Price for Animals; Live, Birds, Psittaciformes in Hong Kong SAR - 2022

Contents:

  1. Price for Animals; Live, Birds, Psittaciformes in Hong Kong SAR (CIF) - 2022
  2. Price for Animals; Live, Birds, Psittaciformes in Hong Kong SAR (FOB) - 2022
  3. Imports of Animals; Live, Birds, Psittaciformes in Hong Kong SAR
  4. Exports of Animals; Live, Birds, Psittaciformes in Hong Kong SAR

Price for Animals; Live, Birds, Psittaciformes in Hong Kong SAR (CIF) - 2022

In 2022, the average animals; live, birds, psittaciformes import price amounted to $233 per unit, waning by -10% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 67%. Over the period under review, average import prices attained the maximum at $285 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Singapore ($327 per unit), while the price for South Africa ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (+106.8%), while the prices for the other major suppliers experienced a decline.

Price for Animals; Live, Birds, Psittaciformes in Hong Kong SAR (FOB) - 2022

The average animals; live, birds, psittaciformes export price stood at $191 per unit in 2022, which is down by -63.6% against the previous year. In general, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 163% against the previous year. As a result, the export price reached the peak level of $524 per unit, and then fell significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +19.5% per year.

Imports of Animals; Live, Birds, Psittaciformes in Hong Kong SAR

In 2022, imports of animals; live, birds, psittaciformeses into Hong Kong SAR reduced to 599 units, waning by -14.2% against 2021 figures. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. Imports peaked at 840 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, animals; live, birds, psittaciformes imports declined sharply to $140K in 2022. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 84%. As a result, imports reached the peak of $181K, and then dropped rapidly in the following year.

Import of Animals; Live, Birds, Psittaciformes in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore10469.41241050.3%
Czech Republic26.114.13.210.7-25.7%
Belgium21.63.014.710.4-21.6%
Congo10.36.19.67.2-11.3%
Guyana3.52.23.62.8-7.2%
South Africa1.10.50.60.3-35.2%
Others6.33.325.73.7-16.3%
Total17398.5181140-6.8%

Top Suppliers of Animals; Live, Birds, Psittaciformes to Hong Kong SAR in 2022:

  1. Singapore (320.0 units)
  2. Congo (185.0 units)
  3. Czech Republic (39.0 units)
  4. South Africa (27.0 units)
  5. Guyana (12.0 units)
  6. Belgium (7.0 units)

Exports of Animals; Live, Birds, Psittaciformes in Hong Kong SAR

After two years of decline, overseas shipments of animals; live, birds, psittaciformeses increased by 300% to 4 units in 2022. In general, exports, however, showed a sharp decrease. Over the period under review, the exports reached the peak figure at 8 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, animals; live, birds, psittaciformes exports amounted to $764 in 2022. Over the period under review, exports, however, continue to indicate a pronounced setback. The exports peaked at $834 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Animals; Live, Birds, Psittaciformes in Hong Kong SAR (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan834798264764-2.9%
OthersN/AN/A466N/A0%
Total834798730764-2.9%

Top Export Markets for Animals; Live, Birds, Psittaciformes from Hong Kong SAR in 2022:

  1. Pakistan (4.0 units)

Source: IndexBox Market Intelligence Platform

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