Earlier Report Observations
The wheat gluten market in Hong Kong showed considerable volatility between 2018 and 2023. After starting at 454.7 tonnes in 2018, the total market volume contracted for three consecutive years, reaching a low of 324.6 tonnes in 2021. This trend reversed sharply in 2022, with the market expanding to 458.7 tonnes, before moderating to 404.9 tonnes in 2023.
These market movements were closely tied to import dynamics, as domestic production gradually declined from 212.3 tonnes to 180.0 tonnes over the same period. Import volumes followed a similar pattern of decline until 2021, then surged to 278.4 tonnes in 2022, which was the primary driver for that year's market peak, before decreasing again in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Hong Kong
- 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Hong Kong in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Hong Kong
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production wheat gluten in Hong Kong
In kind, 2017-2020, t
Top producers of wheat gluten, 2017-2020
World map of production of wheat gluten, 2017-2020
Wheat gluten production in Hong Kong has declined for two consecutive years. In 2020, production reached 194.1 t, marking a 5.5% decrease from 2019. Looking at the broader period from 2017 to 2020, production actually increased by 18%, which translates to an average annual growth rate of 5.7%. The peak production occurred in 2018, with 212.3 t, and that year also saw the largest annual increase at 29.0%.
Annual dynamics of production in Hong Kong in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 29.0% | (3.3%) | (5.5%) | 5.7% |
Exports wheat gluten from Hong Kong
Exports in kind, t
Annual dynamics of product's exports from Hong Kong in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, China was the exclusive buyer of wheat gluten from Hong Kong, accounting for 100.0% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Hong Kong in kind, 2017-2020
Exports in value, K $ US
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 | n/a | n/a | n/a | - |
During the 2017–2020 period, exports of wheat gluten from Hong Kong in value terms were almost entirely directed to China, which held a 100.0% share.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Hong Kong in value, 2017-2020
Imports wheat gluten to Hong Kong
Imports in kind, t
Wheat gluten imports into Hong Kong have fallen for the second year in a row. In 2020, imports totaled approximately 176.9 t, a modest 7.6% drop from the previous year. Over the 2017-2020 period, imports decreased by 12.9%, with a compound annual growth rate of -4.5%. The highest import volume was recorded in 2018 at 242.4 t. The most significant decline occurred in 2019, with a 21.0% decrease, while the largest increase was in 2018, at 19.3%.
Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 19.3% | (21.0%) | (7.6%) | (4.5%) |
From 2017 to 2020, the Netherlands, China, and Australia were the primary sources of wheat gluten imports into Hong Kong, together making up 85.2% of total imports in kind. Specifically, the Netherlands accounted for 45.3%, China for 26.6%, and Australia for 13.3%.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Hong Kong in kind, 2017-2020
Imports in value, K $ US
Foreign wheat gluten supplies to Hong Kong have declined for three consecutive years. In 2020, the import value stood at 411.4 thousand US dollars, representing a 19.4% decrease from 2019. Over the 2017-2020 period, imports fell by 36.8%, with a compound annual growth rate of -14.2%.
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 | (5.5%) | (17.0%) | (19.4%) | (14.2%) |
Between 2017 and 2020, the top suppliers of wheat gluten to Hong Kong in value terms were the Netherlands, China, and Asia, not elsewhere specified. Their combined share reached 84.8% of total imports, with the Netherlands at 36.3%, China at 28.7%, and Asia, not elsewhere specified at 19.8%.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Hong Kong in value, 2017-2020
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