Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR - 2022

Contents:

  1. Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2022
  2. Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR

Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2022

The average import price for buffalo; live, other than pure-bred breeding animalses stood at $654 per unit in 2022, falling by -34.6% against the previous year. Over the period under review, the import price showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 338% against the previous year. The import price peaked at $1,726 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($821 per unit), while the price for Brazil stood at $3.2 per unit.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.0%).

Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR

For the fourth consecutive year, Hong Kong SAR recorded growth in overseas purchases of buffalo; live, other than pure-bred breeding animalses, which increased by 2,350% to 49 units in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of buffalo; live, other than pure-bred breeding animalses skyrocketed to $32K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Buffalo; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A32.00%
EthiopiaN/AN/A2.0N/A0%
Papua New Guinea1.7N/AN/AN/A0%
BrazilN/A0.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.70.22.032.0166.0%

Top Suppliers of Buffalo; Live, Other than Pure-Bred Breeding Animals to Hong Kong SAR in 2022:

  1. United States (39.0 units)
  2. Brazil (10.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Buffalo; live, other than pure-bred breeding animals - Hong Kong SAR