Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR - 2023

Contents:

  1. Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2022
  2. Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
  3. Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR
  4. Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR

Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2022

The average import price for table linen; of man-made fibres, not knitted or crocheteds stood at $7,792 per ton in 2022, picking up by 21% against the previous year. Overall, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23% against the previous year. The import price peaked at $11,584 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,889 per ton), while the price for Japan totaled $5,869 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.3%).

Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022

The average export price for table linen; of man-made fibres, not knitted or crocheteds stood at $11,037 per ton in 2022, picking up by 11% against the previous year. In general, the export price, however, showed a slight setback. The most prominent rate of growth was recorded in 2020 an increase of 25% against the previous year. The export price peaked at $13,329 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($22,204 per ton), while the average price for exports to Oman ($2,137 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 Guam (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR

In 2022, the amount of table linen; of man-made fibres, not knitted or crocheteds imported into Hong Kong SAR reached 198 tons, stabilizing at 2021 figures. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of table linen; of man-made fibres, not knitted or crocheteds skyrocketed to $1.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +75.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7928041,0491,33118.9%
Japan9.0N/A137165163.7%
Others20975.989.449.4-38.2%
Total1,0118801,2761,54615.2%

Top Suppliers of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted to Hong Kong SAR in 2022:

  1. China (168.8 tons)
  2. Japan (28.2 tons)

Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR

Exports of table linen; of man-made fibres, not knitted or crocheteds from Hong Kong SAR stood at 43 tons in 2022, picking up by 11% compared with 2021 figures. In general, exports, however, saw a pronounced slump.

In value terms, exports of table linen; of man-made fibres, not knitted or crocheteds surged to $480K in 2022. The total export value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States63.071.677.615635.3%
Macao SAR22.159.663.074.850.1%
China8.71.316.842.569.7%
Guam77.142.6N/A38.9-20.4%
Japan2.414.815029.6131.0%
Sweden5.211.637.319.054.0%
Norway0.3N/A0.216.1277.2%
Canada1.15.32.59.8107.3%
France2.016.811.09.869.8%
United Kingdom24.715.98.65.8-38.3%
BangladeshN/AN/AN/A5.00%
Taiwan (Chinese)41.40.94.12.5-60.8%
OmanN/AN/A0.62.1250.0%
Others13411918.267.9-20.3%
Total3823593904807.9%

Top Export Markets for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted from Hong Kong SAR in 2022:

  1. United States (19.2 tons)
  2. Guam (3.8 tons)
  3. Macao SAR (3.5 tons)
  4. China (2.7 tons)
  5. Sweden (1.8 tons)
  6. Japan (1.7 tons)
  7. Canada (1.6 tons)
  8. United Kingdom (1.4 tons)
  9. France (1.3 tons)
  10. Bangladesh (1.0 tons)
  11. Oman (1.0 tons)
  12. Norway (0.7 tons)
  13. Taiwan (Chinese) (0.1 tons)

Source: IndexBox Market Intelligence Platform

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