Hong Kong SAR, China - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheat Starch Price in Hong Kong SAR - 2023
Contents:
- Wheat Starch Price in Hong Kong SAR (CIF) - 2023
- Wheat Starch Price in Hong Kong SAR (FOB) - 2023
- Wheat Starch Imports in Hong Kong SAR
- Wheat Starch Exports in Hong Kong SAR
Wheat Starch Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average wheat starch import price amounted to $852 per ton, falling by -9.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 19% month-to-month. As a result, import price reached the peak level of $940 per ton, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,966 per ton), while the price for China ($679 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Wheat Starch Price in Hong Kong SAR (FOB) - 2023
The average wheat starch export price stood at $1,566 per ton in June 2023, declining by -24.9% against the previous month. In general, the export price recorded a noticeable descent. The pace of growth was the most pronounced in March 2023 when the average export price increased by 33% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,121 per ton in September 2022; however, from October 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,694 per ton), while the average price for exports to Malaysia ($797 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wheat Starch Imports in Hong Kong SAR
Wheat starch imports into Hong Kong SAR dropped rapidly to 5.8K tons in 2022, with a decrease of -17.9% on the year before. Overall, imports faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 20%.
In value terms, wheat starch imports skyrocketed to $4.2M in 2022. Over the period under review, imports continue to indicate a perceptible slump.
Import of Wheat Starch in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 490 | 283 | 231 | 976 | 25.8% |
Belgium | 1,128 | 614 | 937 | 966 | -5.0% |
Australia | 877 | 594 | 551 | 794 | -3.3% |
Taiwan (Chinese) | 803 | 574 | 624 | 523 | -13.3% |
Lithuania | 382 | 434 | 502 | 223 | -16.4% |
Argentina | 434 | 132 | 106 | 199 | -22.9% |
Italy | 79.0 | 145 | 139 | 135 | 19.6% |
Germany | 79.7 | 244 | 314 | N/A | 98.5% |
Others | 437 | 202 | 194 | 345 | -7.6% |
Total | 4,710 | 3,222 | 3,598 | 4,161 | -4.0% |
Top Suppliers of Wheat Starch to Hong Kong SAR in 2022:
- China (1408.5 tons)
- Australia (1319.3 tons)
- Belgium (1293.2 tons)
- Taiwan (Chinese) (640.0 tons)
- Lithuania (401.7 tons)
- Argentina (306.4 tons)
- Italy (204.8 tons)
Wheat Starch Exports in Hong Kong SAR
In 2022, approx. 1.4K tons of wheat starch were exported from Hong Kong SAR; with an increase of 3.1% compared with the previous year's figure. In general, exports, however, continue to indicate a abrupt descent.
In value terms, wheat starch exports surged to $2.3M in 2022. Overall, exports, however, saw a slight slump.
Export of Wheat Starch in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 421 | 387 | 354 | 491 | 5.3% |
United States | 497 | 221 | 399 | 413 | -6.0% |
Netherlands | 206 | 244 | 214 | 280 | 10.8% |
Macao SAR | 303 | 290 | 286 | 252 | -6.0% |
United Kingdom | 185 | 167 | 184 | 199 | 2.5% |
Malaysia | 46.5 | 19.1 | 64.4 | 151 | 48.1% |
Singapore | 122 | 137 | 108 | 112 | -2.8% |
Canada | 142 | 77.6 | 74.9 | 111 | -7.9% |
New Zealand | 64.8 | 80.4 | 73.6 | 77.4 | 6.1% |
China | 322 | 103 | 108 | 34.9 | -52.3% |
Others | 111 | 114 | 93.1 | 210 | 23.7% |
Total | 2,419 | 1,840 | 1,960 | 2,332 | -1.2% |
Top Export Markets for Wheat Starch from Hong Kong SAR in 2022:
- Macao SAR (290.9 tons)
- Australia (233.1 tons)
- United States (201.8 tons)
- Netherlands (144.4 tons)
- Malaysia (141.7 tons)
- United Kingdom (85.8 tons)
- Singapore (84.7 tons)
- Canada (61.7 tons)
- New Zealand (44.0 tons)
- China (42.1 tons)
This report provides an in-depth analysis of the wheat starch 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:
- Prodcom 10621111 - Wheat starch
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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In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
The price of Maize Starch in June 2023 was $798 per ton (CIF, Hong Kong), showing an 11% increase compared to the previous month.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.