What is the price of soya beans per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong soya beans is between US$ 0.94 and US$ 1.17 per kilogram or between US$ 0.43 and US$ 0.53 per pound(lb). Click here to see today's exact prices of soya beans in Hong Kong
The retail price range in Hong Kong Dollar for soya beans is between HKD 7.36 and HKD 9.15 per kilogram or between HKD 3.34 and HKD 4.15 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong soya beans is between US$ 0.66 and US$ 0.82 per kilogram or between US$ 0.30 and US$ 0.37 per pound(lb).
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Hong Kong Soya Beans Export Prices - Historical, Trends and Prediction
The export price of Soya Beans from Hong Kong has seen a steady increase over the past five years. In 2018, the 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 of Soya Beans from Hong Kong in 2022 was $2.05. Overall, the export price of Soya Beans from 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 export price of Soya Beans from Hong Kong in 2023 will be around $2.20, and in 2024 it will be around $2.35.The Hong Kong soya beans exports are categorised as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
Hong Kong Soya Beans Import Prices - Historical, Trends and Prediction
The import price of Soya Beans into Hong Kong has seen a steady increase over the past five years. In 2018, the 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 of Soya Beans into Hong Kong in 2022 was $2.05 per kilogram. Overall, the import price of Soya Beans into Hong Kong has seen a steady increase of 10.3% over the past five years. It is difficult to predict the prices for 2023 and 2024, however, it is likely that the trend of increasing prices will continue.Export values for Hong Kong soya beans
The total values in export for soya beans in Hong Kong were US$ 7,280, US$ 4,338, US$ 3,247 and US$ 592 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, Millet & Canary seed.
See prices of soya beans in other countries across Asia: Kazakhstan soya beans, Kyrgyzstan soya beans, Tajikistan soya beans, Turkmenistan soya beans, Uzbekistan soya beans, China soya beans, Hong Kong soya beans, Macao soya beans, North Korea soya beans & Mongolia soya beans.
Hong Kong soya beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong sold 853 tonnes of soya beans. Through 2019 alone, the demand for Hong Kong soya beans (cereals/grains category) has shrunk, changing by -83.684 % compared to the year 2018. Between 2017 and 2019, soya beans' exports reduced by -88.63% netting Hong Kong US$0.59m for the year 2019. Hong Kong's soya beans exports are classified as:
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
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Hong Kong soya beans export values
In 2019, Hong Kong sold soya beans costing 0.59m USD, a contraction of -81.83% from 2018's total soya beans export of 3.247m USD. The yearly reduction in value of Hong Kong soya beans between 2017 to 2018 was -25.15%.
The annual change in the amount of Hong Kong's soya beans exports between 2017 and 2019 was -88.63 per cent when compared to a variation of -83.684% in the growth rate between 2018 and 2019.
Hong Kong's stake of the world's total soya beans' exports in 2019 was less than 1%. The country holds position 49 in world exports of soya beans.
Export markets for Hong Kong soya beans ( in '000$ )
Hong Kong's leading export markets for soya beans are Canada, Norway, Australia, US and Japan.
Hong Kong ordered 24,019 tonnes of soya beans in 2019.