![Hong Kong SAR, China - Sausages And Similar Products Of Meat - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/hong-kong-sar-china-sausages-and-similar-products-of-meat-market-analysis-forecast-size-trends-and-insights.webp)
Hong Kong SAR, China - Sausages And Similar Products Of Meat - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSausage Price in Hong Kong SAR - 2023
Contents:
- Sausage Price in Hong Kong SAR (CIF) - 2023
- Sausage Price in Hong Kong SAR (FOB) - 2023
- Sausage Imports in Hong Kong SAR
- Sausage Exports in Hong Kong SAR
Sausage Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average sausage import price amounted to $4,327 per ton, with an increase of 4.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 20% against the previous month. The import price peaked at $5,062 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($23,652 per ton), while the price for Brazil ($1,992 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sausage Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average sausage export price amounted to $4,025 per ton, falling by -4% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 40% month-to-month. As a result, the export price reached the peak level of $5,439 per ton. From January 2023 to June 2023, the the average 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 June 2022 to June 2023, the rate of growth in terms of prices for Macao SAR amounted to -0.3% per month.
Sausage Imports in Hong Kong SAR
In 2022, imports of sausages and similar products of meat into Hong Kong SAR declined to 16K tons, with a decrease of -6.3% against 2021. Overall, imports recorded a abrupt descent. The smallest decline of -3.6% was in 2020.
In value terms, sausage imports declined to $70M in 2022. In general, imports saw a slight setback. The pace of growth appeared the most rapid in 2020 with an increase of 6.9% against the previous year. As a result, imports reached the peak of $77M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Sausage in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.3 | 32.6 | 29.8 | 27.2 | -2.4% |
China | 25.5 | 24.7 | 27.8 | 25.8 | 0.4% |
Japan | 3.6 | 3.6 | 2.9 | 1.8 | -20.6% |
France | 1.0 | 1.5 | 1.5 | 1.5 | 14.5% |
Poland | 0.9 | 0.8 | 0.8 | 1.3 | 13.0% |
Others | 11.9 | 14.1 | 11.7 | 12.0 | 0.3% |
Total | 72.3 | 77.3 | 74.4 | 69.6 | -1.3% |
Top Suppliers of Sausage to Hong Kong SAR in 2022:
- United States (7.7K tons)
- China (6.1K tons)
- Poland (0.4K tons)
- France (0.3K tons)
- Japan (0.2K tons)
Sausage Exports in Hong Kong SAR
In 2022, overseas shipments of sausages and similar products of meat decreased by -13.4% to 2.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 237%. As a result, the exports reached the peak of 9.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sausage exports shrank remarkably to $8.2M in 2022. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 286% against the previous year. As a result, the exports reached the peak of $41M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Sausage in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 10.0 | 40.6 | 11.6 | 8.1 | -6.8% |
China | 0.5 | 0.3 | 0.1 | 0.1 | -41.5% |
Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
Total | 10.6 | 40.9 | 11.7 | 8.2 | -8.2% |
Top Export Markets for Sausage from Hong Kong SAR in 2022:
- Macao SAR (2108.3 tons)
- China (12.4 tons)
This report provides an in-depth analysis of the sausage market 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 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
- Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the sausage market in Hong Kong SAR, China.
This report provides an in-depth analysis of the meat dishes market in Hong Kong SAR, China.
This report provides an in-depth analysis of the processed meat market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global sausage market.
This report provides an in-depth analysis of the global meat dishes market.
This report provides an in-depth analysis of the global processed meat market.
This report provides an in-depth analysis of the sausage market in Hong Kong SAR, China.
This report provides an in-depth analysis of the meat dishes market in Hong Kong SAR, China.
This report provides an in-depth analysis of the processed meat market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global sausage market.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.