Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR - 2023
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR (FOB) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR (CIF) - 2022
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $6,145 per unit, with an increase of 25% against the previous year. In general, the export price posted a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 134%. The export price peaked at $29,301 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to +22.6% per year.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $27,454 per unit in 2022, standing approx. at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 641% against the previous year. As a result, import price attained the peak level of $614,938 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to +43.6% per year.
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR
In 2022, shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses was finally on the rise to reach 9 units after two years of decline. In general, exports, however, saw a sharp reduction. The exports peaked at 41 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $55K in 2022. Overall, exports, however, recorded a dramatic setback. The exports peaked at $366K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 366 | 151 | 4.9 | 55.3 | -46.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 366 | 151 | 4.9 | 55.3 | -46.7% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Hong Kong SAR in 2022:
- China (9.0 units)
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas purchases of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, which decreased by -75% to 1 units in 2022. Overall, imports saw a precipitous decline. The smallest decline of -35.7% was in 2020. Imports peaked at 28 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses reduced dramatically to $27K in 2022. In general, imports continue to indicate a sharp decrease. The smallest decline of -57% was in 2020. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 764 | 551 | 109 | 27.5 | -67.0% |
| Japan | 52.5 | N/A | N/A | N/A | 0% |
| Germany | 27.7 | N/A | N/A | N/A | 0% |
| United Kingdom | 437 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,281 | 551 | 109 | 27.5 | -72.2% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Hong Kong SAR in 2022:
- China (1.0 units)
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