Hong Kong SAR, China - Frozen Carcases Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFrozen Pork Carcase Price in Hong Kong SAR - 2023
Contents:
- Frozen Pork Carcase Price in Hong Kong SAR (CIF) - 2023
- Frozen Pork Carcase Price in Hong Kong SAR (FOB) - 2023
- Frozen Pork Carcase Imports in Hong Kong SAR
- Frozen Pork Carcase Exports in Hong Kong SAR
Frozen Pork Carcase Price in Hong Kong SAR (CIF) - 2023
The average frozen pork carcase import price stood at $5,714 per ton in June 2023, which is down by -7.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in September 2022 an increase of 17% m-o-m. The import price peaked at $6,950 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Vietnam ($5,845 per ton), while the price for China amounted to $4,681 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%).
Frozen Pork Carcase Price in Hong Kong SAR (FOB) - 2023
The average frozen pork carcase export price stood at $7,362 per ton in June 2023, growing by 1.9% against the previous month. Over the period under review, export price indicated slight growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, frozen pork carcase export price decreased by -11.4% against December 2022 indices. The growth pace was the most rapid in August 2022 an increase of 80% m-o-m. Over the period under review, the average export prices reached the maximum at $8,314 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From June 2022 to June 2023, the rate of growth in terms of prices for Macao SAR amounted to +1.6% per month.
Frozen Pork Carcase Imports in Hong Kong SAR
In 2022, approx. 8.4K tons of frozen carcases of pig meat were imported into Hong Kong SAR; increasing by 27% against 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year.
In value terms, frozen pork carcase imports declined modestly to $47M in 2022. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year.
| Import of Frozen Pork Carcase in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 49.6 | 27.5 | 39.4 | 42.4 | -5.1% |
| China | 5.8 | 2.7 | 8.4 | 4.7 | -6.8% |
| Thailand | N/A | 2.0 | 1.0 | N/A | -50.0% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 55.5 | 32.3 | 49.0 | 47.1 | -5.3% |
Top Suppliers of Frozen Pork Carcase to Hong Kong SAR in 2022:
- Vietnam (7.1K tons)
- China (1.4K tons)
Frozen Pork Carcase Exports in Hong Kong SAR
Frozen pork carcase exports from Hong Kong SAR rose sharply to 645 tons in 2022, picking up by 8.5% compared with the year before. Over the period under review, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year.
In value terms, frozen pork carcase exports dropped significantly to $4.6M in 2022. In general, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, the exports reached the peak of $5.8M, and then dropped sharply in the following year.
| Export of Frozen Pork Carcase in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 5.3 | 4.3 | 5.8 | 4.6 | -4.6% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 5.5 | 4.3 | 5.8 | 4.6 | -5.8% |
Top Export Markets for Frozen Pork Carcase from Hong Kong SAR in 2022:
- Macao SAR (644.8 tons)
This report provides an in-depth analysis of the frozen pork carcase market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10113230 - Frozen carcases and half-carcases, of pig meat
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
330
This report provides an in-depth analysis of the frozen pork carcase market in Hong Kong SAR, China.
1127
This report provides an in-depth analysis of the pork market in Hong Kong SAR, China.
406
This report provides an in-depth analysis of the fresh pork carcase market in Hong Kong SAR, China.
413
This report provides an in-depth analysis of the fresh pork cut market in Hong Kong SAR, China.
349
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in Hong Kong SAR, China.
663
This report provides an in-depth analysis of the frozen pork cut market in Hong Kong SAR, China.
362
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in Hong Kong SAR, China.
609
This report provides an in-depth analysis of the global frozen pork carcase market.
4345
This report provides an in-depth analysis of the global pork market.
679
This report provides an in-depth analysis of the global fresh pork carcase market.
307
In January 2023, the frozen pork cut price amounted to $1,734 per ton (CIF, Hong Kong), waning by -18.4% against the previous month.
115
Discover the leading countries in the global pork import market and their key statistics. Learn about the top importers of pork products and their role in meeting the demand for pork around the world.
369
Explore the top import markets for pork based on their import value in 2022. Japan, China, Mexico, Italy, South Korea, United States, Poland, Germany, United Kingdom, and Romania lead the way. Get key statistics and insights from the IndexBox market intelligence platform.
20720
Global pork consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1484
Global pork exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1640
Global pork imports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1246
Germany continued its dominance in the global pork trade. In 2014, Germany exported X thousand tons of pork totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total pork exp
90
Discover the top-10 countries by import value of fresh pork carcass and their significance in shaping the international market for this popular meat product.
100
Discover the top import markets for fresh pork cut products and the key statistics behind their import values. Explore the trends and factors driving the demand for pork cut products in these countries.
277
Explore the top import markets for fresh pork cuts, including Mexico, Italy, Poland, Germany, and more. Learn about the demand, market values, and key statistics in these countries.
