Report Update May 1, 2025

Hong Kong SAR, China - Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Dairy Spread Market 2025

Dairy Spread Market Size in Hong Kong SAR, China

The Hong Kong dairy spread market dropped slightly to $X in 2022, which is down by -3.3% against the previous year. Overall, consumption, however, enjoyed a prominent expansion. Dairy spread consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Dairy Spread Production in Hong Kong SAR, China

In value terms, dairy spread production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 60%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Dairy Spread Exports

Exports from Hong Kong SAR, China

In 2021, after three years of decline, there was decline in shipments abroad of dairy spreads, when their volume decreased by 0% to X kg. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 8,232%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, dairy spread exports amounted to $X in 2021. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 226% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Philippines (X kg) was the main destination for dairy spread exports from Hong Kong SAR, with a approx. 5.2% share of total exports.

From 2016 to 2021, the average annual growth rate of volume to the Philippines was relatively modest.

From 2016 to 2021, the average annual rate of growth in terms of value to the Philippines was relatively modest.

Export Prices by Country

In 2021, the average dairy spread export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price faced a dramatic slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 8.8% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 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 the Philippines.

From 2016 to 2021, the rate of growth in terms of prices for the Philippines amounted to 0.0% per year.

Dairy Spread Imports

Imports into Hong Kong SAR, China

In 2022, dairy spread imports into Hong Kong SAR surged to X tons, growing by 58% compared with 2021. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 901% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, dairy spread imports skyrocketed to $X in 2022. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 724%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ireland (X tons), the United States (X tons) and Ukraine (X tons) were the main suppliers of dairy spread imports to Hong Kong SAR, together comprising 60% of total imports. Australia and France lagged somewhat behind, together accounting for a further 4.1%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +47.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dairy spread suppliers to Hong Kong SAR were Ireland ($X), the United States ($X) and Ukraine ($X), together accounting for 60% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +29.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dairy spread import price stood at $X per ton in 2022, dropping by -2.7% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+14.4%), 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 dairy spreads in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global consumption.

What are the largest producers of dairy spreads in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global production.

What are the leading suppliers of dairy spreads to Hong Kong SAR, China?

In value terms, the Philippines constituted the largest supplier of dairy spread to Hong Kong SAR.

What is the average export price for dairy spreads in Hong Kong SAR, China?

The average dairy spread export price stood at $14,565 per ton in 2021, stabilizing at the previous year.

What is the average import price for dairy spreads in Hong Kong SAR, China?

In 2021, the average dairy spread import price amounted to $8,100 per ton, rising by 107% against the previous year.

This report provides an in-depth analysis of the dairy spread 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:

Prodcom 10513070 - Dairy spreads of a fat content by weight < .80 %

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. 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 2012–2024
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. 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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024