Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR - 2023

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR (FOB) - 2022
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR (CIF) - 2022
3. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR
4. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $11,749 per ton, rising by 302% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 839%. As a result, the export price reached the peak level of $74,878 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($19,740 per ton), while the average price for exports to Canada ($8,637 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 France (+83.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $3,251 per ton, falling by -26.1% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth was the most pronounced in 2015 an increase of 82% against the previous year. Over the period under review, average import prices attained the maximum at $8,665 per ton in 2012; however, from 2013 to 2022, 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 South Africa ($13,937 per ton), while the price for China stood at $3,062 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.9%).

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR

In 2022, shipments abroad of tents of textile materials other than cotton or synthetic fibreses decreased by -53% to 12 tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2020 with an increase of 226%. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses surged to $138K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 2,958%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Hong Kong SAR in 2022:

1. United States (5.8 tons)
2. Poland (2.4 tons)
3. China (0.8 tons)
4. Canada (0.7 tons)
5. Germany (0.6 tons)
6. France (0.5 tons)
7. Australia (0.4 tons)

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Hong Kong SAR

Imports of tents of textile materials other than cotton or synthetic fibreses into Hong Kong SAR contracted sharply to 32 tons in 2022, which is down by -27.8% against 2021 figures. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 159% against the previous year.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses fell remarkably to $104K in 2022. Overall, imports recorded a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 80%.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Hong Kong SAR in 2022:

1. China (31.3 tons)
2. South Africa (0.6 tons)

Source: IndexBox Market Intelligence Platform