Hong Kong SAR, China - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTextile Wadding Price in Hong Kong SAR - 2023
Contents:
- Textile Wadding Price in Hong Kong SAR (CIF) - 2023
- Textile Wadding Price in Hong Kong SAR (FOB) - 2023
- Textile Wadding Imports in Hong Kong SAR
- Textile Wadding Exports in Hong Kong SAR
Textile Wadding Price in Hong Kong SAR (CIF) - 2023
In August 2023, the average textile wadding import price amounted to $9,930 per ton, surging by 35% against the previous month. In general, import price indicated slight growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, textile wadding import price increased by +57.0% against May 2023 indices. The growth pace was the most rapid in June 2023 an increase of 46% month-to-month. The import price peaked at $11,205 per ton in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($31,882 per ton), while the price for Taiwan (Chinese) ($1,129 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Textile Wadding Price in Hong Kong SAR (FOB) - 2023
The average textile wadding export price stood at $11,366 per ton in August 2023, waning by -19.7% against the previous month. Over the period under review, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 118% month-to-month. Over the period under review, the average export prices hit record highs at $16,413 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($24,540 per ton), while the average price for exports to Pakistan ($1,972 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Textile Wadding Imports in Hong Kong SAR
In 2022, the amount of wadding of textile materials and articles thereof imported into Hong Kong SAR shrank rapidly to 2.7K tons, with a decrease of -33.6% against the previous year. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.
In value terms, textile wadding imports reduced sharply to $26M in 2022. In general, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports attained the peak of $38M, and then contracted markedly in the following year.
| Import of Textile Wadding in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.9 | 9.0 | 10.7 | 9.0 | -6.2% |
| United States | 0.2 | 3.5 | 8.2 | 5.6 | 203.7% |
| Vietnam | 2.7 | 7.4 | 9.6 | 3.2 | 5.8% |
| South Korea | 2.5 | 1.4 | 1.6 | 2.6 | 1.3% |
| Japan | 3.8 | 3.2 | 2.7 | 2.0 | -19.3% |
| Thailand | 3.9 | 3.3 | 2.6 | 1.9 | -21.3% |
| Taiwan (Chinese) | 1.0 | 0.9 | 0.9 | 0.5 | -20.6% |
| Indonesia | 0.8 | 0.4 | N/A | 0.1 | -50.0% |
| Others | 1.5 | 1.1 | 1.1 | 0.8 | -18.9% |
| Total | 27.4 | 30.2 | 37.6 | 25.7 | -2.1% |
Top Suppliers of Textile Wadding to Hong Kong SAR in 2022:
- China (1351.4 tons)
- United States (341.4 tons)
- Thailand (295.9 tons)
- Taiwan (Chinese) (237.8 tons)
- South Korea (163.8 tons)
- Vietnam (127.3 tons)
- Japan (113.6 tons)
- Indonesia (12.2 tons)
Textile Wadding Exports in Hong Kong SAR
Textile wadding exports from Hong Kong SAR declined markedly to 1.6K tons in 2022, dropping by -53.5% against 2021. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports attained the peak of 3.5K tons, and then dropped markedly in the following year.
In value terms, textile wadding exports reduced markedly to $20M in 2022. Over the period under review, exports saw a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 34%. As a result, the exports reached the peak of $37M, and then dropped notably in the following year.
| Export of Textile Wadding in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.3 | 19.4 | 22.0 | 10.3 | -15.9% |
| Thailand | 0.4 | 0.9 | 4.2 | 3.0 | 95.7% |
| Indonesia | 0.4 | 0.7 | 1.3 | 1.6 | 58.7% |
| Vietnam | 1.2 | 1.1 | 1.8 | 1.3 | 2.7% |
| India | N/A | 0.2 | 3.3 | 1.1 | 134.5% |
| Bangladesh | 0.9 | 1.1 | 0.9 | 1.0 | 3.6% |
| Macao SAR | 0.6 | 0.5 | 1.0 | 0.5 | -5.9% |
| Others | 2.2 | 3.7 | 2.6 | 1.7 | -8.2% |
| Total | 22.9 | 27.7 | 37.2 | 20.4 | -3.8% |
Top Export Markets for Textile Wadding from Hong Kong SAR in 2022:
- China (996.8 tons)
- Thailand (128.6 tons)
- Vietnam (89.8 tons)
- Indonesia (89.1 tons)
- Bangladesh (80.0 tons)
- Macao SAR (72.8 tons)
- India (48.0 tons)
This report provides an in-depth analysis of the textile wadding 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 13991400 - Textile flock and dust and mill neps
- Prodcom 17221240 - Wadding, other articles of wadding
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
255
This report provides an in-depth analysis of the textile wadding market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the textile flock market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the wadding market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global textile wadding market.
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This report provides an in-depth analysis of the global textile flock market.
617
This report provides an in-depth analysis of the global wadding market.
255
This report provides an in-depth analysis of the textile wadding market in Hong Kong SAR, China.
234
This report provides an in-depth analysis of the textile flock market in Hong Kong SAR, China.
217
This report provides an in-depth analysis of the wadding market in Hong Kong SAR, China.
652
This report provides an in-depth analysis of the global textile wadding market.
185
In August 2023, the growth rate of Textile Wadding imports reached its peak with a remarkable 93% increase compared to the previous month. However, in September 2023, the value of these imports dropped significantly to $1.1M.
205
In May 2023, the wadding price amounted to $4,839 per ton (CIF, Hong Kong), with a decline of -19.7% compared to the previous month.
750
In value terms, friction material and articles thereof imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tre...
878
In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
1389
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
1330
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
185
In August 2023, the growth rate of Textile Wadding imports reached its peak with a remarkable 93% increase compared to the previous month. However, in September 2023, the value of these imports dropped significantly to $1.1M.
205
In May 2023, the wadding price amounted to $4,839 per ton (CIF, Hong Kong), with a decline of -19.7% compared to the previous month.
750
In value terms, friction material and articles thereof imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tre...
878
In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
