Hong Kong SAR, China - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHat and Headgear Price in Hong Kong SAR - 2023
Contents:
- Hat and Headgear Price in Hong Kong SAR (FOB) - 2023
- Hat and Headgear Price in Hong Kong SAR (CIF) - 2022
- Hat and Headgear Exports in Hong Kong SAR
- Hat and Headgear Imports in Hong Kong SAR
Hat and Headgear Price in Hong Kong SAR (FOB) - 2023
The average hat and headgear export price stood at $7.7 per unit in June 2023, rising by 4.8% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 20% m-o-m. Over the period under review, the average export prices reached the peak figure at $9.6 per unit in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was South Korea ($20.9 per unit), while the average price for exports to Canada ($3.2 per unit) 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 France (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hat and Headgear Price in Hong Kong SAR (CIF) - 2022
In 2022, the average hat and headgear import price amounted to $25 per unit, falling by -31.2% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum at $36 per unit in 2021, and then fell remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($77 per unit), while the price for Malaysia ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Hat and Headgear Exports in Hong Kong SAR
In 2022, the amount of hats and other headgear exported from Hong Kong SAR soared to 8.4M units, jumping by 126% on 2021 figures. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hat and headgear exports shrank notably to $73M in 2022. In general, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of $115M, and then contracted remarkably in the following year.
| Export of Hat and Headgear in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.3 | 24.0 | 27.9 | 13.2 | -22.4% |
| China | 8.8 | 18.7 | 18.4 | 10.7 | 6.7% |
| South Korea | 1.4 | 1.0 | 3.5 | 6.7 | 68.5% |
| Macao SAR | 2.5 | 2.6 | 5.6 | 3.9 | 16.0% |
| Australia | 10.2 | 5.7 | 8.8 | 3.8 | -28.0% |
| Japan | 10.1 | 7.3 | 5.5 | 3.4 | -30.4% |
| Germany | 3.7 | 2.6 | 3.8 | 2.8 | -8.9% |
| Mexico | 1.4 | 0.5 | 2.1 | 2.3 | 18.0% |
| United Kingdom | 5.8 | 3.1 | 3.9 | 2.2 | -27.6% |
| Netherlands | 4.1 | 4.0 | 6.7 | 1.9 | -22.6% |
| France | 2.9 | 4.0 | 2.9 | 1.4 | -21.6% |
| Malaysia | 1.3 | 1.1 | 1.0 | 1.4 | 2.5% |
| Canada | 4.6 | 4.4 | 4.6 | 1.1 | -37.9% |
| Others | 26.4 | 22.1 | 20.6 | 17.8 | -12.3% |
| Total | 111 | 101 | 115 | 72.6 | -13.2% |
Top Export Markets for Hat and Headgear from Hong Kong SAR in 2022:
- United States (2671.2K units)
- China (940.3K units)
- United Kingdom (431.6K units)
- Australia (358.1K units)
- Mexico (306.3K units)
- Canada (298.7K units)
- Japan (284.4K units)
- Netherlands (264.6K units)
- Germany (244.2K units)
- France (236.1K units)
- Malaysia (222.0K units)
- South Korea (195.7K units)
- Macao SAR (170.8K units)
Hat and Headgear Imports in Hong Kong SAR
In 2022, the amount of hats and other headgear imported into Hong Kong SAR soared to 2.9M units, with an increase of 49% on the previous year's figure. In general, imports, however, saw a pronounced downturn. Imports peaked at 3.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, hat and headgear imports expanded to $72M in 2022. Overall, imports, however, showed a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports reached the maximum at $76M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Hat and Headgear in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.1 | 23.1 | 28.1 | 22.2 | -22.2% |
| Italy | 6.1 | 6.1 | 7.7 | 9.2 | 14.7% |
| South Korea | 3.5 | 2.0 | 4.8 | 7.8 | 30.6% |
| Vietnam | 1.2 | 2.0 | 2.2 | 5.0 | 60.9% |
| United States | 1.6 | 1.6 | 2.8 | 2.5 | 16.0% |
| Japan | 1.3 | 1.6 | 1.7 | 2.2 | 19.2% |
| Taiwan (Chinese) | 1.1 | 1.4 | 2.3 | 2.0 | 22.1% |
| Singapore | 1.0 | 1.8 | 0.9 | 1.7 | 19.3% |
| Bangladesh | 0.3 | 0.3 | 0.8 | 1.4 | 67.1% |
| Cambodia | 0.5 | 0.4 | 0.9 | 1.3 | 37.5% |
| Thailand | 0.4 | 0.7 | 1.6 | 1.1 | 40.1% |
| Malaysia | 0.4 | 0.3 | 0.5 | 0.4 | 0.0% |
| Others | 12.0 | 15.0 | 16.2 | 15.0 | 7.7% |
| Total | 76.4 | 56.3 | 70.2 | 71.8 | -2.0% |
Top Suppliers of Hat and Headgear to Hong Kong SAR in 2022:
- China (1535.7K units)
- Vietnam (258.5K units)
- South Korea (218.6K units)
- Singapore (120.8K units)
- Italy (118.7K units)
- Malaysia (111.6K units)
- United States (63.3K units)
- Bangladesh (61.0K units)
- Japan (58.5K units)
- Thailand (57.3K units)
- Cambodia (55.4K units)
- Taiwan (Chinese) (46.9K units)
This report provides an in-depth analysis of the hat and headgear 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 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
- Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
- Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
- Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear
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 hat and headgear market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global hat and headgear market.
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This report provides an in-depth analysis of the hat and headgear market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global hat and headgear market.
924
In value terms, hat-forms, hat bodies and hoods of felt imports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual...
898
In value terms, hat-shapes imports stood at $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
622
In value terms, knitted and crocheted hats and other headgear imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; ho...
842
In value terms, headgear imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations...
640
In value terms, head-bands, linings, covers and hat foundations imports totaled $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an averag...
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In value terms, hat-forms, hat bodies and hoods of felt exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value decreased at an average ann...
580
In value terms, hat-shapes exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated so...
745
In value terms, knitted and crocheted hats and other headgear exports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an ...
639
In value terms, headgear exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last...
