Hong Kong SAR, China: Frozen Chicken Cut Market 2025

Frozen Chicken Cut Market Size in Hong Kong SAR, China

In 2022, the Hong Kong frozen chicken cut market decreased by -22.8% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a perceptible decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Frozen Chicken Cut Exports

Exports from Hong Kong SAR, China

In 2022, approx. X tons of frozen cuts of chicken were exported from Hong Kong SAR; waning by -28.7% on the previous year. In general, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 64% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen chicken cut exports contracted significantly to $X in 2022. Overall, exports showed a precipitous setback. The pace of growth was the most pronounced in 2014 with an increase of 29% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and Macao SAR (X tons) were the main destinations of frozen chicken cut exports from Hong Kong SAR, with a combined 85% share of total exports. Malaysia, Thailand and Vietnam lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +69.5%), while the other leaders experienced more modest paces of growth.

In value terms, Macao SAR ($X), Taiwan (Chinese) ($X) and South Korea ($X) were the largest markets for frozen chicken cut exported from Hong Kong SAR worldwide, together comprising 83% of total exports. Thailand, Malaysia and Vietnam lagged somewhat behind, together accounting for a further 11%.

Among the main countries of destination, Malaysia, with a CAGR of +51.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average frozen chicken cut export price amounted to $X per ton, rising by 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2013 an increase of 45%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Chicken Cut Imports

Imports into Hong Kong SAR, China

In 2022, imports of frozen cuts of chicken into Hong Kong SAR reduced remarkably to X tons, declining by -33.1% against 2021. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 19%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen chicken cut imports fell rapidly to $X in 2022. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 33% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of frozen chicken cut imports to Hong Kong SAR, together comprising 86% of total imports. Thailand, Poland, the UK and the Netherlands lagged somewhat behind, together comprising a further 8.6%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +2.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest frozen chicken cut suppliers to Hong Kong SAR were China ($X), Brazil ($X) and Thailand ($X), together accounting for 82% of total imports.

Among the main suppliers, Thailand, with a CAGR of +6.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average frozen chicken cut import price stood at $X per ton in 2022, increasing by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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