Hong Kong SAR, China - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingConcentrated Orange Juice Price in Hong Kong SAR - 2023
Contents:
- Concentrated Orange Juice Price in Hong Kong SAR (CIF) - 2022
- Concentrated Orange Juice Price in Hong Kong SAR (FOB) - 2022
- Concentrated Orange Juice Imports in Hong Kong SAR
- Concentrated Orange Juice Exports in Hong Kong SAR
Concentrated Orange Juice Price in Hong Kong SAR (CIF) - 2022
The average concentrated orange juice import price stood at $1,650 per ton in 2022, growing by 12% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concentrated orange juice import price decreased by -16.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the peak figure at $1,977 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($2,824 per ton), while the price for Singapore ($933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Concentrated Orange Juice Price in Hong Kong SAR (FOB) - 2022
The average concentrated orange juice export price stood at $1,327 per ton in 2022, increasing by 6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2020 an increase of 21%. As a result, the export price attained the peak level of $1,535 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,152 per ton), while the average price for exports to Macao SAR stood at $1,036 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+0.9%).
Concentrated Orange Juice Imports in Hong Kong SAR
Concentrated orange juice imports into Hong Kong SAR contracted slightly to 1K tons in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, imports showed a deep setback.
In value terms, concentrated orange juice imports reached $1.7M in 2022. Overall, imports continue to indicate a precipitous decline.
Import of Concentrated Orange Juice in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 636 | 680 | 794 | 670 | 1.8% |
Spain | 233 | 216 | 216 | 454 | 24.9% |
China | 2,125 | 1,259 | 110 | 184 | -55.8% |
Brazil | 276 | 43.6 | 191 | 166 | -15.6% |
Taiwan (Chinese) | 54.6 | 60.9 | 78.1 | 79.7 | 13.4% |
Japan | 30.2 | 44.8 | 65.0 | 67.7 | 30.9% |
Singapore | 12.0 | 70.4 | 70.4 | 51.0 | 62.0% |
Others | 72.7 | 43.1 | 18.6 | 35.3 | -21.4% |
Total | 3,440 | 2,417 | 1,543 | 1,707 | -20.8% |
Top Suppliers of Concentrated Orange Juice to Hong Kong SAR in 2022:
- United States (376.7 tons)
- Spain (325.1 tons)
- Brazil (112.6 tons)
- China (79.8 tons)
- Singapore (54.6 tons)
- Japan (31.1 tons)
- Taiwan (Chinese) (28.2 tons)
Concentrated Orange Juice Exports in Hong Kong SAR
In 2022, shipments abroad of concentrated orange juice decreased by -45.3% to 456 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a significant decline. The growth pace was the most rapid in 2020 when exports increased by 58%. As a result, the exports attained the peak of 1.8K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, concentrated orange juice exports shrank notably to $605K in 2022. In general, exports saw a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 91% against the previous year. As a result, the exports attained the peak of $2.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Concentrated Orange Juice in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 481 | 454 | 358 | 348 | -10.2% |
China | 924 | 2,221 | 677 | 251 | -35.2% |
Others | 30.7 | 62.6 | 3.5 | 5.9 | -42.3% |
Total | 1,436 | 2,738 | 1,038 | 605 | -25.0% |
Top Export Markets for Concentrated Orange Juice from Hong Kong SAR in 2022:
- Macao SAR (335.6 tons)
- China (116.8 tons)
This report provides an in-depth analysis of the concentrated orange juice 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 492 - Orange Juice, Concentrated
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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