Report Update Nov 1, 2024

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

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Hong Kong SAR, China: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in Hong Kong SAR, China

In 2021, after two years of growth, there was significant decline in the Hong Kong shelled hazelnut market, when its value decreased by -16.1% to $X. In general, consumption recorded a deep contraction. Shelled hazelnut consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Shelled Hazelnut Production in Hong Kong SAR, China

In value terms, shelled hazelnut production fell sharply to $X in 2021 estimated in export price. In general, production faced a deep contraction. The pace of growth was the most pronounced in 2015 when the production volume increased by 47%. Shelled hazelnut production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Shelled Hazelnut Exports

Exports from Hong Kong SAR, China

In 2021, shipments abroad of shelled hazelnuts decreased by -38.1% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2015 when exports increased by 630%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, shelled hazelnut exports shrank notably to $X in 2021. In general, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2015 with an increase of 688% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Macao SAR (X tons) was the main destination for shelled hazelnut 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 Macao SAR was relatively modest.

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

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

Export Prices by Country

The average shelled hazelnut export price stood at $X per ton in 2021, dropping by -23.6% against the previous year. In general, the export price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 an increase of 261%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then shrank markedly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Vietnam amounted to +1.4% per year.

Shelled Hazelnut Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of shelled hazelnuts decreased by -1.5% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 274%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, shelled hazelnut imports shrank to $X in 2021. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 130% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of shelled hazelnut to Hong Kong SAR, accounting for a 74% share of total imports. Moreover, shelled hazelnut imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. France (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +97.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-28.6% per year) and France (-7.9% per year).

In value terms, Italy ($X) constituted the largest supplier of shelled hazelnuts to Hong Kong SAR, comprising 75% of total imports. The second position in the ranking was taken by Turkey ($X), with a 15% share of total imports. It was followed by France, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +77.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-26.6% per year) and France (-8.2% per year).

Import Prices by Country

The average shelled hazelnut import price stood at $X per ton in 2021, declining by -4.9% against the previous year. In general, the import price, however, saw a tangible increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 62% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were France ($X per ton) and Italy ($X per ton), while the price for Turkey ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the shelled hazelnut 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:

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