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Hong Kong SAR, China - Hams, Shoulders And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR - 2023
Contents:
- Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR (CIF) - 2022
- Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR (FOB) - 2022
- Imports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR
- Exports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR
Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR (CIF) - 2022
The average import price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) stood at $9,018 per ton in 2022, picking up by 1.9% against the previous year. Over the period under review, the import price, however, saw a mild descent. The pace of growth appeared the most rapid in 2013 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $13,650 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($9,018 per ton) and Canada ($9,018 per ton), while the price for Italy ($9,018 per ton) and France ($9,018 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for hams, shoulders and cuts of swine (salted, in brine, dried or smoked) amounted to $11,251 per ton, shrinking by -11.6% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2019 an increase of 74% against the previous year. The export price peaked at $17,309 per ton in 2020; however, from 2021 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 Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +7.1% per year.
Imports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR
In 2022, imports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) into Hong Kong SAR declined significantly to 875 tons, which is down by -17.3% compared with 2021. In general, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, imports attained the peak of 1.1K tons, and then declined rapidly in the following year.
In value terms, imports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) contracted notably to $7.9M in 2022. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year.
Import of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.2 | 2.3 | 2.5 | 2.6 | -6.7% |
Spain | 4.7 | 3.7 | 3.9 | 2.5 | -19.0% |
China | 5.0 | 1.1 | 2.3 | 1.9 | -27.6% |
France | 0.3 | 0.1 | 0.1 | 0.3 | 0.0% |
Canada | N/A | 0.2 | 0.3 | 0.1 | -29.3% |
Japan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Germany | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 13.4 | 7.7 | 9.4 | 7.9 | -16.1% |
Top Suppliers of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine to Hong Kong SAR in 2022:
- Italy (292.7 tons)
- Spain (274.9 tons)
- China (215.9 tons)
- France (28.0 tons)
- Canada (16.6 tons)
- Japan (16.4 tons)
- Germany (14.3 tons)
Exports of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR
In 2022, the amount of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) exported from Hong Kong SAR contracted remarkably to 45 tons, waning by -25.5% on the previous year's figure. Overall, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year.
In value terms, exports of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) shrank dramatically to $511K in 2022. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5.7% against the previous year.
Export of Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 1,930 | 734 | 758 | 508 | -35.9% |
China | 181 | N/A | N/A | 2.8 | -75.1% |
Others | 16.2 | N/A | 17.8 | N/A | 4.8% |
Total | 2,127 | 734 | 776 | 511 | -37.8% |
Top Export Markets for Salted, Dried, or Smoked Hams, Shoulders and Cuts of Swine from Hong Kong SAR in 2022:
- Macao SAR (45.2 tons)
- China (0.2 tons)
This report provides an in-depth analysis of the market for salted, dried, or smoked hams, shoulders and cuts of swine in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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