What is the price of crustaceans per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong crustaceans is between US$ 2.80 and US$ 6.60 per kilogram or between US$ 1.27 and US$ 3.00 per pound(lb). Click here to see today's exact prices of crustaceans in Hong Kong
The retail price range in Hong Kong Dollar for crustaceans is between HKD 21.87 and HKD 51.62 per kilogram or between HKD 9.92 and HKD 23.41 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong crustaceans is between US$ 1.96 and US$ 4.62 per kilogram or between US$ 0.89 and US$ 2.10 per pound(lb).
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Hong Kong Crustaceans Export Prices - Historical, Trends and Prediction
The export prices of crustaceans from Hong Kong have seen a steady increase over the past five years. In 2018, the export price per kilogram of crustaceans was $2.45, which increased to $2.60 in 2019. In 2020, the export price per kilogram of crustaceans rose to $2.75, and in 2021, it further increased to $2.90. The export price per kilogram of crustaceans in 2022 was $3.05, which is the highest price in the past five years. This trend indicates that the export price per kilogram of crustaceans is likely to continue to increase in the coming years. Based on this data, it is predicted that the export price per kilogram of crustaceans in 2023 will be around $3.20 and in 2024 will be around $3.35.Hong Kong Crustaceans Import Prices - Historical, Trends and Prediction
The import prices of Crustaceans into Hong Kong have seen a steady increase over the past five years. In 2019, the import price per kilogram was $2.90, a slight increase from the previous year's $2.80. In 2020, the price rose to $3.10, a 7.14% increase from the previous year. 2021 saw a further increase to $3.30, a 6.45% increase from the previous year. 2022 saw a slight decrease to $3.20, a 3.03% decrease from the previous year. Finally, in 2023, the import price per kilogram was $3.40, a 6.25% increase from the previous year. Looking ahead, it is likely that the import prices of Crustaceans into Hong Kong will continue to increase in the coming years. We can expect the import price per kilogram to reach $3.60 in 2024, a 5.88% increase from 2023.Export values for Hong Kong crustaceans
The total values in export for crustaceans in Hong Kong were US$ 3,065, US$ 6,525, US$ 7,471 and US$ 5,622 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, Crabs, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of crustaceans in other countries across Asia: Kazakhstan crustaceans, Kyrgyzstan crustaceans, Tajikistan crustaceans, Turkmenistan crustaceans, Uzbekistan crustaceans, China crustaceans, Hong Kong crustaceans, Macao crustaceans, North Korea crustaceans & Mongolia crustaceans.
Hong Kong crustaceans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 210 tonnes of crustaceans. For 2019 alone, the interest in Hong Kong crustaceans (seafood category) has decreased, changing by -35.385 per cent compared to the year 2018. Between 2017 and 2019, crustaceans' exports went down by -21.35% earning the exporter US$5.62m for the year 2019. Hong Kong's crustaceans exports are classified as:
- Crustaceans, fit for human consumption, whether in shell or not, live, fresh or chilled (excl. rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, fit for human consumption, fresh or chilled (HS code 030639)
- Frozen crustaceans, even smoked, fit for human consumption, whether in shell or not, incl. crustaceans in shell, cooked beforehand by steaming or by boiling in water (excluding rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); frozen flours, meals, and pellets of crustaceans, even smoked, fit for human consumption (HS code 030619)
- Crustaceans, even smoked, fit for human consumption, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. crustaceans in shell, cooked by steaming or by boiling in water (excluding rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, even smoked, fit for human consumption (HS code 030629)
- Crustaceans, prepared or preserved (excluding smoked, crabs, shrimps, prawns and lobster) (HS code 160540)
- Crustaceans, fit for human consumption, whether in shell or not, dried, salted, smoked or in brine, incl. crustaceans in shell, cooked by steaming or by boiling in water (excl. rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, dried, salted, smoked or in brine, fit for human consumption (HS code 030699)
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Hong Kong crustaceans export values
In 2019, Hong Kong supplied crustaceans worth 5.62m USD, a reduction of -24.78% from 2018's total crustaceans export of 7.471m USD. The annual reduction in value of Hong Kong crustaceans between 2017 to 2018 was 14.498%.
The yearly change in the volume of Hong Kong's crustaceans exports between 2017 and 2019 was -21.35 per cent when compared to a variation of -35.385% in the growth rate between 2018 and 2019.
Hong Kong's portion of the world's total crustaceans' exports in 2019 was less than 1%. Hong Kong is ranked position 23 in world exports of crustaceans.
Export markets for Hong Kong crustaceans ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of crustaceans. The annual growth of Hong Kong crustaceans in value between 2015 to 2019 was 40%, per year, while annual growth in quantity through the same period was %, per annum.
Hong Kong bought 1,541 tonnes of crustaceans in 2019.