Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Hong Kong SAR - 2022

Contents:

  1. Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Hong Kong SAR (CIF) - 2022
  2. Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Hong Kong SAR

Price for Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat amounted to $3.3 per unit, increasing by 11% against the previous year. Overall, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 77%. Over the period under review, average import prices hit record highs at $7.1 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6 per unit), while the price for the United States ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.

Imports of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Hong Kong SAR

Imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat into Hong Kong SAR declined significantly to 7.1K units in 2022, reducing by -43.2% compared with the year before. Overall, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 564% against the previous year. Over the period under review, imports of reached the peak figure at 30K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g meat declined dramatically to $23K in 2022. Over the period under review, imports showed a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 277% against the previous year. Imports peaked at $90K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China52.77.824.716.1-32.6%
United States22.80.48.14.7-40.9%
Canada13.41.64.12.5-42.9%
Others0.9N/AN/A0.1-51.9%
Total89.79.836.923.4-36.1%

Top Suppliers of Poultry; Live, Ducks, Geese, Turkeys and Guinea Fowls, Weighing More than 185g to Hong Kong SAR in 2022:

  1. United States (2.9K units)
  2. China (2.7K units)
  3. Canada (1.5K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Poultry; live, ducks, geese, turkeys and guinea fowls, weighing more than 185g - Hong Kong SAR