What is the price of table salt per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong table salt is between US$ 0.80 and US$ 3.41 per kilogram or between US$ 0.36 and US$ 1.55 per pound(lb). Click here to see today's exact prices of table salt in Hong Kong
The retail price range in Hong Kong Dollar for table salt is between HKD 6.26 and HKD 26.65 per kilogram or between HKD 2.84 and HKD 12.09 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong table salt is between US$ 0.56 and US$ 2.39 per kilogram or between US$ 0.25 and US$ 1.08 per pound(lb).
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Hong Kong Table Salt Export Prices - Historical, Trends and Prediction
The export price of table salt from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The most recent data shows that the export price per kilogram of table salt from Hong Kong was $0.65 in 2022. This represents a steady increase of $0.20 over the past five years. Based on this trend, it is likely that the export price per kilogram of table salt from Hong Kong will be around $0.70 in 2023 and $0.75 in 2024.Hong Kong Table Salt Import Prices - Historical, Trends and Prediction
The import price of table salt into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The most recent data shows that the import price per kilogram of table salt into Hong Kong was $0.65 in 2022. This represents a steady increase of $0.20 over the past five years. Looking ahead, it is likely that the import price of table salt into Hong Kong will continue to increase in the coming years. Based on the data, it is predicted that the import price per kilogram of table salt into Hong Kong will be $0.70 in 2023 and $0.75 in 2024.Export values for Hong Kong table salt
The total values in export for table salt in Hong Kong were US$ 1,161, US$ 1,815, US$ 2,405 and US$ 1,723 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of table salt in other countries across Asia: Kazakhstan table salt, Kyrgyzstan table salt, Tajikistan table salt, Turkmenistan table salt, Uzbekistan table salt, China table salt, Hong Kong table salt, Macao table salt, North Korea table salt & Mongolia table salt.
Hong Kong table salt - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 4,480 tonnes of table salt. Through 2019 alone, the demand for Hong Kong table salt (processed category) has decreased, changing by -2.226 pc compared to the year 2018. Between 2017 and 2019, table salt's exports grew by 21.21 pc earning the exporter US$1.72m for the year 2019. Hong Kong's table salt exports are classified as:
- Salts, incl. table salt and denatured salt, and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents; sea water (HS code 250100)
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Hong Kong table salt export values
In 2019, Hong Kong sold table salt costing 1.72m USD, a contraction of -28.48% from 2018's total table salt export of 2.405m USD. The yearly change in value of Hong Kong table salt between 2017 to 2018 was 32.507 percent.
The yearly change in the volume of Hong Kong's table salt exports between 2017 and 2019 was 21.21% compared to a variation of -2.226% in the period between 2018 and 2019.
Hong Kong's portion of the world's total table salt's exports in 2019 was 5.8 pc. The country holds number 5 in world exports of table salt.
Export markets for Hong Kong table salt ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of table salt. The annual growth of Hong Kong table salt in value between 2015 to 2019 was -28%, per annum, while annual growth in quantity during the same period was -29%, per annum.
Hong Kong purchased 50,786 tonnes of table salt in 2019.