What is the price of agar per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong agar is between US$ 22.60 and US$ 29.48 per kilogram or between US$ 10.25 and US$ 13.37 per pound(lb). Click here to see today's exact prices of agar in Hong Kong
The retail price range in Hong Kong Dollar for agar is between HKD 176.66 and HKD 230.43 per kilogram or between HKD 80.12 and HKD 104.50 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong agar is between US$ 15.82 and US$ 20.64 per kilogram or between US$ 7.18 and US$ 9.36 per pound(lb).
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Hong Kong Agar Export Prices - Historical, Trends and Prediction
The export price of Agar from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Agar from Hong Kong was $3.05 in 2022. Overall, the export price of Agar from Hong Kong has increased by 24.5% over the past five years. It is difficult to predict the prices for 2023 and 2024, but it is likely that the export price will continue to increase.Hong Kong Agar Import Prices - Historical, Trends and Prediction
The import price of Agar into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price per kilogram of Agar into Hong Kong was $3.05 in 2022. Overall, the import price of Agar into Hong Kong has seen a steady increase of $0.15 per kilogram each year over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Agar into Hong Kong will be $3.20 in 2023 and $3.35 in 2024.Export values for Hong Kong agar
The total values in export for agar in Hong Kong were US$ 70, US$ 79, US$ 77 and US$ 129 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of agar in other countries across Asia: Kazakhstan agar, Kyrgyzstan agar, Tajikistan agar, Turkmenistan agar, Uzbekistan agar, China agar, Hong Kong agar, Macao agar, North Korea agar & Mongolia agar.
Hong Kong agar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 6 tonnes of agar. In 2019 alone, the market for Hong Kong agar (processed category) has surged, with a change of 100 per cent compared to the year 2018. Between 2017 and 2019, agar's exports went up by 50 pc bringing the country US$0.13m for the year 2019. Hong Kong's agar exports are categorised as:
- Agar-agar, whether or not modified (HS code 130231)
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Hong Kong agar export values
In 2019, Hong Kong supplied agar costing 0.13m USD, an increase of 68.83% from 2018's total agar export of 0.077m USD. The annual change in value of Hong Kong agar between 2017 to 2018 was -2.532 pc.
The annual/yearly variation in the quantity of Hong Kong's agar exports between 2017 and 2019 was 50 pc compared to a variation of 100% in the period between 2018 and 2019.
Hong Kong's share of the world's total agar's exports in 2019 was less than 1%. Hong Kong is ranked position 47 in world exports of agar.
Export markets for Hong Kong agar ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of agar. The annual growth of Hong Kong agar in value between 2015 to 2019 was 26%, per annum, while annual growth in quantity through the same period was 23%, per annum.
Hong Kong ordered 3 tonnes of agar in 2019.