Price for Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR (CIF) - 2023
- Price for Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR (FOB) - 2023
- Imports of Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR
- Exports of Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR
Price for Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR (CIF) - 2023
The average import price for frozen cuts and edible offal of domestic geeses stood at $2,927 per ton in November 2023, falling by -55% against the previous month. Overall, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in August 2023 an increase of 538% month-to-month. As a result, import price attained the peak level of $17,507 per ton. From September 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Hungary ($4,229 per ton), while the price for Slovenia ($1,434 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for frozen cuts and edible offal of domestic geeses amounted to $2,008 per ton, shrinking by -48.1% against the previous month. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 50% month-to-month. Over the period under review, the average export prices hit record highs at $5,320 per ton in November 2022; however, from December 2022 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($2,803 per ton), while the average price for exports to Vietnam amounted to $1,353 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR
In 2022, approx. 1.1K tons of frozen cuts and edible offal of domestic geeses were imported into Hong Kong SAR; dropping by -39.2% on the year before. In general, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 41%.
In value terms, imports of frozen cuts and edible offal of domestic geeses dropped dramatically to $3.5M in 2022. Over the period under review, imports recorded a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year.
| Import of Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 0.2 | 1.4 | 600.0% |
| Poland | 8.0 | 2.3 | 3.4 | 1.2 | -46.9% |
| Hungary | 4.2 | 1.7 | 3.4 | 0.8 | -42.5% |
| Slovenia | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 0.7 | 0.5 | 0.3 | 0.1 | -47.7% |
| Total | 13.4 | 4.6 | 7.3 | 3.5 | -36.1% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Geese to Hong Kong SAR in 2022:
- Poland (678.1 tons)
- China (225.6 tons)
- Hungary (178.3 tons)
- Slovenia (6.8 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR
In 2022, exports of frozen cuts and edible offal of domestic geeses from Hong Kong SAR reduced markedly to 109 tons, which is down by -42.5% compared with the previous year's figure. Over the period under review, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 60%.
In value terms, exports of frozen cuts and edible offal of domestic geeses fell dramatically to $508K in 2022. In general, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 24% against the previous year.
| Export of Frozen Cuts and Edible Offal of Domestic Geese in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 1,243 | 787 | 869 | 497 | -26.3% |
| Thailand | N/A | N/A | 33.3 | 10.2 | -69.4% |
| South Korea | 579 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | N/A | 30.9 | N/A | 0% |
| Others | 29.6 | 3.7 | 45.5 | N/A | 24.0% |
| Total | 1,852 | 790 | 978 | 508 | -35.0% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Geese from Hong Kong SAR in 2022:
- Macao SAR (103.1 tons)
- Thailand (6.0 tons)
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