Price for Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR - 2024
Contents:
- Price for Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR (FOB) - 2022
- Price for Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR (CIF) - 2022
- Exports of Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR
- Imports of Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR
Price for Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $70 per unit, with an increase of 21% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 28%. As a result, the export price reached the peak level of $90 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($293 per unit), while the average price for exports to the United Arab Emirates ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $32 per unit, rising by 46% against the previous year. In general, the import price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2016 an increase of 50% against the previous year. As a result, import price reached the peak level of $101 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($36 per unit), while the price for Bangladesh ($6.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.3%), while the prices for the other major suppliers experienced a decline.
Exports of Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR
In 2022, exports of wigs; complete, of synthetic textile materialses from Hong Kong SAR contracted notably to 93K units, waning by -17.1% compared with the year before. Overall, exports showed a abrupt contraction. The smallest decline of -10.7% was in 2021. The exports peaked at 144K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of wigs; complete, of synthetic textile materialses reached $6.6M in 2022. Over the period under review, exports saw a abrupt downturn. Over the period under review, the exports of hit record highs at $11M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,657 | 2,501 | 2,341 | 2,846 | -8.0% |
| United States | 1,394 | 1,808 | 1,023 | 1,057 | -8.8% |
| France | 1,082 | 1,130 | 880 | 730 | -12.3% |
| Netherlands | 373 | 246 | 225 | 473 | 8.2% |
| China | 310 | 400 | 442 | 158 | -20.1% |
| United Kingdom | 667 | 297 | 67.5 | 80.0 | -50.7% |
| Spain | 1,070 | 417 | 225 | 41.5 | -66.2% |
| United Arab Emirates | 32.7 | 2.2 | 10.1 | 31.1 | -1.7% |
| Benin | 310 | 0.2 | N/A | N/A | -99.9% |
| Nigeria | 123 | N/A | 0.6 | N/A | -93.0% |
| Others | 1,646 | 775 | 1,361 | 1,159 | -11.0% |
| Total | 10,665 | 7,575 | 6,575 | 6,575 | -14.9% |
Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Hong Kong SAR in 2022:
- United States (39.8K units)
- Germany (21.2K units)
- China (7.9K units)
- France (6.2K units)
- United Arab Emirates (3.0K units)
- United Kingdom (2.8K units)
- Netherlands (1.6K units)
- Spain (0.5K units)
Imports of Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR
In 2022, overseas purchases of wigs; complete, of synthetic textile materialses decreased by -62.1% to 68K units, falling for the second consecutive year after two years of growth. Overall, imports faced a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 143% against the previous year. As a result, imports attained the peak of 261K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wigs; complete, of synthetic textile materialses shrank notably to $2.2M in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 104%. As a result, imports reached the peak of $6.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Wigs; Complete, of Synthetic Textile Materials in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 5.7 | 3.3 | 2.0 | -10.6% |
| Bangladesh | 0.1 | 0.3 | 0.2 | N/A | 41.4% |
| Japan | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| Total | 3.1 | 6.3 | 3.9 | 2.2 | -10.8% |
Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Hong Kong SAR in 2022:
- China (65.2K units)
- Japan (1.1K units)
- Bangladesh (0.9K units)
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