Hong Kong SAR, China - Tufted Carpets And Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTufted Carpet Price in Hong Kong SAR - 2023
Contents:
- Tufted Carpet Price in Hong Kong SAR (CIF) - 2023
- Tufted Carpet Price in Hong Kong SAR (FOB) - 2022
- Tufted Carpet Imports in Hong Kong SAR
- Tufted Carpet Exports in Hong Kong SAR
Tufted Carpet Price in Hong Kong SAR (CIF) - 2023
The average tufted carpet import price stood at $44.5 per square meter in September 2023, with a decrease of -34.5% against the previous month. In general, the import price saw a noticeable decline. The pace of growth was the most pronounced in June 2023 an increase of 113% month-to-month. The import price peaked at $117 per square meter in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($193 per square meter), while the price for Japan ($8.1 per square meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (+0.2%), while the prices for the other major suppliers experienced a decline.
Tufted Carpet Price in Hong Kong SAR (FOB) - 2022
In 2022, the average tufted carpet export price amounted to $28 per square meter, approximately reflecting the previous year. In general, the export price, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 103%. The export price peaked at $94 per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($216 per square meter), while the average price for exports to Antigua and Barbuda ($4.7 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 Israel (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.
Tufted Carpet Imports in Hong Kong SAR
Tufted carpet imports into Hong Kong SAR contracted to 1.7M square meters in 2022, which is down by -7.9% on the year before. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, imports reached the peak figure at 2.1M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, tufted carpet imports dropped to $26M in 2022. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports reached the peak figure at $31M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Tufted Carpet in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.3 | 14.7 | 24.1 | 18.8 | -5.5% |
| Thailand | 1.8 | 2.6 | 1.0 | 1.3 | -10.3% |
| Taiwan (Chinese) | 1.0 | 0.7 | 0.9 | 0.9 | -3.5% |
| Japan | 1.0 | 1.4 | 0.8 | 0.9 | -3.5% |
| Netherlands | 0.2 | 0.5 | 0.6 | 0.8 | 58.7% |
| United States | 2.0 | 1.4 | 0.6 | 0.7 | -29.5% |
| Belgium | 1.0 | 1.0 | 0.6 | 0.6 | -15.7% |
| Others | 2.2 | 1.9 | 2.2 | 2.3 | 1.5% |
| Total | 31.5 | 24.2 | 30.8 | 26.2 | -6.0% |
Top Suppliers of Tufted Carpet to Hong Kong SAR in 2022:
- China (1191.9K square meters)
- Taiwan (Chinese) (119.2K square meters)
- Japan (102.4K square meters)
- Belgium (91.4K square meters)
- United States (46.5K square meters)
- Thailand (41.7K square meters)
- Netherlands (36.0K square meters)
Tufted Carpet Exports in Hong Kong SAR
In 2022, tufted carpet exports from Hong Kong SAR fell dramatically to 367K square meters, with a decrease of -30.9% compared with 2021 figures. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 218%. Over the period under review, the exports attained the peak figure at 558K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, tufted carpet exports contracted sharply to $10M in 2022. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, the exports hit record highs at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tufted Carpet in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4,229 | 2,162 | 2,327 | 1,804 | -24.7% |
| China | 2,359 | 763 | 1,543 | 1,606 | -12.0% |
| French Polynesia | N/A | N/A | N/A | 810 | 0% |
| Zimbabwe | N/A | N/A | N/A | 721 | 0% |
| Macao SAR | 2,172 | 3,238 | 509 | 434 | -41.5% |
| United Kingdom | 966 | 431 | 1,327 | 396 | -25.7% |
| France | 397 | 80.7 | 119 | 185 | -22.5% |
| Timor-Leste | N/A | N/A | N/A | 82.3 | 0% |
| Antigua and Barbuda | N/A | N/A | N/A | 78.7 | 0% |
| Guyana | N/A | 0.1 | N/A | 72.5 | 2592.6% |
| India | 420 | 68.4 | N/A | 13.4 | -68.3% |
| Panama | 207 | 2.0 | 3.0 | N/A | -88.0% |
| Others | 8,308 | 4,853 | 9,057 | 4,213 | -20.3% |
| Total | 19,058 | 11,598 | 14,884 | 10,418 | -18.2% |
Top Export Markets for Tufted Carpet from Hong Kong SAR in 2022:
- French Polynesia (165.4K square meters)
- China (58.0K square meters)
- Zimbabwe (42.6K square meters)
- Timor-Leste (17.6K square meters)
- Antigua and Barbuda (16.9K square meters)
- Guyana (14.8K square meters)
- United States (13.0K square meters)
- Macao SAR (4.5K square meters)
- United Kingdom (2.6K square meters)
- France (1.2K square meters)
- India (0.1K square meters)
This report provides an in-depth analysis of the tufted carpet 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 13931300 - Tufted carpets and other tufted textile floor 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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the tufted carpet market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global tufted carpet market.
279
This report provides an in-depth analysis of the tufted carpet market in Hong Kong SAR, China.
970
This report provides an in-depth analysis of the global tufted carpet market.
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