Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $26,242 per ton, growing by 54% against the previous year. In general, the import price saw prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 82%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($64,000 per ton), while the price for China ($4,043 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $17,408 per ton in 2022, increasing by 2.8% against the previous year. In general, the export price posted prominent growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 396% against the previous year. As a result, the export price attained the peak level of $27,309 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
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 Austria ($46,120 per ton), while the average price for exports to the United States ($11,438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
In 2022, overseas purchases of cotton yarn (other than sewing thread), put up for retail sale decreased by -65.1% to 8.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 23 tons, and then contracted remarkably in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale declined markedly to $211K in 2022. Overall, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year. As a result, imports reached the peak of $393K, and then reduced notably in the following year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 59.8 | 66.1 | 80.7 | 89.2 | 14.3% |
| Japan | 80.1 | 61.2 | 84.3 | 73.2 | -3.0% |
| France | 16.4 | 27.1 | 18.1 | 14.7 | -3.6% |
| China | 77.3 | 65.2 | 48.5 | 12.6 | -45.4% |
| United Kingdom | 42.7 | 75.1 | 71.6 | 7.9 | -43.0% |
| Spain | 51.4 | 59.6 | 89.8 | 5.8 | -51.7% |
| Portugal | N/A | N/A | N/A | 3.4 | 0% |
| Others | 13.0 | 2.2 | 0.3 | 4.7 | -28.8% |
| Total | 341 | 357 | 393 | 211 | -14.8% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Hong Kong SAR in 2022:
- China (3.1 tons)
- Italy (2.3 tons)
- Japan (1.1 tons)
- France (0.7 tons)
- United Kingdom (0.3 tons)
- Spain (0.2 tons)
- Portugal (0.1 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
Exports of cotton yarn (other than sewing thread), put up for retail sale from Hong Kong SAR soared to 9.6 tons in 2022, growing by 57% on 2021. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 305% against the previous year. As a result, the exports attained the peak of 15 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale soared to $168K in 2022. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 151% against the previous year. As a result, the exports reached the peak of $261K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.1 | 212 | 64.9 | 129 | 32.0% |
| Austria | 15.8 | 20.2 | 17.8 | 15.2 | -1.3% |
| Australia | 15.0 | 9.9 | 12.7 | 8.8 | -16.3% |
| United States | 2.7 | 12.3 | 5.2 | 6.4 | 33.3% |
| United Kingdom | 0.2 | 1.1 | 0.1 | 5.4 | 200.0% |
| Others | 14.1 | 5.5 | 3.4 | 3.1 | -39.6% |
| Total | 104 | 261 | 104 | 168 | 17.3% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Hong Kong SAR in 2022:
- China (8.2 tons)
- United States (0.6 tons)
- United Kingdom (0.3 tons)
- Austria (0.3 tons)
- Australia (0.1 tons)
714
This report provides an in-depth analysis of the cotton yarn market in Hong Kong SAR, China.
6513
This report provides an in-depth analysis of the global cotton yarn market.
508
In March 2023, the cotton yarn price amounted to $5,572 per ton (CIF, Hong Kong), rising by 9.2% against the previous month.
751
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
1195
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
1339
In value terms, cotton waste imports stood at $X in 2016. Overall, cotton waste imports continue to indicate a relatively flat trend pattern. In that year, global cotton waste imports attained its ...
708
In 2016, approx. X tons of cotton were imported worldwide; increasing by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
784
In value terms, cotton yarn for retail sale imports totaled $X in 2016. Overall, cotton yarn for retail sale imports continue to indicate a relatively flat trend pattern. Over the period under revi...
975
In value terms, cotton waste exports stood at $X in 2016. Overall, cotton waste exports continue to indicate a slight growth. In that year, global cotton waste exports attained its maximum level of...
2755
In 2016, the global cotton exports amounted to X tons, declining by -X% against the previous year figure. Overall, it indicated a notable growth from 2007 to 2016: the total exports volume inc...
743
In value terms, cotton yarn for retail sale exports stood at $X in 2016. Overall, cotton yarn for retail sale exports continue to indicate a mild contraction. In that year, global cotton yarn for r...
1164
In 2016, approx. X tons of cotton yarn were imported worldwide- lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the pe...
