Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR
  4. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $9,595 per ton, jumping by 18% against the previous year. In general, the import price saw a temperate expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 82%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($81,415 per ton), while the price for Thailand ($2,515 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $10,697 per ton, falling by -36.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. Over the period under review, the average export prices hit record highs at $27,026 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($12,288 per ton), while the average price for exports to Thailand totaled $5,697 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-2.2%), while the prices for the other major destinations experienced a decline.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR

For the fourth year in a row, Hong Kong SAR recorded growth in overseas purchases of fibres; synthetic filament tow, of nylon or other polyamideses, which increased by 81% to 42 tons in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 130%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses skyrocketed to $407K in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 207%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)32.34.897.3331117.2%
Italy1.10.475.061.8283.0%
Thailand1.00.32.62.128.1%
United States1.812.7N/AN/A605.6%
FranceN/A93.6N/AN/A0%
Others0.91.715.412.6141.0%
Total37.0114190407122.4%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (40.5 tons)
  2. Thailand (0.8 tons)
  3. Italy (0.8 tons)

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR

In 2022, the amount of fibres; synthetic filament tow, of nylon or other polyamideses exported from Hong Kong SAR surged to 5.3 tons, rising by 59% against 2021. Overall, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses amounted to $56K in 2022. Over the period under review, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 271% against the previous year.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia36.21.845.549.110.7%
Thailand9.66.14.77.2-9.1%
Malaysia15.9N/AN/AN/A0%
India2.5N/AN/AN/A0%
Denmark8.4N/A2.1N/A-50.0%
Others4.07.13.7N/A-3.8%
Total76.715.156.056.3-9.8%

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from Hong Kong SAR in 2022:

  1. Indonesia (4.0 tons)
  2. Thailand (1.3 tons)

Source: IndexBox Market Intelligence Platform

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