Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR - 2023
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR (CIF) - 2022
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR (FOB) - 2022
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR (CIF) - 2022
The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $22,334 per ton in 2022, with an increase of 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 15% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($42,027 per ton), while the price for Australia ($20,196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR (FOB) - 2022
The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $32,682 per ton in 2022, increasing by 6.8% against the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2015 an increase of 795% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2014 to 2022, the rate of growth in terms of prices for Macao SAR amounted to -2.1% per year.
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR
In 2022, purchases abroad of fresh or chilled lamb carcasses and half-carcasseses increased by 2.4% to 33 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a dramatic contraction.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses expanded markedly to $744K in 2022. Over the period under review, imports, however, faced a drastic downturn.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 968 | 571 | 418 | 577 | -15.8% |
| United Kingdom | 153 | 158 | 234 | 135 | -4.1% |
| France | 125 | 40.7 | 32.5 | 32.9 | -35.9% |
| New Zealand | 110 | 39.3 | N/A | N/A | -64.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,354 | 809 | 685 | 744 | -18.1% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Hong Kong SAR in 2022:
- Australia (28.5 tons)
- United Kingdom (3.2 tons)
- France (1.6 tons)
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR
Exports of fresh or chilled lamb carcasses and half-carcasseses from Hong Kong SAR dropped markedly to 1.4 tons in 2022, with a decrease of -15.6% against 2021 figures. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 1.2%.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses declined to $47K in 2022. Over the period under review, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 9.7% against the previous year.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 187 | 47.8 | 52.5 | 47.3 | -36.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 187 | 47.8 | 52.5 | 47.3 | -36.8% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Hong Kong SAR in 2022:
- Macao SAR (1.4 tons)
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