Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR - 2023
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR (CIF) - 2022
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $5,171 per ton, with a decrease of -43.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 119% against the previous year. The import price peaked at $11,722 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +33.3% per year.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR (FOB) - 2022
The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $4,224 per ton in 2022, waning by -38.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 75%. Over the period under review, the average export prices attained the maximum at $9,042 per ton in 2020; however, from 2021 to 2022, the export prices remained at a 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 +0.6% per year.
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR
In 2022, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Hong Kong SAR dropped markedly to 12 tons, reducing by -54.5% on the previous year's figure. Over the period under review, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 129% against the previous year.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped rapidly to $61K in 2022. Overall, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 79%.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 320 | 129 | 234 | 60.6 | -42.6% |
| Others | N/A | 3.5 | 3.0 | N/A | -14.3% |
| Total | 320 | 132 | 237 | 60.6 | -42.6% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Hong Kong SAR in 2022:
- China (11.7 tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR
In 2022, approx. 1 tons of artificial staple fibres, not carded, combed or otherwise processed for spinning were exported from Hong Kong SAR; waning by -83% against the year before. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 475%. As a result, the exports reached the peak of 6.2 tons, and then dropped rapidly in the following year.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped significantly to $4.4K in 2022. Overall, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 337% against the previous year. As a result, the exports reached the peak of $42K, and then dropped significantly in the following year.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.1 | 9.7 | 42.3 | 4.4 | -30.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.1 | 9.7 | 42.3 | 4.4 | -30.5% |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Hong Kong SAR in 2022:
- China (1.0 tons)
1373
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