Hong Kong SAR, China - Avocados - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAvocado Price in Hong Kong SAR - 2023
Contents:
- Avocado Price in Hong Kong SAR (CIF) - 2023
- Avocado Price in Hong Kong SAR (FOB) - 2023
- Avocado Imports in Hong Kong SAR
- Avocado Exports in Hong Kong SAR
Avocado Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average avocado import price amounted to $2,593 per ton, with an increase of 38% against the previous month. In general, the import price saw a relatively flat trend pattern. The import price peaked at $3,060 per ton in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($4,182 per ton), while the price for Peru ($1,825 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Avocado Price in Hong Kong SAR (FOB) - 2023
The average avocado export price stood at $1,873 per ton in September 2023, increasing by 13% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 16% against the previous month. The export price peaked at $2,837 per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($3,912 per ton), while the average price for exports to China stood at $1,807 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+0.9%).
Avocado Imports in Hong Kong SAR
In 2022, the amount of avocados imported into Hong Kong SAR dropped dramatically to 22K tons, which is down by -24.3% compared with the previous year's figure. Overall, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 99.9% against the previous year. As a result, imports reached the peak of 29K tons, and then shrank markedly in the following year.
In value terms, avocado imports plummeted to $61M in 2022. In general, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 89%. As a result, imports attained the peak of $76M, and then declined notably in the following year.
| Import of Avocado in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.4 | 5.0 | 14.2 | 21.8 | 85.8% |
| Peru | 8.4 | 9.6 | 29.2 | 18.9 | 31.0% |
| Chile | 15.4 | 7.4 | 11.0 | 6.9 | -23.5% |
| Mexico | 14.0 | 10.5 | 10.6 | 6.1 | -24.2% |
| New Zealand | 0.3 | 1.1 | 3.7 | 3.9 | 135.1% |
| Kenya | 0.1 | 0.2 | 1.4 | 1.6 | 152.0% |
| Others | 3.6 | 6.5 | 6.3 | 2.1 | -16.4% |
| Total | 45.1 | 40.3 | 76.2 | 61.3 | 10.8% |
Top Suppliers of Avocado to Hong Kong SAR in 2022:
- Peru (8.8K tons)
- Australia (5.5K tons)
- Chile (2.7K tons)
- Mexico (2.4K tons)
- New Zealand (1.3K tons)
- Kenya (1.0K tons)
Avocado Exports in Hong Kong SAR
In 2022, the amount of avocados exported from Hong Kong SAR contracted remarkably to 11K tons, falling by -40.2% on 2021 figures. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 117%. As a result, the exports reached the peak of 18K tons, and then reduced dramatically in the following year.
In value terms, avocado exports dropped notably to $24M in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 115% against the previous year. As a result, the exports reached the peak of $39M, and then plummeted in the following year.
| Export of Avocado in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.3 | 17.5 | 38.2 | 23.6 | -1.0% |
| Macao SAR | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.9 | 18.1 | 38.9 | 24.3 | -0.8% |
Top Export Markets for Avocado from Hong Kong SAR in 2022:
- China (10.5K tons)
- Macao SAR (0.2K tons)
This report provides an in-depth analysis of the avocado 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 572 - Avocados
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- 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- 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, HARVESTED AREA AND YIELD
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
-
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
-
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
709
This report provides an in-depth analysis of the avocado market in Hong Kong SAR, China.
457
This report provides an in-depth analysis of the pineapple market in Hong Kong SAR, China.
401
This report provides an in-depth analysis of the date market in Hong Kong SAR, China.
449
This report provides an in-depth analysis of the fig market in Hong Kong SAR, China.
807
This report provides an in-depth analysis of the mango and mangosteen market in Hong Kong SAR, China.
15740
This report provides an in-depth analysis of the global avocado market.
10400
This report provides an in-depth analysis of the global pineapple market.
5789
This report provides an in-depth analysis of the global date market.
4993
This report provides an in-depth analysis of the global fig market.
3516
This report provides an in-depth analysis of the global mango and mangosteen market.
362
The price of Pineapple in May 2023 was $1,214 per ton (CIF, Hong Kong), showing a 9% growth compared to the previous month.
217
From May 2023 to September 2023, the import growth of Date remained at a slightly lower figure. In terms of value, Date imports significantly declined to $152K in September 2023.
121
The growth rate of Fig imports was most significant in July 2023, with a month-on-month increase of 403%. However, the value of fig imports sharply dropped to $1.4M in November 2023.
257
In June 2023, the Fig price increased by 58% to reach $10,611 per ton (CIF, Hong Kong) compared to the previous month.
155
From March 2023 to October 2023, the import growth for Mango And Mangosteen failed to pick up pace. The value of imports for mango and mangosteen slightly declined to $7.2M in October 2023.
377
Explore the top import markets for avocados and their key statistics. From the United States to Italy, these countries play a vital role in meeting the global demand for avocados. Learn more about the market trends and dynamics within the avocado import industry.
1993
The global avocado market revenue amounted to $13.5B in 2018, reducing by -9.3% against the previous year. This...
2858
Global avocado consumption totaled X tons in 2017, increasing by X% against the previous year.
1545
In 2016, the avocados market increased to X tons, expanding at +X% per year from 2007 to 2016. Over the last six years, market displayed a consistent growth; it accelerated sharply from 2011-2016 after a period of relatively flat trend pattern
22682
Global avocado consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
