Price for Mammals; Live, Rabbits and Hares in Hong Kong SAR - 2022

Contents:

1. Price for Mammals; Live, Rabbits and Hares in Hong Kong SAR (CIF) - 2022
2. Price for Mammals; Live, Rabbits and Hares in Hong Kong SAR (FOB) - 2022
3. Imports of Mammals; Live, Rabbits and Hares in Hong Kong SAR
4. Exports of Mammals; Live, Rabbits and Hares in Hong Kong SAR

Price for Mammals; Live, Rabbits and Hares in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for mammals; live, rabbits and hareses amounted to $32 per unit, waning by -8.1% against the previous year. Overall, the import price, however, saw a notable expansion. The most prominent rate of growth was recorded in 2018 an increase of 77%. The import price peaked at $35 per unit in 2021, and then dropped in the following year.

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 Netherlands ($35 per unit), while the price for France ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+33.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mammals; Live, Rabbits and Hares in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for mammals; live, rabbits and hareses amounted to $33 per unit, waning by -24.4% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 3,959%. Over the period under review, the average export prices reached the peak figure at $170 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -1.9% per year.

Imports of Mammals; Live, Rabbits and Hares in Hong Kong SAR

In 2022, overseas purchases of mammals; live, rabbits and hareses increased by 7.1% to 770 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep reduction. Over the period under review, imports attained the peak figure at 1.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, mammals; live, rabbits and hares imports reduced slightly to $25K in 2022. Over the period under review, imports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 when imports increased by 3.2%. Over the period under review, imports attained the peak figure at $28K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Mammals; Live, Rabbits and Hares to Hong Kong SAR in 2022:

1. Netherlands (578.0 units)
2. Luxembourg (164.0 units)
3. France (17.0 units)

Exports of Mammals; Live, Rabbits and Hares in Hong Kong SAR

Mammals; live, rabbits and hares exports from Hong Kong SAR contracted dramatically to 2 units in 2022, which is down by -33.3% against the previous year. Overall, exports saw a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 200%. The exports peaked at 7 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mammals; live, rabbits and hares exports reduced remarkably to $66 in 2022. In general, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13,000%. The exports peaked at $417 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Mammals; Live, Rabbits and Hares from Hong Kong SAR in 2022:

1. South Korea (2.0 units)

Source: IndexBox Market Intelligence Platform