Report Update Jan 1, 2025

Hong Kong SAR, China - Blueberries and Cranberries - Market Analysis, Forecast, Size, Trends and Insights

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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

Frequently Asked Questions (FAQ) :

What are the largest markets for blueberries and cranberries in the world?

The United States constituted the country with the largest volume of blueberry and cranberry consumption, accounting for 54% of total volume. Moreover, blueberry and cranberry consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, threefold. Germany ranked third in terms of total consumption with a 4.4% share.

What are the largest producers of blueberries and cranberries in the world?

The country with the largest volume of blueberry and cranberry production was the United States, comprising approx. 40% of total volume. Moreover, blueberry and cranberry production in the United States exceeded the figures recorded by the second-largest producer, Canada, twofold. Peru ranked third in terms of total production with a 10% share.

What are the leading suppliers of blueberries and cranberries to Hong Kong SAR, China?

In value terms, Peru, Chile and Australia appeared to be the largest blueberry and cranberry suppliers to Hong Kong SAR, together comprising 82% of total imports. The United States, Morocco and Mexico lagged somewhat behind, together accounting for a further 11%.

What are the leading importers of blueberries and cranberries from Hong Kong SAR, China?

In value terms, China remains the key foreign market for blueberry and cranberry exports from Hong Kong SAR.

What is the average export price for blueberries and cranberries in Hong Kong SAR, China?

The average blueberry and cranberry export price stood at $4,818 per ton in 2021, reducing by -4% against the previous year.

What is the average import price for blueberries and cranberries in Hong Kong SAR, China?

In 2021, the average blueberry and cranberry import price amounted to $5,817 per ton, dropping by -3.7% against the previous year.

This report provides an in-depth analysis of the blueberry and cranberry 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 552 - Blueberries
FCL 554 - Cranberries

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:

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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.

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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024