Peanut Butter Market in Hong Kong SAR
In value terms, peanut butter production fell rapidly to $ in estimated in export price. In general, production saw a dramatic descent. As a result, production attained the peak level of $, and then dropped dramatically in the following year.
The size of the peanut butter market in Hong Kong SAR fell to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a strong increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2017 indices. Peanut butter consumption peaked at $ in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.