Price for Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR - 2022

Contents:

  1. Price for Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR (CIF) - 2022
  2. Price for Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR (FOB) - 2022
  3. Imports of Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR
  4. Exports of Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR

Price for Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for hair; coarse animal hair, carded or combed amounted to $88,924 per ton, growing by 9.3% against the previous year. Over the period under review, the import price recorded measured growth. The most prominent rate of growth was recorded in 2019 an increase of 170%. As a result, import price reached the peak level of $164,600 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($189,000 per ton), while the price for Taiwan (Chinese) amounted to $87,641 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+229.4%).

Price for Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for hair; coarse animal hair, carded or combed amounted to $90,500 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2018 a decrease of -4.7% against the previous year. The export price peaked at $135,345 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 the UK ($120,400 per ton), while the average price for exports to Tanzania stood at $800 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-4.8%).

Imports of Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR

Imports of hair; coarse animal hair, carded or combed into Hong Kong SAR skyrocketed to 79 kg in 2022, with an increase of 49% on 2021. Overall, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of hair; coarse animal hair, carded or combed skyrocketed to $7K in 2022. In general, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year.

Import of Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/AN/A3.40%
United Kingdom1.12.64.30.2-43.3%
New Zealand9.6N/AN/AN/A0%
OthersN/AN/AN/A3.40%
Total10.72.64.37.0-13.2%

Top Suppliers of Hair; Coarse Animal Hair, Carded or Combed to Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (39.0 kg)
  2. United Kingdom (1.0 kg)

Exports of Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR

In 2022, exports of hair; coarse animal hair, carded or combed from Hong Kong SAR stood at 20 kg, therefore, remained relatively stable against 2021 figures. In general, exports saw a sharp slump. The smallest decline of 99.9% was in 2021.

In value terms, exports of hair; coarse animal hair, carded or combed amounted to $1.8K in 2022. Overall, exports showed a sharp shrinkage. The smallest decline of 99.9% was in 2021.

Export of Hair; Coarse Animal Hair, Carded or Combed in Hong Kong SAR (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United KingdomN/AN/A1.80%
TanzaniaN/AN/AN/A0%
Switzerland7.3N/AN/A0%
OthersN/AN/AN/A0%
Total7.3N/A1.8-50.3%

Top Export Markets for Hair; Coarse Animal Hair, Carded or Combed from Hong Kong SAR in 2022:

  1. United Kingdom (15.0 kg)
  2. Tanzania (5.0 kg)

Source: IndexBox Market Intelligence Platform

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