Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR - 2023

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR (CIF) - 2022
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR (FOB) - 2022
  3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR
  4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $4,244 per ton, rising by 12% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. The import price peaked at $8,133 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($13,886 per ton), while the price for China totaled $2,829 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.4%).

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $7,429 per ton, surging by 15% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 31% against the previous year. The export price peaked at $9,244 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($18,777 per ton), while the average price for exports to China ($2,225 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 France (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR

Imports of tarpaulins, awnings and sunblinds of synthetic fibreses into Hong Kong SAR soared to 229 tons in 2022, with an increase of 20% against 2021. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses soared to $970K in 2022. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 37%.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5163174106055.4%
Turkey81.930.632.596.55.6%
Italy14961.573.948.3-31.3%
Vietnam59.06.179.41.5-70.6%
Others426110126219-19.9%
Total1,232526722970-7.7%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Hong Kong SAR in 2022:

  1. China (213.9 tons)
  2. Turkey (6.9 tons)
  3. Italy (2.2 tons)
  4. Vietnam (0.3 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR

Exports of tarpaulins, awnings and sunblinds of synthetic fibreses from Hong Kong SAR fell notably to 26 tons in 2022, with a decrease of -66.9% compared with the year before. Over the period under review, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses reduced sharply to $192K in 2022. In general, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13899.110062.9-23.0%
Macao SAR59.337.199.537.4-14.2%
France20.220.62.521.41.9%
Germany18.11.321.215.0-6.1%
China53.628.530.114.5-35.3%
United Kingdom27.735.945.69.6-29.8%
Japan18264.99.96.7-66.7%
Canada71.113.512.53.5-63.4%
Philippines28.90.210.82.6-55.2%
Belgium0.619.61291.946.8%
Others10365.544.116.2-46.0%
Total703386506192-35.1%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Hong Kong SAR in 2022:

  1. United States (7.3 tons)
  2. China (6.5 tons)
  3. Macao SAR (4.4 tons)
  4. United Kingdom (1.7 tons)
  5. France (1.6 tons)
  6. Germany (0.8 tons)
  7. Canada (0.7 tons)
  8. Philippines (0.7 tons)
  9. Japan (0.5 tons)
  10. Belgium (0.2 tons)

Source: IndexBox Market Intelligence Platform

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