Hong Kong SAR, China - Tulles And Other Net Fabrics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNet Fabric Price in Hong Kong SAR - 2023
Contents:
- Net Fabric Price in Hong Kong SAR (FOB) - 2023
- Net Fabric Price in Hong Kong SAR (CIF) - 2022
- Net Fabric Exports in Hong Kong SAR
- Net Fabric Imports in Hong Kong SAR
Net Fabric Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average net fabric export price amounted to $15,202 per ton, which is down by -14% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 44% against the previous month. As a result, the export price attained the peak level of $17,845 per ton. From October 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($24,451 per ton), while the average price for exports to Vietnam ($7,964 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 Bangladesh (+8.7%), while the prices for the other major destinations experienced a decline.
Net Fabric Price in Hong Kong SAR (CIF) - 2022
In 2022, the average net fabric import price amounted to $17,110 per ton, picking up by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($17,787 per ton), while the price for Vietnam ($9,036 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Net Fabric Exports in Hong Kong SAR
In 2022, net fabric exports from Hong Kong SAR amounted to 2.9K tons, surging by 8.5% on 2021. Over the period under review, exports, however, saw a drastic downturn.
In value terms, net fabric exports expanded sharply to $60M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Net Fabric in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.8 | 26.5 | 34.3 | 28.7 | 5.0% |
Vietnam | 10.7 | 8.1 | 7.0 | 12.8 | 6.2% |
Cambodia | 1.7 | 2.5 | 3.7 | 6.1 | 53.1% |
India | 1.5 | 1.4 | 1.6 | 2.9 | 24.6% |
Sri Lanka | 1.2 | 0.8 | 1.6 | 2.4 | 26.0% |
Indonesia | 1.7 | 1.0 | 1.4 | 1.9 | 3.8% |
Bangladesh | 7.6 | 0.6 | 1.1 | 0.9 | -50.9% |
Others | 3.1 | 1.6 | 1.4 | 3.9 | 8.0% |
Total | 52.2 | 42.4 | 52.1 | 59.6 | 4.5% |
Top Export Markets for Net Fabric from Hong Kong SAR in 2022:
- China (1036.5 tons)
- Vietnam (968.8 tons)
- Cambodia (395.9 tons)
- India (200.9 tons)
- Sri Lanka (83.6 tons)
- Indonesia (82.7 tons)
- Bangladesh (37.4 tons)
Net Fabric Imports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in supplies from abroad of tulles and other net fabrics, which decreased by -47.2% to 640 tons in 2022. Overall, imports recorded a dramatic decrease. The smallest decline of -29.2% was in 2020.
In value terms, net fabric imports contracted significantly to $11M in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -23.7% was in 2021.
Import of Net Fabric in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 21.9 | 9.7 | 6.7 | 4.3 | -41.9% |
Taiwan (Chinese) | 6.8 | 4.9 | 4.9 | 2.1 | -32.4% |
South Korea | 4.9 | 5.1 | 1.8 | 1.2 | -37.4% |
Vietnam | 0.3 | 0.4 | 0.4 | 0.1 | -30.7% |
Others | 3.9 | 3.3 | 4.0 | 3.2 | -6.4% |
Total | 37.9 | 23.3 | 17.8 | 11.0 | -33.8% |
Top Suppliers of Net Fabric to Hong Kong SAR in 2022:
- China (377.7 tons)
- Taiwan (Chinese) (148.8 tons)
- South Korea (67.5 tons)
- Vietnam (13.4 tons)
This report provides an in-depth analysis of the net fabric 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 13991130 - Tulles and other net fabrics (excluding woven, knitted or crocheted)
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
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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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From April 2023 to October 2023, the exports of Net Fabric did not recover momentum. The value of net fabric exports surged to $710K in October 2023.
In June 2023, the price of Net Fabric was $15,202 per ton (FOB, Hong Kong), showing a decrease of -14% compared to the previous month.
In value terms, tulles and other net fabrics imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern ind...
In value terms, tulles and other net fabrics exports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total exports value increased at an average annual rate ...
From April 2023 to October 2023, the exports of Net Fabric did not recover momentum. The value of net fabric exports surged to $710K in October 2023.
In June 2023, the price of Net Fabric was $15,202 per ton (FOB, Hong Kong), showing a decrease of -14% compared to the previous month.
In value terms, tulles and other net fabrics imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern ind...
In value terms, tulles and other net fabrics exports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total exports value increased at an average annual rate ...