What is the price of rice per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong rice is between US$ 1.01 and US$ 1.06 per kilogram or between US$ 0.46 and US$ 0.48 per pound(lb). Click here to see today's exact prices of rice in Hong Kong
The retail price range in Hong Kong Dollar for rice is between HKD 7.88 and HKD 8.26 per kilogram or between HKD 3.57 and HKD 3.74 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong rice is between US$ 0.71 and US$ 0.74 per kilogram or between US$ 0.32 and US$ 0.34 per pound(lb).
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Hong Kong Rice Export Prices - Historical, Trends and Prediction
The export price of rice 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. The most recent data shows that the export price per kilogram of rice from Hong Kong in 2022 was $2.05. Looking ahead, it is likely that the export price of rice from Hong Kong will continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram of rice from Hong Kong in 2023 will be around $2.20, and in 2024 it is expected to be around $2.35.The exports of rice from Hong Kong are classified as:
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Broken rice (HS code 100640)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Husked or brown rice (HS code 100620)
Hong Kong Rice Import Prices - Historical, Trends and Prediction
The import price of rice 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 rice into Hong Kong was $2.05 in 2022. Overall, the import price of rice into Hong Kong has increased by 40.7% 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 rice into Hong Kong will reach $2.20 in 2023 and $2.35 in 2024.Export values for Hong Kong rice
The total values in export for rice in Hong Kong were US$ 14,482, US$ 13,483, US$ 17,870 and US$ 16,815 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, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Asia: Kazakhstan rice, Kyrgyzstan rice, Tajikistan rice, Turkmenistan rice, Uzbekistan rice, China rice, Hong Kong rice, Macao rice, North Korea rice & Mongolia rice.
Hong Kong rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 15,233 tonnes of rice. Through 2019 alone, the market for Hong Kong rice (cereals/grains category) has gone down, flactuating by -10.183 percent compared to the year 2018. Between 2017 and 2019, rice's exports decreased by -0.02% earning Hong Kong US$16.82m for the year 2019. Hong Kong's rice exports are categorised as:
- Broken rice (HS code 100640)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Husked or brown rice (HS code 100620)
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Hong Kong rice export values
In 2019, Hong Kong supplied rice with a value of 16.82m USD, a drop of -5.88% from 2018's total rice export of 17.87m USD. The yearly change in value of Hong Kong rice between 2017 to 2018 was 32.537%.
The per year variation in the amount of Hong Kong's rice exports between 2017 and 2019 was -0.02% when compared to a variation of -10.183% in the growth rate between 2018 and 2019.
Export markets for Hong Kong rice ( in '000$ )
Hong Kong's leading destinations for rice are United Kingdom (UK), Macao, Japan, Panama and Malaysia.
Hong Kong purchased 316,946 tonnes of rice in 2019.