Hong Kong SAR, China - Wool - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWool Price in Hong Kong SAR - 2023
Contents:
- Wool Price in Hong Kong SAR (FOB) - 2022
- Wool Price in Hong Kong SAR (CIF) - 2022
- Wool Exports in Hong Kong SAR
- Wool Imports in Hong Kong SAR
Wool Price in Hong Kong SAR (FOB) - 2022
The average wool export price stood at $1,803 per ton in 2022, which is down by -9.1% against the previous year. Over the period under review, the export price faced a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -6.6%. The export price peaked at $5,876 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($9,491 per ton), while the average price for exports to Sri Lanka ($1,061 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 Sri Lanka (-12.4%), while the prices for the other major destinations experienced a decline.
Wool Price in Hong Kong SAR (CIF) - 2022
The average wool import price stood at $1,687 per ton in 2022, which is down by -57.3% against the previous year. In general, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 an increase of 126% against the previous year. The import price peaked at $7,608 per ton in 2014; however, from 2015 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 New Zealand ($25,175 per ton), while the price for China ($1,005 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Wool Exports in Hong Kong SAR
In 2022, the amount of wool exported from Hong Kong SAR dropped rapidly to 434 tons, reducing by -17.8% against the previous year. In general, exports recorded a abrupt contraction. The smallest decline of -8.4% was in 2021.
In value terms, wool exports contracted notably to $783K in 2022. Over the period under review, exports recorded a significant decrease. The smallest decline of -18.5% was in 2021.
Export of Wool in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,302 | 1,047 | 812 | 519 | -26.4% |
United Kingdom | 101 | 134 | 127 | 140 | 11.5% |
Australia | 51.7 | 74.4 | 76.8 | 92.3 | 21.3% |
Sri Lanka | 29.2 | 30.6 | 32.0 | 31.3 | 2.3% |
Others | 103 | N/A | N/A | N/A | 0% |
Total | 1,588 | 1,286 | 1,048 | 783 | -21.0% |
Top Export Markets for Wool from Hong Kong SAR in 2022:
- China (374.4 tons)
- Sri Lanka (29.5 tons)
- United Kingdom (20.6 tons)
- Australia (9.7 tons)
Wool Imports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in purchases abroad of wool, when their volume increased by 87% to 93 tons. Over the period under review, imports, however, showed a sharp reduction.
In value terms, wool imports contracted notably to $157K in 2022. In general, imports, however, recorded a dramatic setback.
Import of Wool in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 32.9 | 34.7 | 9.2 | 90.2 | 40.0% |
South Africa | 76.5 | 27.4 | 52.6 | 40.8 | -18.9% |
New Zealand | 65.2 | 101 | 63.8 | 9.1 | -48.1% |
United Kingdom | 62.4 | 54.8 | 13.0 | 4.9 | -57.2% |
Egypt | 44.5 | N/A | N/A | N/A | 0% |
Kyrgyzstan | N/A | N/A | 39.0 | N/A | 0% |
Turkey | 26.1 | N/A | N/A | N/A | 0% |
Others | 117 | 43.1 | 18.6 | 12.0 | -53.2% |
Total | 425 | 261 | 196 | 157 | -28.2% |
Top Suppliers of Wool to Hong Kong SAR in 2022:
- China (89.8 tons)
- South Africa (1.6 tons)
- United Kingdom (0.4 tons)
- New Zealand (0.4 tons)
This report provides an in-depth analysis of the wool market 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 13102200 - Wool, degreased or carbonised, not carded or combed
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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 wool market in Hong Kong SAR, China.
This report provides an in-depth analysis of the greasy wool market in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for electric shavers, hair-removing appliances and hair clippers in Hong Kong SAR, China.
This report provides an in-depth analysis of the global wool market.
This report provides an in-depth analysis of the global greasy wool market.
This report provides an in-depth analysis of the global market for electric shavers, hair-removing appliances and hair clippers.
This report provides an in-depth analysis of the wool market in Hong Kong SAR, China.
This report provides an in-depth analysis of the greasy wool market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global wool market.
This report provides an in-depth analysis of the global greasy wool market.
Discover the key importing countries and trends in the global market for wool, driven by the demand for natural and sustainable fibers. China, India, Italy, South Korea, and Malaysia lead the industry, offering opportunities for exporters to tap into these lucrative markets.
In value terms, wood wool and wood flour imports amounted to $X in 2016. Overall, wood wool and wood flour imports continue to indicate a temperate slump. Over the period under review, global wood w...
In value terms, fine and coarse animal hair imports amounted to $X in 2016. Overall, fine and coarse animal hair imports continue to indicate a relatively flat trend pattern. Global fine and coarse...
In value terms, wool waste and coarse animal hair waste imports stood at $X in 2016. In general, wool waste and coarse animal hair waste imports continue to indicate a relatively flat trend pattern...
In value terms, wood wool and wood flour exports amounted to $X in 2016. Overall, wood wool and wood flour exports continue to indicate a relatively flat trend pattern. Over the period under review,...
In value terms, wool waste and coarse animal hair waste exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, t...
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
In 2016, the amount of wool imported worldwide amounted to X tons, going down by -X% against the previous year figure. In general, wool imports continue to indicate a slight reduction. The pace...
Discover the leading countries in the global market for greasy wool imports and their key statistics. Learn about the demand for this valuable raw material in key textile industries.
China dominates in the global wool grease trade. In 2014, China exported X thousand tons of wool grease totaling X million USD, X% under the previous year. Its primary trading partner was Japan, where it supplied X% of its total wool grease expor