Price for Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR - 2023
Contents:
- Price for Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (CIF) - 2023
- Price for Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (FOB) - 2022
- Imports of Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
- Exports of Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
Price for Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (CIF) - 2023
The average import price for frozen domestic ducks, not cut in pieceses stood at $2,765 per ton in November 2023, surging by 19% against the previous month. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $3,315 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.
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 +0.6% per month.
Price for Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (FOB) - 2022
The average export price for frozen domestic ducks, not cut in pieceses stood at $3,110 per ton in 2022, waning by -9.1% against the previous year. In general, the export price saw a slight slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 83%. The export price peaked at $3,781 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($5,003 per ton), while the average price for exports to South Korea ($894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
In 2022, the amount of frozen domestic ducks, not cut in pieceses imported into Hong Kong SAR reduced to 2.5K tons, which is down by -9.6% on the previous year. In general, imports continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 12%. As a result, imports attained the peak of 2.7K tons, and then dropped in the following year.
In value terms, imports of frozen domestic ducks, not cut in pieceses reduced modestly to $6.2M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 7.8% against the previous year. As a result, imports attained the peak of $6.4M, and then shrank modestly in the following year.
| Import of Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 5.5 | 6.1 | 6.0 | 1.7% |
| Others | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
| Total | 6.0 | 5.9 | 6.4 | 6.2 | 1.1% |
Top Suppliers of Frozen Domestic Ducks, Not Cut in Pieces to Hong Kong SAR in 2022:
- China (2.4K tons)
Exports of Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
In 2022, the amount of frozen domestic ducks, not cut in pieceses exported from Hong Kong SAR dropped to 119 tons, reducing by -8.1% compared with 2021. In general, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 18%.
In value terms, exports of frozen domestic ducks, not cut in pieceses shrank significantly to $370K in 2022. Overall, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year.
| Export of Frozen Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 396 | 209 | 438 | 330 | -5.9% |
| South Korea | N/A | N/A | N/A | 21.9 | 0% |
| Vietnam | 196 | 105 | 5.5 | 18.5 | -54.5% |
| Philippines | 471 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,062 | 314 | 443 | 370 | -29.6% |
Top Export Markets for Frozen Domestic Ducks, Not Cut in Pieces from Hong Kong SAR in 2022:
- Macao SAR (90.9 tons)
- South Korea (24.5 tons)
- Vietnam (3.7 tons)
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