What is the price of areca (betel) nut per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong areca (betel) nut is between US$ 2.47 and US$ 3.45 per kilogram or between US$ 1.12 and US$ 1.57 per pound(lb). Click here to see today's exact prices of areca (betel) nut in Hong Kong
The retail price range in Hong Kong Dollar for areca (betel) nut is between HKD 19.27 and HKD 26.98 per kilogram or between HKD 8.74 and HKD 12.24 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong areca (betel) nut is between US$ 1.73 and US$ 2.42 per kilogram or between US$ 0.78 and US$ 1.10 per pound(lb).
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Hong Kong Areca (betel) Nut Export Prices - Historical, Trends and Prediction
The export price of Areca (Betel) Nut 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 in 2022 was $3.05. This represents a 24.5% increase in the export price over the past five years. It is likely that the export price of Areca (Betel) Nut from Hong Kong will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.The areca (betel) nut exports from Hong Kong are classified as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
Hong Kong Areca (betel) Nut Import Prices - Historical, Trends and Prediction
The import price of Areca (Betel) Nut 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 in 2022 was $3.05. Overall, the import price of Areca (Betel) Nut 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 in 2023 will be $3.20, and in 2024, it will be $3.35.Export values for Hong Kong areca (betel) nut
The total values in export for areca (betel) nut in Hong Kong were US$ 251, US$ 117, US$ 334 and US$ 332 in US dollar thousand for the years 2012, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Hong Kong: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of areca (betel) nut in other countries across Asia: Kazakhstan areca (betel) nut, Kyrgyzstan areca (betel) nut, Tajikistan areca (betel) nut, Turkmenistan areca (betel) nut, Uzbekistan areca (betel) nut, China areca (betel) nut, Hong Kong areca (betel) nut, Macao areca (betel) nut, North Korea areca (betel) nut & Mongolia areca (betel) nut.
Hong Kong areca (betel) nut - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 118 tonnes of areca (betel) nut. Through 2019 alone, the market for Hong Kong areca (betel) nut (nuts category) has improved, flactuating by 12.381 percent compared to the year 2018. Between 2017 and 2019, areca (betel) nut's exports increased by 337.04% earning the exporter US$0.33m for the year 2019. Hong Kong's areca (betel) nut exports are categorised as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
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Hong Kong areca (betel) nut export values
In 2019, Hong Kong supplied areca (betel) nut worth 0.33m USD, a contraction of -1.20% from 2018's total areca (betel) nut export of 0.334m USD. The yearly change in value of Hong Kong areca (betel) nut between 2017 to 2018 was 185.47%.
The annual variation in the quantity of Hong Kong's areca (betel) nut exports between 2017 and 2019 was 337.04% when compared to a variation of 12.381% in the growth rate between 2018 and 2019.
Export markets for Hong Kong areca (betel) nut ( in '000$ )
Hong Kong's leading destinations for areca (betel) nut are China and US.
Hong Kong ordered 27 tonnes of areca (betel) nut in 2019.