2% |
| Taiwan (Chinese) | 0.1 | 0.6 | 0.3 | 0.6 | 81.7% |
| Others | 0.3 | 0.1 | 0.3 | 0.1 | -30.7% |
| Total | 4.5 | 8.8 | 4.7 | 8.3 | 22.6% |
Top Suppliers of Shelled walnuts to Hong Kong SAR 2022:
- United States (543.1 tons)
- China (422.6 tons)
- Taiwan (Chinese) (37.0 tons)
Shelled walnut imports into Hong Kong SAR surged to 1K tons in 2022, with an increase of 42% against the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 75% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, shelled walnut imports soared to $8.3M in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 95%. As a result, imports reached the peak of $8.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Hong Kong SAR Shelled walnut Exports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Thousand USD | |||||
| Macao SAR | 65.2 | 1,462 | 236 | 177 | 39.5% |
| Philippines | 56.9 | 948 | 157 | 132 | 32.4% |
| Singapore | 41.2 | 180 | 34.6 | 60.4 | 13.6% |
| China | 36.7 | 41.5 | 64.2 | 57.6 | 16.2% |
| Canada | 4.6 | 73.3 | 7.9 | 9.4 | 26.9% |
| Thailand | N/A | N/A | 115 | N/A | 0% |
| Vietnam | 21.2 | N/A | N/A | N/A | 0% |
| Others | 3.5 | 78.1 | 3.7 | 4.9 | 11.9% |
| Total | 229 | 2,782 | 619 | 442 | 24.5% |
Top Export Markets for Shelled walnuts from Hong Kong SAR 2022:
- Philippines (17.3 tons)
- Macao SAR (16.9 tons)
- China (8.9 tons)
- Singapore (7.0 tons)
- Canada (1.2 tons)
In 2022, shipments abroad of shelled walnuts decreased by -43.8% to 52 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 974% against the previous year. As a result, the exports reached the peak of 328 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, shelled walnut exports plummeted to $442K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,113%. As a result, the exports reached the peak of $2.8M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
This report provides an in-depth analysis of the shelled walnut 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 222 - Walnuts
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
342
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