What is the price of crabs per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong crabs is between US$ 2.75 and US$ 10.86 per kilogram or between US$ 1.24 and US$ 4.93 per pound(lb). Click here to see today's exact prices of crabs in Hong Kong
The retail price range in Hong Kong Dollar for crabs is between HKD 21.46 and HKD 84.92 per kilogram or between HKD 9.73 and HKD 38.51 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong crabs is between US$ 1.92 and US$ 7.61 per kilogram or between US$ 0.87 and US$ 3.45 per pound(lb).
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Hong Kong Crabs Export Prices - Historical, Trends and Prediction
The export price of crabs from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.90, which increased to $3.20 in 2019. In 2020, the price rose to $3.50, and in 2021 it further increased to $3.80. The export price of crabs from Hong Kong reached its highest point in 2022, with a price of $4.10 per kilogram. Based on this trend, it is likely that the export price of crabs from Hong Kong will continue to increase in the next two years, reaching approximately $4.40 in 2023 and $4.70 in 2024.Hong Kong Crabs Import Prices - Historical, Trends and Prediction
The import price of crabs into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that in 2022, the import price per kilogram of crabs into Hong Kong was $3.80. Overall, the import price of crabs into Hong Kong has seen a steady increase of 30 cents per kilogram 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 crabs into Hong Kong will reach $4.10 in 2023 and $4.40 in 2024.Export values for Hong Kong crabs
The total values in export for crabs in Hong Kong were US$ 79,654, US$ 64,426, US$ 12,410 and US$ 13,621 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Hong Kong: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of crabs in other countries across Asia: Kazakhstan crabs, Kyrgyzstan crabs, Tajikistan crabs, Turkmenistan crabs, Uzbekistan crabs, China crabs, Hong Kong crabs, Macao crabs, North Korea crabs & Mongolia crabs.
Hong Kong crabs - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 2,019 tonnes of crabs. In 2019 alone, the interest in Hong Kong crabs (seafood category) has reduced, changing by -53.404 pc compared to the year 2018. Between 2017 and 2019, crabs' exports went down by -67.05% bringing Hong Kong US$13.62m for the year 2019. Hong Kong's crabs exports are classified as:
- Crabs, whether in shell or not, live, fresh or chilled (HS code 030633)
- Crabs, whether in shell or not, dried, salted, smoked or in brine, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030693)
- Frozen crabs, even smoked, whether in shell or not, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030614)
- Crabs, even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030624)
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Hong Kong crabs export values
In 2019, Hong Kong sold crabs costing 13.62m USD, an increment of 9.75% from 2018's total crabs export of 12.41m USD. The yearly increase in value of Hong Kong crabs between 2017 to 2018 was -80.738 per cent.
The yearly variation in the amount of Hong Kong's crabs exports between 2017 and 2019 was -67.05 pc when compared to a variation of -53.404% in the growth rate between 2018 and 2019.
Hong Kong's portion of the world's total crabs' exports in 2019 was less than 1%. The country holds position 21 in world exports of crabs.
Export markets for Hong Kong crabs ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of crabs. The annual growth of Hong Kong crabs in value between 2015 to 2019 was -18%, per annum, while annual growth in quantity during the same period was %, per annum.
Hong Kong procured 8,234 tonnes of crabs in 2019.