What is the price of lard oil per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong lard oil is between US$ 5.38 and US$ 7.33 per kilogram or between US$ 2.44 and US$ 3.33 per pound(lb). Click here to see today's exact prices of lard oil in Hong Kong
The retail price range in Hong Kong Dollar for lard oil is between HKD 42.04 and HKD 57.33 per kilogram or between HKD 19.07 and HKD 26.00 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong lard oil is between US$ 3.76 and US$ 5.13 per kilogram or between US$ 1.71 and US$ 2.33 per pound(lb).
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Hong Kong Lard Oil Export Prices - Historical, Trends and Prediction
The export price of Lard Oil from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. This year, the export price per kilogram of Lard Oil from Hong Kong is $2.05. This represents a 41% increase in the export price over the past five years. Based on this trend, it is likely that the export price of Lard Oil from Hong Kong will continue to increase in the coming years, with an estimated price of $2.21 in 2023 and $2.38 in 2024.The lard oil exports from Hong Kong are classified as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
Hong Kong Lard Oil Import Prices - Historical, Trends and Prediction
The import price of Lard Oil into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. The most recent data shows that the import price per kilogram of Lard Oil into Hong Kong was $0.80 in 2022. Overall, the import price of Lard Oil into Hong Kong has seen a steady increase of $0.35 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 Lard Oil into Hong Kong will be $0.90 in 2023 and $1.00 in 2024.Export values for Hong Kong lard oil
The total values in export for lard oil in Hong Kong were US$ 14, US$ 26, US$ 17 and US$ 37 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 lard oil in other countries across Asia: Kazakhstan lard oil, Kyrgyzstan lard oil, Tajikistan lard oil, Turkmenistan lard oil, Uzbekistan lard oil, China lard oil, Hong Kong lard oil, Macao lard oil, North Korea lard oil & Mongolia lard oil.
Hong Kong lard oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong sold 14 tonnes of lard oil. For the year 2019 alone, the interest in Hong Kong lard oil (processed category) has gone up, flactuating by 100 per cent compared to the year 2018. Between 2017 and 2019, lard oil's exports went up by 40 pc netting the country US$0.04m for the year 2019. Hong Kong's lard oil exports are categorised as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
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Hong Kong lard oil export values
In 2019, Hong Kong supplied lard oil worth 0.04m USD, an improvement of 135.29% from 2018's total lard oil export of 0.017m USD. The yearly change in value of Hong Kong lard oil between 2017 to 2018 was -34.615 per cent.
The per year change in the volume of Hong Kong's lard oil exports between 2017 and 2019 was 40 percent in comparison to a variation of 100% in the period between 2018 and 2019.
Hong Kong's stake of the world's total lard oil's exports in 2019 was less than 1%. The country holds number 31 in world exports of lard oil.
Export markets for Hong Kong lard oil ( in '000$ )
Hong Kong's leading destinations for lard oil are China, Macao, Vietnam, Thailand and Singapore.
Import/Export Trends
Hong Kong is a net exporter of lard oil. The annual growth of Hong Kong lard oil in value between 2015 to 2019 was 19%, per year, while annual growth in quantity for the same period was 5%, per annum.
Hong Kong imported 0 tonnes of lard oil in 2019.