Cost of food in Hong Kong increased 0.40 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Hong Kong Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, after two years of growth, there was decline in the Hong Kong baby food market, when its value decreased by -3.8% to $124M. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $129M in 2023, and then shrank in the following year.

Key information about Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change

• Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change was reported at 0.912 % in Jan 2025.
• This records a decrease from the previous number of 1.002 % for Dec 2024.
• Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 2.760 % from Oct 2000 to Jan 2025, with 292 observations.
• The data reached an all-time high of 11.665 % in Jul 2008 and a record low of -3.333 % in Jul 2002.
• Hong Kong SAR (China) CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly: Seasonally Adjusted.

CEIC calculates Consumer Food Price Index Growth from monthly Consumer Food Price Index. Census and Statistics Department provides Consumer Food Price Index with base October 2019-September 2020=100. Consumer Food Price Index Growth prior to October 2019 is calculated from Consumer Food Price Index with base October 2014-September 2015=100, prior to October 2014 from Consumer Food Price Index with base October 2009-September 2010=100, and prior to October 2005 from Consumer Food Price Index with base October 2004-September 2005=100.

In 2023, the amount of canned food imported into Hong Kong SAR reduced to 237K tons, waning by -8.8% on the year before.

The price per unit in the 'Cheese' segment of the food market in Hong Kong was forecast to continuously increase between 2025 and 2030 by in total 3.9 U.S. dollars (+16.53 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 27.52 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Cheese' segment of the food market was continuously increasing over the past years.Find more key insights for the price per unit in countries and regions like the average revenue per capita in the 'Yogurt' segment of the food market in Lithuania and the revenue in the 'Baby Food' segment of the food market in Europe. The Statista Market Insights cover a broad range of additional markets.

In 2024, the Hong Kong canned food market decreased by -31.7% to $569M, falling for the second year in a row after three years of growth. Overall, consumption continues to indicate a pronounced decrease. Canned food consumption peaked at $1.2B in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

In 2023, purchases abroad of food preparations for infants decreased by -15.6% to 2.6K tons, falling for the second consecutive year after two years of growth.

The price per unit in the 'Milk' segment of the food market in Hong Kong was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the tenth consecutive increasing year, the price per unit is estimated to reach **** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk' segment of the food market was continuously increasing over the past years.Find further information concerning the revenue in the 'Fruits & Nuts' segment of the food market in India and the average revenue per capita in the 'Chocolate Confectionery' segment of the food market in Mexico. The Statista Market Insights cover a broad range of additional markets.

Hong Kong SAR (China) CPI (C): Weights: Basic Food: Rice data was reported at 0.100 % in Mar 2025. This stayed constant from the previous number of 0.100 % for Feb 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Rice data is updated monthly, averaging 0.130 % from Jul 1974 (Median) to Mar 2025, with 609 observations. The data reached an all-time high of 0.130 % in Mar 2024 and a record low of 0.100 % in Mar 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Rice data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I070: Consumer Price Index (C): 10/19-9/20=100: Weights.

The average volume per capita in the 'Fruits & Nuts' segment of the food market in Hong Kong was forecast to continuously increase between 2025 and 2030 by in total *** kilograms (+**** percent). After the ***** consecutive increasing year, the average volume per capita is estimated to reach ****** kilograms and therefore a new peak in 2030. Notably, the average volume per capita of the 'Fruits & Nuts' segment of the food market was continuously increasing over the past years.Find more key insights for the average volume per capita in countries and regions like the average revenue per capita in the 'Convenience Food' segment of the food market in Hong Kong and the price per unit in the 'Pet Food' segment of the food market in Mexico. The Statista Market Insights cover a broad range of additional markets.

The average import price for chocolate and other food preparations containing cocoa stood at $9,185 per ton in March 2024, standing approximately at the previous month.

The average prepared dishes and meal import price stood at $11,644 per ton in February 2025, approximately reflecting the previous month.

The Hong Kong market for chocolate and other food preparations containing cocoa skyrocketed to $9M in 2024, surging by 191% 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, consumption recorded a measured expansion.

The Hong Kong market for non-domestic percolators and equipment for cooking or heating food skyrocketed to $45M in 2024, rising by 20% 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). In general, consumption continues to indicate noticeable growth.

The Hong Kong food sorting machine market expanded remarkably to $5.9M in 2024, increasing by 6.6% against the previous year. Overall, consumption, however, recorded a slight decrease. Food sorting machine consumption peaked at $7.1M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

Hong Kong SAR (China) CPI (C): Weights: Basic Food: Others data was reported at 0.380 % in Mar 2025. This stayed constant from the previous number of 0.380 % for Feb 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Others data is updated monthly, averaging 0.450 % from Jul 1974 (Median) to Mar 2025, with 609 observations. The data reached an all-time high of 0.450 % in Mar 2024 and a record low of 0.380 % in Mar 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Others data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I070: Consumer Price Index (C): 10/19-9/20=100: Weights.

The average dog and cat food import price stood at $4,581 per ton in February 2025, jumping by 19% against the previous month.

For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of machines for cleaning, sorting or grading eggs and fruit, which decreased by -50% to 2 units in 2023.

Hong Kong SAR (China) CPI (C): Weights: Basic Food: Confectionery data was reported at 0.060 % in Mar 2025. This stayed constant from the previous number of 0.060 % for Feb 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Confectionery data is updated monthly, averaging 0.070 % from Jul 1974 (Median) to Mar 2025, with 609 observations. The data reached an all-time high of 0.070 % in Mar 2024 and a record low of 0.060 % in Mar 2025. Hong Kong SAR (China) CPI (C): Weights: Basic Food: Confectionery data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.I070: Consumer Price Index (C): 10/19-9/20=100: Weights.

The price per unit in the 'Fresh Fruits' segment of the food market in Turkmenistan was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the ***** consecutive increasing year, the price per unit is estimated to reach **** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Fresh Fruits' segment of the food market was continuously increasing over the past years.Find more key insights for the price per unit in countries and regions like the revenue in the 'Pet Food' segment of the food market in the United Kingdom and the average volume per capita in the food market in Hong Kong. The Statista Market Insights cover a broad range of additional markets.