Market research

Beans market in Hong Kong

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for fresh or chilled beans in Hong Kong displayed significant fluctuations between 2018 and 2023. Market volume started at 361.1 t in 2018, rose sharply to a peak of 650.7 t in 2020, then declined over the next two years before a slight recovery to 446.1 t in 2023.

Domestic production remained relatively stable throughout the period, ranging from 305.8 t to 309.3 t annually. The volatility in total market size was primarily driven by changes in import volumes, which surged from 59.8 t in 2018 to 343.0 t in 2020, then fell back to 141.6 t by 2023. Exports were minimal and had little impact on overall market dynamics.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hong Kong
  1. 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Hong Kong in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production beans in Hong Kong

In kind, 2017-2020, t

Top producers of beans, 2017-2020

Source: SHEV.io

World map of production of beans, 2017-2020

Source: SHEV.io

Hong Kong's bean production has increased for the third consecutive year. In 2020, the region produced 309.3 t of beans, marking a slight increase of 0.7% compared to 2019. Over the period from 2017 to 2020, production grew by 2.7%, with a compound annual growth rate of 0.9%.

Annual dynamics of production in Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.8%	1.2%	0.7%	0.9%

Source: SHEV.io

Exports beans from Hong Kong

Exports in kind, t

The market showed an unstable trend during this period. The lowest export volume was recorded in 2019 at 0.9 t, while the highest was in 2018 at 2.2 t, resulting in a peak-to-trough ratio of 2.4 times. In 2020, Hong Kong exported 1.6 t of beans, which represents a significant increase of 75.8% compared to 2019. The largest decline occurred in 2019, dropping by 59.1%, while the largest increase was in 2018, rising by 143.4%.

Annual dynamics of product's exports from Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	143.4%	(59.1%)	75.8%	20.5%

Source: SHEV.io

From 2017 to 2020, Macao was the nearly exclusive buyer of beans from Hong Kong, accounting for 100.0% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Volatility characterized the market behavior during these years. The lowest export value was in 2017, while the highest was in 2018 at 13.6 K $ US, with volumes varying 3.8 times between these extremes. In 2020, Hong Kong's bean exports amounted to 9.6 K $ US, which is 89.7% higher year-over-year. The largest decline was recorded in 2019, falling by 63.0%, and the largest increase occurred in 2018, surging by 280.1%.

Annual dynamics of product's exports from Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	280.1%	(63.0%)	89.7%	38.7%

Source: SHEV.io

Throughout 2017–2020, exports in value terms remained heavily focused on Macao, which accounted for 100.0% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in value, 2017-2020

Source: SHEV.io

Imports beans to Hong Kong

Imports in kind, t

There were noticeable fluctuations in market performance during the period. The lowest import volume was in 2018 at 59.8 t, while the highest was in 2020 at 343.0 t, with imports varying by 5.7-fold. In 2020, bean deliveries to Hong Kong amounted to 343.0 t, indicating a substantial increase of 204.2% year-over-year. The largest decline was recorded in 2018, dropping by 32.7%.

Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(32.7%)	88.5%	204.2%	56.8%

Source: SHEV.io

In 2017–2020, China and Kenya were the dominant suppliers of beans to Hong Kong, together taking 89.1% of total imports in kind, with other partners forming a less significant background.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Volatility characterized the market behavior during these years. The lowest import value was in 2018 at 201.6 K $ US, while the highest was in 2020 at 795.8 K $ US, with volumes varying 3.9 times. In 2020, Hong Kong's bean imports reached 795.8 K $ US, up by 57.1% over the past year. The largest decline was recorded in 2018, falling by 45.4%, and the largest increase occurred in 2019, rising by 151.3%.

Annual dynamics of product's imports to Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(45.4%)	151.3%	57.1%	29.2%

Source: SHEV.io

Over 2017–2020, Kenya and China together captured 81.5% of total imports in value terms, and the rest of the flows was spread thinly across other markets.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in value, 2017-2020

Source: SHEV.io