Hong Kong SAR, China: Blueberry And Cranberry Market 2025

Blueberry And Cranberry Market Size in Hong Kong SAR, China

The Hong Kong blueberry and cranberry market skyrocketed to $X in 2022, with an increase of 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a strong expansion. Blueberry and cranberry consumption peaked in 2022 and is expected to retain growth in the near future.

Blueberry And Cranberry Exports

Exports from Hong Kong SAR, China

In 2022, overseas shipments of blueberries and cranberries decreased by -11.9% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 308% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, blueberry and cranberry exports fell to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 234% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

China (X tons) was the main destination for blueberry and cranberry 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 China stood at +52.9%.

In value terms, China ($X) also remains the key foreign market for blueberries and cranberries exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to China stood at +56.6%.

Export Prices by Country

In 2022, the average blueberry and cranberry export price amounted to $X per ton, with an increase of 2.1% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blueberry and cranberry export price increased by +10.4% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.4% per year.

Blueberry And Cranberry Imports

Imports into Hong Kong SAR, China

After six years of growth, overseas purchases of blueberries and cranberries decreased by -6.8% to X tons in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 85% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, blueberry and cranberry imports shrank to $X in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 85% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Peru (X tons) constituted the largest supplier of blueberry and cranberry to Hong Kong SAR, accounting for a 62% share of total imports. Moreover, blueberry and cranberry imports from Peru exceeded the figures recorded by the second-largest supplier, Chile (X tons), twofold. South Africa (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume from Peru amounted to +54.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+17.5% per year) and South Africa (+39.1% per year).

In value terms, Peru ($X) constituted the largest supplier of blueberries and cranberries to Hong Kong SAR, comprising 58% of total imports. The second position in the ranking was taken by Chile ($X), with a 22% share of total imports. It was followed by South Africa, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from Peru amounted to +52.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+16.9% per year) and South Africa (+36.2% per year).

Import Prices by Country

The average blueberry and cranberry import price stood at $X per ton in 2022, stabilizing at the previous year. In general, the import price saw a slight setback. The pace of growth appeared the most rapid in 2020 an increase of 8.2%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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