Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR - 2022

Contents:

1. Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (FOB) - 2022
2. Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (CIF) - 2022
3. Exports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR
4. Imports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR

Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (FOB) - 2022

The average export price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses stood at $125,321 per ton in 2022, growing by 19% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 66%. The export price peaked at $133,109 per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 the UK ($129,474 per ton), while the average price for exports to India totaled $61,416 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses amounted to $105,940 per ton, shrinking by -27.9% against the previous year. In general, the import price, however, posted a slight expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 157% against the previous year. As a result, import price attained the peak level of $197,085 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 France ($136,552 per ton), while the price for Germany ($26,740 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR

In 2022, overseas shipments of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses decreased by -59.9% to 14 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,697%.

In value terms, exports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses reduced notably to $1.8M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,879% against the previous year.

Top Export Markets for Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats from Hong Kong SAR in 2022:

1. United Kingdom (13.1 tons)
2. India (0.8 tons)

Imports of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR

In 2022, approx. 319 kg of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses were imported into Hong Kong SAR; increasing by 136% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of hair; fine animal hair, not carded or combed, of kashmir (cashmere) goatses soared to $34K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 145% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Hair; Fine Animal Hair, Not Carded or Combed, of Kashmir (Cashmere) Goats to Hong Kong SAR in 2022:

1. Switzerland (153.0 kg)
2. Italy (87.0 kg)
3. Germany (50.0 kg)
4. France (29.0 kg)

Source: IndexBox Market Intelligence Platform