Hong Kong SAR, China: Cabbage Market 2025

Cabbage Market Size in Hong Kong SAR, China

In 2022, the Hong Kong cabbage market decreased by -27.4% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a slight downturn. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Cabbage Production in Hong Kong SAR, China

In value terms, cabbage production reached $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 92%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average yield of cabbage and other brassicas in Hong Kong SAR reached X tons per ha, leveling off at 2021 figures. In general, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the yield increased by 2%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average cabbage 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, the cabbage harvested area in Hong Kong SAR totaled X ha, stabilizing at 2021. Over the period under review, the harvested area showed a perceptible decline. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 27% against the previous year. Over the period under review, the harvested area dedicated to cabbage production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Cabbage Exports

Exports from Hong Kong SAR, China

After three years of decline, overseas shipments of cabbage and other brassicas increased by 21% to X tons in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 4,435% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, cabbage exports soared to $X in 2022. Overall, exports saw resilient growth. The pace of growth appeared the most rapid in 2013 when exports increased by 3,935%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to Macao SAR totaled +10.6%.

In value terms, Macao SAR ($X) also remains the key foreign market for cabbage and other brassicas exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to Macao SAR stood at +12.8%.

Export Prices by Country

In 2022, the average cabbage export price amounted to $X per ton, shrinking by -4.6% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 54%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined modestly in the following year.

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 the UK amounted to +12.1% per year.

Cabbage Imports

Imports into Hong Kong SAR, China

In 2022, overseas purchases of cabbage and other brassicas decreased by -45.5% to X tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 10%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cabbage imports reduced sharply to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 17%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of cabbage to Hong Kong SAR, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -6.6%.

In value terms, China ($X) constituted the largest supplier of cabbage and other brassicas to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average cabbage import price stood at $X per ton in 2022, increasing by 43% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cabbage import price increased by +70.6% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, 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 +7.0% per year.

Source: IndexBox Platform

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