Hong Kong SAR, China: Poultry Market 2025

Poultry Market Size in Hong Kong SAR, China

The Hong Kong poultry market skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Poultry consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Poultry Production in Hong Kong SAR, China

In value terms, poultry production rose rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

The average yield of poultry in Hong Kong SAR soared to X kg per head in 2022, growing by X% compared with 2021 figures. Over the period under review, the yield, however, recorded a deep reduction. The poultry yield peaked at X kg per head in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure.

In 2022, number of animals slaughtered for poultry production in Hong Kong SAR stood at X heads, therefore, remained relatively stable against the previous year. Overall, the total number of producing animals indicated measured growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, number of animals slaughtered for poultry production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The number of animals slaughtered for poultry production peaked at X heads in 2020; however, from 2021 to 2022, producing animals remained at a lower figure.

Poultry Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of poultry decreased by X% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, poultry exports declined markedly to $X in 2022. In general, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of 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 poultry exports from Hong Kong SAR, with a combined X% share of total exports. Malaysia, Thailand, Vietnam and China lagged somewhat behind, together comprising a further X%.

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 X%), while the other leaders experienced more modest paces of growth.

In value terms, Macao SAR ($X), Taiwan (Chinese) ($X) and South Korea ($X) constituted the largest markets for poultry exported from Hong Kong SAR worldwide, together accounting for X% of total exports. Thailand, China, Malaysia and Vietnam lagged somewhat behind, together accounting for a further X%.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to South Korea ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Imports

Imports into Hong Kong SAR, China

In 2022, the amount of poultry imported into Hong Kong SAR declined significantly to X tons, which is down by X% compared with the previous year. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, poultry imports dropped to $X in 2022. Overall, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of poultry to Hong Kong SAR, accounting for a X% share of total imports. Moreover, poultry imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of poultry to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the average poultry import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 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 China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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