Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR (CIF) - 2022
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR (FOB) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $2,003 per ton, shrinking by -60.8% against the previous year. Over the period under review, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2021 an increase of 105%. As a result, import price reached the peak level of $5,109 per ton, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($13,176 per ton), while the price for Madagascar ($2,739 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR (FOB) - 2022
The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $3,566 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of 144%. As a result, the export price attained the peak level of $8,944 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to -6.6% per year.
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR
In 2022, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses into Hong Kong SAR surged to 239 tons, with an increase of 705% against the previous year's figure. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses soared to $478K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 22.3 | 40.7 | 81.3 | 46.2 | 27.5% |
| Madagascar | 1.5 | 5.4 | 24.0 | 20.3 | 138.3% |
| Spain | 19.7 | 15.1 | 7.0 | 18.0 | -3.0% |
| Mongolia | N/A | N/A | N/A | 16.9 | 0% |
| Romania | 8.4 | 14.8 | 28.6 | 15.7 | 23.2% |
| Italy | 9.8 | 5.3 | 17.8 | 10.8 | 3.3% |
| New Zealand | 12.1 | 5.1 | 15.4 | 5.0 | -25.5% |
| Others | 79.6 | 293 | -22.6 | 345 | 63.0% |
| Total | 153 | 379 | 151 | 478 | 46.2% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Hong Kong SAR in 2022:
- Uruguay (7.6 tons)
- Madagascar (7.4 tons)
- Romania (4.6 tons)
- Mongolia (3.7 tons)
- Italy (2.8 tons)
- Spain (2.8 tons)
- New Zealand (0.5 tons)
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in shipments abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses, which increased by 8.7% to 11 tons in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 94%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses rose remarkably to $40K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 22.6 | 9.8 | 33.6 | 33.5 | 14.0% |
| Singapore | N/A | 23.6 | N/A | N/A | 0% |
| Others | N/A | N/A | 3.0 | 6.6 | 120.0% |
| Total | 22.6 | 33.4 | 36.6 | 40.1 | 21.1% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Hong Kong SAR in 2022:
- Macao SAR (9.5 tons)
609
This report provides an in-depth analysis of the goat meat market in Hong Kong SAR, China.
659
This report provides an in-depth analysis of the market for sheep and goat meat in Hong Kong SAR, China.
842
This report provides an in-depth analysis of the market for lamb and sheep meat in Hong Kong SAR, China.
522
Global Frozen Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen lamb carcase market.
9901
This report provides an in-depth analysis of the global goat meat market.
427
Global Fresh Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global fresh lamb carcase market.
2822
This report provides an in-depth analysis of the global market for sheep and goat meat.
4078
This report provides an in-depth analysis of the global market for lamb and sheep meat.
168
This report provides an in-depth analysis of the market for sheep and goat meat in Hong Kong SAR, China.
609
This report provides an in-depth analysis of the goat meat market in Hong Kong SAR, China.
304
Imports of Goat Meat reached a record high of $506K in June 2023.
154
Lamb and Sheep Meat imports hit a peak in November 2023, reaching a value of $4.8M.
7233
Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
4737
Global goat meat market production was estimated at X thousand tons in 2015, which was X thousand tons more than in 2014. There was an annual increase of +X% in physical terms and +X% in value terms for the period from 2007 to 2015. In v
2397
From 2007 to 2015, exports on the global goat meat market decreased to X million USD. In physical terms, they stood at X thousand tons in 2015, X thousand tons down on the previous year.
7163
In 2015, the value of total imports on the global goat meat market stood at X million USD. In physical terms, the total volume of goat meat decreased to X thousand tons in 2015, X thousand tons (X%) less than the previous year.
27005
The global goat meat market had total revenues of X million USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. In physical terms, the market showed an increase of +X% over the period under review. Finall
4137
Despite the fall of global prices on the meat products market, due to weakening demand from both oil-exporting and developing countries, the goat meat price, in contrast, has peaked. The relatively nascent international trade in goat meat is the reason
1193
Australia dominates in the global goat meat trade. In 2014, Australia exported X thousand tons of goat meat totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total goat meat
339
Explore the top import markets for sheep and goat meat, including China, United States, France, and more. Discover key statistics and import values in this comprehensive article.
