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Hong Kong SAR, China - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarpet Price in Hong Kong SAR - 2023
Contents:
- Carpet Price in Hong Kong SAR (CIF) - 2022
- Carpet Price in Hong Kong SAR (FOB) - 2022
- Carpet Imports in Hong Kong SAR
- Carpet Exports in Hong Kong SAR
Carpet Price in Hong Kong SAR (CIF) - 2022
In 2022, the average carpet import price amounted to $17 per square meter, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 10%. The import price peaked at $20 per square meter in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($34 per square meter), while the price for Belgium ($6.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Carpet Price in Hong Kong SAR (FOB) - 2022
In 2022, the average carpet export price amounted to $34 per square meter, increasing by 28% against the previous year. Overall, the export price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 an increase of 66% against the previous year. Over the period under review, the average export prices attained the maximum at $55 per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($312 per square meter), while the average price for exports to Antigua and Barbuda ($4.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Carpet Imports in Hong Kong SAR
Carpet imports into Hong Kong SAR dropped to 2.1M square meters in 2022, which is down by -4.6% compared with the previous year. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked at 2.6M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, carpet imports reduced to $36M in 2022. Overall, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Imports peaked at $41M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Carpet in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 28.3 | 18.9 | 27.7 | 25.6 | -3.3% |
Thailand | 2.6 | 4.3 | 2.2 | 2.3 | -4.0% |
United States | 2.4 | 1.6 | 1.2 | 1.2 | -20.6% |
Japan | 1.0 | 1.4 | 0.9 | 1.0 | 0.0% |
Taiwan (Chinese) | 1.0 | 0.7 | 0.9 | 0.9 | -3.5% |
Netherlands | 0.2 | 0.5 | 0.6 | 0.8 | 58.7% |
Belgium | 1.1 | 1.5 | 0.8 | 0.6 | -18.3% |
Others | 4.1 | 3.7 | 4.1 | 4.0 | -0.8% |
Total | 40.7 | 32.7 | 38.4 | 36.4 | -3.7% |
Top Suppliers of Carpet to Hong Kong SAR in 2022:
- China (1523.5K square meters)
- Taiwan (Chinese) (119.8K square meters)
- Japan (105.5K square meters)
- Belgium (94.1K square meters)
- Thailand (68.6K square meters)
- United States (55.0K square meters)
- Netherlands (36.4K square meters)
Carpet Exports in Hong Kong SAR
Carpet exports from Hong Kong SAR declined markedly to 479K square meters in 2022, shrinking by -30% on 2021. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 120%. The exports peaked at 779K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, carpet exports declined to $16M in 2022. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 15%. The exports peaked at $24M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Carpet in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.0 | 1.7 | 3.0 | 3.7 | -2.6% |
United States | 4.5 | 2.3 | 2.7 | 2.3 | -20.0% |
Turkey | N/A | N/A | 0.2 | 1.4 | 600.0% |
South Korea | 1.9 | 0.7 | 2.1 | 1.2 | -14.2% |
French Polynesia | N/A | N/A | N/A | 0.8 | 0% |
Macao SAR | 3.7 | 5.7 | 1.4 | 0.8 | -40.0% |
Zimbabwe | N/A | N/A | N/A | 0.7 | 0% |
United Kingdom | 1.0 | 0.4 | 1.3 | 0.4 | -26.3% |
Japan | 1.1 | 1.0 | 0.4 | 0.3 | -35.2% |
Guyana | N/A | N/A | N/A | 0.1 | 0% |
Timor-Leste | N/A | N/A | N/A | 0.1 | 0% |
Antigua and Barbuda | N/A | N/A | N/A | 0.1 | 0% |
India | 0.5 | 0.1 | N/A | N/A | -80.0% |
Others | 7.0 | 3.8 | 6.9 | 4.2 | -15.7% |
Total | 23.7 | 15.7 | 18.1 | 16.2 | -11.9% |
Top Export Markets for Carpet from Hong Kong SAR in 2022:
- French Polynesia (165.4K square meters)
- China (119.1K square meters)
- Zimbabwe (42.6K square meters)
- United States (31.9K square meters)
- Timor-Leste (17.6K square meters)
- Antigua and Barbuda (16.9K square meters)
- Guyana (14.8K square meters)
- Turkey (10.9K square meters)
- Macao SAR (10.6K square meters)
- South Korea (7.9K square meters)
- United Kingdom (3.8K square meters)
- Japan (3.4K square meters)
- India (0.2K square meters)
This report provides an in-depth analysis of the carpet 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 13931100 - Knotted carpets and other knotted textile floor coverings
- Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
- Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings
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 carpet market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global carpet market.
This report provides an in-depth analysis of the carpet market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global carpet market.
This article explores the top import markets for carpets based on data from the IndexBox market intelligence platform. The United States, United Kingdom, Germany, Canada, Japan, Australia, France, Netherlands, Saudi Arabia, and Poland are identified as the top import markets. Each market has unique preferences and characteristics, presenting significant opportunities for exporters. IndexBox provides accurate and up-to-date data on global import and export markets, enabling businesses to make informed decisions and identify new market opportunities.
In value terms, carpets and other textile floor coverings of felt imports totaled $X in 2016. Overall, carpets and other textile floor coverings of felt imports continue to indicate a slight setbac...
In value terms, carpets and other textile floor coverings 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 ...
In value terms, carpets and other textile floor coverings of felt exports stood at $X in 2016. In general, carpets and other textile floor coverings of felt exports continue to indicate a temperate...
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In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
In 2016, approx. X tons of knotted carpet were imported worldwide- dropping by -X% against the previous year figure. Overall, knotted carpet imports continue to indicate a abrupt downturn. The m...
In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>