Hong Kong SAR, China - Blankets And Travelling Rugs Of Synthetic Fibres - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Blankets And Travelling Rugs Of Synthetic Fibres - Market Analysis, Forecast, Size, Trends And Insights

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Price for Travelling Rugs of Synthetic Fibre in Hong Kong SAR - 2023

Contents:

  1. Price for Travelling Rugs of Synthetic Fibre in Hong Kong SAR (CIF) - 2022
  2. Price for Travelling Rugs of Synthetic Fibre in Hong Kong SAR (FOB) - 2022
  3. Imports of Travelling Rugs of Synthetic Fibre in Hong Kong SAR
  4. Exports of Travelling Rugs of Synthetic Fibre in Hong Kong SAR

Price for Travelling Rugs of Synthetic Fibre in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for blankets and travelling rugs of synthetic fibres amounted to $13 per unit, with an increase of 4.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2019 an increase of 15%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 Japan ($45 per unit), while the price for Thailand ($7.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Travelling Rugs of Synthetic Fibre in Hong Kong SAR (FOB) - 2022

The average export price for blankets and travelling rugs of synthetic fibres stood at $14 per unit in 2022, jumping by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($31 per unit), while the average price for exports to Cameroon ($4.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Travelling Rugs of Synthetic Fibre in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of blankets and travelling rugs of synthetic fibres, which decreased by -40% to 312K units in 2022. In general, imports faced a dramatic shrinkage. The smallest decline of -7.7% was in 2021. Over the period under review, imports attained the maximum at 875K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, travelling rugs of synthetic fibre imports dropped rapidly to $4.2M in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2% against the previous year. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Travelling Rugs of Synthetic Fibre in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.24.74.12.3-28.1%
Japan4.20.81.90.9-40.2%
United StatesN/A0.10.10.373.2%
United KingdomN/A0.2N/A0.20.0%
VietnamN/A0.30.10.2-18.4%
Thailand0.10.1N/AN/A0.0%
Others0.30.20.50.2-12.6%
Total11.06.46.74.2-27.5%

Top Suppliers of Travelling Rugs of Synthetic Fibre to Hong Kong SAR in 2022:

  1. China (252.7K units)
  2. Japan (20.1K units)
  3. United States (11.9K units)
  4. Vietnam (11.4K units)
  5. United Kingdom (9.0K units)
  6. Thailand (6.3K units)

Exports of Travelling Rugs of Synthetic Fibre in Hong Kong SAR

After three years of growth, overseas shipments of blankets and travelling rugs of synthetic fibres decreased by -54.4% to 151K units in 2022. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of 331K units, and then contracted markedly in the following year.

In value terms, travelling rugs of synthetic fibre exports reduced notably to $2.1M in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 16%. As a result, the exports reached the peak of $3.6M, and then dropped remarkably in the following year.

Export of Travelling Rugs of Synthetic Fibre in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan779814694572-9.8%
China2526051,23453828.8%
United States1,128704719319-34.4%
Cameroon12242761320218.3%
Macao SAR91.922089.094.30.9%
Angola15210768.657.5-27.7%
Malaysia14.16.45.329.828.3%
United Kingdom41.250.426.420.5-20.8%
Guinea70.9N/AN/AN/A0%
Others342198177261-8.6%
Total2,9943,1313,6262,094-11.2%

Top Export Markets for Travelling Rugs of Synthetic Fibre from Hong Kong SAR in 2022:

  1. Cameroon (45.0K units)
  2. United States (25.1K units)
  3. China (22.0K units)
  4. Japan (18.7K units)
  5. Angola (11.6K units)
  6. Macao SAR (5.2K units)
  7. United Kingdom (3.2K units)
  8. Malaysia (2.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre 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 13921150 - Blankets and travelling rugs of synthetic fibres (excluding electric blankets)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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