Report Update: May 1, 2024

Hong Kong SAR, China - Quilted Textile Products In The Piece (Excluding Embroidery) - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Quilted Textile Products Price in Hong Kong SAR - 2023

Quilted Textile Products Price in Hong Kong SAR (CIF) - 2023

The average quilted textile products import price stood at $25.0 per kg in January 2023, declining by -27.8% against the previous month. Over the period under review, the import price, however, posted mild growth. The growth pace was the most rapid in October 2022 when the average import price increased by 76% against the previous month. The import price peaked at $34.6 per kg in December 2022, and then shrank remarkably in the following month.

Average prices varied somewhat amongst the major supplying countries. In January 2023, the country with the highest price was China ($26.1 per kg), while the price for Taiwan (Chinese) amounted to $19.2 per kg.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by China (+2.6%).

Quilted Textile Products Price in Hong Kong SAR (FOB) - 2022

The average quilted textile products export price stood at $20,955 per ton in 2022, with an increase of 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($31,039 per ton), while the average price for exports to Indonesia ($6,883 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 Bangladesh (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Quilted Textile Products Imports in Hong Kong SAR

In 2022, the amount of quilted textile products in the piece (excluding embroidery) imported into Hong Kong SAR expanded significantly to 167 tons, growing by 5.1% on 2021. Overall, imports, however, continue to indicate a noticeable reduction. Over the period under review, imports reached the maximum at 182 tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, quilted textile products imports soared to $3.1M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Quilted Textile Products in the Piece (Excluding Embroidery) in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,601	2,212	2,484	2,854	3.1%
Taiwan (Chinese)	236	47.2	74.7	135	-17.0%
Japan	84.7	35.5	81.8	94.0	3.5%
Others	73.6	35.9	33.4	48.5	-13.0%
Total	2,995	2,330	2,673	3,132	1.5%

Top Suppliers of Quilted Textile Products in the Piece (Excluding Embroidery) to Hong Kong SAR in 2022:

China (156.2 tons)
Taiwan (Chinese) (5.3 tons)
Japan (4.0 tons)

Quilted Textile Products Exports in Hong Kong SAR

Quilted textile products exports from Hong Kong SAR surged to 134 tons in 2022, growing by 82% against 2021. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products exports surged to $2.8M in 2022. In general, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Quilted Textile Products in the Piece (Excluding Embroidery) in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	675	761	350	952	12.1%
China	550	693	540	951	20.0%
Thailand	339	351	49.4	393	5.1%
Bangladesh	16.5	29.9	189	308	165.3%
Indonesia	83.5	109	19.1	113	10.6%
United States	13.5	31.8	17.6	33.6	35.5%
South Africa	26.0	7.5	12.9	24.8	-1.6%
South Korea	1.3	7.6	15.0	24.6	166.5%
Others	18.2	23.1	42.4	9.2	-20.3%
Total	1,724	2,015	1,235	2,809	17.7%

Top Export Markets for Quilted Textile Products in the Piece (Excluding Embroidery) from Hong Kong SAR in 2022:

Vietnam (40.8 tons)
China (36.5 tons)
Bangladesh (19.1 tons)
Indonesia (16.4 tons)
Thailand (12.7 tons)
United States (3.6 tons)
South Korea (2.3 tons)
South Africa (2.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the quilted textile products market 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 13991600 - Quilted textile products in the piece (excluding embroidery)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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