Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $7,309 per ton in 2022, which is down by -18.1% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 83%. As a result, the export price reached the peak level of $10,984 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.1% per year.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $3,665 per ton, shrinking by -11.7% against the previous year. Over the period under review, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 95%. As a result, import price attained the peak level of $9,825 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +12.8% per year.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR
Exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Hong Kong SAR contracted markedly to 15 tons in 2022, which is down by -49.6% on the year before. Over the period under review, exports recorded a dramatic decrease. The smallest decline of -32.5% was in 2021.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses declined dramatically to $107K in 2022. In general, exports recorded a significant decline. The smallest decline of -27.9% was in 2021.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 502 | 361 | 260 | 106 | -40.5% |
| Others | N/A | N/A | N/A | 1.0 | 0% |
| Total | 502 | 361 | 260 | 107 | -40.3% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Hong Kong SAR in 2022:
- China (14.6 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR
In 2022, supplies from abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -31.2% to 3.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. As a result, imports reached the peak of 8.2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses declined markedly to $13K in 2022. Overall, imports showed a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 70% against the previous year. As a result, imports reached the peak of $27K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 26.9 | 21.7 | 13.2 | -6.4% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 16.1 | 27.3 | 21.7 | 13.2 | -6.4% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Hong Kong SAR in 2022:
- China (3.6 tons)
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