Price for Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR - 2023
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR (FOB) - 2022
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $4,962 per ton, increasing by 8.1% against the previous year. Overall, the import price, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 136% against the previous year. As a result, import price reached the peak level of $16,490 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($9,867 per ton), while the price for China stood at $2,599 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $5,579 per ton, waning by -16% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the maximum at $9,560 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($10,061 per ton), while the average price for exports to China ($2,798 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 the Philippines (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR
In 2022, imports of cotton; sewing thread, put up for retail sale into Hong Kong SAR skyrocketed to 34 tons, growing by 34% on the year before. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cotton; sewing thread, put up for retail sale surged to $170K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 12.5 | 10.7 | 32.6 | 69.5 | 77.2% |
| China | 61.7 | 53.4 | 62.0 | 69.5 | 4.0% |
| Others | 28.8 | 35.2 | 22.6 | 30.7 | 2.2% |
| Total | 103 | 99.4 | 117 | 170 | 18.2% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Hong Kong SAR in 2022:
- China (26.7 tons)
- Malaysia (7.0 tons)
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR
In 2022, overseas shipments of cotton; sewing thread, put up for retail sale decreased by -34.7% to 4.6 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 8.7%. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cotton; sewing thread, put up for retail sale shrank sharply to $26K in 2022. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 1.2% against the previous year. As a result, the exports attained the peak of $115K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 18.5 | 0.3 | 25.7 | 11.4 | -14.9% |
| China | 13.1 | 2.8 | 1.0 | 4.0 | -32.7% |
| United Kingdom | 3.3 | 30.7 | 8.8 | 3.0 | -3.1% |
| Canada | 1.1 | 3.5 | 0.9 | 2.7 | 34.9% |
| Vietnam | 42.0 | 49.6 | 2.6 | 1.6 | -66.4% |
| United States | 16.1 | 9.9 | 2.4 | 1.3 | -56.8% |
| Cambodia | 4.7 | 8.5 | N/A | N/A | 80.9% |
| Others | 14.4 | 9.2 | 5.4 | 1.7 | -50.9% |
| Total | 113 | 115 | 46.8 | 25.7 | -39.0% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Hong Kong SAR in 2022:
- Philippines (1828.0 kg)
- China (1438.0 kg)
- United Kingdom (582.0 kg)
- Canada (333.0 kg)
- Vietnam (163.0 kg)
- United States (136.0 kg)
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This report provides an in-depth analysis of the cotton sewing thread market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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This report provides an in-depth analysis of the cotton sewing thread market in Hong Kong SAR, China.
1113
This report provides an in-depth analysis of the global cotton sewing thread market.
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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1107
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1661
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1523
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1055
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1107
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1661
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1523
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
