Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Hong Kong SAR - 2022

Contents:

1. Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Hong Kong SAR (CIF) - 2022
2. Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Hong Kong SAR

Price for Poultry; Live, Weighing Not More than 185g, Turkeys in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for poultry; live, weighing not more than 185g, turkeys meat amounted to $1.3 per unit, which is down by -1.7% against the previous year. In general, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of 61% against the previous year. As a result, import price attained the peak level of $7.4 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -12.2% per year.

Imports of Poultry; Live, Weighing Not More than 185g, Turkeys in Hong Kong SAR

After three years of growth, purchases abroad of poultry; live, weighing not more than 185g, turkeys meat decreased by -2.3% to 35K units in 2022. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 4.9% against the previous year. Over the period under review, imports of attained the peak figure at 35K units in 2021, and then contracted modestly in the following year.

In value terms, imports of poultry; live, weighing not more than 185g, turkeys meat contracted slightly to $43K in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 8.7%. As a result, imports reached the peak of $45K, and then reduced slightly in the following year.

Top Suppliers of Poultry; Live, Weighing Not More than 185g, Turkeys to Hong Kong SAR in 2022:

1. United States (34.6K units)

Source: IndexBox Market Intelligence Platform