What is the price of wine per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong wine is between US$ 4.07 and US$ 21.44 per kilogram or between US$ 1.85 and US$ 9.73 per pound(lb). Click here to see today's exact prices of wine in Hong Kong
The retail price range in Hong Kong Dollar for wine is between HKD 31.80 and HKD 167.61 per kilogram or between HKD 14.42 and HKD 76.01 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong wine is between US$ 2.85 and US$ 15.01 per kilogram or between US$ 1.29 and US$ 6.81 per pound(lb).
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Hong Kong Wine Export Prices - Historical, Trends and Prediction
The export prices of wine from Hong Kong have 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 export price per kilogram rose to $2.75, and in 2021 it further increased to $2.90. The latest data shows that in 2022, the export price per kilogram was $3.05. Overall, the export prices of wine from Hong Kong have seen a steady increase of $0.15 per kilogram over the past five years. It is likely that this trend will continue in the coming years, and we can predict that the export price per kilogram for 2023 and 2024 will be $3.20 and $3.35 respectively.The exports of wine from Hong Kong are classified as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Sparkling wine of fresh grapes (HS code 220410)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
Hong Kong Wine Import Prices - Historical, Trends and Prediction
The import price of wine into Hong Kong has seen a steady increase over the past five years. In 2018, the import 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 per kilogram of wine into Hong Kong was $3.05 in 2022. Overall, the import price of wine into Hong Kong has increased by 24.49% 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 wine into Hong Kong will be $3.20 in 2023 and $3.35 in 2024.Export values for Hong Kong wine
The total values in export for wine in Hong Kong were US$ 673,427, US$ 572,434, US$ 444,874 and US$ 202,930 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 wine in other countries across Asia: Kazakhstan wine, Kyrgyzstan wine, Tajikistan wine, Turkmenistan wine, Uzbekistan wine, China wine, Hong Kong wine, Macao wine, North Korea wine & Mongolia wine.
Hong Kong wine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong sold 11,965 tonnes of wine. In 2019 alone, the market for Hong Kong wine (processed category) has gone down, with a change of -41.594 % compared to the year 2018. Between 2017 and 2019, wine's exports went down by -52.52 pc earning the country US$202.93m for the year 2019. Hong Kong's wine exports are categorised as:
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Sparkling wine of fresh grapes (HS code 220410)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
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Hong Kong wine export values
In 2019, Hong Kong supplied wine valued at 202.93m USD, a reduction of -54.38% from 2018's total wine export of 444.874m USD. The yearly change in value of Hong Kong wine between 2017 to 2018 was -22.284 percent.
The annual variation in the quantity of Hong Kong's wine exports between 2017 and 2019 was -52.52 pc compared to a variation of -41.594% in the period between 2018 and 2019.
Hong Kong's stake of the world's total wine's exports in 2019 was less than 1%. Hong Kong holds position 20 in world exports of wine.
Export markets for Hong Kong wine ( in '000$ )
Hong Kong's best performing export markets for wine are China, Macao, Switzerland, Singapore and Vietnam.
Import/Export Trends
Hong Kong is a net importer of wine. The annual growth of Hong Kong wine in value between 2015 to 2019 was 92%, per year, while annual growth in quantity was 132%, per annum.
Hong Kong imported 50,309 tonnes of wine in 2019.