Hong Kong SAR, China: Nuts Market 2025

Nuts Market Size in Hong Kong SAR, China

The Hong Kong nuts market shrank sharply to $X in 2022, reducing by X% against the previous year. In general, consumption faced a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Nuts Production in Hong Kong SAR, China

In value terms, nuts production dropped markedly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

In 2022, the average yield of nuts in Hong Kong SAR stood at less than X kg per ha, approximately reflecting the year before. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nuts harvested area in Hong Kong SAR totaled less than X ha in 2022, stabilizing at 2021 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Nuts Exports

Exports from Hong Kong SAR, China

For the sixth year in a row, Hong Kong SAR recorded decline in shipments abroad of nuts, which decreased by X% to X tons in 2022. In general, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, nuts exports contracted remarkably to $X in 2022. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Vietnam (X tons) and India (X tons) were the main destinations of nuts exports from Hong Kong SAR, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, China ($X), Vietnam ($X) and Taiwan (Chinese) ($X) were the largest markets for nuts exported from Hong Kong SAR worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average nuts export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Hong Kong SAR, China

For the sixth year in a row, Hong Kong SAR recorded decline in supplies from abroad of nuts, which decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, nuts imports contracted sharply to $X in 2022. In general, imports showed a sharp reduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest nuts supplier to Hong Kong SAR, with a X% share of total imports. Moreover, nuts imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by South Africa (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Africa (X% per year).

In value terms, the United States ($X) constituted the largest supplier of nuts to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by South Africa, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average nuts import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 ($X per ton), while the price for Guatemala ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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