Hong Kong SAR, China - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Woven Glass Fibre Articles in Hong Kong SAR - 2021
Contents:
- Price for Non-Woven Glass Fibre Articles in Hong Kong SAR (FOB) - 2022
- Price for Non-Woven Glass Fibre Articles in Hong Kong SAR (CIF) - 2022
- Exports of Non-Woven Glass Fibre Articles in Hong Kong SAR
- Imports of Non-Woven Glass Fibre Articles in Hong Kong SAR
Price for Non-Woven Glass Fibre Articles in Hong Kong SAR (FOB) - 2022
The average non-woven glass fibre articles export price stood at $22,343 per ton in 2022, waning by -11.7% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2013 an increase of 417% against the previous year. Over the period under review, the average export prices attained the maximum at $57,634 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($25,454 per ton), while the average price for exports to China amounted to $22,271 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.7%).
Price for Non-Woven Glass Fibre Articles in Hong Kong SAR (CIF) - 2022
The average non-woven glass fibre articles import price stood at $9,066 per ton in 2022, picking up by 17% against the previous year. Overall, the import price posted resilient growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 233% against the previous year. As a result, import price reached the peak level of $12,755 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.6% per year.
Exports of Non-Woven Glass Fibre Articles in Hong Kong SAR
In 2022, exports of non-woven glass fibre webs, felts, mattresses and boards from Hong Kong SAR amounted to 922 tons, increasing by 2% against the previous year's figure. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,487% against the previous year. As a result, the exports reached the peak of 941 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, non-woven glass fibre articles exports shrank to $21M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,681%.
Export of Non-Woven Glass Fibre Articles in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.4 | 16.9 | 21.1 | 19.3 | 264.1% |
Myanmar | N/A | 1.4 | 0.5 | 1.1 | -11.4% |
Thailand | N/A | N/A | 1.3 | N/A | 0% |
Others | N/A | 0.1 | N/A | 0.2 | 41.4% |
Total | 0.5 | 18.3 | 22.9 | 20.6 | 245.4% |
Top Export Markets for Non-Woven Glass Fibre Articles from Hong Kong SAR in 2022:
- China (865.8 tons)
- Myanmar (42.8 tons)
Imports of Non-Woven Glass Fibre Articles in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in purchases abroad of non-woven glass fibre webs, felts, mattresses and boards, when their volume decreased by -30.6% to 1.9K tons. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 2.7K tons, and then fell sharply in the following year.
In value terms, non-woven glass fibre articles imports fell sharply to $17M in 2022. Over the period under review, imports recorded a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by 60%. As a result, imports attained the peak of $21M, and then fell dramatically in the following year.
Import of Non-Woven Glass Fibre Articles in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 0.1 | 0.1 | 0.6 | 16.9 | 452.9% |
China | 1.2 | 4.0 | 4.2 | N/A | 87.1% |
United Kingdom | 8.0 | 6.6 | 11.6 | N/A | 20.4% |
United States | 0.5 | 0.4 | 1.4 | N/A | 67.3% |
Others | 9.6 | 1.8 | 3.0 | N/A | -44.1% |
Total | 19.5 | 13.0 | 20.9 | 16.9 | -4.7% |
Top Suppliers of Non-Woven Glass Fibre Articles to Hong Kong SAR in 2022:
- Taiwan (Chinese) (1.9K tons)
This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
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
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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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