According to a survey on consumer behavior during coronavirus outbreak conducted by Rakuten Insight in April 2020, panic buying was not common in Hong Kong. Almost 91 percent of the respondents from Hong Kong who had stocked up on groceries said that they felt safe after stockpiling. The same survey found that about 12.2 percent of panic buying in the city happened on e-commerce platforms.
Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in Hong Kong as of April 2020
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Share of respondents
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Rakuten Insight. (May 8, 2020). Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in Hong Kong as of April 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1117950/hong-kong-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight. "Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in Hong Kong as of April 2020." Chart. May 8, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1117950/hong-kong-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight. (2020). Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in Hong Kong as of April 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1117950/hong-kong-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight. "Share of Respondents Who Felt Safe from Stockpiling Groceries during The Coronavirus (Covid-19) Pandemic in Hong Kong as of April 2020." Statista, Statista Inc., 8 May 2020, https://www.statista.com/statistics/1117950/hong-kong-sense-of-security-from-panic-buying-during-coronavirus-covid-19/
Rakuten Insight, Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in Hong Kong as of April 2020 Statista, https://www.statista.com/statistics/1117950/hong-kong-sense-of-security-from-panic-buying-during-coronavirus-covid-19/ (last visited July 22, 2024)
Share of respondents who felt safe from stockpiling groceries during the coronavirus (COVID-19) pandemic in Hong Kong as of April 2020 [Graph], Rakuten Insight, May 8, 2020. [Online]. Available: https://www.statista.com/statistics/1117950/hong-kong-sense-of-security-from-panic-buying-during-coronavirus-covid-19/