Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR - 2023
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2023
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2023
In November 2023, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $4,166 per unit, stabilizing at the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 1.8% against the previous month. The import price peaked at $4,181 per unit in January 2023; afterwards, it flattened through to November 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +0.2% per month.
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of bovine animals; live, other than pure-bred breeding animalses, which decreased by -11.9% to 12K units in 2022. Over the period under review, imports saw a deep reduction. The smallest decline of -4.1% was in 2020. Over the period under review, imports of attained the peak figure at 15K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses contracted to $49M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 8.9%. As a result, imports reached the peak of $53M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.6 | 53.0 | 52.9 | 49.0 | 0.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 48.6 | 53.0 | 52.9 | 49.0 | 0.3% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Hong Kong SAR in 2022:
- China (11.9K units)
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