Hong Kong SAR, China - Poultry - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPoultry Price in Hong Kong SAR - 2023
Contents:
- Poultry Price in Hong Kong SAR (CIF) - 2022
- Poultry Price in Hong Kong SAR (FOB) - 2022
- Poultry Imports in Hong Kong SAR
- Poultry Exports in Hong Kong SAR
Poultry Price in Hong Kong SAR (CIF) - 2022
In 2022, the average poultry import price amounted to $2,864 per ton, with an increase of 19% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry import price increased by +65.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($4,906 per ton), while the price for the United States ($1,852 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Poultry Price in Hong Kong SAR (FOB) - 2022
The average poultry export price stood at $1,388 per ton in 2022, increasing by 8.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2013 an increase of 40% against the previous year. The export price peaked at $1,734 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($5,099 per ton), while the average price for exports to South Korea ($766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Poultry Imports in Hong Kong SAR
Poultry imports into Hong Kong SAR reduced remarkably to 256K tons in 2022, declining by -23.9% on 2021. Over the period under review, imports showed a precipitous contraction.
In value terms, poultry imports shrank to $732M in 2022. In general, imports saw a deep slump.
| Import of Poultry in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 373 | 385 | 479 | 500 | 10.3% |
| Brazil | 304 | 248 | 169 | 106 | -29.6% |
| Thailand | 30.1 | 51.5 | 46.0 | 50.0 | 18.4% |
| United States | 344 | 104 | 31.8 | 29.6 | -55.9% |
| Poland | 34.4 | 25.6 | 9.7 | 7.2 | -40.6% |
| France | 36.8 | 32.2 | 11.9 | 5.0 | -48.6% |
| United Kingdom | 22.4 | 21.1 | 8.8 | 3.1 | -48.3% |
| Others | 106 | 103 | 54.0 | 31.4 | -33.3% |
| Total | 1,250 | 971 | 810 | 732 | -16.3% |
Top Suppliers of Poultry to Hong Kong SAR in 2022:
- China (165.4K tons)
- Brazil (49.4K tons)
- United States (16.0K tons)
- Thailand (10.2K tons)
- Poland (2.7K tons)
- France (1.3K tons)
- United Kingdom (1.0K tons)
Poultry Exports in Hong Kong SAR
In 2022, approx. 37K tons of poultry were exported from Hong Kong SAR; waning by -28.6% on the previous year. In general, exports recorded a dramatic curtailment.
In value terms, poultry exports shrank significantly to $51M in 2022. Over the period under review, exports saw a dramatic slump.
| Export of Poultry in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 30.1 | 24.9 | 23.2 | 21.6 | -10.5% |
| Taiwan (Chinese) | 98.2 | 97.7 | 9.2 | 11.7 | -50.8% |
| South Korea | 115 | 9.4 | 7.5 | 9.6 | -56.3% |
| Thailand | 14.5 | 2.0 | 12.7 | 2.4 | -45.1% |
| Malaysia | 0.6 | 0.6 | 0.4 | 1.7 | 41.5% |
| Vietnam | 141 | 1.1 | 11.7 | 1.4 | -78.5% |
| Others | 9.3 | 1.6 | 1.3 | 2.7 | -33.8% |
| Total | 409 | 137 | 66.0 | 51.0 | -50.0% |
Top Export Markets for Poultry from Hong Kong SAR in 2022:
- South Korea (12.6K tons)
- Taiwan (Chinese) (10.1K tons)
- Macao SAR (8.6K tons)
- Malaysia (1.9K tons)
- Thailand (1.9K tons)
- Vietnam (0.9K tons)
This report provides an in-depth analysis of the poultry 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:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
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
477
This report provides an in-depth analysis of the poultry market in Hong Kong SAR, China.
905
This report provides an in-depth analysis of the meat and poultry market in Hong Kong SAR, China.
291
This report provides an in-depth analysis of the frozen turkey cut market in Hong Kong SAR, China.
312
This report provides an in-depth analysis of the frozen whole turkey market in Hong Kong SAR, China.
365
This report provides an in-depth analysis of the frozen whole chicken market in Hong Kong SAR, China.
243
This report provides an in-depth analysis of the frozen poultry liver market in Hong Kong SAR, China.
309
This report provides an in-depth analysis of the frozen chicken cut market in Hong Kong SAR, China.
305
This report provides an in-depth analysis of the market for fresh or chilled whole turkey in Hong Kong SAR, China.
314
This report provides an in-depth analysis of the fresh whole chicken market in Hong Kong SAR, China.
323
This report provides an in-depth analysis of the market for fresh or chilled turkey cut in Hong Kong SAR, China.
363
In March 2023, the frozen whole chicken price amounted to $2,514 per ton (CIF, Hong Kong), waning by -5.4% against the previous month.
274
In June 2023, the price of Fresh Chicken Cut was $5,012 per ton (CIF, Hong Kong), showing a decrease of -5.6% compared to the previous month.
226
Discover the top import markets for poultry, including China, Germany, the United Kingdom, France, and Japan. These countries heavily rely on imports to meet the growing demand for poultry products. Exporters can capitalize on these markets by tailoring their offerings to meet specific preferences and requirements. With market intelligence from platforms like IndexBox, businesses can gain valuable insights and seize the opportunities presented by these import markets.
4169
In 2019, the global poultry market increased by 6% to $231.5B, rising for the third consecutive year after two years...
1516
As the most affordable type of meat, poultry has long enjoyed high consumption rates among low income groups of global population. However, healthy eating habits trends drove higher income customers to consuming poultry as a source of low fat protein.
121
Discover the leading countries driving global meat and poultry imports, including key statistics and market insights.
290
Explore the top import markets for meat and poultry, including China, the United States, Japan, and more. Discover key statistics and data from the IndexBox market intelligence platform.
570
Learn about the most successful companies in the global meat and poultry market and their winning business strategies. Find out how IndexBox market intelligence platform can help you stay ahead of the competition.
1963
In 2015, the country with the largest volume of the duck meat output was China (X thousand tons), accounting for X% of global production. The third position in this ranking was occupied by Hungary with a share of X>
2821
The Netherlands dominates in the global trade of duck, goose and guinea fowl. In 2014, the Netherlands exported X million units of duck, goose and guinea fowl totaling X million USD, X% over the previous year. Its primary trading partner was Germany,
