Hong Kong SAR, China - Nonwoven Fabric - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNonwoven Fabric Price in Hong Kong SAR - 2023
Contents:
- Nonwoven Fabric Price in Hong Kong SAR (CIF) - 2023
- Nonwoven Fabric Price in Hong Kong SAR (FOB) - 2023
- Nonwoven Fabric Imports in Hong Kong SAR
- Nonwoven Fabric Exports in Hong Kong SAR
Nonwoven Fabric Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average nonwoven fabric import price amounted to $8,188 per ton, flattening at 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 February 2023 when the average import price increased by 23% m-o-m. The import price peaked at $13,212 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($45,518 per ton), while the price for Thailand ($3,899 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Nonwoven Fabric Price in Hong Kong SAR (FOB) - 2023
The average nonwoven fabric export price stood at $12,069 per ton in September 2023, with a decrease of -25.6% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 55% m-o-m. As a result, the export price attained the peak level of $20,463 per ton. From November 2022 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Vietnam ($15,624 per ton), while the average price for exports to Bangladesh ($8,980 per ton) 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 Switzerland (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Nonwoven Fabric Imports in Hong Kong SAR
Nonwoven fabric imports into Hong Kong SAR totaled 20K tons in 2022, growing by 9.6% compared with the year before. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 22K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nonwoven fabric imports fell to $150M in 2022. Over the period under review, imports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, imports reached the peak of $196M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Nonwoven Fabric in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 67.8 | 81.6 | 72.3 | 61.0 | -3.5% |
| Japan | 41.2 | 49.3 | 26.8 | 32.3 | -7.8% |
| United States | 25.0 | 25.2 | 33.5 | 28.0 | 3.8% |
| Taiwan (Chinese) | 7.5 | 11.3 | 9.5 | 8.0 | 2.2% |
| United Kingdom | 9.7 | 8.7 | 7.0 | 7.0 | -10.3% |
| Italy | 3.9 | 2.7 | 4.2 | 3.5 | -3.5% |
| South Korea | 4.6 | 2.1 | 2.4 | 2.5 | -18.4% |
| Belgium | 0.7 | 2.1 | 2.0 | 1.7 | 34.4% |
| Others | 6.5 | 13.0 | 5.4 | 6.5 | 0.0% |
| Total | 167 | 196 | 163 | 150 | -3.5% |
Top Suppliers of Nonwoven Fabric to Hong Kong SAR in 2022:
- China (11.5K tons)
- United States (2.1K tons)
- Taiwan (Chinese) (1.8K tons)
- United Kingdom (1.2K tons)
- Japan (1.0K tons)
- Italy (0.5K tons)
- Belgium (0.4K tons)
- South Korea (0.3K tons)
Nonwoven Fabric Exports in Hong Kong SAR
In 2022, the amount of nonwoven fabrics exported from Hong Kong SAR declined to 11K tons, waning by -4.5% against the previous year. In general, exports recorded a deep downturn. The smallest decline of -4.3% was in 2020.
In value terms, nonwoven fabric exports dropped rapidly to $109M in 2022. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of less than 0.1%. As a result, the exports reached the peak of $168M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Nonwoven Fabric in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 114 | 103 | 70.8 | -12.9% |
| Vietnam | 20.6 | 18.9 | 16.5 | 12.3 | -15.8% |
| Cambodia | 9.0 | 6.5 | 7.0 | 4.9 | -18.3% |
| Bangladesh | 6.3 | 4.8 | 6.1 | 4.1 | -13.3% |
| Indonesia | 4.6 | 3.2 | 3.3 | 2.4 | -19.5% |
| India | 3.9 | 3.9 | 2.6 | 2.3 | -16.1% |
| Others | 17.0 | 17.2 | 15.9 | 12.1 | -10.7% |
| Total | 168 | 168 | 154 | 109 | -13.4% |
Top Export Markets for Nonwoven Fabric from Hong Kong SAR in 2022:
- China (6.7K tons)
- Vietnam (1.3K tons)
- Cambodia (0.7K tons)
- Bangladesh (0.6K tons)
- Indonesia (0.3K tons)
- India (0.3K tons)
This report provides an in-depth analysis of the nonwoven 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 13951010 - Non-wovens of a weight . .25 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951020 - Non-wovens of a weight of > .25 g/m. but . .70 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951030 - Non-wovens of a weight of > .70 g/m. but . .150 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951050 - Non-wovens of a weight of > .150 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
- Prodcom 13951070 - Non-wovens, coated or covered (including articles made from non-wovens) (excluding articles of apparel)
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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This report provides an in-depth analysis of the nonwoven fabric market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global nonwoven fabric market.
357
This report provides an in-depth analysis of the nonwoven fabric market in Hong Kong SAR, China.
1808
This report provides an in-depth analysis of the global nonwoven fabric market.
2388
During the pandemic, increased demand for facemasks and medical textiles accelerated the growth in global nonwoven fabric exports. China remains the largest supplier of the product worldwide. By 2030, the market for nonwovens should expand to 13M tons driven by the recovering demand from the construction, manufacturing and agricultural sectors as well as continued high consumption rates in the medical industry.
2310
In 2016, the amount of nonwoven textile imported worldwide stood at X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X>
941
In 2016, the amount of nonwoven textile imported worldwide stood at X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X>
1486
China has become the leader in the global nonwoven textile trade. In 2014, China exported X thousand tons of nonwoven textiles, totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X%
2388
During the pandemic, increased demand for facemasks and medical textiles accelerated the growth in global nonwoven fabric exports. China remains the largest supplier of the product worldwide. By 2030, the market for nonwovens should expand to 13M tons driven by the recovering demand from the construction, manufacturing and agricultural sectors as well as continued high consumption rates in the medical industry.
2310
In 2016, the amount of nonwoven textile imported worldwide stood at X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X>
941
In 2016, the amount of nonwoven textile imported worldwide stood at X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X>
1486
China has become the leader in the global nonwoven textile trade. In 2014, China exported X thousand tons of nonwoven textiles, totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X%
