Hong Kong SAR, China - Citrus Fruit Jams, Marmalades, Jellies, Purees Or Pastes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 2, 2024

Hong Kong SAR, China - Citrus Fruit Jams, Marmalades, Jellies, Purees Or Pastes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Citrus Fruit Jams and Marmalades in Hong Kong SAR - 2023

Contents:

  1. Price for Citrus Fruit Jams and Marmalades in Hong Kong SAR (CIF) - 2022
  2. Price for Citrus Fruit Jams and Marmalades in Hong Kong SAR (FOB) - 2022
  3. Imports of Citrus Fruit Jams and Marmalades in Hong Kong SAR
  4. Exports of Citrus Fruit Jams and Marmalades in Hong Kong SAR

Price for Citrus Fruit Jams and Marmalades in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $4,186 per ton, falling by -28.3% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $5,836 per ton, and then fell notably in the following year.

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 France ($5,711 per ton), while the price for Singapore ($1,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Citrus Fruit Jams and Marmalades in Hong Kong SAR (FOB) - 2022

The average export price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $4,531 per ton in 2022, reducing by -33.2% against the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2018 an increase of 61% against the previous year. Over the period under review, the average export prices reached the maximum at $6,787 per ton in 2021, and then dropped dramatically 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 2022, the rate of growth in terms of prices for Vietnam amounted to +231.5% per year.

Imports of Citrus Fruit Jams and Marmalades in Hong Kong SAR

After three years of growth, overseas purchases of citrus fruit jams, marmalades, jellies, purees or pastes decreased by -18.3% to 377 tons in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports reached the peak of 461 tons, and then declined sharply in the following year.

In value terms, citrus fruit jams and marmalades imports reduced sharply to $1.6M in 2022. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. As a result, imports attained the peak of $2.7M, and then dropped remarkably in the following year.

Import of Citrus Fruit Jams and Marmalades in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5665001,0147329.0%
France3776627294233.9%
Taiwan (Chinese)17.729.4104165110.5%
United States11.810571.787.995.3%
Singapore21.025.025.349.933.4%
South Korea10747.628.848.4-23.2%
United Kingdom35.934.342.732.5-3.3%
Italy24.437.857.25.5-39.1%
Others76.239.061632.6-24.6%
Total1,2371,4802,6901,5778.4%

Top Suppliers of Citrus Fruit Jams and Marmalades to Hong Kong SAR in 2022:

  1. Japan (147.9 tons)
  2. France (74.2 tons)
  3. Singapore (49.8 tons)
  4. Taiwan (Chinese) (38.2 tons)
  5. United States (36.6 tons)
  6. South Korea (12.9 tons)
  7. United Kingdom (6.2 tons)
  8. Italy (1.3 tons)

Exports of Citrus Fruit Jams and Marmalades in Hong Kong SAR

After three years of growth, overseas shipments of citrus fruit jams, marmalades, jellies, purees or pastes decreased by -55.4% to 27 tons in 2022. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year.

In value terms, citrus fruit jams and marmalades exports reduced markedly to $124K in 2022. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 89%. As a result, the exports reached the peak of $417K, and then fell remarkably in the following year.

Export of Citrus Fruit Jams and Marmalades in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR86.611470.712412.7%
China58.0106346N/A144.2%
OthersN/AN/AN/AN/A0%
Total145220417124-5.1%

Top Export Markets for Citrus Fruit Jams and Marmalades from Hong Kong SAR in 2022:

  1. Macao SAR (27.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for citrus fruit jams and marmalades 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 10392230 - Citrus fruit jams, marmalades, jellies, purees or pastes, being cooked preparations (excluding homogenised preparations)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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