Price for Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR - 2023
Contents:
- Price for Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (CIF) - 2023
- Price for Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (FOB) - 2022
- Imports of Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
- Exports of Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
Price for Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (CIF) - 2023
In November 2023, the average import price for fresh or chilled domestic ducks, not cut in pieceses amounted to $2,446 per ton, approximately mirroring the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 3.2% m-o-m. Over the period under review, average import prices attained the maximum at $2,754 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -0.8% per month.
Price for Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for fresh or chilled domestic ducks, not cut in pieceses amounted to $11,655 per ton, reducing by -30.3% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2020 an increase of 77%. As a result, the export price reached the peak level of $20,388 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2016 to 2022, the rate of growth in terms of prices for Macao SAR amounted to -3.8% per year.
Imports of Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in supplies from abroad of fresh or chilled domestic ducks, not cut in pieceses, which decreased by -10.4% to 17K tons in 2022. Over the period under review, imports recorded a deep reduction. The smallest decline of -1.2% was in 2021.
In value terms, imports of fresh or chilled domestic ducks, not cut in pieceses shrank modestly to $42M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 29%.
| Import of Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.0 | 33.7 | 41.8 | 41.6 | 17.0% |
| Others | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Total | 26.3 | 33.9 | 41.9 | 41.6 | 16.5% |
Top Suppliers of Fresh or Chilled Domestic Ducks, Not Cut in Pieces to Hong Kong SAR in 2022:
- China (16.9K tons)
Exports of Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR
In 2022, shipments abroad of fresh or chilled domestic ducks, not cut in pieceses decreased by -80.3% to 283 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 372%. As a result, the exports reached the peak of 1.4 tons, and then shrank markedly in the following year.
In value terms, exports of fresh or chilled domestic ducks, not cut in pieceses reduced notably to $3.3K in 2022. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 287% against the previous year. As a result, the exports attained the peak of $24K, and then fell sharply in the following year.
| Export of Fresh or Chilled Domestic Ducks, Not Cut in Pieces in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 1.1 | 6.2 | 24.0 | 3.3 | 44.2% |
| France | 1.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 6.2 | 24.0 | 3.3 | 8.3% |
Top Export Markets for Fresh or Chilled Domestic Ducks, Not Cut in Pieces from Hong Kong SAR in 2022:
- Macao SAR (283.0 kg)
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