Hong Kong SAR, China - Prepared Or Preserved Meat Or Offal Of Bovine Animals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Cows Meat Price in Hong Kong SAR - 2023
Contents:
- Preserved Cows Meat Price in Hong Kong SAR (CIF) - 2023
- Preserved Cows Meat Price in Hong Kong SAR (FOB) - 2023
- Preserved Cows Meat Imports in Hong Kong SAR
- Preserved Cows Meat Exports in Hong Kong SAR
Preserved Cows Meat Price in Hong Kong SAR (CIF) - 2023
The average preserved cows meat import price stood at $4,521 per ton in June 2023, dropping by -5.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 28% m-o-m. The import price peaked at $4,803 per ton in May 2023, and then fell in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($10,256 per ton), while the price for India ($1,903 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 Canada (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Cows Meat Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average preserved cows meat export price amounted to $3,940 per ton, which is down by -5.3% against the previous month. Over the period under review, the export price, however, showed resilient growth. The pace of growth was the most pronounced in October 2022 an increase of 250% against the previous month. As a result, the export price attained the peak level of $5,852 per ton. From November 2022 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($9,509 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) (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Cows Meat Imports in Hong Kong SAR
In 2022, imports of prepared or preserved meat or offal of bovine animals into Hong Kong SAR amounted to 25K tons, increasing by 7.6% compared with 2021 figures. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 118% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, preserved cows meat imports declined to $97M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119%.
| Import of Preserved Cows Meat in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 3.1 | 4.9 | 22.6 | 170.0% |
| China | 9.5 | 8.2 | 11.8 | 11.2 | 5.6% |
| Brazil | 5.5 | 7.5 | 16.1 | 11.0 | 26.0% |
| United States | 2.1 | 23.3 | 19.3 | 5.1 | 34.4% |
| Vietnam | 0.5 | 10.7 | 0.5 | 4.9 | 114.0% |
| Australia | 4.1 | 4.6 | 6.0 | 4.7 | 4.7% |
| Venezuela | 1.9 | 2.8 | 2.7 | 4.7 | 35.2% |
| Turkey | 0.2 | 1.5 | 2.9 | 3.8 | 166.8% |
| Taiwan (Chinese) | 1.0 | 2.5 | 3.4 | 3.5 | 51.8% |
| Russia | 0.4 | 1.2 | 3.8 | 3.4 | 104.1% |
| Pakistan | 0.3 | 0.4 | 0.7 | 2.3 | 97.2% |
| Uruguay | 0.6 | 0.8 | 1.7 | 1.1 | 22.4% |
| Poland | 0.1 | 0.8 | 3.5 | 1.0 | 115.4% |
| Others | 15.3 | 23.2 | 28.0 | 18.3 | 6.1% |
| Total | 41.3 | 90.6 | 105 | 97.5 | 33.2% |
Top Suppliers of Preserved Cows Meat to Hong Kong SAR in 2022:
- India (9.3K tons)
- Brazil (3.0K tons)
- China (2.3K tons)
- Vietnam (1.2K tons)
- Russia (0.9K tons)
- Venezuela (0.9K tons)
- Australia (0.8K tons)
- Turkey (0.6K tons)
- United States (0.6K tons)
- Pakistan (0.5K tons)
- Uruguay (0.5K tons)
- Poland (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
Preserved Cows Meat Exports in Hong Kong SAR
Preserved cows meat exports from Hong Kong SAR soared to 7K tons in 2022, rising by 206% against the previous year. Overall, exports, however, recorded a dramatic curtailment.
In value terms, preserved cows meat exports skyrocketed to $13M in 2022. In general, exports, however, recorded a sharp shrinkage.
| Export of Preserved Cows Meat in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 49.0 | 4.3 | N/A | 10.6 | -40.0% |
| Macao SAR | 1.7 | 1.2 | 1.7 | 1.4 | -6.3% |
| Vietnam | 1.1 | N/A | 5.7 | 0.6 | -18.3% |
| South Korea | 4.6 | 0.3 | 0.1 | N/A | -85.3% |
| Others | 0.5 | 0.1 | 0.2 | N/A | -36.8% |
| Total | 56.8 | 6.0 | 7.7 | 12.6 | -39.5% |
Top Export Markets for Preserved Cows Meat from Hong Kong SAR in 2022:
- Taiwan (Chinese) (6.6K tons)
- Vietnam (0.2K tons)
- Macao SAR (0.2K tons)
This report provides an in-depth analysis of the preserved cows meat 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 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver 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.
-
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
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