Market research

Pork 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 pork market in Hong Kong saw a decline in physical volume from 333.5 thousand tonnes in 2018 to 272.9 thousand tonnes in 2023, though with significant annual fluctuations. In value terms, the market was more volatile, peaking at 1.06 billion US dollars in 2020 before contracting in subsequent years.

Market volume dropped sharply in 2019, recovered in 2020, and then fell again to a low of 269.4 thousand tonnes in 2022. The following year brought a modest rebound to 272.9 thousand tonnes. Value followed a similar pattern, but the 2020 surge in spending was particularly pronounced.

Despite the lower volume in 2023 compared to 2018, the market's value in 2023 reached 910.8 million US dollars, higher than in 2022, indicating shifts in pricing or product mix.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. 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, K 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, K 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, K 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, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, M $ 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, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, M $ 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, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, M $ 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, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, M $ 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, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ 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 pork in Hong Kong

In kind, 2017-2020, K t

Top producers of pork, 2017-2020

Source: SHEV.io

World map of production of pork, 2017-2020

Source: SHEV.io

In 2020, Hong Kong produced 120.0 thousand tons of pork, showing minimal change compared to 2019. 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, K t

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

Source: SHEV.io

In value, 2017-2020, M $ US

Pork production in Hong Kong increased for the second consecutive year. In 2020, the output was valued at 351.7 million US dollars, marking a rise of 21.2% compared to 2019. Over the period from 2017 to 2020, production decreased by 6.4%, with a compound annual growth rate of 2.2%. The minimum value was recorded in 2018 at 275.0 million US dollars, with the largest decline that year at 26.8%.

Annual dynamics of production in Hong Kong in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.8%)	5.5%	21.2%	(2.2%)

Source: SHEV.io

Exports pork from Hong Kong

Exports in kind, K t

Cross-border shipments of pork from Hong Kong declined for the third consecutive year. In 2020, the export volume totaled 18.6 thousand tons, representing a decline of 29.7% relative to the previous year. Over the period from 2017 to 2020, exports decreased by 86.4%, with a compound annual growth rate of 48.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(72.7%)	(29.0%)	(29.7%)	(48.6%)

Source: SHEV.io

From 2017 to 2020, Asia (not elsewhere specified) accounted for 41.6% of pork exports in kind from Hong Kong, Macao for 30.5%, and China for 16.6%. Together, these three regions played the leading roles, jointly taking 88.7% of total export 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, M $ US

Hong Kong's pork exports declined in value for the third consecutive year. In 2020, exports amounted to 54.4 million US dollars, down by 14.8% compared to 2019. Between 2017 and 2020, exports decreased by 87.3%, equating to an annualized rate of 49.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(80.0%)	(25.1%)	(14.8%)	(49.7%)

Source: SHEV.io

From 2017 to 2020, Asia (not elsewhere specified) and Macao jointly absorbed 86.4% of Hong Kong's total pork exports in value terms, with the remaining volume scattered across smaller markets.

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 pork to Hong Kong

Imports in kind, K t

After a two-year decrease, pork imports to Hong Kong increased. In 2020, Hong Kong imported 228.3 thousand tons of pork, corresponding to a robust increase of 13.5% compared to 2019. Over the period from 2017 to 2020, imports decreased by 36.5%, with a compound annual growth rate of 14.0%. The minimum value was recorded in 2019 at 201.1 thousand tons, while the largest decline occurred in 2018 at 30.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(30.2%)	(19.8%)	13.5%	(14.0%)

Source: SHEV.io

From 2017 to 2020, Brazil (40.8% of imports in kind), China (12.3%), and the United States (10.9%) continued to be the main suppliers of pork to Hong Kong, jointly forming 63.9% of total imports in kind.

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, M $ US

After a two-year fall, pork imports to Hong Kong increased. In 2020, imports stood at 764.4 million US dollars, reflecting a sharp uptick of 29.0% compared with 2019. Over the period from 2017 to 2020, imports decreased by 22.5%, with a compound annual growth rate of 8.1%. The minimum value was recorded in 2019 at 592.8 million US dollars, with the largest decline in 2018 at 31.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(31.6%)	(12.1%)	29.0%	(8.1%)

Source: SHEV.io

Over 2017 to 2020, Brazil (32.5% of imports in value terms), China (19.9%), and the United States (8.7%) remained the leading sources in Hong Kong's pork import structure, with a combined share of 61.2% of total flows.

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