What is the price of millet per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong millet is between US$ 1.35 and US$ 2.90 per kilogram or between US$ 0.61 and US$ 1.32 per pound(lb). Click here to see today's exact prices of millet in Hong Kong
The retail price range in Hong Kong Dollar for millet is between HKD 10.58 and HKD 22.67 per kilogram or between HKD 4.80 and HKD 10.28 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong millet is between US$ 0.95 and US$ 2.03 per kilogram or between US$ 0.43 and US$ 0.92 per pound(lb).
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Hong Kong Millet Export Prices - Historical, Trends and Prediction
The export price of millet from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The most recent data shows that the export price per kilogram of millet from Hong Kong in 2022 was $0.65. This represents a steady increase of $0.20 over the past five years. Based on this trend, it is likely that the export price of millet from Hong Kong in 2023 and 2024 will be $0.70 and $0.75 per kilogram, respectively.The exports of millet from Hong Kong are classified as:
- Millet (excluding grain sorghum) (HS code 100820)
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
Hong Kong Millet Import Prices - Historical, Trends and Prediction
The import price of Millet 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 per kilogram, and in 2021, it further increased to $0.70. The most recent data shows that the import price of Millet into Hong Kong in 2022 was $0.80 per kilogram. Overall, the import price of Millet 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 of Millet into Hong Kong in 2023 will be around $0.90 per kilogram, and in 2024, it is expected to be around $1.00 per kilogram.Export values for Hong Kong millet
The total values in export for millet in Hong Kong were US$ 24, US$ 27, US$ 15 and US$ 21 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Hong Kong: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Canary seed & Fonio.
See prices of millet in other countries across Asia: Kazakhstan millet, Kyrgyzstan millet, Tajikistan millet, Turkmenistan millet, Uzbekistan millet, China millet, Hong Kong millet, Macao millet, North Korea millet & Mongolia millet.
Hong Kong millet - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 15 tonnes of millet. Through 2019 alone, the market for Hong Kong millet (cereals/grains category) has gone up, with a change of 200 pc compared to the year 2018. Between 2017 and 2019, millet's exports increased by 25% bringing Hong Kong US$0.02m for the year 2019. Hong Kong's millet exports are categorised as:
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
- Millet (excluding grain sorghum) (HS code 100820)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
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Hong Kong millet export values
In 2019, Hong Kong supplied millet worth 0.02m USD, an increase of 33.33% from 2018's total millet export of 0.015m USD. The annual increase in value of Hong Kong millet between 2017 to 2018 was -44.444 pc.
The annual/yearly variation in the volume of Hong Kong's millet exports between 2017 and 2019 was 25% compared to a variation of 200% in the period between 2018 and 2019.
Hong Kong's portion of the world's total millet's exports in 2019 was less than 1%. The country holds position 52 in world exports of millet.
Export markets for Hong Kong millet ( in '000$ )
Hong Kong's leading export markets for millet are Canada, Macao, United Kingdom (UK), Australia and US.
Import/Export Trends
Hong Kong is a net importer of millet. The annual growth of Hong Kong millet in value between 2015 to 2019 was 38%, per year, while annual growth in quantity during the same period was 38%, per annum.
Hong Kong procured 151 tonnes of millet in 2019.