Hong Kong SAR, China - Meat Dishes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMeat Dishes Price in Hong Kong SAR - 2023
Contents:
- Meat Dishes Price in Hong Kong SAR (CIF) - 2023
- Meat Dishes Price in Hong Kong SAR (FOB) - 2023
- Meat Dishes Imports in Hong Kong SAR
- Meat Dishes Exports in Hong Kong SAR
Meat Dishes Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average meat dishes import price amounted to $4,279 per ton, shrinking by -2.3% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 5.8% m-o-m. As a result, import price reached the peak level of $4,524 per ton. From December 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($8,947 per ton), while the price for Brazil ($1,751 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Meat Dishes Price in Hong Kong SAR (FOB) - 2023
The average meat dishes export price stood at $4,300 per ton in June 2023, growing by 6.9% against the previous month. Over the period under review, export price indicated a temperate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, meat dishes export price decreased by -4.4% against March 2023 indices. The growth pace was the most rapid in October 2022 an increase of 117% against the previous month. As a result, the export price attained the peak level of $4,904 per ton. From November 2022 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Macao SAR ($4,705 per ton), while the average price for exports to Vietnam ($1,567 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Meat Dishes Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in purchases abroad of meat dishes, which decreased by -13.3% to 138K tons in 2022. Over the period under review, imports saw a deep downturn. The smallest decline of -6.6% was in 2020.
In value terms, meat dishes imports declined to $568M in 2022. Overall, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 5.2%. As a result, imports attained the peak of $680M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Meat Dishes in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 307 | 309 | 329 | 296 | -1.2% |
| United States | 54.7 | 76.4 | 65.8 | 49.4 | -3.3% |
| Thailand | 43.7 | 39.2 | 42.0 | 42.2 | -1.2% |
| India | N/A | 3.1 | 4.9 | 22.6 | 170.0% |
| Taiwan (Chinese) | 9.6 | 14.9 | 18.1 | 19.6 | 26.9% |
| Brazil | 30.2 | 32.0 | 38.8 | 19.5 | -13.6% |
| Vietnam | 6.2 | 16.7 | 4.0 | 10.6 | 19.6% |
| Spain | 15.2 | 17.6 | 9.9 | 5.0 | -31.0% |
| Netherlands | 31.4 | 27.7 | 10.1 | 4.8 | -46.5% |
| Poland | 17.6 | 9.2 | 7.0 | 3.8 | -40.0% |
| Russia | 6.7 | 8.2 | 8.6 | 3.4 | -20.2% |
| Italy | 9.6 | 10.3 | 4.8 | 3.3 | -29.9% |
| Germany | 15.7 | 14.2 | 7.1 | 2.6 | -45.1% |
| Others | 98.9 | 101 | 93.0 | 85.4 | -4.8% |
| Total | 646 | 680 | 643 | 568 | -4.2% |
Top Suppliers of Meat Dishes to Hong Kong SAR in 2022:
- China (72.2K tons)
- United States (11.8K tons)
- Brazil (9.6K tons)
- India (9.3K tons)
- Thailand (8.2K tons)
- Taiwan (Chinese) (3.1K tons)
- Vietnam (2.5K tons)
- Poland (1.7K tons)
- Spain (1.4K tons)
- Netherlands (1.1K tons)
- Russia (0.9K tons)
- Germany (0.6K tons)
- Italy (0.4K tons)
Meat Dishes Exports in Hong Kong SAR
After two years of decline, shipments abroad of meat dishes increased by 43% to 14K tons in 2022. In general, exports, however, faced a sharp contraction.
In value terms, meat dishes exports amounted to $40M in 2022. Overall, exports, however, recorded a dramatic shrinkage.
| Export of Meat Dishes in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 31.8 | 59.5 | 32.2 | 27.8 | -4.4% |
| Taiwan (Chinese) | 56.2 | 10.3 | N/A | 11.6 | -40.9% |
| Vietnam | 8.2 | N/A | 6.6 | 0.7 | -56.0% |
| South Korea | 7.8 | 1.0 | 0.1 | N/A | -88.7% |
| Others | 2.6 | 0.7 | 0.9 | 0.2 | -57.5% |
| Total | 107 | 71.6 | 39.9 | 40.3 | -27.8% |
Top Export Markets for Meat Dishes from Hong Kong SAR in 2022:
- Taiwan (Chinese) (7.2K tons)
- Macao SAR (6.0K tons)
- Vietnam (0.2K tons)
This report provides an in-depth analysis of the meat dishes 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 10851100 - Prepared meals and dishes based on meat, meat offal or blood
- Prodcom 100000Z1 - Prepared and preserved meat, meat offal or blood, including prepared meat and offal dishes
- Prodcom 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
- Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)
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.
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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
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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
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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
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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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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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 VOLUME AND VALUE
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
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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
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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
- 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
- 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
274
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This report provides an in-depth analysis of the meat dishes market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the sausage market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the processed meat market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global meat dishes market.
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Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
1687
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
1391
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
314
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.
174
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
1687
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
1391
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
314
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.
