Earlier Report Observations
The market for edible pig offal in Hong Kong displayed considerable volatility in volume between 2018 and 2023. The period began with a stable market size of around 9 830 tons in 2018, which grew slightly to 9 985 tons the following year. This was followed by a moderate decline to 9 730 tons in 2020.
A pronounced downturn occurred in 2021, with the market volume contracting sharply to 8 328 tons. This was followed by a strong rebound to 9 642 tons in 2022. However, the recovery was short-lived, as the market volume fell again to 8 706 tons in 2023, concluding the period below its starting level.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Hong Kong
- 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Hong Kong in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Hong Kong
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production pig offal in Hong Kong
In kind, 2017-2020, t
Top producers of pig offal, 2017-2020
World map of production of pig offal, 2017-2020
In 2020, Hong Kong produced 9,529 tonnes of pig offal, remaining virtually unchanged from the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded 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 | - | - | - | - |
Exports pig offal from Hong Kong
Exports in kind, t
The data reveals irregular changes, indicating a volatile market environment. Volumes dropped to their minimum in 2017 and climbed to their maximum in 2018, representing a 95-fold shift. In 2020, pig offal exports from Hong Kong reached 19 tonnes, marking a sharp contraction of 96.7% year-over-year. The maximum value was recorded in 2018 at 896 tonnes, with the largest increase also in 2018 at 9,415.8%.
Annual dynamics of product's exports from Hong Kong in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9 415.8% | (35.6%) | (96.7%) | 26.1% |
From 2017 to 2020, virtually all pig offal exports from Hong Kong were associated with Vietnam, which accounted for 99.9% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Hong Kong in kind, 2017-2020
Exports in value, K $ US
The market exhibited an unstable trend throughout the timeframe. Exports fell from a peak in 2019 to a trough in 2020, changing by 209 times. In 2020, Hong Kong exported $37,000 US of pig offal, equivalent to a decrease of 99.5% compared to the previous year. The maximum value was recorded in 2019 at $7,775,000 US, while the largest increase occurred in 2018 at 4,257.0%.
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 | 4 257.0% | 247.7% | (99.5%) | (10.2%) |
From 2017 to 2020, dependence on Vietnam was pronounced, with this market accounting for 99.6% of total pig offal exports from Hong Kong in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Hong Kong in value, 2017-2020
Imports pig offal to Hong Kong
Imports in kind, t
The market showed signs of volatility over the observed period. Imports fell to their lowest point in 2017 and peaked in 2018, with an amplitude of 8.8 times. In 2020, Hong Kong imported 220 tonnes of pig offal, showing a decrease of 78.7% over the past year. The maximum value was recorded in 2018 at 1,196 tonnes, and the largest increase was also in 2018 at 779.9%.
Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 779.9% | (13.7%) | (78.7%) | 17.4% |
Throughout 2017 to 2020, China was the main supplier of pig offal to Hong Kong, taking 84.3% of total imports in kind, while other partners had relatively modest shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Hong Kong in kind, 2017-2020
Imports in value, K $ US
The market showed signs of volatility over the observed period. Imports varied from a low in 2017 to a high in 2019, with a 10-fold difference. In 2020, Hong Kong's pig offal imports amounted to $1,538,000 US, equivalent to a sudden decrease of 85.9% year-over-year. The maximum value was recorded in 2019 at $10,900,000 US, and the largest increase occurred in 2018 at 352.4%.
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 | 352.4% | 120.8% | (85.9%) | 12.1% |
From 2017 to 2020, imports in value terms of pig offal to Hong Kong were largely concentrated on China, which accounted for 84.9% of total flows; other countries together formed the residual share.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Hong Kong in value, 2017-2020
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