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Hong Kong SAR, China - Metallised Yarn And Strip - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jul 10, 2023

Metallised Yarn Price in Hong Kong Slumps to $11.6 per kg After Two Consecutive Months of Contraction

Hong Kong Metallised Yarn Export Price in March 2023

In March 2023, the metallised yarn price stood at $11,616 per ton (FOB, Hong Kong), declining by -65.2% against the previous month. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in August 2022 an increase of 498% m-o-m. As a result, the export price reached the peak level of $102K per ton. From September 2022 to March 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In March 2023, the country with the highest price was Sri Lanka ($24,099 per ton), while the average price for exports to Indonesia ($10,082 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Metallised Yarn in Hong Kong (USD per ton)
COUNTRY	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023
Sri Lanka	31,859	N/A	28,653	19,556	40,546	N/A	37,757	27,912	N/A	9,331	27,928	21,075	24,099
Philippines	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	14,399
China	24,779	27,442	24,323	14,397	21,422	129,387	11,965	99,478	27,027	82,458	115,766	43,914	10,893
Indonesia	N/A	N/A	10,384	8,316	N/A	N/A	N/A	18,576	5,792	N/A	N/A	11,685	10,082
Cambodia	N/A	N/A	5,350	N/A	5,350	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
France	N/A	N/A	27,246	N/A	N/A	N/A	130,966	N/A	11,402	N/A	53,469	N/A	N/A
Average	38,416	29,882	14,070	16,712	17,071	102,054	15,944	42,403	17,350	47,048	82,072	33,360	11,616

Hong Kong Metallised Yarn Exports

For the third month in a row, Hong Kong recorded growth in overseas shipments of metallised yarn and strip, which increased by 1,459% to 21 tons in March 2023. Overall, exports recorded a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metallised yarn exports soared to $240K (IndexBox estimates) in March 2023. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Hong Kong Metallised Yarn Exports by Country

China (19 tons) was the main destination for metallised yarn exports from Hong Kong, with a 91% share of total exports. Moreover, metallised yarn exports to China exceeded the volume sent to the second major destination, the Philippines (652 kg), more than tenfold. Indonesia (561 kg) ranked third in terms of total exports with a 2.7% share.

From March 2022 to March 2023, the average monthly rate of growth in terms of volume to China amounted to +23.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Philippines (0.0% per month) and Indonesia (+10.2% per month).

In value terms, China ($204K) remains the key foreign market for metallised yarn exports from Hong Kong, comprising 85% of total exports. The second position in the ranking was held by Sri Lanka ($12K), with a 4.9% share of total exports. It was followed by the Philippines, with a 3.9% share.

From March 2022 to March 2023, the average monthly rate of growth in terms of value to China stood at +14.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Sri Lanka (+8.8% per month) and the Philippines (0.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metallised yarn 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 13961100 - Metallised yarn, strip and the like of man-made textile materials, combined with metal in thread, strip or powder forms, or covered in metal

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Hong Kong SAR, China - Metallised Yarn And Strip - Market Analysis, Forecast, Size, Trends And Insights

Metallised Yarn Price in Hong Kong Slumps to $11.6 per kg After Two Consecutive Months of Contraction

Hong Kong Metallised Yarn Export Price in March 2023

Hong Kong Metallised Yarn Exports

Hong Kong Metallised Yarn Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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