Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Ice Cream Market 2024

Ice Cream Exports

Exports by Country

Macao SAR (X tons), Singapore (X tons) and China (X tons) were the main destinations of ice cream exports from Hong Kong SAR. Moreover, ice cream exports in Macao SAR exceeded the figures recorded by the second-largest exporter, Singapore, more than tenfold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +2.5%), while the other leaders experienced a decline.

In value terms, Macao SAR ($X), Singapore ($X) and China ($X) were the largest markets for ice cream exported from Hong Kong SAR worldwide.

Singapore, with a CAGR of +6.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Ice Cream Imports

Imports by Country

France (X tons), Japan (X tons) and China (X tons) were the main suppliers of ice cream imports to Hong Kong SAR, together accounting for 33% of total imports. South Korea, Switzerland, the Netherlands, Thailand, Australia and Malaysia lagged somewhat behind, together accounting for a further 67%. Moreover, ice cream imports in France exceeded the figures recorded by the second-largest supplier, Japan, twofold.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +80.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Japan ($X) and Switzerland ($X) were the largest ice cream suppliers to Hong Kong SAR, with a combined 33% share of total imports. These countries were followed by South Korea, China, the Netherlands, Thailand, Australia and Malaysia, which together accounted for a further 67%. Moreover, ice cream imports in France exceeded the figures recorded by the second-largest supplier, Japan, threefold.

The Netherlands, with a CAGR of +83.3%, saw 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ice cream in the world?

The countries with the highest volumes of ice cream consumption in 2020 were China, the United States and India, together comprising 46% of global consumption. Japan, Indonesia, Pakistan, Bangladesh, Russia, Iran, Egypt and France lagged somewhat behind, together accounting for a further 22%.

What are the largest producers of ice cream in the world?

The countries with the highest volumes of ice cream production in 2020 were China, the United States and India, together comprising 47% of global production. These countries were followed by Japan, Indonesia, Pakistan, Bangladesh, Russia, France, Iran, Germany, Egypt and Thailand, which together accounted for a further 26%.

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

In value terms, France constituted the largest supplier of ice cream to Hong Kong SAR, comprising 44% of total imports. The second position in the ranking was occupied by Japan, with an 18% share of total imports. It was followed by the Netherlands, with an 11% share.

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

In value terms, Macao SAR remains the key foreign market for ice cream exports from Hong Kong SAR, comprising 92% of total exports. The second position in the ranking was occupied by Singapore, with a 5.4% share of total exports.

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

In 2020, the average ice cream export price amounted to $3,420 per ton, with a decrease of -4.5% against the previous year.

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

In 2020, the average ice cream import price amounted to $4,930 per ton, falling by -4.2% against the previous year.

This report provides an in-depth analysis of the ice cream 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 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)

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