Hong Kong SAR, China - Textile Wall Coverings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Textile Wall Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Textile Wall Covering Price in Hong Kong SAR - 2023

Contents:

  1. Textile Wall Covering Price in Hong Kong SAR (CIF) - 2022
  2. Textile Wall Covering Price in Hong Kong SAR (FOB) - 2022
  3. Textile Wall Covering Imports in Hong Kong SAR
  4. Textile Wall Covering Exports in Hong Kong SAR

Textile Wall Covering Price in Hong Kong SAR (CIF) - 2022

The average textile wall covering import price stood at $43 per square meter in 2022, jumping by 34% against the previous year. In general, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($129 per square meter), while the price for Belgium ($19 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Textile Wall Covering Price in Hong Kong SAR (FOB) - 2022

The average textile wall covering export price stood at $7.4 per square meter in 2022, which is down by -45.4% against the previous year. Over the period under review, the export price showed a deep setback. The growth pace was the most rapid in 2014 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices reached the maximum at $68 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($25 per square meter), while the average price for exports to the UK ($2.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.7%), while the prices for the other major destinations experienced mixed trend patterns.

Textile Wall Covering Imports in Hong Kong SAR

In 2022, after two years of decline, there was significant growth in purchases abroad of textile wall coverings, when their volume increased by 19% to 20K square meters. In general, imports, however, faced a dramatic contraction. Over the period under review, imports hit record highs at 44K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, textile wall covering imports skyrocketed to $857K in 2022. Over the period under review, imports, however, saw a abrupt curtailment. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Textile Wall Covering in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16165.916432826.8%
France10174.617.81257.4%
China25818135.3107-25.4%
United States37257622882.2-39.5%
Belgium52.655.670.165.47.5%
Germany73.810.82.959.2-7.1%
JapanN/A83.6N/A35.3-35.0%
United Kingdom21.24.710.935.118.3%
South Korea19.0N/AN/A1.4-58.1%
Others10852.94.918.3-44.7%
Total1,1671,106534857-9.8%

Top Suppliers of Textile Wall Covering to Hong Kong SAR in 2022:

  1. South Korea (undefinedK square meters)
  2. Italy (8.5K square meters)
  3. Belgium (3.4K square meters)
  4. China (2.1K square meters)
  5. United States (1.9K square meters)
  6. France (1.0K square meters)
  7. Japan (0.9K square meters)
  8. United Kingdom (0.9K square meters)
  9. Germany (0.8K square meters)

Textile Wall Covering Exports in Hong Kong SAR

Textile wall covering exports from Hong Kong SAR soared to 29K square meters in 2022, picking up by 330% on 2021 figures. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, textile wall covering exports surged to $218K in 2022. In general, exports showed measured growth. The exports peaked at $241K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Textile Wall Covering in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1103.851.31110.3%
United Kingdom2.21.42.746.1175.7%
France0.72.421.121.8214.6%
United States1.622.012.51.84.0%
Macao SARN/A21.4N/AN/A0%
AustraliaN/A155N/AN/A0%
Others77.035.65.136.3-22.2%
Total19124192.82184.5%

Top Export Markets for Textile Wall Covering from Hong Kong SAR in 2022:

  1. United Kingdom (20.0K square meters)
  2. China (4.5K square meters)
  3. France (3.6K square meters)
  4. United States (0.2K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile wall covering 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 17241200 - Textile wall coverings

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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Free Data: Textile Wall Coverings - Hong Kong SAR