Report Update Feb 1, 2025

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

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Hong Kong SAR, China: Lentil Market 2025

Lentil Market Size in Hong Kong SAR, China

After two years of growth, the Hong Kong lentil market decreased by -13.6% to $X in 2022. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Lentil Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of lentils decreased by -42.2% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 180%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, lentil exports contracted rapidly to $X in 2022. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 71%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Macao SAR amounted to -3.9%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Macao SAR stood at +1.0%.

Export Prices by Country

The average lentil export price stood at $X per ton in 2022, picking up by 23% against the previous year. Overall, the export price showed a tangible expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 52%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 +5.2% per year.

Lentil Imports

Imports into Hong Kong SAR, China

Lentil imports into Hong Kong SAR shrank remarkably to X tons in 2022, which is down by -18.3% against 2021. Overall, imports showed a slight contraction. The growth pace was the most rapid in 2017 when imports increased by 130% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, lentil imports dropped to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 65%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest lentil supplier to Hong Kong SAR, accounting for a 79% share of total imports. Moreover, lentil imports from India exceeded the figures recorded by the second-largest supplier, Singapore (X tons), tenfold. China (X tons) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+25.3% per year) and China (-17.7% per year).

In value terms, India ($X) constituted the largest supplier of lentils to Hong Kong SAR, comprising 72% of total imports. The second position in the ranking was taken by Singapore ($X), with a 12% share of total imports. It was followed by China, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value from India stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+30.9% per year) and China (-9.6% per year).

Import Prices by Country

In 2022, the average lentil import price amounted to $X per ton, with an increase of 7.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2015 an increase of 34% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 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 ($X per ton), while the price for Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), 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 lentils in the world?

The countries with the highest volumes of lentil consumption in 2021 were India, Canada and Bangladesh, together accounting for 48% of global consumption. These countries were followed by Turkey, Nepal, Australia, the United Arab Emirates, China, Pakistan, the United States, Egypt, Sri Lanka and Syrian Arab Republic, which together accounted for a further 31%.

What are the largest producers of lentils in the world?

Canada constituted the country with the largest volume of lentil production, comprising approx. 43% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Australia, with a 9% share.

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

In value terms, India constituted the largest supplier of lentil to Hong Kong SAR, comprising 89% of total imports. The second position in the ranking was occupied by Turkey, with a 6% share of total imports.

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

In value terms, Macao SAR remains the key foreign market for lentil exports from Hong Kong SAR, comprising 72% of total exports. The second position in the ranking was occupied by the United States, with a 20% share of total exports.

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

The average lentil export price stood at $1,528 per ton in 2021, surging by 39% against the previous year.

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

The average lentil import price stood at $1,592 per ton in 2021, growing by 5.3% against the previous year.

This report provides an in-depth analysis of the lentil 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:

FCL 201 - Lentils, dry

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024