Hong Kong SAR, China - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Yarn Price in Hong Kong SAR - 2023
Contents:
- Cotton Yarn Price in Hong Kong SAR (CIF) - 2023
- Cotton Yarn Price in Hong Kong SAR (FOB) - 2023
- Cotton Yarn Imports in Hong Kong SAR
- Cotton Yarn Exports in Hong Kong SAR
Cotton Yarn Price in Hong Kong SAR (CIF) - 2023
The average cotton yarn import price stood at $5,205 per ton in June 2023, declining by -7.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 28% against the previous month. As a result, import price attained the peak level of $9,472 per ton. From November 2022 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($6,061 per ton), while the price for Taiwan (Chinese) ($1,740 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Cotton Yarn Price in Hong Kong SAR (FOB) - 2023
The average cotton yarn export price stood at $5,380 per ton in June 2023, waning by -16.4% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 30% against the previous month. Over the period under review, the average export prices hit record highs at $8,013 per ton in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($11,477 per ton), while the average price for exports to China ($4,932 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton Yarn Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of cotton yarn, which decreased by -77% to 11K tons in 2022. Over the period under review, imports continue to indicate a significant contraction. The smallest decline of -31.3% was in 2020.
In value terms, cotton yarn imports reduced markedly to $70M in 2022. In general, imports continue to indicate a dramatic contraction. The smallest decline of -14.4% was in 2021.
| Import of Cotton Yarn in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 302 | 200 | 172 | 48.2 | -45.8% |
| Vietnam | 62.7 | 46.1 | 32.4 | 8.5 | -48.6% |
| India | 16.5 | 13.3 | 15.2 | 2.8 | -44.6% |
| Indonesia | 5.0 | 4.4 | 6.4 | 2.3 | -22.8% |
| Pakistan | 15.4 | 4.1 | 3.5 | 1.6 | -53.0% |
| Taiwan (Chinese) | 14.3 | 4.3 | 1.1 | N/A | -72.3% |
| Others | 16.9 | 9.5 | 10.3 | 6.8 | -26.2% |
| Total | 433 | 282 | 241 | 70.3 | -45.4% |
Top Suppliers of Cotton Yarn to Hong Kong SAR in 2022:
- Taiwan (Chinese) (undefinedK tons)
- China (7.4K tons)
- Vietnam (2.1K tons)
- India (0.6K tons)
- Pakistan (0.4K tons)
- Indonesia (0.4K tons)
Cotton Yarn Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of cotton yarn, which decreased by -75.3% to 12K tons in 2022. In general, exports showed a dramatic slump. The smallest decline of -29.7% was in 2020.
In value terms, cotton yarn exports fell markedly to $73M in 2022. Overall, exports recorded a sharp contraction. The smallest decline of -19.8% was in 2021.
| Export of Cotton Yarn in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 390 | 246 | 195 | 50.7 | -49.3% |
| Cambodia | 17.5 | 11.4 | 17.1 | 10.0 | -17.0% |
| Vietnam | 22.5 | 18.6 | 13.8 | 8.2 | -28.6% |
| Bangladesh | 10.5 | 6.4 | 2.1 | 1.8 | -44.4% |
| Indonesia | 11.6 | 6.5 | 4.1 | 1.0 | -55.8% |
| Others | 6.2 | 5.4 | 3.7 | 1.3 | -40.6% |
| Total | 458 | 294 | 236 | 73.0 | -45.8% |
Top Export Markets for Cotton Yarn from Hong Kong SAR in 2022:
- China (8.9K tons)
- Cambodia (1.2K tons)
- Vietnam (0.9K tons)
- Bangladesh (0.2K tons)
- Indonesia (0.1K tons)
This report provides an in-depth analysis of the cotton 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 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
- Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
- Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
- Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
- Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
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
-
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
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This report provides an in-depth analysis of the cotton yarn market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global cotton yarn market.
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This report provides an in-depth analysis of the cotton yarn market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global cotton yarn market.
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In March 2023, the cotton yarn price amounted to $5,572 per ton (CIF, Hong Kong), rising by 9.2% against the previous month.
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Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
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After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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In value terms, cotton waste imports stood at $X in 2016. Overall, cotton waste imports continue to indicate a relatively flat trend pattern. In that year, global cotton waste imports attained its ...
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In 2016, approx. X tons of cotton were imported worldwide; increasing by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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In value terms, cotton yarn for retail sale imports totaled $X in 2016. Overall, cotton yarn for retail sale imports continue to indicate a relatively flat trend pattern. Over the period under revi...
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In value terms, cotton waste exports stood at $X in 2016. Overall, cotton waste exports continue to indicate a slight growth. In that year, global cotton waste exports attained its maximum level of...
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In 2016, the global cotton exports amounted to X tons, declining by -X% against the previous year figure. Overall, it indicated a notable growth from 2007 to 2016: the total exports volume inc...
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In value terms, cotton yarn for retail sale exports stood at $X in 2016. Overall, cotton yarn for retail sale exports continue to indicate a mild contraction. In that year, global cotton yarn for r...
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In 2016, approx. X tons of cotton yarn were imported worldwide- lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the pe...
