Market research

Pig fat free of lean meat and poultry fat market in Hong Kong

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market volume for pig fat free of lean meat and poultry fat in Hong Kong varied significantly between 2018 and 2023. After growing to 7 357 t in 2019, it contracted to 5 793 t in 2020 and moved within a range of 5 500 t to 5 800 t through 2022. In 2023, the volume declined further to 5 290 t.

This 2023 decrease coincided with a forecasted slight reduction in total live pig supply from Mainland China, which constrained production. Concurrently, the Hong Kong government utilized central frozen pork reserves to stabilize pig prices, supporting overall pork demand. Pig farms also adopted traceability technologies like ear tags to enhance food safety and product quality.

In 2024, consumer preferences continued shifting toward chilled and frozen meat products due to their price competitiveness and convenience. Stable pork prices relative to rising beef and poultry costs, along with the government's ongoing use of frozen pork reserves, influenced meat consumption patterns.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hong Kong
  1. 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Hong Kong in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production pig fat free of lean meat and poultry fat in Hong Kong

In kind, 2017-2020, t

Top producers of pig fat free of lean meat and poultry fat, 2017-2020

Source: SHEV.io

World map of production of pig fat free of lean meat and poultry fat, 2017-2020

Source: SHEV.io

In 2020, Hong Kong produced 4 588 tonnes of pig fat free of lean meat and poultry fat. Production remained relatively stable compared to the previous year. The largest decline was recorded in 2018 at 0.0%, while the largest increase also occurred in 2018 at 0.0%.

Annual dynamics of production in Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports pig fat free of lean meat and poultry fat from Hong Kong

Exports in kind, t

Exports of pig fat free of lean meat and poultry fat from Hong Kong increased for the third consecutive year. In 2020, exports reached 116 tonnes, marking a significant year-on-year rise of 129.0%. Between 2017 and 2020, exports surged by 2 968.9%, translating to an annualized growth rate of 213.1%.

Annual dynamics of product's exports from Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	879.5%	36.8%	129.0%	213.1%

Source: SHEV.io

From 2017 to 2020, Macao and Thailand accounted for the majority of Hong Kong's exports in kind, together representing 100.0% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The value of pig fat free of lean meat and poultry fat exports from Hong Kong rose for the third year in a row. In 2020, exports totaled 188 thousand US dollars, an 82.5% increase compared to the previous year. Over the 2017-2020 period, export value grew by 2 652.5%, with a compound annual growth rate of 201.9%.

Annual dynamics of product's exports from Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	585.0%	120.2%	82.5%	201.9%

Source: SHEV.io

Between 2017 and 2020, Macao and Thailand dominated the geographical structure of Hong Kong's exports in value terms, jointly accounting for 100.0% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in value, 2017-2020

Source: SHEV.io

Imports pig fat free of lean meat and poultry fat to Hong Kong

Imports in kind, t

After a two-year increase, Hong Kong's imports of pig fat free of lean meat and poultry fat declined. In 2020, imports amounted to 1 321 tonnes, a 53.2% decrease from 2019. Over the 2017-2020 period, imports fell by 15.2%, with a compound annual decline rate of 5.4%. The highest import volume was recorded in 2019 at 2 819 tonnes, which also saw the largest increase of 54.0%.

Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.5%	54.0%	(53.2%)	(5.4%)

Source: SHEV.io

From 2017 to 2020, Poland (57.2% of imports in kind), Canada (13.8%), and Spain (9.2%) were the main sources in the geographical breakdown of pig fat free of lean meat and poultry fat imports to Hong Kong, together making up 80.2% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The data shows irregular changes, indicating a volatile market environment. Imports peaked in 2019 and reached their lowest point in 2017, with a 2.3-fold difference between these years. In 2020, deliveries of pig fat free of lean meat and poultry fat to Hong Kong reached 2 292 thousand US dollars, a 41.5% decrease from 2019. The maximum value was recorded in 2019 at 3 915 thousand US dollars, which also experienced the largest increase of 105.9%.

Annual dynamics of product's imports to Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.4%	105.9%	(41.5%)	9.7%

Source: SHEV.io

Over the 2017-2020 period, Poland (54.6% of imports in value terms), Canada (18.4%), and Spain (7.4%) were the primary suppliers of pig fat free of lean meat and poultry fat to Hong Kong, jointly accounting for 80.4% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in value, 2017-2020

Source: SHEV.io