Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR - 2022

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR (FOB) - 2022
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR (CIF) - 2022
3. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR
4. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $1,919 per ton, falling by -11.2% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 27% against the previous year. As a result, the export price attained the peak level of $6,659 per ton. From 2016 to 2022, the average 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 the Philippines ($5,632 per ton), while the average price for exports to Thailand ($1,400 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 Australia (+31.4%), while the prices for the other major destinations experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR (CIF) - 2022

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $2,894 per ton in 2022, declining by -9% against the previous year. In general, the import price faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 64% against the previous year. The import price peaked at $10,751 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +40.9% per year.

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR

In 2022, shipments abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters decreased by -72% to 15 tons, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 162%. As a result, the exports reached the peak of 91 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters contracted rapidly to $30K in 2022. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. As a result, the exports reached the peak of $201K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Hong Kong SAR in 2022:

1. India (10.4 tons)
2. Singapore (2.1 tons)
3. Malaysia (1.7 tons)
4. Canada (0.2 tons)

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Hong Kong SAR

In 2022, approx. 6.9 tons of textile fabrics; tyrecord of high tenacity yarn of polyesters were imported into Hong Kong SAR; dropping by -6.5% on the previous year's figure. In general, imports saw a abrupt decrease. The smallest decline of -5% was in 2020.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters fell to $20K in 2022. Over the period under review, imports continue to indicate a significant decline.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Hong Kong SAR in 2022:

1. France (6.9 tons)

Source: IndexBox Market Intelligence Platform