Hong Kong SAR, China - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPistachio Price in Hong Kong SAR - 2023
Contents:
- Pistachio Price in Hong Kong SAR (CIF) - 2023
- Pistachio Price in Hong Kong SAR (FOB) - 2023
- Pistachio Imports in Hong Kong SAR
- Pistachio Exports in Hong Kong SAR
Pistachio Price in Hong Kong SAR (CIF) - 2023
The average pistachio import price stood at $8,276 per ton in September 2023, rising by 2.2% against the previous month. Overall, import price indicated a perceptible expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, pistachio import price decreased by -36.2% against July 2023 indices. The pace of growth appeared the most rapid in October 2022 an increase of 49% against the previous month. Over the period under review, average import prices hit record highs at $12,973 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was China ($9,043 per ton), while the price for Vietnam ($6,479 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 China (+8.3%), while the prices for the other major suppliers experienced a decline.
Pistachio Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average pistachio export price amounted to $4,645 per ton, shrinking by -80.3% against the previous month. In general, the export price recorded a perceptible contraction. The pace of growth was the most pronounced in July 2023 an increase of 156% against the previous month. The export price peaked at $23,596 per ton in August 2023, and then reduced remarkably in the following month.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Macao SAR ($15,622 per ton), while the average price for exports to Vietnam ($3,525 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Pistachio Imports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in supplies from abroad of pistachios, which decreased by -75.2% to 3.4K tons in 2022. Over the period under review, imports continue to indicate a sharp downturn. The smallest decline of -19.3% was in 2021.
In value terms, pistachio imports shrank dramatically to $25M in 2022. Overall, imports faced a dramatic slump. The smallest decline of -18.4% was in 2021.
Import of Pistachio in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 460 | 109 | 88.0 | 21.6 | -63.9% |
China | 7.4 | 2.8 | 4.2 | 3.1 | -25.2% |
Iran | 11.4 | 13.8 | 10.1 | 0.2 | -74.0% |
Others | 16.9 | 2.7 | 2.5 | 0.5 | -69.1% |
Total | 496 | 128 | 105 | 25.4 | -62.9% |
Top Suppliers of Pistachio to Hong Kong SAR in 2022:
- United States (2919.2 tons)
- China (417.4 tons)
- Iran (29.2 tons)
Pistachio Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of pistachios, which decreased by -62.2% to 3.9K tons in 2022. Overall, exports saw a significant decrease. The smallest decline of -28.9% was in 2021.
In value terms, pistachio exports dropped markedly to $25M in 2022. In general, exports faced a precipitous contraction. The smallest decline of -20.5% was in 2021.
Export of Pistachio in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 34.9 | 9.5 | 16.5 | 12.1 | -29.7% |
Taiwan (Chinese) | 5.4 | 2.6 | 8.5 | 4.8 | -3.9% |
China | 316 | 67.7 | 48.0 | 4.8 | -75.2% |
Thailand | 19.1 | 0.3 | 0.1 | 1.5 | -57.2% |
Russia | 2.9 | 6.4 | 0.2 | 0.8 | -34.9% |
United Arab Emirates | N/A | N/A | N/A | 0.6 | 0% |
Others | 10.0 | 8.0 | 1.9 | 0.8 | -56.9% |
Total | 388 | 94.5 | 75.2 | 25.4 | -59.7% |
Top Export Markets for Pistachio from Hong Kong SAR in 2022:
- Vietnam (2243.9 tons)
- China (629.0 tons)
- Taiwan (Chinese) (567.0 tons)
- Thailand (175.5 tons)
- Russia (99.7 tons)
- United Arab Emirates (78.9 tons)
This report provides an in-depth analysis of the pistachio 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 223 - Pistachios
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
- COUNTRIES WITH TOP YIELDS
- 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, 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
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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
- 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
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In May 2023, the price of Pistachio reached $9,623 per ton (CIF, Hong Kong), showing a 20% increase compared to the previous month.
In May 2023, the almond price reached $3,429 per ton (CIF, Hong Kong), showing a 46% increase compared to the previous month.
In January 2023, the shelled walnut price amounted to $5,190 per ton (CIF, Hong Kong), which is down by -23% against the previous month.
Global pistachio market analysis from 2023 to 2030, including consumption trends, market performance, production, imports, and exports.
Pistachio prices are to keep moderately growing as global production is forecast to drop by 16% y/y to 829K tons in 2022. Lower outputs are expected in Iran and Turkey, while U.S. production is projected to gain 10% y/y to a record 523K tons, ensuring stable exports.
The global pistachio market expanded slightly to $10.6B in 2019, growing by 4% against the previous year. This figure...
Global pistachio consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the country with the largest volume of the pistachio output was Iran (X thousand tons), accounting for X% of global production.
The sanctions imposed on Iran in X were partially lifted this year on January, X. Despite the toll taken on the Iranian economy by years under these measures, the country was able to maintain its world's highest rates of pistachio production, doubl
By virtue of a nearly X% jump in exports in 2014, Germany assumed the second spot in the global pistachio trade. In 2014, Germany exported X thousand tons of pistachios totaling X million USD, X% over the previous year. Its primary trading partn