Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR - 2022

Contents:

1. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2022
2. Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (FOB) - 2022
3. Imports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR
4. Exports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR

Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2022

The average import price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses stood at $2,077 per unit in 2022, falling by -16% against the previous year. Overall, the import price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of 69%. The import price peaked at $2,913 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($6,295 per unit), while the price for Belgium ($9.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+18.5%), while the prices for the other major suppliers experienced a decline.

Price for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (FOB) - 2022

The average export price for horses, asses, mules and hinnies; live, other than pure-bred breeding animalses stood at $35 per unit in 2022, jumping by 23% against the previous year. Overall, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 976% against the previous year. As a result, the export price reached the peak level of $1,654 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($251 per unit), while the average price for exports to Singapore ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+2.6%), while the prices for the other major destinations experienced a decline.

Imports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR

In 2022, after two years of decline, there was significant growth in supplies from abroad of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses, when their volume increased by 57% to 33 units. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports of reached the peak figure at 49 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses skyrocketed to $69K in 2022. Overall, imports, however, recorded a sharp reduction. Over the period under review, imports of hit record highs at $140K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals to Hong Kong SAR in 2022:

1. Australia (13.0 units)
2. New Zealand (10.0 units)
3. Belgium (7.0 units)
4. United States (1.0 units)
5. United Kingdom (1.0 units)
6. Thailand (1.0 units)

Exports of Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR

In 2022, overseas shipments of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses decreased by 0% to 10 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a noticeable shrinkage. The smallest decline of -9.1% was in 2020. The exports peaked at 11 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of horses, asses, mules and hinnies; live, other than pure-bred breeding animalses surged to $349 in 2022. Over the period under review, exports recorded a abrupt decline. Over the period under review, the exports of hit record highs at $615 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Horses, Asses, Mules and Hinnies; Live, Other than Pure-Bred Breeding Animals from Hong Kong SAR in 2022:

1. United Kingdom (1.0 units)
2. Netherlands (1.0 units)
3. Singapore (1.0 units)
4. France (1.0 units)
5. United States (1.0 units)
6. Malaysia (1.0 units)
7. Australia (1.0 units)
8. China (1.0 units)
9. Japan (1.0 units)
10. New Zealand (1.0 units)

Source: IndexBox Market Intelligence Platform