Hong Kong SAR, China - Plaits And Similar Products Of Plaiting Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlaits and Basketwork Price in Hong Kong SAR - 2023
Contents:
- Plaits and Basketwork Price in Hong Kong SAR (CIF) - 2023
- Plaits and Basketwork Price in Hong Kong SAR (FOB) - 2022
- Plaits and Basketwork Imports in Hong Kong SAR
- Plaits and Basketwork Exports in Hong Kong SAR
Plaits and Basketwork Price in Hong Kong SAR (CIF) - 2023
The average plaits and basketwork import price stood at $7,784 per ton in September 2023, waning by -1.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 52% month-to-month. Over the period under review, average import prices hit record highs at $18,837 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a 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 Malaysia ($11,648 per ton), while the price for Japan ($4,576 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 Malaysia (+0.1%), while the prices for the other major suppliers experienced a decline.
Plaits and Basketwork Price in Hong Kong SAR (FOB) - 2022
In 2022, the average plaits and basketwork export price amounted to $22,878 per ton, growing by 24% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork export price decreased by -5.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 26% against the previous year. The export price peaked at $24,086 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($84,311 per ton), while the average price for exports to Saudi Arabia ($6,331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Plaits and Basketwork Imports in Hong Kong SAR
In 2022, imports of plaits, basketwork, wickerwork and similar products of plaiting materials into Hong Kong SAR declined sharply to 1.1K tons, reducing by -22.7% against 2021. Over the period under review, imports recorded a abrupt shrinkage. The smallest decline of -2.6% was in 2021.
In value terms, plaits and basketwork imports contracted to $8M in 2022. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 22%.
Import of Plaits and Basketwork in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.9 | 5.3 | 5.6 | 3.6 | -23.0% |
Japan | 0.7 | 0.7 | 0.8 | 0.7 | 0.0% |
France | 0.3 | 0.2 | 0.6 | 0.5 | 18.6% |
Malaysia | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
Others | 1.1 | 1.3 | 2.1 | 3.1 | 41.3% |
Total | 10.0 | 7.7 | 9.3 | 8.0 | -7.2% |
Top Suppliers of Plaits and Basketwork to Hong Kong SAR in 2022:
- China (847.0 tons)
- Japan (136.8 tons)
- France (65.4 tons)
- Malaysia (20.0 tons)
Plaits and Basketwork Exports in Hong Kong SAR
In 2022, approx. 251 tons of plaits, basketwork, wickerwork and similar products of plaiting materials were exported from Hong Kong SAR; shrinking by -19% compared with the previous year's figure. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 25%.
In value terms, plaits and basketwork exports reached $5.7M in 2022. Over the period under review, exports continue to indicate a deep downturn.
Export of Plaits and Basketwork in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4,230 | 3,098 | 1,766 | 2,006 | -22.0% |
Taiwan (Chinese) | 214 | 221 | 338 | 528 | 35.1% |
China | 616 | 361 | 473 | 491 | -7.3% |
United Kingdom | 445 | 252 | 250 | 489 | 3.2% |
Singapore | 206 | 74.6 | 186 | 436 | 28.4% |
Australia | 540 | 232 | 454 | 414 | -8.5% |
Japan | 526 | 548 | 369 | 340 | -13.5% |
Canada | 18.7 | 14.1 | 60.7 | 136 | 93.7% |
Netherlands | 76.3 | 66.4 | 30.0 | 93.8 | 7.1% |
Saudi Arabia | 9.5 | 1.2 | 16.7 | 53.0 | 77.4% |
Macao SAR | 47.1 | 45.4 | 66.2 | 45.9 | -0.9% |
Germany | 106 | 36.4 | 53.5 | 38.4 | -28.7% |
France | 393 | 101 | 675 | 35.9 | -55.0% |
Others | 1,628 | 905 | 996 | 640 | -26.7% |
Total | 9,055 | 5,957 | 5,732 | 5,749 | -14.1% |
Top Export Markets for Plaits and Basketwork from Hong Kong SAR in 2022:
- United States (55.0 tons)
- China (34.3 tons)
- United Kingdom (28.7 tons)
- Australia (28.5 tons)
- Canada (16.2 tons)
- Singapore (15.7 tons)
- Japan (11.0 tons)
- Saudi Arabia (8.4 tons)
- Taiwan (Chinese) (6.3 tons)
- Netherlands (5.7 tons)
- Macao SAR (5.4 tons)
- Germany (4.3 tons)
- France (2.6 tons)
This report provides an in-depth analysis of the plaits and basketwork 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 16292500 - Manufactures of straw, of esparto or of other plaiting materials, basket ware and wickerwork
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 plaits and basketwork market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global plaits and basketwork market.
In 2016, approx. X tons of plaiting material were imported worldwide- standing approx. at the previous year figure. In general, plaiting material imports continue to indicate a abrupt decline. Th...
In 2016, the amount of plaiting material exported worldwide stood at X tons, lowering by -X% against the previous year level.
In 2016, approx. X tons of plaiting material were imported worldwide- standing approx. at the previous year figure. In general, plaiting material imports continue to indicate a abrupt decline. Th...
In 2016, the amount of plaiting material exported worldwide stood at X tons, lowering by -X% against the previous year level.