What is the price of peanut (groundnuts) per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong peanut (groundnuts) is between US$ 0.87 and US$ 2.39 per kilogram or between US$ 0.40 and US$ 1.08 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Hong Kong
The retail price range in Hong Kong Dollar for peanut (groundnuts) is between HKD 6.83 and HKD 18.67 per kilogram or between HKD 3.10 and HKD 8.47 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong peanut (groundnuts) is between US$ 0.61 and US$ 1.67 per kilogram or between US$ 0.28 and US$ 0.76 per pound(lb).
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Hong Kong Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price of Peanut (Groundnuts) from Hong Kong has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.45, which was a slight increase from the previous year. In 2020, the export price per kilogram rose to $2.60, representing a 6.12% increase from the previous year. 2021 saw a further increase to $2.75, representing a 5.77% increase from the previous year. 2022 saw a slight decrease to $2.70, representing a 2.18% decrease from the previous year. Finally, in 2023, the export price per kilogram rose to $2.80, representing a 3.70% increase from the previous year. Based on this trend, it is likely that the export price per kilogram of Peanut (Groundnuts) from Hong Kong will continue to increase in the coming years, with an estimated price of $2.90 in 2024.The peanut (groundnuts) exports from Hong Kong are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Hong Kong Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price of Peanut (Groundnuts) into Hong Kong has seen a steady increase over the past five years. In 2018, the import 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. The most recent data shows that the import price per kilogram of Peanut (Groundnuts) into Hong Kong was $2.05 in 2022. This steady increase in the import price of Peanut (Groundnuts) into Hong Kong over the past five years indicates that the trend is likely to continue in the coming years. Based on this trend, it is predicted that the import price per kilogram of Peanut (Groundnuts) into Hong Kong will be $2.20 in 2023 and $2.35 in 2024.Export values for Hong Kong peanut (groundnuts)
The total values in export for peanut (groundnuts) in Hong Kong were US$ 7,737, US$ 7,469, US$ 6,641 and US$ 5,055 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts and Oil Seeds category in Hong Kong: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Asia: Kazakhstan peanut (groundnuts), Kyrgyzstan peanut (groundnuts), Tajikistan peanut (groundnuts), Turkmenistan peanut (groundnuts), Uzbekistan peanut (groundnuts), China peanut (groundnuts), Hong Kong peanut (groundnuts), Macao peanut (groundnuts), North Korea peanut (groundnuts) & Mongolia peanut (groundnuts).
Hong Kong peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 1,173 tonnes of peanut (groundnuts). For 2019 alone, the interest in Hong Kong peanut (groundnuts) (nuts and oil seeds category) has reduced, flactuating by -17.336 pc compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports decreased by -26.09 pc bringing Hong Kong US$5.06m for the year 2019. Hong Kong's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Hong Kong peanut (groundnuts) export values
In 2019, Hong Kong supplied peanut (groundnuts) with a value of 5.06m USD, a contraction of -23.81% from 2018's total peanut (groundnuts) export of 6.641m USD. The annual change in value of Hong Kong peanut (groundnuts) between 2017 to 2018 was -11.086 pc.
The per year variation in the amount of Hong Kong's peanut (groundnuts) exports between 2017 and 2019 was -26.09 per cent in comparison to a variation of -17.336% in the period between 2018 and 2019.
Hong Kong's portion of the world's total peanut (groundnuts)'s exports in 2019 was 2.8 percent. Hong Kong holds position 7 in world exports of peanut (groundnuts).
Export markets for Hong Kong peanut (groundnuts) ( in '000$ )
Hong Kong's top export markets for peanut (groundnuts) are China, Macao, Vietnam, Singapore and US.
Import/Export Trends
Hong Kong is a net importer of peanut (groundnuts). The annual growth of Hong Kong peanut (groundnuts) in value between 2015 to 2019 was -28%, per annum, while annual growth in quantity was -20%, per annum.
Hong Kong imported 7,313 tonnes of peanut (groundnuts) in 2019.