What is the price of cocoa powder (solids) per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong cocoa powder (solids) is between US$ 8.01 and US$ 21.63 per kilogram or between US$ 3.63 and US$ 9.81 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Hong Kong
The retail price range in Hong Kong Dollar for cocoa powder (solids) is between HKD 62.59 and HKD 169.06 per kilogram or between HKD 28.39 and HKD 76.67 per pound(lb) in Kowloon and Tsuen Wan.
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In 2024, the approximate wholesale price range for Hong Kong cocoa powder (solids) is between US$ 5.61 and US$ 15.14 per kilogram or between US$ 2.54 and US$ 6.87 per pound(lb).
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Hong Kong Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price of Cocoa Powder (Solids) from Hong Kong has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.90, which increased to $3.10 in 2020. This trend continued in 2021, with the export price per kilogram reaching $3.30. In 2022, the export price per kilogram rose to $3.50, and is expected to remain at this level in 2023. Looking ahead to 2024, the export price per kilogram is projected to increase to $3.70.The cocoa powder (solids) exports from Hong Kong are categorised as:
- Cocoa powder, sweetened (HS code 180610)
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
Hong Kong Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price of Cocoa Powder (Solids) into Hong Kong has seen a steady increase over the past five years. In 2019, the import price per kilogram was $2.45, a slight increase from the previous year's price of $2.43. In 2020, the price rose to $2.50, and then to $2.60 in 2021. This year, the import price per kilogram has reached its highest point in the past five years, at $2.70. This is a significant increase of 8.2% from the previous year. Looking ahead, it is likely that the import price of Cocoa Powder (Solids) into Hong Kong will continue to rise in the coming years. Based on the data, we can predict that the import price per kilogram for 2023 and 2024 will be around $2.80 and $2.90 respectively.Export values for Hong Kong cocoa powder (solids)
The total values in export for cocoa powder (solids) in Hong Kong were US$ 1,072, US$ 1,133, US$ 740 and US$ 1,570 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 cocoa powder (solids) in other countries across Asia: Kazakhstan cocoa powder (solids), Kyrgyzstan cocoa powder (solids), Tajikistan cocoa powder (solids), Turkmenistan cocoa powder (solids), Uzbekistan cocoa powder (solids), China cocoa powder (solids), Hong Kong cocoa powder (solids), Macao cocoa powder (solids), North Korea cocoa powder (solids) & Mongolia cocoa powder (solids).
Hong Kong cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong sold 279 tonnes of cocoa powder (solids). For 2019 alone, the market for Hong Kong cocoa powder (solids) (processed category) has increased, flactuating by 151.351 per cent compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports grew by 25.11% netting the nation US$1.57m for the year 2019. Hong Kong's cocoa powder (solids) exports are categorised as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
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Hong Kong cocoa powder (solids) export values
In 2019, Hong Kong supplied cocoa powder (solids) valued at 1.57m USD, a growth of 112.16% from 2018's total cocoa powder (solids) export of 0.74m USD. The yearly change in value of Hong Kong cocoa powder (solids) between 2017 to 2018 was -34.687 pc.
The annual variation in the amount of Hong Kong's cocoa powder (solids) exports between 2017 and 2019 was 25.11 per cent when compared to a variation of 151.351% in the growth rate between 2018 and 2019.
Export markets for Hong Kong cocoa powder (solids) ( in '000$ )
Hong Kong's top export markets for cocoa powder (solids) are China, Macao, United Kingdom (UK), South Korea and Vietnam.
Hong Kong ordered 1,195 tonnes of cocoa powder (solids) in 2019.