Major Food and Beverage Trade Shows in Hong Kong 2015
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1 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Vluntary - Public Date: 12/22/2014 GAIN Reprt Number: HK1441 Hng Kng Pst: Hng Kng Majr Fd and Beverage Trade Shws in Hng Kng 2015 Reprt Categries: Prmtin Opprtunities Apprved By: M. Melinda Meadr Prepared By: Chris Li Reprt Highlights: Hng Kng, a majr exprt destinatin and platfrm fr high value U.S. fd and beverage prducts t the Nrth and Sutheast Asian regins, cntinues t shw strng grwth ptential. Participatin in Hng Kng trade shws in 2015 will be an avenue fr U.S. suppliers and exprters t prmte their fd and beverage prducts t Hng Kng and reginal buyers. Page 1 f 5
2 SECTION I. MARKET OVERVIEW (A) Hng Kng the 5 th Largest Exprt Market fr U.S. Cnsumer Oriented Agricultural Prducts Hng Kng is an excellent market fr U.S. exprters and suppliers f high-value fd and beverages due t the fllwing characteristics: 95% f its fd requirements are imprted N imprt tariffs r qutas (exceptin, alchl ver 30% by vlume) Experienced imprters, wide usage f English Sund legal system Effective lgistical infrastructure Healthy financial system Affluent cnsumers with sphisticated palates seeking safe, innvative prducts High fd safety standards Fr U.S. cnsumer riented agricultural prducts, Hng Kng trade statistics reflect a 17.1% increase ver last year fr the first nine mnths f If the trend cntinues, Hng Kng wuld cnslidate its psitin as the 5th largest exprt market fr U.S. cnsumer riented agricultural prducts in Majr exprt cmmdities included tree nuts, beef, fresh fruit, pultry meat, prk, prepared fds and seafd. The fllwing table shws sme ther pertinent business indicatrs fr Hng Kng: Table 1: Hng Kng - Key Business Indicatrs Indicatrs Figure in 2013 Ppulatin Turist arrivals 7.2 millin 54.3 millin (75% frm Mainland China) GDP per capita US$37,859 (+3.7% ver 2012) F&B retail sales US$10.75 billin (+5.4% ver 2012) Restaurant receipts US$12.4 billin (+3.5% ver 2012) Grss F&B imprts US$20.6 billin (+13% ver 2012) Retained F&B imprts* US$15 billin (+15% ver 2012) F&B re-exprts US$5.6 billin (+8% ver 2012) (* Retained imprts = Grss imprts less Re-exprts) (B) Hng Kng an imprtant gateway fr ther markets in Asia While Hng Kng imprts f cnsumer riented agricultural prducts frm the wrld rse 15.6% during the first 9 mnths f 2014 t reach US$13.8 billin, almst 30 percent f thse imprts (US$3.9 billin) were re-exprted t ther reginal markets. Page 2 f 5
3 Hng Kng s ppularity as a turist destinatin als increases pprtunities t expse Hng Kng and reginal cnsumers, including 40.7 millin Mainland China visitrs, t high-value U.S. prducts. SECTION II. MAJOR FOOD & BEVERAGE TRADE SHOWS (A) Overview T help build cmmercial exprt markets fr U.S. agricultural prducts and cmmdities, Hng Kng ATO will participate in the trade shws belw and supprt U.S. exhibitrs in intrducing their prducts t ptential buyers. Table 2: Summary f Majr Hng Kng Fd and Beverage Trade Shws in 2015 Date Name f Shw May 6-9, 2015 HOFEX* Aug 13-17, 2015 HKTDC Fd Exp Aug 26-28, 2015 Natural & Organic Prducts Asia Sep 2-4, 2015 Asia Fruit Lgistica* Sep 8-10, 2015 Seafd Exp Asia Nv 5-7, 2015 Hng Kng Int l Wine & Spirits Fair en/hktdc-hng-kng-internatinal-wine-and- Spirits-Fair.html (* USDA-endrsed trade shws, mre infrmatin n USDA-endrsed trade shws can be fund at: (B) Details Date May 6-9, 2015 Name f Shw HOFEX* Descriptin One f the largest cmprehensive fd trade shws in Hng Kng and Asia Remarks Biennial Event, last HOFEX was held in Phts (2013) pdf (* USDA-endrsed trade shw, mre infrmatin n USDA-endrsed trade shws can be fund at: Page 3 f 5
4 Date Aug 13-17, 2015 Name f Shw HKTDC Fd Exp Descriptin General fd & beverage trade shw, last day pen t the public Phts (2014) Date Aug 26-28, 2015 Name f Shw Natural & Organics Prducts Asia Descriptin Specialized trade shw fr natural and rganic prducts Phts (2014) Date Sep 2-4, 2015 Name f Shw Asia Fruit Lgistica* Descriptin Specialized trade shw fr fruits and vegetables Phts (2014) (* USDA-endrsed trade shw, mre infrmatin n USDA-endrsed trade shws can be fund at: ) Date Sep 8-10, 2015 Name f Shw Seafd Exp Asia Descriptin Specialized trade shw fr fish and seafd prducts Phts (2014) Date Nv 5-7, 2015 Name f Shw Hng Kng Internatinal Wine and Spirits Fair Descriptin Specialized trade shw fr wine and spirits Phts (2014) SECTION III. CONTACT AND FURTHER INFORMATION Agricultural Trade Office American Cnsulate General 18th Flr, St. Jhn s Building 33 Garden Rad, Central Hng Kng Page 4 f 5
5 Tel: (852) Fax: (852) Web site: Page 5 f 5
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