Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hong Kong SAR - 2023
Contents:
- Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hong Kong SAR (CIF) - 2023
- Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hong Kong SAR
Price for Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hong Kong SAR (CIF) - 2023
The average import price for swine; live, (other than pure-bred breeding animals), weighing 50kg or more stood at $382 per unit in September 2023, therefore, remained relatively stable against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 1% month-to-month. The import price peaked at $384 per unit in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to September 2023, the rate of growth in terms of prices for China amounted to -0.0% per month.
Imports of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hong Kong SAR
In 2022, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more into Hong Kong SAR surged to 964K units, with an increase of 21% on the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of swine; live, (other than pure-bred breeding animals), weighing 50kg or more amounted to $365M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 5.5%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 324 | 329 | 347 | 365 | 4.1% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 324 | 329 | 347 | 365 | 4.1% |
Top Suppliers of Swine; Live, (Other than Pure-Bred Breeding Animals), Weighing 50kg or More to Hong Kong SAR in 2022:
- China (964.0K units)
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