What is the price of olives per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong olives is between US$ 4.77 and US$ 5.08 per kilogram or between US$ 2.16 and US$ 2.31 per pound(lb). Click here to see today's exact prices of olives in Hong Kong
The retail price range in Hong Kong Dollar for olives is between HKD 37.26 and HKD 39.73 per kilogram or between HKD 16.90 and HKD 18.02 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong olives is between US$ 3.34 and US$ 3.56 per kilogram or between US$ 1.51 and US$ 1.61 per pound(lb).
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Hong Kong Olives Export Prices - Historical, Trends and Prediction
The export price of olives from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of olives from Hong Kong was $3.05 in 2022. Looking ahead, it is likely that the export price of olives from Hong Kong will continue to increase in the coming years. We can predict that the export price per kilogram of olives from Hong Kong will be around $3.20 in 2023 and $3.35 in 2024.The exports of olives from Hong Kong are categorised as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Fresh or chilled olives (HS code 070992)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
Hong Kong Olives Import Prices - Historical, Trends and Prediction
The import price of olives into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price per kilogram of olives into Hong Kong in 2022 was $3.05. This represents an overall increase of 24.5% in the import price of olives into Hong Kong over the past five years. Looking ahead, it is likely that the import price of olives into Hong Kong will continue to increase in the coming years. Based on the data, it is estimated that the import price per kilogram of olives into Hong Kong in 2023 will be around $3.20, and in 2024 it is likely to be around $3.35.Export values for Hong Kong olives
The total values in export for olives in Hong Kong were US$ 664, US$ 663, US$ 683 and US$ 504 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Hong Kong: Pumpkins, squash and gourds, Sweetcorn, Bananas, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of olives in other countries across Asia: Kazakhstan olives, Kyrgyzstan olives, Tajikistan olives, Turkmenistan olives, Uzbekistan olives, China olives, Hong Kong olives, Macao olives, North Korea olives & Mongolia olives.
Hong Kong olives - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 251 tonnes of olives. In 2019 alone, the market for Hong Kong olives (fruits category) has gone down, flactuating by -35.142 percent compared to the year 2018. Between 2017 and 2019, olives' exports went down by -28.69% netting the nation US$0.50m for the year 2019. Hong Kong's olives exports are classified as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Fresh or chilled olives (HS code 070992)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
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Hong Kong olives export values
In 2019, Hong Kong shipped olives valued at 0.50m USD, a drop of -26.79% from 2018's total olives export of 0.683m USD. The yearly change in value of Hong Kong olives between 2017 to 2018 was 3.017%.
The per year variation in the amount of Hong Kong's olives exports between 2017 and 2019 was -28.69% when compared to a variation of -35.142% in the growth rate between 2018 and 2019.
Export markets for Hong Kong olives ( in '000$ )
Hong Kong's best performing export markets for olives are China, Macao, US, Canada and Suriname.
Hong Kong imported 654 tonnes of olives in 2019.