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

Contents:

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

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

The average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $5,058 per ton in 2022, waning by -22.6% against the previous year. Overall, the export price showed a perceptible slump. The pace of growth was the most pronounced in 2016 an increase of 126% against the previous year. As a result, the export price attained the peak level of $24,608 per ton. From 2017 to 2022, the average export prices remained at a somewhat 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 the Philippines ($41,353 per ton), while the average price for exports to Brazil ($1,611 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 Bangladesh (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $17,674 per ton, waning by -66.7% against the previous year. Overall, the import price showed a mild setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 94% against the previous year. The import price peaked at $53,383 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($166,667 per ton), while the price for Israel ($8,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya from Hong Kong SAR declined notably to 6.1 tons, which is down by -30.3% compared with the previous year's figure. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 248% against the previous year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya shrank significantly to $31K in 2022. Overall, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 188% against the previous year.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives13.24.113.09.3-11.0%
Sweden7.82.47.75.5-11.0%
Cambodia5.22.112.75.0-1.3%
Bangladesh11.42.86.73.7-31.3%
Brazil6.11.43.21.6-36.0%
Panama5.81.32.91.5-36.3%
India0.70.62.51.219.7%
Indonesia14.71.31.10.8-62.1%
Philippines54.00.30.90.7-76.5%
Mozambique1.0N/AN/AN/A0%
Others7.73.66.21.3-44.7%
Total12819.857.030.7-37.9%

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

  1. Maldives (1637.0 kg)
  2. Sweden (1335.0 kg)
  3. Cambodia (1172.0 kg)
  4. Brazil (1012.0 kg)
  5. India (214.0 kg)
  6. Panama (209.0 kg)
  7. Bangladesh (163.0 kg)
  8. Indonesia (92.0 kg)
  9. Philippines (17.0 kg)

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

Imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya into Hong Kong SAR surged to 530 kg in 2022, with an increase of 338% compared with 2021. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya skyrocketed to $9.4K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Hong Kong SAR (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.07.02094,450329.9%
Israel1,0947604552,06723.6%
Italy692365125569-6.3%
United Kingdom9421,5605,312500-19.0%
Japan762353107429-17.4%
United States65627474.0269-25.7%
Czech Republic75.057.028.026652.5%
Others23710211081751.1%
Total4,5143,4786,4209,36727.5%

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

  1. Israel (258.0 kg)
  2. China (232.0 kg)
  3. Italy (11.0 kg)
  4. Japan (11.0 kg)
  5. Czech Republic (6.0 kg)
  6. United States (4.0 kg)
  7. United Kingdom (3.0 kg)

Source: IndexBox Market Intelligence Platform

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