Hong Kong SAR, China - Duck And Goose Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Duck and Goose Meat in Hong Kong SAR - 2023
Contents:
- Price for Duck and Goose Meat in Hong Kong SAR (CIF) - 2023
- Price for Duck and Goose Meat in Hong Kong SAR (FOB) - 2023
- Imports of Duck and Goose Meat in Hong Kong SAR
- Exports of Duck and Goose Meat in Hong Kong SAR
Price for Duck and Goose Meat in Hong Kong SAR (CIF) - 2023
The average duck and goose meat import price stood at $4,201 per ton in September 2023, approximately equating the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 8.5% against the previous month. As a result, import price reached the peak level of $4,237 per ton; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Hungary ($5,724 per ton), while the price for Vietnam ($1,494 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Duck and Goose Meat in Hong Kong SAR (FOB) - 2023
In September 2023, the average duck and goose meat export price amounted to $2,446 per ton, which is down by -40.8% against the previous month. In general, the export price saw a perceptible slump. The most prominent rate of growth was recorded in June 2023 an increase of 67% m-o-m. The export price peaked at $6,442 per ton in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($4,210 per ton), while the average price for exports to Vietnam stood at $1,641 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Duck and Goose Meat in Hong Kong SAR
In 2022, approx. 37K tons of duck and goose meat were imported into Hong Kong SAR; falling by -5% on the year before. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 0.6%.
In value terms, duck and goose meat imports reached $145M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Duck and Goose Meat in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 61.7 | 74.5 | 123 | 139 | 31.1% |
Poland | 9.8 | 2.9 | 4.3 | 1.8 | -43.2% |
France | 16.5 | 11.2 | 3.7 | 1.6 | -54.1% |
Hungary | 8.4 | 2.9 | 7.3 | 1.6 | -42.5% |
Others | 4.7 | 3.2 | 1.7 | 1.3 | -34.8% |
Total | 101 | 94.8 | 140 | 145 | 12.8% |
Top Suppliers of Duck and Goose Meat to Hong Kong SAR in 2022:
- China (35.6K tons)
- Poland (0.7K tons)
- France (0.4K tons)
- Hungary (0.3K tons)
Exports of Duck and Goose Meat in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of duck and goose meat, which decreased by -27.6% to 383 tons in 2022. Overall, exports saw a significant contraction.
In value terms, duck and goose meat exports contracted notably to $1.8M in 2022. Over the period under review, exports recorded a precipitous decrease.
Export of Duck and Goose Meat in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 2.9 | 2.3 | 2.3 | 1.5 | -19.7% |
South Korea | 1.4 | N/A | N/A | 0.2 | -47.7% |
Vietnam | 1.1 | 0.1 | 0.1 | 0.1 | -55.0% |
Thailand | N/A | N/A | N/A | N/A | 0% |
Philippines | 0.5 | N/A | N/A | N/A | 0% |
Taiwan (Chinese) | 1.6 | 2.9 | N/A | N/A | 81.2% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 7.7 | 5.5 | 2.5 | 1.8 | -38.4% |
Top Export Markets for Duck and Goose Meat from Hong Kong SAR in 2022:
- Macao SAR (276.1 tons)
- South Korea (85.4 tons)
- Vietnam (14.2 tons)
- Thailand (6.0 tons)
- Philippines (1.0 tons)
This report provides an in-depth analysis of the market for duck and goose meat 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:
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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