| Product Code: ETC4707047 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a slight decline in growth rate from 2023 to 2024, Hong Kong`s shrimp import market continued to be dominated by key suppliers such as China, Vietnam, India, Thailand, and Indonesia. The high Herfindahl-Hirschman Index (HHI) indicates sustained market concentration. With a modest compound annual growth rate (CAGR) of 0.39% between 2020 and 2024, the market appears stable. However, the negative growth rate of -7.11% in 2024 suggests potential challenges or shifts in the market dynamics that importers and stakeholders may need to monitor closely for future strategies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Shrimp Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Shrimp Market - Industry Life Cycle |
3.4 Hong Kong Shrimp Market - Porter's Five Forces |
3.5 Hong Kong Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Hong Kong Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Hong Kong Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Hong Kong Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Hong Kong Shrimp Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for seafood products in Hong Kong |
4.2.2 Growing awareness about the health benefits of consuming shrimp |
4.2.3 Rising popularity of shrimp-based dishes in the local cuisine |
4.3 Market Restraints |
4.3.1 Fluctuating shrimp prices due to supply chain disruptions |
4.3.2 Competition from other seafood products in the market |
4.3.3 Environmental concerns related to shrimp farming practices |
5 Hong Kong Shrimp Market Trends |
6 Hong Kong Shrimp Market Segmentations |
6.1 Hong Kong Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Shrimp Market Revenues & Volume, By Gulf Shrimps, 2021-2031F |
6.1.3 Hong Kong Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2021-2031F |
6.1.4 Hong Kong Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2021-2031F |
6.1.5 Hong Kong Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2021-2031F |
6.1.6 Hong Kong Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2021-2031F |
6.1.7 Hong Kong Shrimp Market Revenues & Volume, By Blue Shrimps, 2021-2031F |
6.2 Hong Kong Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Shrimp Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Hong Kong Shrimp Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Hong Kong Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Shrimp Market Revenues & Volume, By Canned, 2021-2031F |
6.3.3 Hong Kong Shrimp Market Revenues & Volume, By ? Breaded, 2021-2031F |
6.3.4 Hong Kong Shrimp Market Revenues & Volume, By Peeled, 2021-2031F |
6.3.5 Hong Kong Shrimp Market Revenues & Volume, By Cooked & Peeled, 2021-2031F |
6.3.6 Hong Kong Shrimp Market Revenues & Volume, By Shell-On, 2021-2031F |
6.3.7 Hong Kong Shrimp Market Revenues & Volume, By Frozen, 2021-2031F |
6.4 Hong Kong Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Shrimp Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Hong Kong Shrimp Market Revenues & Volume, By Indirect, 2021-2031F |
6.5 Hong Kong Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Hong Kong Shrimp Market Revenues & Volume, By Food, 2021-2031F |
6.5.3 Hong Kong Shrimp Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.5.4 Hong Kong Shrimp Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.5.5 Hong Kong Shrimp Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Hong Kong Shrimp Market Revenues & Volume, By Biotechnology, 2021-2031F |
7 Hong Kong Shrimp Market Import-Export Trade Statistics |
7.1 Hong Kong Shrimp Market Export to Major Countries |
7.2 Hong Kong Shrimp Market Imports from Major Countries |
8 Hong Kong Shrimp Market Key Performance Indicators |
8.1 Average selling price of shrimp in Hong Kong |
8.2 Number of new shrimp farming technologies adopted in the market |
8.3 Percentage of imported vs locally sourced shrimp in the market |
9 Hong Kong Shrimp Market - Opportunity Assessment |
9.1 Hong Kong Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Hong Kong Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Hong Kong Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Hong Kong Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Hong Kong Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Shrimp Market - Competitive Landscape |
10.1 Hong Kong Shrimp Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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