Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR - 2024
Contents:
- Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2024
- Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2024
- Imports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR
- Exports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR
Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2024
The average import price for bed linen; of man-made fibres, printed, not knitted or crocheteds stood at $7.9 per unit in December 2023, shrinking by -40.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 61% against the previous month. Over the period under review, average import prices attained the peak figure at $13.1 per unit in November 2023, and then declined rapidly in the following month.
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 +0.9% per month.
Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2024
The average export price for bed linen; of man-made fibres, printed, not knitted or crocheteds stood at $15.6 per unit in December 2023, falling by -6.1% against the previous month. Overall, export price indicated a buoyant increase from March 2023 to December 2023: its price increased at an average monthly rate of +6.0% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for bed linen; of man-made fibres, printed, not knitted or crocheteds decreased by -21.7% against September 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 78% month-to-month. The export price peaked at $19.9 per unit in September 2023; however, from October 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6.9 per unit), while the average price for exports to China amounted to $3.0 per unit.
From March 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.7%).
Imports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR
Imports of bed linen; of man-made fibres, printed, not knitted or crocheteds into Hong Kong SAR soared to 284K units in 2022, growing by 108% compared with 2021. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of bed linen; of man-made fibres, printed, not knitted or crocheteds surged to $3M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 2.5 | 1.6 | 2.9 | 17.2% |
| Taiwan (Chinese) | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Netherlands | N/A | N/A | 0.3 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.9 | 2.6 | 2.0 | 3.0 | 16.4% |
Top Suppliers of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted to Hong Kong SAR in 2022:
- China (279.3K units)
- Taiwan (Chinese) (3.0K units)
Exports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR
In 2022, overseas shipments of bed linen; of man-made fibres, printed, not knitted or crocheteds decreased by -50.9% to 17K units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 77K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of bed linen; of man-made fibres, printed, not knitted or crocheteds shrank notably to $217K in 2022. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 74%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 590 | 692 | 477 | 109 | -43.0% |
| Papua New Guinea | 47.1 | 42.6 | 47.3 | 44.8 | -1.7% |
| Netherlands | N/A | 1.0 | 23.3 | 14.1 | 275.5% |
| Macao SAR | 59.2 | 567 | 21.6 | 13.8 | -38.5% |
| China | 15.8 | 0.4 | 6.0 | 2.9 | -43.2% |
| United Kingdom | 1.5 | 2.9 | 0.6 | 2.4 | 17.0% |
| Japan | 33.1 | 52.5 | 90.2 | 2.0 | -60.8% |
| Others | 38.3 | 11.9 | 8.9 | 28.3 | -9.6% |
| Total | 785 | 1,370 | 675 | 217 | -34.9% |
Top Export Markets for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted from Hong Kong SAR in 2022:
- United States (8.1K units)
- Papua New Guinea (5.8K units)
- Netherlands (0.7K units)
- Macao SAR (0.5K units)
- United Kingdom (0.3K units)
- China (0.2K units)
- Japan (0.2K units)
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