Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Gingerbread Market 2024

Gingerbread Market Size in Hong Kong SAR, China

The Hong Kong gingerbread market was estimated at $X in 2022, surging by 7% against the previous year. In general, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.8% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Gingerbread Production in Hong Kong SAR, China

In value terms, gingerbread production amounted to $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gingerbread Exports

Exports from Hong Kong SAR, China

Gingerbread exports from Hong Kong SAR declined remarkably to X tons in 2022, which is down by -24.3% against 2021 figures. Over the period under review, exports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2017 with an increase of 74% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, gingerbread exports fell dramatically to $X in 2022. Overall, exports, however, enjoyed a pronounced increase. The growth pace was the most rapid in 2015 when exports increased by 80% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Macao SAR totaled +2.8%.

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

From 2012 to 2022, the average annual growth rate of value to Macao SAR stood at +2.0%.

Export Prices by Country

The average gingerbread export price stood at $X per ton in 2022, declining by -10.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 76%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 -0.8% per year.

Gingerbread Imports

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of gingerbread increased by 55% to X tons, rising for the second year in a row after six years of decline. In general, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 393% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, gingerbread imports soared to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 815% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons) and the UK (X tons) were the main suppliers of gingerbread imports to Hong Kong SAR.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +5.4%).

In value terms, the UK ($X) and Taiwan (Chinese) ($X) were the largest gingerbread suppliers to Hong Kong SAR.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +10.6%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average gingerbread import price amounted to $X per ton, dropping by -16.4% against the previous year. Over the period under review, the import price, however, saw significant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 602%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), 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 gingerbread in the world?

The country with the largest volume of gingerbread consumption was the U.S., accounting for 30% of total volume. Moreover, gingerbread consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China, twofold. India ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of gingerbread in the world?

The U.S. remains the largest gingerbread producing country worldwide, accounting for 30% of total volume. Moreover, gingerbread production in the U.S. exceeded the figures recorded by the second-largest producer, China, twofold. India ranked third in terms of total production with a 4.9% share.

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

In value terms, Taiwan Chinese) constituted the largest supplier of gingerbread to Hong Kong SAR, comprising 73% of total imports. The second position in the ranking was occupied by the UK, with a 27% share of total imports.

What are the leading importers of gingerbread from Hong Kong SAR, China?

In value terms, Macao SAR remains the key foreign market for gingerbread exports from Hong Kong SAR.

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

The average gingerbread export price stood at $6,301 per ton in 2020, increasing by 93% against the previous year.

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

The average gingerbread import price stood at $6,080 per ton in 2020, with an increase of 40% against the previous year.

This report provides an in-depth analysis of the gingerbread 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 10721230 - Gingerbread and the like

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 2012–2023
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