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Hong Kong SAR, China - Cotton Lint - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCotton Lint Price in Hong Kong SAR - 2023
Contents:
- Cotton Lint Price in Hong Kong SAR (CIF) - 2022
- Cotton Lint Price in Hong Kong SAR (FOB) - 2022
- Cotton Lint Imports in Hong Kong SAR
- Cotton Lint Exports in Hong Kong SAR
Cotton Lint Price in Hong Kong SAR (CIF) - 2022
The average cotton lint import price stood at $1,923 per ton in 2022, surging by 28% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 67%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.6% per year.
Cotton Lint Price in Hong Kong SAR (FOB) - 2022
The average cotton lint export price stood at $1,927 per ton in 2022, picking up by 12% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 83%. The export price peaked at $2,173 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.7% per year.
Cotton Lint Imports in Hong Kong SAR
In 2022, approx. 5.1K tons of cotton lint were imported into Hong Kong SAR; growing by 632% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cotton lint imports surged to $9.7M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cotton Lint in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 0.4 | N/A | 0.3 | 9.7 | 189.4% |
India | 1.0 | 0.3 | 0.7 | N/A | -16.3% |
Japan | 0.4 | 0.1 | N/A | N/A | -75.0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 1.9 | 0.4 | 1.0 | 9.7 | 72.2% |
Top Suppliers of Cotton Lint to Hong Kong SAR in 2022:
- Brazil (5.1K tons)
Cotton Lint Exports in Hong Kong SAR
In 2022, shipments abroad of cotton lint increased by 1,515% to 4.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cotton lint exports skyrocketed to $8.4M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cotton Lint in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.7 | 0.2 | 0.5 | 8.4 | 70.3% |
Vietnam | N/A | 0.2 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.7 | 0.4 | 0.5 | 8.4 | 70.3% |
Top Export Markets for Cotton Lint from Hong Kong SAR in 2022:
- China (4.3K tons)
This report provides an in-depth analysis of the cotton lint 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:
- FCL 767 - Cotton Lint
- FCL 328 - [Seed Cotton]
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
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Cotton lint is a crucial commodity in the textile industry, serving as the primary raw material for spinning yarn and weaving fabrics. The global demand for cotton lint has been steadily increasing as countries strive to meet the growing needs of their textile industries. In this article, we will explore the top import markets for cotton lint, backed by data from the IndexBox market intelligence platform.
In 2022, cotton prices are expected to gain 5% y/y, as last year's ending stocks are rapidly reduced amid strong global demand outpacing available supply. Last year, the average cotton price soared by 41% y/y to $2.23 per kg.
After stagnating during the pandemic, the textile industry has begun to strongly recover and the demand for cotton has risen. It is expected that cotton consumption in 2021 will grow faster than the supply. This will lead to a reduction in global cotton stocks and higher prices. The issues of sustainability and ethical background become increasingly important in the transformation of cotton supply chains.
Global cotton lint consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global cotton lint exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
Global cotton lint imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the countries with the highest levels of cotton lint production were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
India dominates in the global cotton lint trade. In 2014, India exported X thousand tons of cotton lint totaling X million USD, X% under the previous year. Its primary trading partner was China, where it supplied X% of its total cotton lint expor
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.