Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR - 2023

Contents:

1. Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (CIF) - 2023
2. Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (FOB) - 2022
3. Imports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR
4. Exports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR

Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (CIF) - 2023

In June 2023, the average import price for hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses amounted to $117K per ton, flattening at the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 92% month-to-month. The import price peaked at $154K per ton in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to +0.9% per month.

Price for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses amounted to $85,116 per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 36%. As a result, the export price attained the peak level of $123,611 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +1.9% per year.

Imports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR

In 2022, approx. 95 tons of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses were imported into Hong Kong SAR; growing by 32% against 2021. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 465% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses skyrocketed to $4.3M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 201%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats to Hong Kong SAR in 2022:

1. China (94.8 tons)

Exports of Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses, which decreased by -87.9% to 189 kg in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of -40.6% was in 2020.

In value terms, exports of hair; fine animal hair, carded or combed, of kashmir (cashmere) goatses reduced rapidly to $16K in 2022. In general, exports showed a dramatic slump. The smallest decline of -58.2% was in 2020.

Top Export Markets for Hair; Fine Animal Hair, Carded or Combed, of Kashmir (Cashmere) Goats from Hong Kong SAR in 2022:

1. China (189.0 kg)

Source: IndexBox Market Intelligence Platform