Hong Kong SAR, China: Inulin Market 2025

Inulin Market Size in Hong Kong SAR, China

The Hong Kong inulin market dropped to $X in 2021, which is down by -9.5% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Inulin Production in Hong Kong SAR, China

In value terms, inulin production dropped to $X in 2021 estimated in export price. Overall, production, however, posted a modest increase. The growth pace was the most rapid in 2017 with an increase of 123%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Inulin Exports

Exports from Hong Kong SAR, China

In 2021, the amount of inulin exported from Hong Kong SAR dropped markedly to X kg, shrinking by -22.2% on 2020 figures. Overall, exports recorded a precipitous decrease. The pace of growth was the most pronounced in 2016 when exports increased by 45,552%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, inulin exports shrank rapidly to $X in 2021. Over the period under review, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 41,814%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Chile (X kg) was the main destination for inulin exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Chile was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Chile was relatively modest.

Export Prices by Country

The average inulin export price stood at $X per ton in 2021, with an increase of 3.8% against the previous year. Over the period under review, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 73%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Inulin Imports

Imports into Hong Kong SAR, China

In 2021, the amount of inulin imported into Hong Kong SAR amounted to X tons, remaining constant against 2020. Overall, imports faced a dramatic decline. The growth pace was the most rapid in 2017 with an increase of 122%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, inulin imports totaled $X in 2021. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 98% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X kg), the UK (X kg) and Taiwan (Chinese) (X kg) were the main suppliers of inulin imports to Hong Kong SAR, together accounting for 78% of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +16.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), the UK ($X) and China ($X) appeared to be the largest inulin suppliers to Hong Kong SAR, with a combined 76% share of total imports. The Netherlands and Taiwan (Chinese) lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +14.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average inulin import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 70%. 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 China ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+33.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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