Price for Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR - 2023
Contents:
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2023
- Price for Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (FOB) - 2022
- Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR
- Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (CIF) - 2023
The average import price for horses; live, other than pure-bred breeding animalses stood at $259K per unit in November 2023, approximately equating the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 14% against the previous month. Over the period under review, average import prices attained the peak figure at $265K per unit in April 2023; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($360K per unit), while the price for New Zealand ($167K per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for horses; live, other than pure-bred breeding animalses amounted to $85,949 per unit, growing by 20% against the previous year. Overall, the export price recorded a significant increase. The pace of growth was the most pronounced in 2018 an increase of 4,508%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +30.4% per year.
Imports of Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR
After three years of growth, overseas purchases of horses; live, other than pure-bred breeding animalses decreased by -13.3% to 2.9K units in 2022. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 22%. Over the period under review, imports of attained the maximum at 3.4K units in 2021, and then contracted in the following year.
In value terms, imports of horses; live, other than pure-bred breeding animalses fell remarkably to $712M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $855M, and then declined significantly in the following year.
| Import of Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 543 | 572 | 727 | 607 | 3.8% |
| Australia | 55.6 | 76.3 | 61.1 | 64.6 | 5.1% |
| United Kingdom | 36.8 | 36.3 | 35.5 | 26.7 | -10.1% |
| New Zealand | 31.7 | 13.1 | 28.2 | 11.9 | -27.9% |
| Others | 6.0 | 1.9 | 2.7 | 1.8 | -33.1% |
| Total | 673 | 700 | 855 | 712 | 1.9% |
Top Suppliers of Horses; Live, Other than Pure-Bred Breeding Animals to Hong Kong SAR in 2022:
- China (2473.0 units)
- Australia (285.0 units)
- United Kingdom (101.0 units)
- New Zealand (75.0 units)
Exports of Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR
In 2022, exports of horses; live, other than pure-bred breeding animalses from Hong Kong SAR contracted sharply to 6.7K units, waning by -32.9% compared with the year before. Overall, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 4.6%. The exports peaked at 11K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of horses; live, other than pure-bred breeding animalses fell sharply to $576M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $718M, and then shrank significantly in the following year.
| Export of Horses; Live, Other than Pure-Bred Breeding Animals in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 568 | 567 | 717 | 576 | 0.5% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 568 | 567 | 718 | 576 | 0.5% |
Top Export Markets for Horses; Live, Other than Pure-Bred Breeding Animals from Hong Kong SAR in 2022:
- China (6.6K units)
300
This report provides an in-depth analysis of the glass ampoules market in Hong Kong SAR, China.
644
This report provides an in-depth analysis of the global glass ampoules market.
507
Global Rubber Conveyor Belts Market Report 2018. This report provides an in-depth analysis of the global rubber conveyor belts market.
Nothing found. Please try again.
