Price for Sheep and Goats; Live in Hong Kong SAR - 2023
Contents:
- Price for Sheep and Goats; Live in Hong Kong SAR (CIF) - 2022
- Imports of Sheep and Goats; Live in Hong Kong SAR
Price for Sheep and Goats; Live in Hong Kong SAR (CIF) - 2022
The average sheep and goats; live import price stood at $344 per unit in 2022, growing by 9% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goats; live import price increased by +57.2% against 2017 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, 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 +8.3% per year.
Imports of Sheep and Goats; Live in Hong Kong SAR
In 2022, the amount of sheep and goats; live imported into Hong Kong SAR fell markedly to 1.3K units, reducing by -24.3% on the previous year's figure. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 1.7K units, and then fell markedly in the following year.
In value terms, sheep and goats; live imports dropped significantly to $451K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $547K, and then reduced rapidly in the following year.
| Import of Sheep and Goats; Live in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 448 | 419 | 516 | 451 | 0.2% |
| Thailand | 1.4 | 2.0 | 3.9 | N/A | 66.9% |
| United States | N/A | N/A | 22.9 | N/A | 0% |
| Others | N/A | N/A | 3.8 | N/A | 0% |
| Total | 450 | 421 | 547 | 451 | 0.1% |
Top Suppliers of Sheep and Goats; Live to Hong Kong SAR in 2022:
- China (1.3K units)
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