Hong Kong Squid Market (2025-2031) | Growth, Value, Trends, Revenue, Size, Segmentation, Share, Analysis, Industry, Outlook, Forecast & Companies

Market Forecast By Products (Fresh, Frozen, Prepared) And Competitive Landscape
Product Code: ETC4999780 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

Hong Kong Squid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Despite a decline in growth rate from 2023 to 2024, Hong Kong continues to import significant quantities of squid, with top suppliers being Taiwan, China, Thailand, Vietnam, and Japan. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a strong market dominance by these key players. The negative compound annual growth rate (CAGR) from 2020 to 2024 suggests challenges in the market, which is reflected in the further decrease in growth rate from 2023 to 2024. This data underscores the importance of closely monitoring market dynamics and adapting strategies to navigate the evolving landscape.

Hong Kong Squid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Hong Kong Squid Market Outlook
  • Market Size of Hong Kong Squid Market, 2024
  • Forecast of Hong Kong Squid Market, 2031
  • Historical Data and Forecast of Hong Kong Squid Revenues & Volume for the Period 2021-2031
  • Hong Kong Squid Market Trend Evolution
  • Hong Kong Squid Market Drivers and Challenges
  • Hong Kong Squid Price Trends
  • Hong Kong Squid Porter`s Five Forces
  • Hong Kong Squid Industry Life Cycle
  • Historical Data and Forecast of Hong Kong Squid Market Revenues & Volume By Products for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Squid Market Revenues & Volume By Fresh for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Squid Market Revenues & Volume By Frozen for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Squid Market Revenues & Volume By Prepared for the Period 2021-2031
  • Hong Kong Squid Import Export Trade Statistics
  • Market Opportunity Assessment By Products
  • Hong Kong Squid Top Companies Market Share
  • Hong Kong Squid Competitive Benchmarking By Technical and Operational Parameters
  • Hong Kong Squid Company Profiles
  • Hong Kong Squid Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Hong Kong Squid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Hong Kong Squid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Squid Market Overview

3.1 Hong Kong Country Macro Economic Indicators

3.2 Hong Kong Squid Market Revenues & Volume, 2021 & 2031F

3.3 Hong Kong Squid Market - Industry Life Cycle

3.4 Hong Kong Squid Market - Porter's Five Forces

3.5 Hong Kong Squid Market Revenues & Volume Share, By Products, 2021 & 2031F

4 Hong Kong Squid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer demand for seafood and exotic cuisines in Hong Kong

4.2.2 Growing popularity of squid dishes in local restaurants and street food stalls

4.2.3 Rise in health-conscious consumers preferring seafood as a source of lean protein

4.3 Market Restraints

4.3.1 Fluctuations in squid supply due to changing environmental conditions and overfishing

4.3.2 Competition from alternative seafood options in the Hong Kong market

4.3.3 Government regulations and policies impacting squid imports and exports

5 Hong Kong Squid Market Trends

6 Hong Kong Squid Market Segmentations

6.1 Hong Kong Squid Market, By Products

6.1.1 Overview and Analysis

6.1.2 Hong Kong Squid Market Revenues & Volume, By Fresh, 2021-2031F

6.1.3 Hong Kong Squid Market Revenues & Volume, By Frozen, 2021-2031F

6.1.4 Hong Kong Squid Market Revenues & Volume, By Prepared, 2021-2031F

7 Hong Kong Squid Market Import-Export Trade Statistics

7.1 Hong Kong Squid Market Export to Major Countries

7.2 Hong Kong Squid Market Imports from Major Countries

8 Hong Kong Squid Market Key Performance Indicators

8.1 Average selling price of squid in Hong Kong market

8.2 Number of new squid-based dishes introduced in local restaurants

8.3 Consumer sentiment towards squid as a preferred seafood option

9 Hong Kong Squid Market - Opportunity Assessment

9.1 Hong Kong Squid Market Opportunity Assessment, By Products, 2021 & 2031F

10 Hong Kong Squid Market - Competitive Landscape

10.1 Hong Kong Squid Market Revenue Share, By Companies, 2024

10.2 Hong Kong Squid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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