Price for Handkerchiefs (Not Knitted or Crocheted) in China - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in China (FOB) - 2023
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in China (CIF) - 2022
  3. Exports of Handkerchiefs (Not Knitted or Crocheted) in China
  4. Imports of Handkerchiefs (Not Knitted or Crocheted) in China

Price for Handkerchiefs (Not Knitted or Crocheted) in China (FOB) - 2023

The average export price for handkerchiefs (not knitted or crocheted)s stood at $279 per thousand units in September 2023, with an increase of 7% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in October 2022 an increase of 44% m-o-m. The export price peaked at $348 per thousand units in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kyrgyzstan ($956 per thousand units), while the average price for exports to Kenya ($139 per thousand units) 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 Kyrgyzstan (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in China (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $12 per unit, jumping by 140% against the previous year. In general, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($91 per unit), while the price for South Korea ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Handkerchiefs (Not Knitted or Crocheted) in China

In 2022, shipments abroad of handkerchiefs (not knitted or crocheted)s was finally on the rise to reach 251M units for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, handkerchiefs (not knitted or crocheted) exports rose notably to $90M in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports hit record highs at $118M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Handkerchiefs (Not Knitted or Crocheted) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.734.415.918.2-9.7%
Japan21.720.417.616.4-8.9%
Ghana10.15.211.66.1-15.5%
Philippines13.43.82.85.6-25.2%
Kyrgyzstan4.20.91.45.59.4%
Nigeria4.72.83.34.5-1.4%
United Kingdom4.52.32.83.7-6.3%
Kenya3.32.12.83.62.9%
Germany2.71.81.83.48.0%
Australia1.81.21.72.03.6%
Panama0.20.40.41.386.6%
Tanzania1.20.60.71.20.0%
Pakistan1.00.40.30.5-20.6%
Others24.315.715.817.6-10.2%
Total11891.978.989.6-8.8%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from China in 2022:

  1. United States (41.6M units)
  2. Japan (37.3M units)
  3. Ghana (31.7M units)
  4. Nigeria (22.2M units)
  5. Philippines (19.9M units)
  6. Kenya (12.1M units)
  7. Kyrgyzstan (10.7M units)
  8. Tanzania (7.1M units)
  9. United Kingdom (7.0M units)
  10. Germany (6.9M units)
  11. Australia (4.6M units)
  12. Panama (3.9M units)
  13. Pakistan (3.7M units)

Imports of Handkerchiefs (Not Knitted or Crocheted) in China

In 2022, imports of handkerchiefs (not knitted or crocheted)s into China contracted markedly to 244K units, shrinking by -49.2% compared with the previous year's figure. Over the period under review, imports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, imports reached the peak figure at 858K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) imports skyrocketed to $2.9M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +78.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Handkerchiefs (Not Knitted or Crocheted) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5897021,0681,63740.6%
Italy36331744586833.7%
Japan324316307209-13.6%
South Korea24113.68.945.3-42.7%
PolandN/AN/A20.425.324.0%
Vietnam31817739417.8-61.7%
India41.013.219.312.4-32.9%
Thailand1013.01.11.9-73.4%
Others11894.5134111-2.0%
Total2,0961,6372,3982,92711.8%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to China in 2022:

  1. South Korea (96.1K units)
  2. Japan (62.9K units)
  3. France (17.9K units)
  4. Vietnam (13.9K units)
  5. Italy (11.7K units)
  6. India (4.7K units)
  7. Poland (3.9K units)
  8. Thailand (0.4K units)

Source: IndexBox Market Intelligence Platform

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