Report Update Nov 1, 2024

Hong Kong SAR, China - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Cow Peas Market 2024

Cow Peas Market Size in Hong Kong SAR, China

In 2021, the Hong Kong cow peas market increased by 9.2% to $X, rising for the sixth consecutive year after three years of decline. In general, consumption showed a relatively flat trend pattern. Cow peas consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Cow Peas Exports

Exports from Hong Kong SAR, China

Cow peas exports from Hong Kong SAR amounted to X kg in 2021, leveling off at 2020 figures. Overall, exports recorded a dramatic slump. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, cow peas exports stood at $X in 2021. In general, exports continue to indicate a sharp shrinkage. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

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

From 2013 to 2021, the average annual growth rate of volume to Macao SAR amounted to -55.5%.

From 2013 to 2021, the average annual rate of growth in terms of value to Macao SAR amounted to -49.5%.

Export Prices by Country

In 2021, the average cow peas export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a slight contraction. The pace of growth was the most pronounced in 2016 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2013 to 2021, the rate of growth in terms of prices for Cambodia amounted to +356.5% per year.

Cow Peas Imports

Imports into Hong Kong SAR, China

In 2021, the amount of cow peas (dry) imported into Hong Kong SAR contracted to X tons, reducing by -6.4% on the previous year. Overall, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2016 with an increase of 168% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cow peas imports soared to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 228%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of cow peas to Hong Kong SAR, accounting for a 83% share of total imports. Moreover, cow peas imports from the United States exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), ninefold. The third position in this ranking was taken by China (X tons), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-66.5% per year) and China (-29.1% per year).

In value terms, the United States ($X) constituted the largest supplier of cow peas to Hong Kong SAR, comprising 85% of total imports. The second position in the ranking was taken by Malaysia ($X), with an 8.2% share of total imports. It was followed by China, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-56.8% per year) and China (-9.6% per year).

Import Prices by Country

In 2021, the average cow peas import price amounted to $X per ton, jumping by 23% against the previous year. Overall, the import price recorded a notable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+28.7%), 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 cow peas (dry) in the world?

The countries with the highest volumes of cow peas consumption in 2020 were Nigeria, Niger and Burkina Faso, together accounting for 77% of global consumption. These countries were followed by Kenya, Ghana, Senegal, Mali, Cameroon, Sudan and Tanzania, which together accounted for a further 15%.

What are the largest producers of cow peas (dry) in the world?

The countries with the highest volumes of cow peas production in 2020 were Nigeria, Niger and Burkina Faso, together accounting for 78% of global production. These countries were followed by Kenya, Ghana, Senegal, Mali, Cameroon, Sudan and Tanzania, which together accounted for a further 15%.

What are the leading suppliers of cow peas (dry) to Hong Kong SAR, China?

In value terms, India constituted the largest supplier of cow peas to Hong Kong SAR.

What is the average export price for cow peas (dry) in Hong Kong SAR, China?

The average cow peas export price stood at $1,780 per ton in 2015, stabilizing at the previous year.

What is the average import price for cow peas (dry) in Hong Kong SAR, China?

In 2020, the average cow peas import price amounted to $1,678 per ton, growing by 40% against the previous year.

This report provides an in-depth analysis of the cow peas 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 195 - Cow peas, dry

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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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 2012–2023
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. 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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023