Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR - 2023

Contents:

  1. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR (CIF) - 2023
  2. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR (FOB) - 2022
  3. Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR
  4. Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR (CIF) - 2023

In September 2023, the average import price for vegetables; celery (other than celeriac), fresh or chilleds amounted to $1,471 per ton, growing by 5.3% against the previous month. In general, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 25% month-to-month. Over the period under review, average import prices hit record highs at $1,795 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,523 per ton), while the price for China ($318 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced a decline.

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for vegetables; celery (other than celeriac), fresh or chilleds amounted to $1,841 per ton, surging by 103% against the previous year. In general, the export price recorded a perceptible increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 122% against the previous year. As a result, the export price attained the peak level of $2,099 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($4,866 per ton), while the average price for exports to Malaysia stood at $1,154 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+21.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of vegetables; celery (other than celeriac), fresh or chilleds, which decreased by -18.3% to 2.3K tons in 2022. Overall, imports continue to indicate a precipitous curtailment. The smallest decline of -4.5% was in 2020.

In value terms, imports of vegetables; celery (other than celeriac), fresh or chilleds totaled $3.3M in 2022. Over the period under review, imports recorded a deep reduction.

Import of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.44.93.13.0-12.0%
Australia1.00.2N/A0.1-53.6%
ChinaN/AN/AN/AN/A0%
Taiwan (Chinese)N/AN/A0.1N/A0%
Others0.2N/AN/AN/A0%
Total5.65.13.33.3-16.2%

Top Suppliers of Vegetables; Celery (Other than Celeriac), Fresh or Chilled to Hong Kong SAR in 2022:

  1. United States (2100.5 tons)
  2. Taiwan (Chinese) (64.6 tons)
  3. Australia (48.9 tons)
  4. China (37.4 tons)

Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR

In 2022, the amount of vegetables; celery (other than celeriac), fresh or chilleds exported from Hong Kong SAR reduced dramatically to 599 kg, with a decrease of -98.7% against 2021 figures. In general, exports showed a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 11,974%. As a result, the exports attained the peak of 47 tons, and then declined dramatically in the following year.

In value terms, exports of vegetables; celery (other than celeriac), fresh or chilleds declined notably to $1.1K in 2022. Overall, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5,127% against the previous year. As a result, the exports reached the peak of $43K, and then shrank rapidly in the following year.

Export of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia16.9N/A42.80.6-67.1%
Macao SAR0.40.60.30.57.7%
OthersN/A0.3N/A0.1-42.3%
Total17.30.843.11.1-60.1%

Top Export Markets for Vegetables; Celery (Other than Celeriac), Fresh or Chilled from Hong Kong SAR in 2022:

  1. Malaysia (500.0 kg)
  2. Macao SAR (97.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables; celery (other than celeriac), fresh or chilled - Hong Kong SAR