Hong Kong SAR, China - Nets of Twine, Cordage, Rope or Textile Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Twine, Cordage or Textile Net in Hong Kong SAR - 2023
Contents:
- Price for Twine, Cordage or Textile Net in Hong Kong SAR (CIF) - 2023
- Price for Twine, Cordage or Textile Net in Hong Kong SAR (FOB) - 2022
- Imports of Twine, Cordage or Textile Net in Hong Kong SAR
- Exports of Twine, Cordage or Textile Net in Hong Kong SAR
Price for Twine, Cordage or Textile Net in Hong Kong SAR (CIF) - 2023
In August 2023, the average import price for nets of twine, cordage, rope or textile materials amounted to $4,050 per ton, surging by 19% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 40% against the previous month. Over the period under review, average import prices reached the maximum at $4,488 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Mexico ($7,276 per ton), while the price for China ($3,734 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Twine, Cordage or Textile Net in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for nets of twine, cordage, rope or textile materials amounted to $6,770 per ton, reducing by -19.7% against the previous year. In general, the export price, however, showed slight growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 79%. As a result, the export price attained the peak level of $13,934 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
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 South Korea ($21,165 per ton), while the average price for exports to the Philippines ($2,587 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 Democratic Republic of the Congo (+40.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Twine, Cordage or Textile Net in Hong Kong SAR
Twine, cordage or textile net imports into Hong Kong SAR surged to 2K tons in 2022, growing by 35% compared with the previous year's figure. In general, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, twine, cordage or textile net imports declined to $6.7M in 2022. Over the period under review, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year.
Import of Twine, Cordage or Textile Net in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.1 | 4.9 | 6.1 | 5.4 | -8.7% |
Sri Lanka | 0.3 | 0.3 | 0.2 | 0.6 | 26.0% |
Italy | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
India | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Others | 0.7 | 0.8 | 0.9 | 0.5 | -10.6% |
Total | 8.3 | 6.1 | 7.4 | 6.7 | -6.9% |
Top Suppliers of Twine, Cordage or Textile Net to Hong Kong SAR in 2022:
- China (1689.6 tons)
- Sri Lanka (125.8 tons)
- India (81.3 tons)
- Italy (31.6 tons)
Exports of Twine, Cordage or Textile Net in Hong Kong SAR
Twine, cordage or textile net exports from Hong Kong SAR skyrocketed to 151 tons in 2022, growing by 19% on the previous year's figure. In general, exports, however, faced a abrupt curtailment.
In value terms, twine, cordage or textile net exports shrank to $1M in 2022. Overall, exports, however, continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 9.3% against the previous year.
Export of Twine, Cordage or Textile Net in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 6.0 | 50.2 | 90.8 | 212 | 228.1% |
China | 195 | 62.7 | 153 | 170 | -4.5% |
Canada | 879 | 89.7 | 75.1 | 91.1 | -53.0% |
Singapore | 9.2 | 16.3 | 14.1 | 80.2 | 105.8% |
United States | 307 | 92.4 | 173 | 61.5 | -41.5% |
South Korea | 8.2 | 10.5 | 7.1 | 58.9 | 92.9% |
Australia | 61.4 | 11.1 | 31.2 | 57.2 | -2.3% |
Vietnam | 27.0 | 9.8 | 7.2 | 55.6 | 27.2% |
Germany | 722 | 250 | 74.7 | 14.3 | -72.9% |
United Kingdom | 20.6 | 14.1 | 9.1 | 10.5 | -20.1% |
Japan | 83.0 | 54.6 | 18.6 | 10.3 | -50.1% |
Netherlands | 155 | 33.6 | 0.5 | 9.1 | -61.1% |
Others | 151 | 286 | 418 | 194 | 8.7% |
Total | 2,625 | 981 | 1,072 | 1,025 | -26.9% |
Top Export Markets for Twine, Cordage or Textile Net from Hong Kong SAR in 2022:
- Philippines (82.0 tons)
- China (13.1 tons)
- Canada (11.6 tons)
- Singapore (8.8 tons)
- United States (6.2 tons)
- Vietnam (6.2 tons)
- Australia (4.5 tons)
- South Korea (2.8 tons)
- United Kingdom (2.5 tons)
- Netherlands (1.7 tons)
- Japan (0.8 tons)
- Germany (0.7 tons)
This report provides an in-depth analysis of the market for twine, cordage or textile net in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13941233 - Made-up fishing nets from twine, cordage or rope of manmade fibres (excluding fish landing nets)
- Prodcom 13941235 - Made-up fishing nets from yarn of man-made fibres (excluding fish landing nets)
- Prodcom 13941253 - Made-up nets from twine, cable or rope of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets)
- Prodcom 13941255 - Made-up nets of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets, those made from twine, cable or rope)
- Prodcom 13941259 - Knotted netting of textile materials (excluding made-up fishing nets of man-made textiles, other made-up nets of nylon or other polyamides)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for twine, cordage or textile net in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for twine, cordage or textile net.
Global Man-Made Fibre Fishing Net Market Report 2018. This report provides an in-depth analysis of the global market for man-made fibre fishing net.
Global Yarn Fishing Net Market Report 2018. This report provides an in-depth analysis of the global yarn fishing net market.
Global Nylon Net Market Report 2018. This report provides an in-depth analysis of the global nylon net market.
This report provides an in-depth analysis of the market for twine, cordage or textile net in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for twine, cordage or textile net.
Global Man-Made Fibre Fishing Net Market Report 2018. This report provides an in-depth analysis of the global market for man-made fibre fishing net.
Global Yarn Fishing Net Market Report 2018. This report provides an in-depth analysis of the global yarn fishing net market.
Global Nylon Net Market Report 2018. This report provides an in-depth analysis of the global nylon net market.
In value terms, twine, cordage and rope imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, twine, cordage and rope exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
In value terms, twine, cordage and rope imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, twine, cordage and rope exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>