Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Glucose Market 2024

Glucose Market Size in Hong Kong SAR, China

After two years of decline, the Hong Kong glucose market increased by 20% to $X in 2021. Over the period under review, consumption, however, recorded a mild curtailment. Glucose consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Glucose Exports

Exports from Hong Kong SAR, China

In 2021, shipments abroad of glucose and glucose syrup decreased by -32.7% to X tons, falling for the second year in a row after two years of growth. In general, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2013 with an increase of 323% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, glucose exports contracted sharply to $X in 2021. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 64%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Macao SAR (X tons) and China (X tons) were the main destinations of glucose exports from Hong Kong SAR.

From 2012 to 2021, the biggest increases were recorded for Macao SAR (with a CAGR of -2.4%).

In value terms, Macao SAR ($X) emerged as the key foreign market for glucose and glucose syrup exports from Hong Kong SAR, comprising 72% of total exports. The second position in the ranking was taken by China ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Macao SAR stood at +2.3%.

Export Prices by Country

The average glucose export price stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the export price showed a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 186% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Glucose Imports

Imports into Hong Kong SAR, China

In 2021, overseas purchases of glucose and glucose syrup were finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when imports increased by 71% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, glucose imports surged to $X in 2021. In general, imports, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 58% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Thailand (X tons) and Brazil (X tons) were the main suppliers of glucose imports to Hong Kong SAR, together comprising 78% of total imports. These countries were followed by South Korea, Malaysia, Indonesia, Serbia, France, the United States and the Netherlands, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +138.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glucose suppliers to Hong Kong SAR were China ($X), Thailand ($X) and Brazil ($X), together comprising 70% of total imports. These countries were followed by South Korea, Serbia, Indonesia, Malaysia, France, the United States and the Netherlands, which together accounted for a further 27%.

Serbia, with a CAGR of +255.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glucose import price stood at $X per ton in 2021, rising by 14% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 59% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+49.1%), 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 glucose and glucose syrup in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 41% of global consumption. Pakistan, Russia, Indonesia, Brazil, France, Mexico, Belgium, Germany, the UK and Canada lagged somewhat behind, together comprising a further 32%.

What are the largest producers of glucose and glucose syrup in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global production.

What are the leading suppliers of glucose and glucose syrup to Hong Kong SAR, China?

In value terms, China, Thailand and Brazil were the largest glucose suppliers to Hong Kong SAR, with a combined 70% share of total imports. South Korea, Serbia, Indonesia and Malaysia lagged somewhat behind, together accounting for a further 23%.

What are the leading importers of glucose and glucose syrup from Hong Kong SAR, China?

In value terms, Macao SAR emerged as the key foreign market for glucose exports from Hong Kong SAR, comprising 72% of total exports. The second position in the ranking was occupied by China, with a 25% share of total exports.

What is the average export price for glucose and glucose syrup in Hong Kong SAR, China?

In 2021, the average glucose export price amounted to $3,339 per ton, growing by 498% against the previous year.

What is the average import price for glucose and glucose syrup in Hong Kong SAR, China?

In 2021, the average glucose import price amounted to $803 per ton, surging by 10% against the previous year.

This report provides an in-depth analysis of the glucose 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 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)

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