Price for Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR - 2023

Contents:

1. Price for Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR (CIF) - 2022
2. Price for Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR (FOB) - 2022
3. Imports of Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR
4. Exports of Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR

Price for Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR (CIF) - 2022

The average import price for reptiles; live (including snakes and turtles)s stood at $12 per unit in 2022, surging by 22% against the previous year. Over the period under review, the import price posted buoyant growth. The growth pace was the most rapid in 2013 when the average import price increased by 52%. Over the period under review, average import prices attained the maximum at $12 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($31 per unit), while the price for Peru ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for reptiles; live (including snakes and turtles)s amounted to $15 per unit, dropping by -38.7% against the previous year. Overall, the export price, however, saw significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 518% against the previous year. Over the period under review, the average export prices attained the peak figure at $24 per unit in 2021, and then reduced dramatically in the following year.

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 Japan ($30 per unit), while the average price for exports to Taiwan (Chinese) ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+92.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR

In 2022, approx. 451K units of reptiles; live (including snakes and turtles)s were imported into Hong Kong SAR; picking up by 2.9% on 2021 figures. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of reptiles; live (including snakes and turtles)s surged to $5.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Reptiles; Live (Including Snakes and Turtles) to Hong Kong SAR in 2022:

1. Peru (165.5K units)
2. United States (105.2K units)
3. Ghana (46.0K units)
4. Seychelles (22.3K units)
5. China (15.7K units)
6. El Salvador (9.7K units)
7. Netherlands (9.2K units)
8. Taiwan (Chinese) (9.2K units)
9. Poland (8.3K units)
10. Mexico (7.9K units)
11. Nicaragua (7.0K units)
12. Indonesia (0.9K units)

Exports of Reptiles; Live (Including Snakes and Turtles) in Hong Kong SAR

In 2022, after two years of decline, there was significant growth in overseas shipments of reptiles; live (including snakes and turtles)s, when their volume increased by 169% to 158K units. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports of attained the peak figure at 205K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of reptiles; live (including snakes and turtles)s surged to $2.4M in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The exports peaked at $2.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Reptiles; Live (Including Snakes and Turtles) from Hong Kong SAR in 2022:

1. Macao SAR (93.5K units)
2. Taiwan (Chinese) (40.3K units)
3. Japan (14.3K units)
4. South Korea (4.0K units)
5. Malaysia (2.7K units)
6. Indonesia (0.7K units)
7. United States (0.1K units)

Source: IndexBox Market Intelligence Platform