Report Update Nov 1, 2024

Hong Kong SAR, China - Herring, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Herring, Salted Or In Brine 2024

Market Size for Herring, Salted Or In Brine in Hong Kong SAR, China

The Hong Kong market for herring, salted or in brine contracted slightly to $X in 2022, declining by -5% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Herring, Salted Or In Brine in Hong Kong SAR, China

In value terms, herring, salted or in brine production shrank to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 121% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Herring, Salted Or In Brine

Exports from Hong Kong SAR, China

Herring, salted or in brine exports from Hong Kong SAR stood at X tons in 2014, flattening at the previous year. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2013. The exports peaked in 2014 and are likely to see steady growth in the immediate term.

In value terms, herring, salted or in brine exports totaled $X in 2014. In general, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2013. The exports peaked in 2014 and are expected to retain growth in years to come.

Exports by Country

Vietnam (X tons) was the main destination for herring, salted or in brine exports from Hong Kong SAR, with a approx. 100% share of total exports.

From 2012 to 2014, the average annual growth rate of volume to Vietnam was relatively modest.

From 2012 to 2014, the average annual rate of growth in terms of value to Vietnam was relatively modest.

Export Prices by Country

In 2014, the average export price for herring, salted or in brine amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a significant contraction. The pace of growth was the most pronounced in 2013 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2014, the export prices stood at a somewhat lower figure.

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

From 2012 to 2014, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Imports of Herring, Salted Or In Brine

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of herring, salted or in brine decreased by -26.8% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 204% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, herring, salted or in brine imports shrank significantly to $X in 2022. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 426%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons) and the United States (X tons) were the main suppliers of herring, salted or in brine imports to Hong Kong SAR.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +91.8%).

In value terms, China ($X) constituted the largest supplier of herring, salted or in brine to Hong Kong SAR, comprising 79% of total imports. The second position in the ranking was held by the United States ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +92.1%.

Import Prices by Country

The average import price for herring, salted or in brine stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, herring, salted or in brine import price decreased by -2.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 73% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herring, salted or in brine in the world?

The country with the largest volume of herring, salted or in brine consumption was China, comprising approx. 20% of total volume. Moreover, herring, salted or in brine consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Japan, with a 4.4% share.

What are the largest producers of herring, salted or in brine in the world?

China remains the largest herring, salted or in brine producing country worldwide, comprising approx. 20% of total volume. Moreover, herring, salted or in brine production in China exceeded the figures recorded by the second-largest producer, India, twofold. Japan ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of herring, salted or in brine to Hong Kong SAR, China?

In value terms, Japan constituted the largest supplier of herring, salted or in brine to Hong Kong SAR, comprising 96% of total imports. The second position in the ranking was occupied by Lithuania $171), with a 3.2% share of total imports.

What is the average export price for herring, salted or in brine in Hong Kong SAR, China?

The average export price for herring, salted or in brine stood at $1,054 per ton in 2014, remaining constant against the previous year.

What is the average import price for herring, salted or in brine in Hong Kong SAR, China?

The average import price for herring, salted or in brine stood at $6,170 per ton in 2021, increasing by 9% against the previous year.

This report provides an in-depth analysis of the market for herring, salted or in brine 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:

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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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