Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR - 2022
Contents:
- Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR (FOB) - 2022
- Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR (CIF) - 2022
- Exports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR
- Imports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR
Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR (FOB) - 2022
The average export price for fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn stood at $2.4 per square meter in 2022, picking up by 8.2% against the previous year. Overall, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 40%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($2.5 per square meter), while the average price for exports to Sri Lanka ($894 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR (CIF) - 2022
The average import price for fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn stood at $5.8 per square meter in 2022, shrinking by -40.2% against the previous year. In general, the import price saw a slight curtailment. The pace of growth was the most pronounced in 2019 an increase of 59% against the previous year. Over the period under review, average import prices reached the maximum at $9.7 per square meter in 2021, and then reduced markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($18 per square meter), while the price for China ($1.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR
In 2022, overseas shipments of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn decreased by -31.2% to 665K square meters, falling for the second year in a row after two years of growth. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 2.4% against the previous year. As a result, the exports attained the peak of 1.7M square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn reduced sharply to $1.6M in 2022. Overall, exports showed a precipitous setback. The smallest decline of -1.1% was in 2020. The exports peaked at $3.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3,023 | 3,278 | 1,561 | 1,439 | -21.9% |
| Philippines | 289 | 61.3 | 28.1 | 45.7 | -45.9% |
| Vietnam | 64.8 | 33.3 | 6.7 | 36.1 | -17.7% |
| Sri Lanka | 97.3 | 104 | 178 | 33.5 | -29.9% |
| New Zealand | 51.9 | 61.5 | 150 | 23.4 | -23.3% |
| India | 119 | N/A | 206 | 18.3 | -46.4% |
| Madagascar | 217 | 303 | 8.9 | N/A | -79.7% |
| Others | 68.2 | 48.1 | 25.9 | 16.3 | -37.9% |
| Total | 3,931 | 3,889 | 2,165 | 1,613 | -25.7% |
Top Export Markets for Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn from Hong Kong SAR in 2022:
- Indonesia (575.3K square meters)
- Sri Lanka (37.5K square meters)
- Philippines (18.0K square meters)
- Vietnam (14.2K square meters)
- New Zealand (8.3K square meters)
- India (6.5K square meters)
Imports of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR
In 2022, overseas purchases of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn were finally on the rise to reach 54K square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a precipitous descent. Imports peaked at 211K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of fabrics, woven; of viscose rayon, high tenacity, artificial filament yarn declined markedly to $313K in 2022. Overall, imports, however, continue to indicate a dramatic setback. The smallest decline of -14.9% was in 2021. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 793 | 278 | 322 | 160 | -41.3% |
| Taiwan (Chinese) | 245 | 151 | 76.3 | 113 | -22.7% |
| Turkey | N/A | N/A | N/A | 30.3 | 0% |
| Vietnam | 87.7 | 37.6 | 5.4 | 5.5 | -60.3% |
| China | 7.7 | 0.3 | N/A | 0.1 | -76.5% |
| South Korea | 3.9 | 30.9 | 27.7 | N/A | 166.5% |
| Others | 100 | 25.9 | 14.7 | 4.3 | -65.0% |
| Total | 1,238 | 524 | 446 | 313 | -36.8% |
Top Suppliers of Fabrics, Woven; of Viscose Rayon, High Tenacity, Artificial Filament Yarn to Hong Kong SAR in 2022:
- Taiwan (Chinese) (32.7K square meters)
- Turkey (9.5K square meters)
- Italy (9.1K square meters)
- Vietnam (1.6K square meters)
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