Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR - 2024

Contents:

  1. Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2024
  2. Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
  3. Imports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR
  4. Exports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR

Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2024

In December 2023, the average import price for bed linen; of cotton, printed, not knitted or crocheted amounted to $10.0 per unit, with a decrease of -3.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 5.8% against the previous month. As a result, import price attained the peak level of $11.0 per unit. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From March 2023 to December 2023, the rate of growth in terms of prices for China amounted to -0.5% per month.

Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for bed linen; of cotton, printed, not knitted or crocheted amounted to $16 per unit, with a decrease of -14.4% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for bed linen; of cotton, printed, not knitted or crocheted decreased by -24.1% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 40%. As a result, the export price reached the peak level of $22 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($28 per unit), while the average price for exports to Cameroon ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR

Imports of bed linen; of cotton, printed, not knitted or crocheted into Hong Kong SAR fell significantly to 1.8M units in 2022, dropping by -23.5% on 2021 figures. Over the period under review, imports recorded a deep slump. The smallest decline of -4.9% was in 2021. Over the period under review, imports of reached the peak figure at 3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of bed linen; of cotton, printed, not knitted or crocheted reduced markedly to $20M in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 2.7%. Over the period under review, imports of reached the maximum at $31M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.323.223.119.5-12.7%
Others1.81.32.10.7-27.0%
Total31.124.525.220.2-13.4%

Top Suppliers of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted to Hong Kong SAR in 2022:

  1. China (1792.1K units)

Exports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR

In 2022, exports of bed linen; of cotton, printed, not knitted or crocheted from Hong Kong SAR shrank to 81K units, dropping by -6.2% compared with the year before. In general, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The exports peaked at 91K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of bed linen; of cotton, printed, not knitted or crocheted shrank markedly to $1.3M in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. The exports peaked at $2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR1,4861,046992678-23.0%
China19380.146652939.9%
United States90.923580.350.4-17.8%
Papua New Guinea7.02.633.912.320.7%
CameroonN/AN/AN/A5.40%
Others19394.293.462.6-31.3%
Total1,9711,4581,6661,338-12.1%

Top Export Markets for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted from Hong Kong SAR in 2022:

  1. China (35.1K units)
  2. Macao SAR (34.4K units)
  3. United States (4.0K units)
  4. Papua New Guinea (2.4K units)
  5. Cameroon (2.4K units)

Source: IndexBox Market Intelligence Platform

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