Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR - 2023
Contents:
- Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR (CIF) - 2022
- Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR (FOB) - 2022
- Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR
- Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR
Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR (CIF) - 2022
The average import price for animals; live, birds, other than birds of prey and psittaciformeses stood at $4.8 per unit in 2022, rising by 10% against the previous year. Overall, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 63% against the previous year. As a result, import price reached the peak level of $6.4 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($28 per unit), while the price for Singapore ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for animals; live, birds, other than birds of prey and psittaciformeses amounted to $56 per unit, growing by 19% against the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 351% against the previous year. Over the period under review, the average export prices hit record highs at $423 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +16.7% per year.
Imports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in purchases abroad of animals; live, birds, other than birds of prey and psittaciformeses, when their volume decreased by -49.7% to 18K units. Over the period under review, imports, however, continue to indicate a slight increase. The pace of growth was the most pronounced in 2020 when imports increased by 89% against the previous year. Over the period under review, imports of reached the peak figure at 35K units in 2021, and then dropped rapidly in the following year.
In value terms, imports of animals; live, birds, other than birds of prey and psittaciformeses declined rapidly to $85K in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year. As a result, imports reached the peak of $158K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 11.3 | 46.1 | 46.0 | 27.5 | 34.5% |
| Guinea | 1.2 | 2.8 | 3.6 | 24.2 | 172.2% |
| Singapore | 0.2 | 0.1 | 0.1 | 16.7 | 337.1% |
| Kenya | N/A | N/A | N/A | 9.7 | 0% |
| Uzbekistan | N/A | N/A | N/A | 7.2 | 0% |
| China | 38.6 | 72.4 | 75.9 | N/A | 40.2% |
| Mali | 7.2 | 6.2 | 1.6 | N/A | -52.9% |
| Czech Republic | 18.4 | 2.4 | N/A | N/A | -87.0% |
| Others | 32.4 | 27.9 | 27.0 | N/A | -8.7% |
| Total | 109 | 158 | 154 | 85.3 | -7.8% |
Top Suppliers of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes to Hong Kong SAR in 2022:
- Singapore (8.1K units)
- Guinea (5.6K units)
- Kenya (2.4K units)
- Malaysia (1.0K units)
- Uzbekistan (0.7K units)
Exports of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR
In 2022, the amount of animals; live, birds, other than birds of prey and psittaciformeses exported from Hong Kong SAR contracted significantly to 617 units, which is down by -47.5% compared with 2021. In general, exports showed a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 1,797%. Over the period under review, the exports of attained the peak figure at 2.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of animals; live, birds, other than birds of prey and psittaciformeses declined sharply to $35K in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 296% against the previous year. The exports peaked at $939K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Animals; Live, Birds, Other than Birds of Prey and Psittaciformes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 939 | 12.7 | 49.1 | 34.6 | -66.7% |
| Malaysia | N/A | 1.4 | 3.0 | N/A | 114.3% |
| Others | N/A | N/A | 3.5 | 0.2 | -94.3% |
| Total | 939 | 14.0 | 55.6 | 34.8 | -66.7% |
Top Export Markets for Animals; Live, Birds, Other than Birds of Prey and Psittaciformes from Hong Kong SAR in 2022:
- China (613.0 units)
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