Glass Fibre Voiles Price in Hong Kong SAR - 2021
Contents:
- Glass Fibre Voiles Price in Hong Kong SAR (FOB) - 2022
- Glass Fibre Voiles Price in Hong Kong SAR (CIF) - 2022
- Glass Fibre Voiles Exports in Hong Kong SAR
- Glass Fibre Voiles Imports in Hong Kong SAR
Glass Fibre Voiles Price in Hong Kong SAR (FOB) - 2022
The average glass fibre voiles export price stood at $1,962 per ton in 2022, shrinking by -17.6% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2015 an increase of 50% against the previous year. The export price peaked at $5,303 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -9.1% per year.
Glass Fibre Voiles Price in Hong Kong SAR (CIF) - 2022
In 2022, the average glass fibre voiles import price amounted to $5,903 per ton, declining by -5.4% against the previous year. Overall, the import price saw a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $10,863 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($63,491 per ton), while the price for Taiwan (Chinese) totaled $4,624 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fibre Voiles Exports in Hong Kong SAR
In 2022, overseas shipments of glass fibre voiles decreased by -6.9% to 70 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 188% against the previous year.
In value terms, glass fibre voiles exports plummeted to $138K in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 113% against the previous year.
| Export of Glass Fibre Voiles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.1 | 96.2 | 179 | 138 | 51.0% |
| Others | 5.1 | N/A | 0.4 | N/A | -72.0% |
| Total | 45.2 | 96.2 | 180 | 138 | 45.1% |
Top Export Markets for Glass Fibre Voiles from Hong Kong SAR in 2022:
- China (70.4 tons)
Glass Fibre Voiles Imports in Hong Kong SAR
In 2022, after three years of growth, there was decline in purchases abroad of glass fibre voiles, when their volume decreased by -1.7% to 107 tons. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 384%.
In value terms, glass fibre voiles imports shrank to $630K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 216% against the previous year.
| Import of Glass Fibre Voiles in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 139 | 467 | 519 | 483 | 51.5% |
| Germany | 44.8 | 83.4 | 158 | 147 | 48.6% |
| Others | N/A | 31.9 | N/A | N/A | 0% |
| Total | 184 | 582 | 677 | 630 | 50.7% |
Top Suppliers of Glass Fibre Voiles to Hong Kong SAR in 2022:
- Taiwan (Chinese) (104.4 tons)
- Germany (2.3 tons)
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