What is the price of groat per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong groat is between US$ 0.43 and US$ 0.43 per kilogram or between US$ 0.19 and US$ 0.19 per pound(lb). Click here to see today's exact prices of groat in Hong Kong
The retail price range in Hong Kong Dollar for groat is between HKD 3.35 and HKD 3.35 per kilogram or between HKD 1.52 and HKD 1.52 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong groat is between US$ 0.30 and US$ 0.30 per kilogram or between US$ 0.14 and US$ 0.14 per pound(lb).
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Hong Kong Groat Export Prices - Historical, Trends and Prediction
The export price of Groat from Hong Kong has 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 price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Groat from Hong Kong in 2022 was $3.05. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price per kilogram of Groat from Hong Kong in 2023 and 2024 will be $3.20 and $3.35 respectively.Hong Kong Groat Import Prices - Historical, Trends and Prediction
The import price of Groat into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $1.20, which increased to $1.50 in 2019. In 2020, the price rose to $1.80, and in 2021 it further increased to $2.10. The most recent data shows that the import price per kilogram of Groat into Hong Kong in 2022 was $2.40. Overall, the import price of Groat into Hong Kong has seen a steady increase over the past five years, with the price increasing by an average of $0.30 per year. This trend is likely to continue in the coming years, with the import price per kilogram of Groat into Hong Kong predicted to reach $2.70 in 2023 and $3.00 in 2024.Export values for Hong Kong groat
The total values in export for groat in Hong Kong were US$ 1,763, US$ 1,579, US$ 1,295 and US$ 1,231 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 groat in other countries across Asia: Kazakhstan groat, Kyrgyzstan groat, Tajikistan groat, Turkmenistan groat, Uzbekistan groat, China groat, Hong Kong groat, Macao groat, North Korea groat & Mongolia groat.
Hong Kong groat - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 2,713 tonnes of groat. Across 2019 alone, the demand for Hong Kong groat (processed category) has shrunk, with a change of -4.707 pc compared to the year 2018. Between 2017 and 2019, groat's exports reduced by -22.17 pc netting the nation US$1.23m for the year 2019. Hong Kong's groat exports are classified as:
- Groats and meal of cereals (excluding wheat and maize) (HS code 110319)
- Groats and meal of wheat (HS code 110311)
- Rice groats and meal (HS code 110314)
- Groats and meal of oats (HS code 110312)
- Groats and meal of maize "corn" (HS code 110313)
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Hong Kong groat export values
In 2019, Hong Kong shipped groat valued at 1.23m USD, a contraction of -5.02% from 2018's total groat export of 1.295m USD. The yearly change in value of Hong Kong groat between 2017 to 2018 was -17.986%.
The annual change in the volume of Hong Kong's groat exports between 2017 and 2019 was -22.17 pc when compared to a variation of -4.707% in the growth rate between 2018 and 2019.
Hong Kong's share of the world's total groat's exports in 2019 was less than 1%. Hong Kong holds number 40 in world exports of groat.
Export markets for Hong Kong groat ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of groat. The annual growth of Hong Kong groat in value between 2015 to 2019 was 11%, per year, while annual growth in quantity through the same period was -9%, per annum.
Hong Kong brought in 5,826 tonnes of groat in 2019.