Hong Kong SAR, China: Green Bean Market 2025

Green Bean Market Size in Hong Kong SAR, China

In 2022, the Hong Kong green bean market decreased by -10.5% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, showed a notable increase. Green bean consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Green Bean Production in Hong Kong SAR, China

In value terms, green bean production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 172% against the previous year. Green bean production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of green beans in Hong Kong SAR contracted modestly to X tons per ha in 2022, approximately reflecting the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by 2.4% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average green bean yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of green beans were harvested in Hong Kong SAR; approximately mirroring 2021 figures. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 3.2% against the previous year. Over the period under review, the harvested area dedicated to green bean production attained the peak figure in 2022 and is expected to retain growth in the near future.

Green Bean Exports

Exports from Hong Kong SAR, China

In 2022, the amount of green beans exported from Hong Kong SAR soared to X tons, increasing by 45% against the year before. Overall, exports showed a pronounced expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 354%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, green bean exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2018 with an increase of 280% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Macao SAR (X tons) was the main destination for green bean exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Macao SAR stood at +2.7%.

In value terms, Macao SAR ($X) also remains the key foreign market for green beans exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to Macao SAR amounted to -3.3%.

Export Prices by Country

The average green bean export price stood at $X per ton in 2022, with a decrease of -12.2% against the previous year. In general, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 75%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Macao SAR.

From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to -5.8% per year.

Green Bean Imports

Imports into Hong Kong SAR, China

In 2022, overseas purchases of green beans decreased by -28.1% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 718%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, green bean imports expanded to $X in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 427%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Kenya (X tons) constituted the largest supplier of green bean to Hong Kong SAR, accounting for a 86% share of total imports. Moreover, green bean imports from Kenya exceeded the figures recorded by the second-largest supplier, Japan (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kenya totaled +66.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+3.8% per year) and China (-38.9% per year).

In value terms, Kenya ($X) constituted the largest supplier of green beans to Hong Kong SAR, comprising 90% of total imports. The second position in the ranking was taken by Japan ($X), with a 6.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Kenya stood at +72.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-3.9% per year) and China (-34.5% per year).

Import Prices by Country

In 2022, the average green bean import price amounted to $X per ton, increasing by 43% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green bean import price increased by +117.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 66%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 Kenya ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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