Price for Tents of Synthetic Fibres in Hong Kong SAR - 2023
Contents:
- Price for Tents of Synthetic Fibres in Hong Kong SAR (FOB) - 2022
- Price for Tents of Synthetic Fibres in Hong Kong SAR (CIF) - 2022
- Exports of Tents of Synthetic Fibres in Hong Kong SAR
- Imports of Tents of Synthetic Fibres in Hong Kong SAR
Price for Tents of Synthetic Fibres in Hong Kong SAR (FOB) - 2022
The average tents of synthetic fibres export price stood at $19,717 per ton in 2022, surging by 16% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2021 an increase of 23% against the previous year. The export price peaked at $41,185 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($58,040 per ton), while the average price for exports to Papua New Guinea ($2,544 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 Taiwan (Chinese) (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Hong Kong SAR (CIF) - 2022
In 2022, the average tents of synthetic fibres import price amounted to $11,637 per ton, shrinking by -4.6% against the previous year. Over the period under review, the import price saw a pronounced decline. The growth pace was the most rapid in 2014 an increase of 19% against the previous year. The import price peaked at $25,249 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 Malaysia ($28,886 per ton), while the price for China amounted to $10,259 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+21.2%).
Exports of Tents of Synthetic Fibres in Hong Kong SAR
In 2022, exports of tents of synthetic fibreses from Hong Kong SAR contracted remarkably to 214 tons, with a decrease of -39.6% on the previous year's figure. Over the period under review, exports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 50% against the previous year.
In value terms, tents of synthetic fibres exports contracted significantly to $4.2M in 2022. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year.
Export of Tents of Synthetic Fibres in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10,809 | 1,120 | 2,788 | 784 | -58.3% |
South Korea | 44.2 | 26.5 | 200 | 599 | 138.4% |
Taiwan (Chinese) | 1.1 | 42.5 | 143 | 556 | 696.6% |
Switzerland | 662 | 172 | 237 | 294 | -23.7% |
Japan | 592 | 328 | 404 | 267 | -23.3% |
Germany | 1,559 | 94.7 | 401 | 234 | -46.9% |
France | 109 | 94.1 | 204 | 227 | 27.7% |
Finland | 22.9 | 216 | 136 | 193 | 103.5% |
China | 672 | 79.3 | 113 | 128 | -42.5% |
Austria | 148 | 73.5 | 94.9 | 119 | -7.0% |
Netherlands | 277 | 89.8 | 5.7 | 104 | -27.9% |
Papua New Guinea | 1.0 | 2.7 | 298 | 91.8 | 351.1% |
Belgium | 17.2 | 78.6 | 4.8 | 48.7 | 41.5% |
Others | 2,785 | 861 | 1,005 | 579 | -40.8% |
Total | 17,699 | 3,278 | 6,033 | 4,223 | -38.0% |
Top Export Markets for Tents of Synthetic Fibres from Hong Kong SAR in 2022:
- Papua New Guinea (36.1 tons)
- United States (30.2 tons)
- China (19.7 tons)
- South Korea (18.5 tons)
- Japan (16.7 tons)
- Germany (12.7 tons)
- Taiwan (Chinese) (9.6 tons)
- Finland (9.2 tons)
- Switzerland (9.1 tons)
- France (8.2 tons)
- Austria (7.0 tons)
- Netherlands (6.1 tons)
- Belgium (5.2 tons)
Imports of Tents of Synthetic Fibres in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in purchases abroad of tents of synthetic fibreses, when their volume increased by 26% to 414 tons. Overall, imports, however, showed a significant decline.
In value terms, tents of synthetic fibres imports skyrocketed to $4.8M in 2022. Over the period under review, imports, however, recorded a abrupt slump.
Import of Tents of Synthetic Fibres in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.7 | 3.0 | 3.1 | 4.0 | -19.6% |
Malaysia | 0.3 | N/A | N/A | 0.1 | -30.7% |
Others | 0.9 | 0.5 | 0.9 | 0.7 | -8.0% |
Total | 8.9 | 3.5 | 4.0 | 4.8 | -18.6% |
Top Suppliers of Tents of Synthetic Fibres to Hong Kong SAR in 2022:
- China (391.1 tons)
- Malaysia (4.6 tons)
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