Report Hong Kong SAR, China - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 27, 2022

Hong Kong SAR, China - Woven Fabrics of Silk or of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Silk Fabric Market 2022

Silk Fabric Market Size in Hong Kong SAR, China

The Hong Kong silk fabric market reached $X in 2021, surging by X% against the previous year. Over the period under review, consumption showed a resilient expansion. Silk fabric consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Silk Fabric Production in Hong Kong SAR, China

In value terms, silk fabric production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Silk fabric production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Silk Fabric Exports

Exports from Hong Kong SAR, China

Silk fabric exports from Hong Kong SAR reduced to X square meters in 2021, shrinking by -X% against the previous year's figure. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X square meters in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, silk fabric exports rose modestly to $X in 2021. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X square meters) was the main destination for silk fabric exports from Hong Kong SAR, with a X% share of total exports. Moreover, silk fabric exports to China exceeded the volume sent to the second major destination, the Philippines (X square meters), fivefold. Cambodia (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+X% per year) and Cambodia (+X% per year).

In value terms, China ($X) remains the key foreign market for silk fabric exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was occupied by the Philippines ($X), with an X% share of total exports. It was followed by Cambodia, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+X% per year) and Cambodia (+X% per year).

Export Prices by Country

In 2021, the average silk fabric export price amounted to $X per square meter, increasing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($X per square meter), while the average price for exports to New Zealand ($X per square meter) was amongst the lowest.

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

Silk Fabric Imports

Imports into Hong Kong SAR, China

In 2021, overseas purchases of woven fabrics of silk or of silk waste increased by X% to X square meters for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decrease. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, silk fabric imports skyrocketed to $X in 2021. In general, imports, however, faced a abrupt slump. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest silk fabric supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, silk fabric imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X square meters), more than tenfold.

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

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

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

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of silk or of silk waste in the world?
+
Russia constituted the country with the largest volume of silk fabric consumption, comprising approx. 33% of total volume. Moreover, silk fabric consumption in Russia exceeded the figures recorded by the second-largest consumer, China, twofold. Belarus ranked third in terms of total consumption with an 8.3% share.
What are the largest producers of woven fabrics of silk or of silk waste in the world?
+
Russia constituted the country with the largest volume of silk fabric production, comprising approx. 32% of total volume. Moreover, silk fabric production in Russia exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by Belarus, with an 8.3% share.
What are the leading suppliers of woven fabrics of silk or of silk waste to Hong Kong SAR, China?
+
In value terms, China constituted the largest supplier of silk fabric to Hong Kong SAR, comprising 75% of total imports. The second position in the ranking was occupied by Italy, with a 12% share of total imports.
What are the leading importers of woven fabrics of silk or of silk waste from Hong Kong SAR, China?
+
In value terms, China remains the key foreign market for silk fabric exports from Hong Kong SAR, comprising 65% of total exports. The second position in the ranking was occupied by the Philippines, with an 11% share of total exports. It was followed by Cambodia, with an 11% share.
What is the average export price for woven fabrics of silk or of silk waste in Hong Kong SAR, China?
+
In 2021, the average silk fabric export price amounted to $131 per square meter, picking up by 16% against the previous year.
What is the average import price for woven fabrics of silk or of silk waste in Hong Kong SAR, China?
+
The average silk fabric import price stood at $107 per square meter in 2021, growing by 12% against the previous year.

This report provides an in-depth analysis of the silk fabric 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 13201100 - Woven fabrics of silk or silk waste
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
GLOSSARY AND SPECIFIC TERMS
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 PRODUCTS

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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