Hong Kong SAR, China - Woven Pile Fabrics And Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Pile and Chenille Fabric in Hong Kong SAR - 2023
Contents:
- Price for Pile and Chenille Fabric in Hong Kong SAR (CIF) - 2023
- Price for Pile and Chenille Fabric in Hong Kong SAR (FOB) - 2022
- Imports of Pile and Chenille Fabric in Hong Kong SAR
- Exports of Pile and Chenille Fabric in Hong Kong SAR
Price for Pile and Chenille Fabric in Hong Kong SAR (CIF) - 2023
The average pile and chenille fabric import price stood at $46,376 per ton in June 2023, growing by 119% against the previous month. Over the period under review, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was South Korea ($84,091 per ton), while the price for Vietnam ($8,778 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pile and Chenille Fabric in Hong Kong SAR (FOB) - 2022
The average pile and chenille fabric export price stood at $35,092 per ton in 2022, picking up by 65% against the previous year. Overall, the export price showed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($82,451 per ton), while the average price for exports to Kenya ($617 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pile and Chenille Fabric in Hong Kong SAR
In 2022, the amount of woven pile fabrics and chenille fabrics imported into Hong Kong SAR fell rapidly to 1.5K tons, declining by -15.6% on 2021. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 6.5%.
In value terms, pile and chenille fabric imports rose rapidly to $55M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Pile and Chenille Fabric in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 18.1 | 20.9 | 24.5 | 29.0 | 17.0% |
Turkey | 3.2 | 3.8 | 4.6 | 5.7 | 21.2% |
France | 3.2 | 3.8 | 4.6 | 5.7 | 21.2% |
Italy | 4.0 | 4.0 | 4.5 | 5.2 | 9.1% |
China | 8.6 | 5.0 | 7.8 | 3.2 | -28.1% |
United States | 2.6 | 1.9 | 1.4 | 1.4 | -18.6% |
Germany | 0.4 | 0.4 | 0.4 | 0.6 | 14.5% |
Netherlands | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 3.8 | 3.5 | 3.8 | 4.3 | 4.2% |
Total | 44.1 | 43.4 | 51.9 | 55.2 | 7.8% |
Top Suppliers of Pile and Chenille Fabric to Hong Kong SAR in 2022:
- South Korea (902.4 tons)
- China (240.8 tons)
- Turkey (70.9 tons)
- United States (58.5 tons)
- Germany (47.9 tons)
- Netherlands (39.4 tons)
- Italy (37.5 tons)
- France (28.9 tons)
Exports of Pile and Chenille Fabric in Hong Kong SAR
Pile and chenille fabric exports from Hong Kong SAR shrank dramatically to 215 tons in 2022, which is down by -51.7% compared with the previous year. Overall, exports saw a precipitous setback. The smallest decline of -20.1% was in 2021.
In value terms, pile and chenille fabric exports declined dramatically to $7.5M in 2022. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 19%.
Export of Pile and Chenille Fabric in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7,055 | 3,254 | 5,188 | 5,065 | -10.5% |
Bangladesh | 1,819 | 1,352 | 1,115 | 345 | -42.5% |
Myanmar | 382 | 323 | 370 | 318 | -5.9% |
Sri Lanka | 527 | 305 | 497 | 255 | -21.5% |
India | 26.7 | 77.1 | 254 | 232 | 105.6% |
United States | 177 | 91.6 | 58.6 | 90.1 | -20.2% |
Indonesia | 634 | 189 | 184 | 82.1 | -49.4% |
Vietnam | 914 | 1,271 | 541 | 77.5 | -56.1% |
Cambodia | 234 | 17.9 | 185 | 15.2 | -59.8% |
Kenya | 23.1 | 16.8 | 12.2 | 8.8 | -27.5% |
Others | 1,076 | 1,035 | 1,061 | 1,047 | -0.9% |
Total | 12,867 | 7,932 | 9,465 | 7,534 | -16.3% |
Top Export Markets for Pile and Chenille Fabric from Hong Kong SAR in 2022:
- China (61.4 tons)
- Sri Lanka (40.6 tons)
- Bangladesh (37.3 tons)
- Myanmar (19.0 tons)
- India (16.4 tons)
- Kenya (14.3 tons)
- United States (6.6 tons)
- Vietnam (5.0 tons)
- Indonesia (4.6 tons)
- Cambodia (1.0 tons)
This report provides an in-depth analysis of the market for pile and chenille fabric 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 13204100 - Warp and weft pile fabrics, chenille fabrics (excluding terry towelling and similar woven terry fabrics of cotton, tufted textile fabrics, narrow fabrics)
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
-
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 market for pile and chenille fabric in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for pile and chenille fabric.
This report provides an in-depth analysis of the market for pile and chenille fabric in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for pile and chenille fabric.
Global pile and chenille fabric imports amounted to X tons in 2016, approximately equating the previous year level. In general, pile and chenille fabric imports continue to indicate a relatively ...
Global pile and chenille fabric imports amounted to X tons in 2016, approximately equating the previous year level. In general, pile and chenille fabric imports continue to indicate a relatively ...
Global pile and chenille fabric imports amounted to X tons in 2016, approximately equating the previous year level. In general, pile and chenille fabric imports continue to indicate a relatively ...
Global pile and chenille fabric imports amounted to X tons in 2016, approximately equating the previous year level. In general, pile and chenille fabric imports continue to indicate a relatively ...