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Attaché Report (GAIN)

Hong Kong: Thirst for Beer Holds Steady Amid Pandemic

Hong Kong is an open market offering good opportunities for U.S. beer exporters. Over the last two years, both beer imports and domestic sales have been stable despite the pandemic. In 2021, Hong Kong’s global beer imports held steady from the previous year at $115 million, making the city the fourteenth largest beer import market in the world. Domestic beer sales recovered 9 percent from 2020 at $732 million.
Attaché Report (GAIN)

Hong Kong: US Hops Continue to Pop in Hong Kong

Over the last five years, Hong Kong’s global imports of hops expanded 42 percent, growing 10 percent to $7.2 million in 2021. The United States continues as the leading supplier enjoying 96 percent market share. Hong Kong re-exported 72 percent of its hop imports to other markets in the region, retaining 28 percent for local breweries.
Attaché Report (GAIN)

Hong Kong: Retail Foods

Despite a small population of 7.4 million people, Hong Kong is the seventh-largest export market for U.S. consumer-ready agricultural products. Hong Kong has always been an attractive market for innovative U.S. food and beverage products as well as a gateway to the region.
Attaché Report (GAIN)

Hong Kong: Hong Kong Bakery Goods Market

Hong Kong is the ninth largest importer of baked goods in the world, with imports valued at $870 million. Major import categories included pastries, bread, and cakes. For the first ten months of 2021, Hong Kong imports of baked goods were $721 million, a modest increase of 1.61 percent over the same period in 2020.
Hong Kong traders complain about ongoing issues with global shipping logistics and resulting disruptions on supply chains.
Hong Kong authorities reported a detection of COVID-19 virus on imported frozen cuttlefish from Malaysia. Detections were identified on the slice surface and its inner packaging during precautionary testing at the point of entry.
The Hong Kong government recently published a report on its second Food Consumption Survey which highlights local dietary preferences.
Attaché Report (GAIN)

Hong Kong: Retail Foods

Hong Kong is the sixth-largest export market for U.S. consumer-oriented agricultural products by value.
Attaché Report (GAIN)

Macau: Retail Foods

In 2020, Macau’s retail food sector sales rose 4.1 percent to $644 million.
The significant rise of dog- and cat-owning households in East Asia presents an opportunity to increase the U.S. exports of pet food.
Attaché Report (GAIN)

Hong Kong: Hong Kong Pet Food Market

Hong Kong is the world’s eleventh-largest market for imported pet food, and also the hub for pet food trade in the region.
Attaché Report (GAIN)

Hong Kong: Macau Food Retail Industry

In 2019, Macau’s retail food sector sales rose 7.3 percent to US$613 million, a positive growth trend forecast to continue, especially in segments where U.S. products have strong prospects...