Hong Kong SAR, China: Animal Guts Market 2025

Animal Guts Market Size in Hong Kong SAR, China

After two years of growth, the Hong Kong animal guts market decreased by -7.8% to $X in 2022. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Animal Guts Production in Hong Kong SAR, China

In value terms, animal guts production reduced to $X in 2022 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +13.3% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of 38% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Animal Guts Exports

Exports from Hong Kong SAR, China

In 2022, the amount of guts, bladders and stomachs of animals exported from Hong Kong SAR declined sharply to X tons, with a decrease of -20% on 2021 figures. Overall, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2018 when exports increased by 5,979%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, animal guts exports surged to $X in 2022. Over the period under review, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 4,257%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for animal guts exports from Hong Kong SAR, accounting for a 90% share of total exports. Moreover, animal guts exports to the Netherlands exceeded the volume sent to the second major destination, Macao SAR (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for guts, bladders and stomachs of animals exports from Hong Kong SAR, comprising 82% of total exports. The second position in the ranking was taken by Macao SAR ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2022, the average animal guts export price amounted to $X per ton, jumping by 169% against the previous year. Overall, the export price showed a buoyant expansion. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+52.9%), while the prices for the other major destinations experienced a decline.

Animal Guts Imports

Imports into Hong Kong SAR, China

Animal guts imports into Hong Kong SAR soared to X tons in 2022, growing by 20% on the year before. Over the period under review, imports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2018 when imports increased by 240%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, animal guts imports surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 368%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Spain (X tons) and Japan (X tons) were the main suppliers of animal guts imports to Hong Kong SAR, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +50.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of guts, bladders and stomachs of animals to Hong Kong SAR, comprising 65% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by Japan, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+24.2% per year) and Japan (+34.1% per year).

Import Prices by Country

In 2022, the average animal guts import price amounted to $X per ton, surging by 6.8% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2013 when the average import price increased by 230%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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