What is the price of pepper per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong pepper is between US$ 5.37 and US$ 6.56 per kilogram or between US$ 2.43 and US$ 2.97 per pound(lb). Click here to see today's exact prices of pepper in Hong Kong
The retail price range in Hong Kong Dollar for pepper is between HKD 41.96 and HKD 51.24 per kilogram or between HKD 19.03 and HKD 23.24 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong pepper is between US$ 3.76 and US$ 4.59 per kilogram or between US$ 1.70 and US$ 2.08 per pound(lb).
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Hong Kong Pepper Export Prices - Historical, Trends and Prediction
The export price of pepper 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 pepper from Hong Kong in 2022 was $3.05. Overall, the export price of pepper from Hong Kong has increased by 24.5% over the past five years. It is difficult to predict the prices for 2023 and 2024, however, it is likely that the export price will continue to increase.The exports of pepper from Hong Kong are categorised as:
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
Hong Kong Pepper Import Prices - Historical, Trends and Prediction
The import price of pepper into Hong Kong has seen a steady increase over the past five years. In 2018, the 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 of pepper into Hong Kong in 2022 was $3.05 per kilogram. Overall, the import price of pepper into Hong Kong has seen a steady increase of $0.15 per kilogram each year over the past five years. Based on this trend, it is likely that the import price of pepper into Hong Kong will continue to increase in the coming years. If this trend continues, it is likely that the import price of pepper into Hong Kong in 2023 will be $3.20 per kilogram, and in 2024 it will be $3.35 per kilogram.Export values for Hong Kong pepper
The total values in export for pepper in Hong Kong were US$ 1,897, US$ 1,822, US$ 2,399 and US$ 2,236 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Hong Kong: Garlic, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of pepper in other countries across Asia: Kazakhstan pepper, Kyrgyzstan pepper, Tajikistan pepper, Turkmenistan pepper, Uzbekistan pepper, China pepper, Hong Kong pepper, Macao pepper, North Korea pepper & Mongolia pepper.
Hong Kong pepper - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong sold 415 tonnes of pepper. Through 2019 alone, the market for Hong Kong pepper (herbs and spices category) has gone down, flactuating by -15.65 % compared to the year 2018. Between 2017 and 2019, pepper's exports increased by 38.8% netting the nation US$2.24m for the year 2019. Hong Kong's pepper exports are classified as:
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
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Hong Kong pepper export values
In 2019, Hong Kong shipped pepper with a value of 2.24m USD, a decrease of -6.63% from 2018's total pepper export of 2.399m USD. The yearly reduction in value of Hong Kong pepper between 2017 to 2018 was 31.668 pc.
The annual variation in the volume of Hong Kong's pepper exports between 2017 and 2019 was 38.8 percent compared to a variation of -15.65% in the period between 2018 and 2019.
Hong Kong's stake of the world's total pepper's exports in 2019 was less than 1%. Hong Kong holds number 16 in world exports of pepper.
Export markets for Hong Kong pepper ( in '000$ )
Hong Kong's leading export markets for pepper are US, Trinidad and Tobago, United Kingdom (UK), Singapore and Australia.
Import/Export Trends
Hong Kong is a net importer of pepper. The annual growth of Hong Kong pepper in value between 2015 to 2019 was 22%, per year, while annual growth in quantity during the same period was -1%, per annum.
Hong Kong brought in 1,314 tonnes of pepper in 2019.