Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR - 2023
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR (CIF) - 2022
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $11,570 per ton, rising by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($15,709 per ton), while the average price for exports to the United States ($6,973 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 (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR (CIF) - 2022
The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $11,181 per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2020 an increase of 12% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($50,503 per ton), while the price for Vietnam ($6,876 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of fabrics; "long pile" fabrics, knitted or crocheteds, which decreased by -68.1% to 133 tons in 2022. In general, exports showed a significant contraction. The smallest decline of -16.6% was in 2020.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds fell significantly to $1.5M in 2022. Overall, exports continue to indicate a significant curtailment. The smallest decline of -24.9% was in 2021.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,301 | 1,946 | 1,042 | 422 | -53.9% |
| Bangladesh | 962 | 1,231 | 1,900 | 377 | -26.8% |
| Vietnam | 1,243 | 1,179 | 419 | 372 | -33.1% |
| United States | 94.2 | 31.2 | 34.6 | 67.1 | -10.7% |
| India | 70.3 | 42.8 | 152 | 52.4 | -9.3% |
| Canada | 78.9 | 66.8 | 25.0 | 49.5 | -14.4% |
| Cambodia | 171 | 60.4 | 130 | 42.1 | -37.3% |
| Philippines | 75.6 | 30.0 | 21.0 | 36.8 | -21.3% |
| Indonesia | 438 | 368 | 34.5 | 4.6 | -78.1% |
| Others | 703 | 194 | 108 | 121 | -44.4% |
| Total | 8,137 | 5,149 | 3,864 | 1,544 | -42.5% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Hong Kong SAR in 2022:
- Bangladesh (37.9 tons)
- Vietnam (37.9 tons)
- China (26.9 tons)
- United States (9.6 tons)
- Canada (5.4 tons)
- India (4.7 tons)
- Philippines (3.6 tons)
- Cambodia (3.3 tons)
- Indonesia (0.4 tons)
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of fabrics; "long pile" fabrics, knitted or crocheteds, which decreased by -60.8% to 75 tons in 2022. In general, imports faced a precipitous curtailment. The smallest decline of -27.5% was in 2020.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds fell remarkably to $838K in 2022. Overall, imports recorded a precipitous curtailment. The smallest decline of -19.1% was in 2020.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,088 | 4,771 | 1,115 | 288 | -58.7% |
| Italy | 674 | 113 | 258 | 164 | -37.6% |
| United States | 26.8 | 176 | 1.1 | 93.9 | 51.9% |
| South Korea | 751 | 197 | 294 | 88.8 | -50.9% |
| Indonesia | 1,979 | 766 | 124 | 74.0 | -66.6% |
| Vietnam | 2.8 | 13.7 | 95.8 | 71.7 | 194.7% |
| Taiwan (Chinese) | 96.9 | 40.6 | 11.9 | 25.9 | -35.6% |
| Others | 74.0 | 144 | 218 | 31.5 | -24.8% |
| Total | 7,693 | 6,222 | 2,118 | 838 | -52.2% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Hong Kong SAR in 2022:
- China (34.3 tons)
- Vietnam (10.4 tons)
- United States (8.7 tons)
- Indonesia (8.3 tons)
- South Korea (5.3 tons)
- Italy (3.3 tons)
- Taiwan (Chinese) (3.2 tons)
280
This report provides an in-depth analysis of the knitted fabric market in Hong Kong SAR, China.
564
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
2917
This report provides an in-depth analysis of the global knitted fabric market.
280
This report provides an in-depth analysis of the knitted fabric market in Hong Kong SAR, China.
564
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
2917
This report provides an in-depth analysis of the global knitted fabric market.
406
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.
1338
In value terms, hoopwood imports totaled $X in 2016. Overall, hoopwood imports continue to indicate a relatively flat trend pattern. In that year, global hoopwood imports attained its maximum level...
1410
In value terms, hoopwood exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained r...
282
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.
2272
In value terms, sewing and knitting needles, bodkins, crochet hooks imports amounted to $X in 2016. Overall, sewing and knitting needles, bodkins, crochet hooks imports continue to indicate a relat...
762
In value terms, knitting machines, stitch-bonding machines imports amounted to $X in 2016. Overall, knitting machines, stitch-bonding machines imports continue to indicate a significant decline. Gl...
1126
In value terms, sewing and knitting needles, bodkins, crochet hooks exports stood at $X in 2016. In general, sewing and knitting needles, bodkins, crochet hooks exports continue to indicate a relat...
958
In value terms, knitting machines, stitch-bonding machines exports totaled $X in 2016. In general, knitting machines, stitch-bonding machines exports continue to indicate a abrupt setback. Over the...
2406
Global knitted fabric imports amounted to X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- t...
1551
Global knitted fabric imports amounted to X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- t...
