Report Update Nov 1, 2024

Hong Kong SAR, China - Concentrated Apple Juice - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Hong Kong SAR, China

The Hong Kong concentrated apple juice market reached $X in 2021, approximately reflecting 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). Over the period under review, consumption, however, saw a pronounced contraction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Concentrated Apple Juice Exports

Exports from Hong Kong SAR, China

In 2021, after three years of decline, there was significant growth in overseas shipments of concentrated apple juice, when their volume increased by 168% to X tons. Overall, exports, however, recorded a perceptible slump. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated apple juice exports soared to $X in 2021. Over the period under review, exports, however, showed a perceptible reduction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Macao SAR (X tons) was the main destination for concentrated apple juice exports from Hong Kong SAR, with a 77% share of total exports. Moreover, concentrated apple juice exports to Macao SAR exceeded the volume sent to the second major destination, China (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Macao SAR totaled -5.9%.

In value terms, Macao SAR ($X) emerged as the key foreign market for concentrated apple juice exports from Hong Kong SAR, comprising 84% of total exports. The second position in the ranking was held by China ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Macao SAR totaled -4.6%.

Export Prices by Country

In 2021, the average concentrated apple juice export price amounted to $X per ton, picking up by 4.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 56% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.6%).

Concentrated Apple Juice Imports

Imports into Hong Kong SAR, China

In 2021, purchases abroad of concentrated apple juice increased by 6.4% to X tons, rising for the third year in a row after three years of decline. Overall, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +20.9% against 2018 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 50% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, concentrated apple juice imports totaled $X in 2021. In general, imports, however, saw a deep setback. The growth pace was the most rapid in 2015 with an increase of 12% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Singapore (X tons) and Japan (X tons) were the main suppliers of concentrated apple juice imports to Hong Kong SAR, with a combined 87% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +136.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated apple juice suppliers to Hong Kong SAR were the United States ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined 87% share of total imports. These countries were followed by Singapore, Brazil and Australia, which together accounted for a further 12%.

Singapore, with a CAGR of +128.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average concentrated apple juice import price amounted to $X per ton, dropping by -2.9% against the previous year. Over the period under review, the import price recorded a deep contraction. The growth pace was the most rapid in 2018 when the average import price increased by 5.7% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concentrated apple juice in the world?

The United States remains the largest concentrated apple juice consuming country worldwide, accounting for 58% of total volume. Moreover, concentrated apple juice consumption in the United States exceeded the figures recorded by the second-largest consumer, Germany, more than tenfold. The third position in this ranking was occupied by Hungary, with a 3.4% share.

What are the largest producers of concentrated apple juice in the world?

The countries with the highest volumes of concentrated apple juice production in 2021 were China, Poland and Turkey, with a combined 54% share of global production. These countries were followed by Hungary, Chile, Ukraine, Argentina, Moldova, Italy, Brazil, Iran and Thailand, which together accounted for a further 40%.

What are the leading suppliers of concentrated apple juice to Hong Kong SAR, China?

In value terms, the United States, Japan and Germany were the largest concentrated apple juice suppliers to Hong Kong SAR, with a combined 89% share of total imports. New Zealand, Australia and Turkey lagged somewhat behind, together accounting for a further 9.9%.

What are the leading importers of concentrated apple juice from Hong Kong SAR, China?

In value terms, Macao SAR emerged as the key foreign market for concentrated apple juice exports from Hong Kong SAR, comprising 84% of total exports. The second position in the ranking was occupied by China, with a 16% share of total exports.

What is the average export price for concentrated apple juice in Hong Kong SAR, China?

In 2021, the average concentrated apple juice export price amounted to $2,572 per ton, standing approx. at the previous year.

What is the average import price for concentrated apple juice in Hong Kong SAR, China?

In 2021, the average concentrated apple juice import price amounted to $1,598 per ton, growing by 19% against the previous year.

This report provides an in-depth analysis of the concentrated apple juice 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 519 - Apple Juice, Concentrated

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:

Take advantage of the latest data
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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
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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. 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