Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR - 2023
Contents:
- Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR (FOB) - 2023
- Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR (CIF) - 2023
- Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR
- Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR
Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR (FOB) - 2023
The average export price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides stood at $4.0 per square meter in December 2023, picking up by 11% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 76% against the previous month. The export price peaked at $4.7 per square meter in September 2023; however, from October 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($5.0 per square meter), while the average price for exports to Cambodia ($585 per thousand square meters) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR (CIF) - 2023
In December 2023, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $2.3 per square meter, dropping by -10.3% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 24% m-o-m. As a result, import price reached the peak level of $4.1 per square meter. From August 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($4.9 per square meter), while the price for Thailand ($1.0 per square meter) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR
In 2022, approx. 8.1M square meters of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides were exported from Hong Kong SAR; waning by -59.2% on 2021 figures. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports of attained the peak figure at 22M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides contracted significantly to $23M in 2022. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 16%. The exports peaked at $39M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.3 | 13.0 | 15.2 | 14.3 | -12.4% |
| Bangladesh | 3.7 | 3.7 | 2.6 | 3.3 | -3.7% |
| Vietnam | 3.6 | 4.1 | 5.3 | 3.2 | -3.9% |
| Indonesia | 2.1 | 1.4 | 1.9 | 0.6 | -34.1% |
| Cambodia | 5.9 | 3.2 | 3.9 | 0.4 | -59.2% |
| Philippines | 0.5 | 0.1 | 0.4 | 0.3 | -15.7% |
| India | 0.2 | 1.0 | 1.9 | 0.2 | 0.0% |
| Others | 1.3 | 1.2 | 0.8 | 0.6 | -22.7% |
| Total | 38.7 | 27.6 | 32.0 | 23.0 | -15.9% |
Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride from Hong Kong SAR in 2022:
- China (3.3M square meters)
- Vietnam (2.2M square meters)
- Bangladesh (1.2M square meters)
- Indonesia (0.6M square meters)
- Cambodia (0.3M square meters)
- India (0.2M square meters)
- Philippines (0.1M square meters)
Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides, which decreased by -2.4% to 8.2M square meters in 2022. Over the period under review, imports saw a deep setback. Imports peaked at 15M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides reached $21M in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 10%. Over the period under review, imports of reached the maximum at $27M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 7.3 | 3.7 | 2.3 | 7.2 | -0.5% |
| China | 8.8 | 4.8 | 3.9 | 4.3 | -21.2% |
| South Korea | 2.5 | 1.9 | 3.0 | 2.1 | -5.6% |
| United States | 1.7 | 1.3 | 2.5 | 1.1 | -13.5% |
| Japan | 2.8 | 1.9 | 2.7 | 1.0 | -29.1% |
| Vietnam | 0.4 | 0.2 | 0.2 | 0.7 | 20.5% |
| Thailand | 0.6 | 0.8 | 0.9 | 0.6 | 0.0% |
| Others | 2.9 | 2.5 | 3.2 | 3.7 | 8.5% |
| Total | 27.1 | 17.0 | 18.7 | 20.7 | -8.6% |
Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride to Hong Kong SAR in 2022:
- China (4.2M square meters)
- Taiwan (Chinese) (1.6M square meters)
- South Korea (0.9M square meters)
- Thailand (0.5M square meters)
- Japan (0.3M square meters)
- Vietnam (0.2M square meters)
- United States (0.1M square meters)
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