Hong Kong SAR, China - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKnitted Fabric Price in Hong Kong SAR - 2023
Contents:
- Knitted Fabric Price in Hong Kong SAR (FOB) - 2023
- Knitted Fabric Price in Hong Kong SAR (CIF) - 2023
- Knitted Fabric Exports in Hong Kong SAR
- Knitted Fabric Imports in Hong Kong SAR
Knitted Fabric Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average knitted fabric export price amounted to $12,724 per ton, almost unchanged from the previous month. Overall, the export price showed a slight setback. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 7.5% month-to-month. Over the period under review, the average export prices attained the peak figure at $14,687 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In June 2023, the highest price was recorded for prices to Sri Lanka ($16,218 per ton) and Thailand ($14,662 per ton), while the average price for exports to Bangladesh ($11,191 per ton) and Cambodia ($11,413 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.3%), while the prices for the other major destinations experienced a decline.
Knitted Fabric Price in Hong Kong SAR (CIF) - 2023
The average knitted fabric import price stood at $10,626 per ton in June 2023, with a decrease of -6.2% against the previous month. In general, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 9% against the previous month. The import price peaked at $13,013 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($30,070 per ton), while the price for China ($9,805 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 South Korea (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Knitted Fabric Exports in Hong Kong SAR
In 2022, approx. 158K tons of knitted or crocheted fabrics were exported from Hong Kong SAR; reducing by -3% compared with 2021 figures. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 6.4%.
In value terms, knitted fabric exports reduced to $1.5B in 2022. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 19%.
Export of Knitted Fabric in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Vietnam | 481 | 410 | 531 | 5.1% | |
China | 425 | 251 | 283 | -18.4% | |
Cambodia | 267 | 192 | 170 | -20.2% | |
Bangladesh | 148 | 155 | 154 | 2.0% | |
Indonesia | 122 | 96.2 | 132 | 4.0% | |
Sri Lanka | 75.9 | 53.8 | 66.4 | -6.5% | |
Thailand | 56.6 | 67.1 | 36.7 | -19.5% | |
Nicaragua | 4.4 | 10.4 | 27.0 | 147.7% | |
Others | 145 | 97.2 | 187 | 13.6% | |
Total | 1,725 | 1,333 | 1,588 | -4.1% |
Top Export Markets for Knitted Fabric from Hong Kong SAR in 2022:
- Vietnam (59.6K tons)
- China (23.8K tons)
- Cambodia (19.8K tons)
- Bangladesh (14.7K tons)
- Indonesia (13.3K tons)
- Sri Lanka (4.8K tons)
- Nicaragua (4.7K tons)
- Thailand (2.6K tons)
Knitted Fabric Imports in Hong Kong SAR
Knitted fabric imports into Hong Kong SAR contracted modestly to 170K tons in 2022, which is down by -3% compared with 2021. In general, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 6.4%.
In value terms, knitted fabric imports contracted to $1.4B in 2022. Over the period under review, imports showed a perceptible slump. The pace of growth was the most pronounced in 2021 when imports increased by 18%.
Import of Knitted Fabric in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 1,347 | 1,139 | 1,323 | -0.9% | |
Taiwan (Chinese) | 70.8 | 46.3 | 70.8 | 0.0% | |
South Korea | 41.9 | 28.6 | 30.8 | -14.3% | |
Others | 108 | 70.9 | 92.2 | -7.6% | |
Total | 1,568 | 1,285 | 1,516 | -1.7% |
Top Suppliers of Knitted Fabric to Hong Kong SAR in 2022:
- China (161.1K tons)
- Taiwan (Chinese) (5.8K tons)
- South Korea (3.1K tons)
This report provides an in-depth analysis of the knitted fabric 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
- Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile 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
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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
- 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 knitted fabric market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global knitted fabric market.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
This report provides an in-depth analysis of the knitted fabric market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global knitted fabric market.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
In May 2023, the price of Knitted Fabric was $12,772 per ton (FOB, Hong Kong), experiencing a decline of -2.8% from the previous month.
Explore the top import markets for knitted fabric in 2023, including Vietnam, Cambodia, Indonesia, and more. Learn about the major players in the global textile industry.
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