Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR - 2023
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (FOB) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (FOB) - 2022
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $14,705 per ton in 2022, rising by 4.2% against the previous year. Overall, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 192% against the previous year. The export price peaked at $25,833 per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 Kenya ($55,977 per ton), while the average price for exports to Cambodia ($1,161 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 Zimbabwe (+308.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $5,243 per ton, dropping by -64.8% against the previous year. Over the period under review, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 94% against the previous year. The import price peaked at $14,903 per ton in 2021, and then declined rapidly 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 ($31,626 per ton), while the price for China amounted to $5,745 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%).
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale, which decreased by -16% to 5.8 tons in 2022. Overall, exports showed a significant contraction. The smallest decline of -2.3% was in 2021.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale declined to $85K in 2022. In general, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 72% against the previous year.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 12.5 | N/A | 8.9 | 17.8 | 12.5% |
| Indonesia | N/A | 11.1 | 2.0 | 12.7 | 7.0% |
| Kenya | N/A | 0.1 | 38.4 | 12.1 | 1000.0% |
| Philippines | 233 | 6.7 | 3.7 | 11.9 | -62.9% |
| Jamaica | N/A | N/A | N/A | 5.0 | 0% |
| Netherlands | 0.1 | 1.4 | 5.7 | 3.8 | 236.2% |
| Colombia | N/A | 19.6 | 18.7 | 3.5 | -57.7% |
| Cambodia | N/A | N/A | N/A | 0.3 | 0% |
| United States | 9.3 | N/A | 4.8 | N/A | -28.2% |
| France | 148 | N/A | N/A | N/A | 0% |
| Others | 25.5 | 17.5 | 15.0 | 18.0 | -11.0% |
| Total | 429 | 56.5 | 97.2 | 85.1 | -41.7% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Hong Kong SAR in 2022:
- Ecuador (2005.0 kg)
- Indonesia (1123.0 kg)
- Philippines (623.0 kg)
- Colombia (538.0 kg)
- Netherlands (350.0 kg)
- Cambodia (280.0 kg)
- Jamaica (253.0 kg)
- Kenya (217.0 kg)
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR
In 2022, purchases abroad of man-made filament yarn (other than sewing thread), put up for retail sale increased by 50% to 4.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $38K in 2022. Over the period under review, imports, however, showed a dramatic curtailment.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.2 | 35.8 | 22.3 | 23.7 | -32.5% |
| Italy | N/A | N/A | N/A | 14.1 | 0% |
| Others | 27.2 | N/A | N/A | N/A | 0% |
| Total | 104 | 35.8 | 22.3 | 37.9 | -28.6% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Hong Kong SAR in 2022:
- China (4.1 tons)
- Italy (0.4 tons)
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