Hong Kong SAR, China - Woven Fabrics Of Cotton - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCotton Fabric Price in Hong Kong SAR - 2023
Contents:
- Cotton Fabric Price in Hong Kong SAR (FOB) - 2023
- Cotton Fabric Price in Hong Kong SAR (CIF) - 2022
- Cotton Fabric Exports in Hong Kong SAR
- Cotton Fabric Imports in Hong Kong SAR
Cotton Fabric Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average cotton fabric export price amounted to $1.9 per square meter, dropping by -9.3% against the previous month. Over the period under review, the export price recorded a mild slump. The pace of growth was the most pronounced in May 2023 an increase of 10% against the previous month. The export price peaked at $2.3 per square meter in January 2023; however, from February 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Indonesia ($9.9 per square meter), while the average price for exports to China ($2.9 per square meter) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton Fabric Price in Hong Kong SAR (CIF) - 2022
The average cotton fabric import price stood at $1.8 per square meter in 2022, with an increase of 11% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1.8 per square meter in 2014; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6.4 per square meter), while the price for China ($1.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Cotton Fabric Exports in Hong Kong SAR
Cotton fabric exports from Hong Kong SAR fell markedly to 127M square meters in 2022, dropping by -45.5% on the previous year's figure. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. The exports peaked at 348M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, cotton fabric exports shrank dramatically to $263M in 2022. In general, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs at $645M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Cotton Fabric in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 288 | 165 | 180 | 97.7 | -30.3% |
Vietnam | 102 | 71.1 | 73.3 | 45.7 | -23.5% |
Bangladesh | 91.0 | 63.6 | 82.0 | 44.0 | -21.5% |
Indonesia | 48.2 | 28.3 | 38.1 | 25.4 | -19.2% |
Cambodia | 29.9 | 20.6 | 21.1 | 13.8 | -22.7% |
Sri Lanka | 15.1 | 9.5 | 9.3 | 8.3 | -18.1% |
Others | 70.9 | 31.1 | 35.1 | 28.3 | -26.4% |
Total | 645 | 389 | 439 | 263 | -25.8% |
Top Export Markets for Cotton Fabric from Hong Kong SAR in 2022:
- China (47.2M square meters)
- Bangladesh (22.5M square meters)
- Vietnam (20.4M square meters)
- Indonesia (11.2M square meters)
- Cambodia (9.3M square meters)
- Sri Lanka (4.6M square meters)
Cotton Fabric Imports in Hong Kong SAR
In 2022, approx. 128M square meters of woven fabrics of cotton were imported into Hong Kong SAR; with a decrease of -48.8% compared with 2021. In general, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 14%. Imports peaked at 401M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cotton fabric imports reduced notably to $231M in 2022. Over the period under review, imports showed a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked at $589M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Cotton Fabric in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 433 | 248 | 282 | 142 | -31.0% |
Italy | 26.8 | 18.0 | 22.5 | 17.9 | -12.6% |
Taiwan (Chinese) | 18.4 | 13.5 | 20.8 | 17.7 | -1.3% |
Japan | 33.1 | 25.4 | 19.9 | 13.5 | -25.8% |
Turkey | 31.6 | 21.2 | 19.5 | 10.4 | -31.0% |
Vietnam | 11.0 | 6.7 | 9.3 | 5.3 | -21.6% |
Pakistan | 5.0 | 4.4 | 6.8 | 4.9 | -0.7% |
Others | 30.1 | 19.7 | 24.6 | 18.9 | -14.4% |
Total | 589 | 357 | 406 | 231 | -26.8% |
Top Suppliers of Cotton Fabric to Hong Kong SAR in 2022:
- China (94.3M square meters)
- Taiwan (Chinese) (11.3M square meters)
- Turkey (3.8M square meters)
- Japan (3.7M square meters)
- Vietnam (3.4M square meters)
- Italy (2.8M square meters)
- Pakistan (2.5M square meters)
This report provides an in-depth analysis of the cotton fabric market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13202020 - Woven fabrics of cotton weighing . .100 g/m., for medical gauzes, bandages and dressings
- Prodcom 13202060 - Woven fabrics of denim cotton weighing > .200 g/m. (including denim other than blue)
- Prodcom 132020Z1 - Cotton fabrics, . .200 g/m. (excluding gauze and coloured yarns)
- Prodcom 132020Z2 - Cotton fabrics, > .200 g/m. (excluding coloured yarns)
- Prodcom 132020Z3 - Woven fabrics of cotton of yarns of different colours (excluding denim)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cotton fabric market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global cotton fabric market.
This report provides an in-depth analysis of the cotton fabric market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global cotton fabric market.
Discover the top import markets for cotton fabric around the world and learn about the key statistics and trends driving the industry. From Bangladesh to Mexico, find out which countries lead the global market for this versatile material.
The global textile industry is worth an estimated $1.3 trillion USD and employs over 60 million people around the world. The industry is forecast to grow at a rate of 3-4% per year over the next few years.
In value terms, woven fabrics of cotton containing X% and more by weight imports stood at $X in 2016. In general, woven fabrics of cotton containing X% and more by weight imports continue to indica...
In value terms, woven fabrics of cotton containing X% and more by weight exports stood at $X in 2016. In general, woven fabrics of cotton containing X% and more by weight exports continue to indi...
Global cotton fabric imports totaled X tons in 2016, remaining relatively unchanged against the previous year level. In general, cotton fabric imports continue to indicate a slight shrinkage. The...
Global cotton fabric imports totaled X tons in 2016, remaining relatively unchanged against the previous year level. In general, cotton fabric imports continue to indicate a slight shrinkage. The...
Discover the top import markets for cotton fabric around the world and learn about the key statistics and trends driving the industry. From Bangladesh to Mexico, find out which countries lead the global market for this versatile material.
The global textile industry is worth an estimated $1.3 trillion USD and employs over 60 million people around the world. The industry is forecast to grow at a rate of 3-4% per year over the next few years.
In value terms, woven fabrics of cotton containing X% and more by weight imports stood at $X in 2016. In general, woven fabrics of cotton containing X% and more by weight imports continue to indica...
In value terms, woven fabrics of cotton containing X% and more by weight exports stood at $X in 2016. In general, woven fabrics of cotton containing X% and more by weight exports continue to indi...