Hong Kong SAR, China - Babies Clothing And Accessories (Not Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaby Clothes Price in Hong Kong SAR - 2023
Contents:
- Baby Clothes Price in Hong Kong SAR (FOB) - 2023
- Baby Clothes Price in Hong Kong SAR (CIF) - 2022
- Baby Clothes Exports in Hong Kong SAR
- Baby Clothes Imports in Hong Kong SAR
Baby Clothes Price in Hong Kong SAR (FOB) - 2023
The average baby clothes export price stood at $34,862 per ton in September 2023, falling by -39.7% against the previous month. In general, the export price, however, enjoyed pronounced growth. The growth pace was the most rapid in May 2023 when the average export price increased by 146% against the previous month. Over the period under review, the average export prices hit record highs at $57,853 per ton in August 2023, and then reduced notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($103K per ton), while the average price for exports to Canada ($4,166 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Baby Clothes Price in Hong Kong SAR (CIF) - 2022
The average baby clothes import price stood at $32,618 per ton in 2022, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2014 an increase of 15%. The import price peaked at $32,789 per ton in 2018; however, from 2019 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 Thailand ($70,174 per ton), while the price for the UK ($15,002 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Baby Clothes Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of babies clothing and accessories (not knitted or crocheted), which decreased by -1.6% to 273 tons in 2022. Overall, exports faced a deep contraction.
In value terms, baby clothes exports dropped to $9.9M in 2022. In general, exports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 9.9% against the previous year.
Export of Baby Clothes in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7,756 | 1,746 | 2,467 | 1,936 | -37.0% |
Mexico | 151 | 735 | 192 | 1,351 | 107.6% |
United Kingdom | 1,697 | 1,066 | 1,430 | 830 | -21.2% |
United States | 751 | 409 | 1,403 | 797 | 2.0% |
Italy | 200 | 178 | 526 | 701 | 51.9% |
Taiwan (Chinese) | 1,247 | 995 | 754 | 611 | -21.2% |
Japan | 1,015 | 683 | 724 | 521 | -19.9% |
Australia | 988 | 525 | 490 | 414 | -25.2% |
Panama | 175 | 92.5 | 507 | 379 | 29.4% |
Canada | 82.8 | 182 | 300 | 241 | 42.8% |
Chile | 962 | 136 | 370 | 230 | -37.9% |
Macao SAR | 400 | 227 | 189 | 147 | -28.4% |
Others | 2,416 | 3,048 | 1,658 | 1,705 | -11.0% |
Total | 17,842 | 10,022 | 11,010 | 9,862 | -17.9% |
Top Export Markets for Baby Clothes from Hong Kong SAR in 2022:
- Mexico (81.1 tons)
- China (29.4 tons)
- Canada (28.1 tons)
- United States (21.0 tons)
- Panama (19.1 tons)
- United Kingdom (15.5 tons)
- Taiwan (Chinese) (13.7 tons)
- Italy (13.0 tons)
- Japan (5.6 tons)
- Chile (5.5 tons)
- Australia (4.8 tons)
- Macao SAR (1.9 tons)
Baby Clothes Imports in Hong Kong SAR
In 2022, baby clothes imports into Hong Kong SAR declined markedly to 157 tons, with a decrease of -45.3% against the previous year's figure. Over the period under review, imports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 5.9%.
In value terms, baby clothes imports reduced sharply to $5.1M in 2022. Overall, imports saw a precipitous slump. The smallest decline of -4.7% was in 2021.
Import of Baby Clothes in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5,245 | 3,132 | 3,175 | 1,396 | -35.7% |
Bangladesh | 5,622 | 1,340 | 911 | 627 | -51.9% |
United States | 70.6 | 133 | 169 | 416 | 80.6% |
India | 501 | 391 | 399 | 401 | -7.2% |
Thailand | 167 | 30.0 | 327 | 316 | 23.7% |
Spain | 364 | 296 | 424 | 273 | -9.1% |
Vietnam | 293 | 273 | 319 | 188 | -13.7% |
Sri Lanka | 486 | 207 | 191 | 151 | -32.3% |
Japan | 425 | 1,279 | 426 | 70.7 | -45.0% |
United Kingdom | 48.6 | 19.4 | 31.0 | 52.9 | 2.9% |
Others | 3,582 | 1,597 | 1,920 | 1,214 | -30.3% |
Total | 16,804 | 8,696 | 8,291 | 5,105 | -32.8% |
Top Suppliers of Baby Clothes to Hong Kong SAR in 2022:
- China (43.1 tons)
- Bangladesh (26.1 tons)
- United States (25.8 tons)
- India (16.3 tons)
- Spain (8.7 tons)
- Sri Lanka (4.5 tons)
- Thailand (4.5 tons)
- Vietnam (4.3 tons)
- United Kingdom (3.5 tons)
- Japan (2.9 tons)
This report provides an in-depth analysis of the baby clothes 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 14192150 - Babies clothing and accessories, of textiles, not knitted or crocheted (for children of height . .86 cm) i ncluding vests, r ompers, underpants, stretch-suits, gloves, mittens and outerwear (excluding sanitary towels and napkins and similar articles)
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 baby clothes market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global baby clothes market.
This report provides an in-depth analysis of the global baby clothes market.
Global Baby Clothes Market Report 2018. This report provides an in-depth analysis of the global baby clothes market.
This report provides an in-depth analysis of the baby clothes market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global baby clothes market.
This report provides an in-depth analysis of the global baby clothes market.
Global Baby Clothes Market Report 2018. This report provides an in-depth analysis of the global baby clothes market.
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