Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Roasted Malt Market 2024

Roasted Malt Market Size in Hong Kong SAR, China

The Hong Kong roasted malt market fell rapidly to $X in 2022, waning by -16.1% against the previous year. In general, consumption continues to indicate a mild reduction. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

Roasted Malt Production in Hong Kong SAR, China

In value terms, roasted malt production declined modestly to $X in 2022 estimated in export price. Overall, production recorded a mild descent. The pace of growth was the most pronounced in 2018 with an increase of 12%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Roasted Malt Exports

Exports from Hong Kong SAR, China

In 2022, overseas shipments of roasted malt were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2018 with an increase of 864%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, roasted malt exports skyrocketed to $X in 2022. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 1,377% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Nigeria (X tons) was the main destination for roasted malt exports from Hong Kong SAR, with a 94% share of total exports. Moreover, roasted malt exports to Nigeria exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Nigeria totaled +22.4%.

In value terms, Nigeria ($X) remains the key foreign market for roasted malt exports from Hong Kong SAR, comprising 92% of total exports. The second position in the ranking was taken by China ($X), with a 7.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Nigeria totaled +18.6%.

Export Prices by Country

In 2022, the average roasted malt export price amounted to $X per ton, picking up by 8% against the previous year. Overall, the export price, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 53%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Nigeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (-3.1%).

Roasted Malt Imports

Imports into Hong Kong SAR, China

In 2022, approx. X tons of roasted malt were imported into Hong Kong SAR; shrinking by -95.3% on the previous year's figure. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 3,784% against the previous year. As a result, imports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, roasted malt imports dropped significantly to $X in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,364%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest roasted malt supplier to Hong Kong SAR, with a 57% share of total imports. Moreover, roasted malt imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +125.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+49.9% per year) and Australia (+69.0% per year).

In value terms, Germany ($X), the Netherlands ($X) and Australia ($X) were the largest roasted malt suppliers to Hong Kong SAR.

Germany, with a CAGR of +99.6%, saw the highest rates of growth with regard to 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.

Import Prices by Country

In 2022, the average roasted malt import price amounted to $X per ton, picking up by 29% against the previous year. In general, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 41% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for roasted malt in the world?

The country with the largest volume of roasted malt consumption was China, accounting for 15% of total volume. Moreover, roasted malt consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of roasted malt in the world?

China remains the largest roasted malt producing country worldwide, comprising approx. 17% of total volume. Moreover, roasted malt production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 5.8% share.

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

In value terms, Australia constituted the largest supplier of roasted malt to Hong Kong SAR, comprising 92% of total imports. The second position in the ranking was occupied by Germany, with a 7.9% share of total imports.

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

In value terms, Nigeria remains the key foreign market for roasted malt exports from Hong Kong SAR.

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

The average roasted malt export price stood at $1,089 per ton in 2021, remaining stable against the previous year.

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

The average roasted malt import price stood at $1,034 per ton in 2021, reducing by -4.5% against the previous year.

This report provides an in-depth analysis of the roasted malt 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 11061050 - Roasted malt (excluding alcohol duty, products which have undergone further processing, roasted malt put up as coffee substitutes)

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