Hong Kong SAR, China - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMen Knitwear Price in Hong Kong SAR - 2023
Contents:
- Men Knitwear Price in Hong Kong SAR (CIF) - 2023
- Men Knitwear Price in Hong Kong SAR (FOB) - 2023
- Men Knitwear Imports in Hong Kong SAR
- Men Knitwear Exports in Hong Kong SAR
Men Knitwear Price in Hong Kong SAR (CIF) - 2023
The average men knitwear import price stood at $18.9 per unit in September 2023, rising by 18% against the previous month. Over the period under review, import price indicated a strong expansion from September 2022 to September 2023: its price increased at an average monthly rate of +6.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, men knitwear import price increased by +18.2% against August 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 30% against the previous month. The import price peaked at $19.4 per unit in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($18.7 per unit), while the price for Malaysia ($11.8 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Men Knitwear Price in Hong Kong SAR (FOB) - 2023
The average men knitwear export price stood at $18.8 per unit in September 2023, with a decrease of -12.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 20% m-o-m. Over the period under review, the average export prices reached the maximum at $23.4 per unit in February 2023; however, from March 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($45.3 per unit), while the average price for exports to the UK ($10.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Men Knitwear Imports in Hong Kong SAR
In 2022, the amount of men's or boys' clothing (knitted or crocheted) imported into Hong Kong SAR rose markedly to 22M units, growing by 7.9% compared with the previous year. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, men knitwear imports shrank to $243M in 2022. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, imports attained the peak figure at $303M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Men Knitwear in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 134 | 86.9 | 126 | 123 | -2.8% |
| Vietnam | 13.3 | 9.2 | 10.6 | 14.0 | 1.7% |
| Cambodia | 8.6 | 6.6 | 5.9 | 7.0 | -6.6% |
| Japan | 23.1 | 25.4 | 7.2 | 6.3 | -35.2% |
| Philippines | 4.5 | 2.0 | 4.9 | 4.8 | 2.2% |
| Indonesia | 5.3 | 3.2 | 3.0 | 4.3 | -6.7% |
| Bangladesh | 3.0 | 1.6 | 3.3 | 3.7 | 7.2% |
| Malaysia | 4.1 | 2.0 | 1.4 | 3.5 | -5.1% |
| Others | 107 | 79.7 | 82.3 | 75.7 | -10.9% |
| Total | 303 | 217 | 245 | 243 | -7.1% |
Top Suppliers of Men Knitwear to Hong Kong SAR in 2022:
- China (16.7M units)
- Vietnam (1.0M units)
- Cambodia (0.6M units)
- Indonesia (0.5M units)
- Bangladesh (0.4M units)
- Philippines (0.4M units)
- Malaysia (0.3M units)
- Japan (0.2M units)
Men Knitwear Exports in Hong Kong SAR
In 2022, shipments abroad of men's or boys' clothing (knitted or crocheted) decreased by -30.5% to 14M units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 46M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, men knitwear exports shrank to $207M in 2022. In general, exports recorded a abrupt curtailment. The smallest decline of -0.8% was in 2020. The exports peaked at $342M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Men Knitwear in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.5 | 58.0 | 55.1 | 54.8 | 2.1% |
| United States | 53.7 | 56.3 | 35.5 | 29.9 | -17.7% |
| Macao SAR | 22.2 | 16.0 | 21.2 | 18.2 | -6.4% |
| Australia | 11.3 | 10.2 | 11.3 | 9.7 | -5.0% |
| Taiwan (Chinese) | 11.7 | 7.6 | 6.8 | 8.0 | -11.9% |
| United Arab Emirates | 0.2 | 0.2 | 0.1 | 7.9 | 240.6% |
| Germany | 11.4 | 6.3 | 9.3 | 7.2 | -14.2% |
| Malaysia | 5.3 | 3.3 | 2.9 | 7.0 | 9.7% |
| United Kingdom | 29.0 | 41.4 | 10.6 | 6.2 | -40.2% |
| Mexico | 1.4 | 4.2 | 5.3 | 5.5 | 57.8% |
| Netherlands | 27.5 | 45.3 | 15.7 | 5.3 | -42.2% |
| Saudi Arabia | 2.4 | 3.2 | 3.8 | 3.1 | 8.9% |
| Canada | 3.9 | 2.8 | 3.1 | 2.3 | -16.1% |
| Others | 110 | 84.5 | 50.3 | 41.8 | -27.6% |
| Total | 342 | 339 | 231 | 207 | -15.4% |
Top Export Markets for Men Knitwear from Hong Kong SAR in 2022:
- United States (3286.1K units)
- China (2639.8K units)
- Malaysia (769.5K units)
- Australia (544.0K units)
- United Kingdom (488.3K units)
- Taiwan (Chinese) (476.0K units)
- United Arab Emirates (455.9K units)
- Mexico (446.8K units)
- Macao SAR (438.4K units)
- Saudi Arabia (400.6K units)
- Netherlands (393.2K units)
- Germany (316.4K units)
- Canada (276.2K units)
This report provides an in-depth analysis of the men knitwear 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 14131110 - Men
- Prodcom 14131120 - Men
- Prodcom 14131230 - Men
- Prodcom 14131260 - Men
- Prodcom 14131270 - Men
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
194
This report provides an in-depth analysis of the men knitwear market in Hong Kong SAR, China.
291
This report provides an in-depth analysis of the market for metal window and door in Hong Kong SAR, China.
355
This report provides an in-depth analysis of the market for aluminium window and door in Hong Kong SAR, China.
949
This report provides an in-depth analysis of the global men knitwear market.
372
Global Men's Overcoat Market Report 2018. This report provides an in-depth analysis of the global men's overcoat market.
793
This report provides an in-depth analysis of the global market for metal window and door.
864
This report provides an in-depth analysis of the global market for aluminium window and door.
194
This report provides an in-depth analysis of the men knitwear market in Hong Kong SAR, China.
949
This report provides an in-depth analysis of the global men knitwear market.
372
Global Men's Overcoat Market Report 2018. This report provides an in-depth analysis of the global men's overcoat market.
435
As of May 2023, the price for Aluminium Window And Door stood at $57.0 per unit (CIF, Hong Kong), representing a 27% increase from the previous month.
973
In value terms, armoured and reinforced safes, strong-boxes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
1369
Germany took the second spot in the global trade of doors, windows and their frames and thresholds for doors (of iron, steel or aluminium). In 2014, Germany exported X thousand tons of doors, windows and their frames and thresholds for doors (of ir
171
Explore the top import markets for aluminium window and door products around the world. Learn about the key countries driving the import of these construction materials.
