Report Hong Kong SAR, China - Sacks and Bags of Cotton - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 18, 2022

Hong Kong SAR, China - Sacks and Bags of Cotton - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Hong Kong SAR, China: Cotton Bag Market 2022

Cotton Bag Market Size in Hong Kong SAR, China

The Hong Kong cotton bag market declined markedly to $X in 2021, reducing by -X% against the previous year. Overall, consumption faced a precipitous decrease. Cotton bag consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cotton Bag Production in Hong Kong SAR, China

In value terms, cotton bag production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production showed a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Cotton Bag Exports

Exports from Hong Kong SAR, China

For the fifth consecutive year, Hong Kong SAR recorded growth in overseas shipments of sacks and bags of cotton, which increased by X% to X tons in 2021. Overall, exports saw buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, cotton bag exports surged to $X in 2021. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

India (X tons), Brazil (X tons) and the UK (X tons) were the main destinations of cotton bag exports from Hong Kong SAR, with a combined X% share of total exports. These countries were followed by the Netherlands, the United States, Indonesia, Sweden, Kenya, Spain and Maldives, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for cotton bag exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2021, the average annual growth rate of value to India stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average cotton bag export price stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cotton bag export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then dropped slightly in the following year.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Bag Imports

Imports into Hong Kong SAR, China

In 2021, approx. X tons of sacks and bags of cotton were imported into Hong Kong SAR; waning by -X% against 2020. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, cotton bag imports expanded to $X in 2021. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest cotton bag supplier to Hong Kong SAR, with a X% share of total imports. Moreover, cotton bag imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Italy (-X% per year).

In value terms, China ($X) constituted the largest supplier of cotton bag to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Italy (+X% per year).

Import Prices by Country

In 2021, the average cotton bag import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sacks and bags of cotton in the world?
+
The country with the largest volume of cotton bag consumption was Italy, accounting for 25% of total volume. Moreover, cotton bag consumption in Italy exceeded the figures recorded by the second-largest consumer, China, twofold. Pakistan ranked third in terms of total consumption with a 5.4% share.
What are the largest producers of sacks and bags of cotton in the world?
+
The countries with the highest volumes of production in 2021 were Italy, China and Pakistan, together comprising 45% of global production.
What are the leading suppliers of sacks and bags of cotton to Hong Kong SAR, China?
+
In value terms, China constituted the largest supplier of cotton bag to Hong Kong SAR, comprising 65% of total imports. The second position in the ranking was held by India, with a 13% share of total imports.
What are the leading importers of sacks and bags of cotton from Hong Kong SAR, China?
+
In value terms, India remains the key foreign market for cotton bag exports from Hong Kong SAR, comprising 40% of total exports. The second position in the ranking was held by Brazil, with a 13% share of total exports. It was followed by the Netherlands, with an 11% share.
What is the average export price for sacks and bags of cotton in Hong Kong SAR, China?
+
In 2021, the average cotton bag export price amounted to $16,653 per ton, declining by -4.5% against the previous year.
What is the average import price for sacks and bags of cotton in Hong Kong SAR, China?
+
In 2021, the average cotton bag import price amounted to $9,740 per ton, growing by 15% against the previous year.

This report provides an in-depth analysis of the cotton bag 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 13922130 - Sacks and bags, of cotton, used for packing goods
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET