Report Update Nov 1, 2024

Hong Kong SAR, China - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Cod, Salted or in Brine 2024

Market Size for Cod, Salted or in Brine in Hong Kong SAR, China

The Hong Kong market for cod, salted or in brine declined to $X in 2022, waning by -2.4% against the previous year. In general, consumption continues to indicate a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 5.1% against the previous year. Cod, salted or in brine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Cod, Salted or in Brine in Hong Kong SAR, China

In value terms, cod, salted or in brine production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt descent. The pace of growth was the most pronounced in 2021 when the production volume increased by 4.8%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Cod, Salted or in Brine

Exports from Hong Kong SAR, China

After six years of decline, overseas shipments of cod, salted or in brine increased by 13% to X kg in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 463% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, cod, salted or in brine exports expanded remarkably to $X in 2022. Overall, exports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2015 when exports increased by 378% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Macao SAR (X kg) was the main destination for cod, salted or in brine 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 was relatively modest.

In value terms, Macao SAR ($X) also remains the key foreign market for cod, salted or in brine exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to Macao SAR amounted to -2.4%.

Export Prices by Country

In 2022, the average export price for cod, salted or in brine amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 0.7%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 -3.1% per year.

Imports of Cod, Salted or in Brine

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of cod, salted or in brine decreased by -21.5% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of 309%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cod, salted or in brine imports reduced rapidly to $X in 2022. Over the period under review, imports recorded a pronounced reduction. The growth pace was the most rapid in 2020 when imports increased by 332%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the main cod, salted or in brine supplier to Hong Kong SAR, accounting for a 99% share of total imports. It was followed by Spain (X kg), with a 0.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-24.5% per year) and Macao SAR (-33.3% per year).

In value terms, the United States ($X) constituted the largest supplier of cod, salted or in brine to Hong Kong SAR, comprising 98% of total imports. The second position in the ranking was held by Macao SAR ($X), with a 0.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Macao SAR (-29.7% per year) and Spain (-27.3% per year).

Import Prices by Country

In 2022, the average import price for cod, salted or in brine amounted to $X per ton, approximately equating the previous year. In general, the import price recorded a mild slump. The pace of growth appeared the most rapid in 2014 an increase of 17%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Macao SAR ($X per ton), while the price for the United States ($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 (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cods, salted or in brine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 39% of global consumption. Portugal, Japan, Germany, Brazil, Indonesia, Bangladesh, the UK, Nigeria, France and Italy lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of cods, salted or in brine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 39% share of global production. These countries were followed by Japan, Portugal, Germany, Iceland, Indonesia, Bangladesh, the UK, Nigeria, Brazil and France, which together accounted for a further 27%.

What are the leading suppliers of cods, salted or in brine to Hong Kong SAR, China?

In value terms, the United States constituted the largest supplier of cods, salted or in brine to Hong Kong SAR, comprising 66% of total imports. The second position in the ranking was occupied by Iceland, with a 26% share of total imports.

What are the leading importers of cods, salted or in brine from Hong Kong SAR, China?

In value terms, Macao SAR remains the key foreign market for cods, salted or in brine exports from Hong Kong SAR.

What is the average export price for cods, salted or in brine in Hong Kong SAR, China?

In 2021, the average export price for cods, salted or in brine amounted to $8,252 per ton, remaining stable against the previous year.

What is the average import price for cods, salted or in brine in Hong Kong SAR, China?

The average import price for cods, salted or in brine stood at $4,084 per ton in 2021, waning by -40.1% against the previous year.

This report provides an in-depth analysis of the market for cod, salted or in brine 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:

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
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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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023