Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR - 2023
Contents:
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR (CIF) - 2022
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR (FOB) - 2022
- Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR
- Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $7,710 per ton, dropping by -9.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 13%. As a result, import price attained the peak level of $8,511 per ton, and then declined in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($7,710 per ton) and Japan ($7,710 per ton), while the price for Canada ($7,000 per ton) and Malaysia ($7,710 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR (FOB) - 2022
The average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $8,691 per ton in 2022, shrinking by -30.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 17%. Over the period under review, the average export prices attained the maximum at $12,563 per ton in 2021, and then contracted notably in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($8,646 per ton) and the United States ($8,645 per ton), while the average price for exports to the Philippines ($8,644 per ton) and Singapore ($8,645 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR
In 2022, the amount of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses imported into Hong Kong SAR contracted sharply to 1.2K tons, declining by -19.4% on the previous year. Overall, imports recorded a deep reduction. The smallest decline of -7.5% was in 2020.
In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses shrank sharply to $8.9M in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 1.5%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 7.5 | 7.9 | 6.0 | -5.9% |
| South Korea | 0.9 | 0.5 | 1.1 | 1.0 | 3.6% |
| Japan | 0.7 | 0.6 | 0.7 | 0.6 | -5.0% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
| United States | 0.6 | 0.9 | 0.9 | 0.2 | -30.7% |
| Vietnam | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Malaysia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Belgium | 0.3 | 0.4 | 0.1 | N/A | -42.3% |
| Canada | 0.9 | 0.2 | N/A | N/A | -77.8% |
| Others | 1.5 | 2.1 | 0.8 | 0.5 | -30.7% |
| Total | 12.5 | 12.7 | 12.2 | 8.9 | -10.7% |
Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Hong Kong SAR in 2022:
- China (772.7 tons)
- South Korea (127.9 tons)
- Japan (75.9 tons)
- Taiwan (Chinese) (41.2 tons)
- Vietnam (27.2 tons)
- United States (23.0 tons)
- Malaysia (18.4 tons)
- Belgium (0.1 tons)
Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR
In 2022, overseas shipments of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -31.2% to 559 tons, falling for the second consecutive year after two years of growth. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. As a result, the exports attained the peak of 1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses dropped markedly to $4.9M in 2022. Overall, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6,397 | 5,627 | 3,394 | 1,295 | -41.3% |
| United States | 639 | 1,590 | 2,137 | 829 | 9.1% |
| Italy | 130 | 222 | 353 | 326 | 35.9% |
| Singapore | 170 | 185 | 208 | 254 | 14.3% |
| Brazil | 134 | 80.5 | 140 | 240 | 21.4% |
| Macao SAR | 415 | 417 | 337 | 220 | -19.1% |
| France | 123 | 112 | 121 | 181 | 13.7% |
| United Kingdom | 585 | 634 | 1,066 | 165 | -34.4% |
| Germany | 318 | 787 | 483 | 131 | -25.6% |
| Japan | 218 | 235 | 389 | 130 | -15.8% |
| Vietnam | 101 | 48.4 | 41.4 | 93.0 | -2.7% |
| Thailand | 61.9 | 63.5 | 42.0 | 86.8 | 11.9% |
| Others | 920 | 1,592 | 1,500 | 907 | -0.5% |
| Total | 10,211 | 11,593 | 10,213 | 4,858 | -21.9% |
Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Hong Kong SAR in 2022:
- China (149.8 tons)
- United States (95.9 tons)
- Italy (37.7 tons)
- Singapore (29.4 tons)
- Brazil (27.7 tons)
- Macao SAR (25.5 tons)
- France (20.9 tons)
- United Kingdom (19.1 tons)
- Germany (15.2 tons)
- Japan (15.1 tons)
- Vietnam (10.8 tons)
- Thailand (10.0 tons)
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