Hong Kong SAR, China - Sewing Thread Of Man-Made Filaments Or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSewing Thread Price in Hong Kong SAR - 2023
Contents:
- Sewing Thread Price in Hong Kong SAR (FOB) - 2023
- Sewing Thread Price in Hong Kong SAR (CIF) - 2023
- Sewing Thread Exports in Hong Kong SAR
- Sewing Thread Imports in Hong Kong SAR
Sewing Thread Price in Hong Kong SAR (FOB) - 2023
The average sewing thread export price stood at $14,154 per ton in June 2023, reducing by -2.1% against the previous month. In general, the export price showed a slight shrinkage. The growth pace was the most rapid in September 2022 an increase of 13% against the previous month. The export price peaked at $17,480 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($21,489 per ton), while the average price for exports to Madagascar ($5,816 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sewing Thread Price in Hong Kong SAR (CIF) - 2023
The average sewing thread import price stood at $10,891 per ton in June 2023, approximately equating the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 8.7% against the previous month. As a result, import price attained the peak level of $11,331 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -0.0% per month.
Sewing Thread Exports in Hong Kong SAR
In 2022, the amount of sewing thread of man-made filaments or staple fibers exported from Hong Kong SAR dropped significantly to 4.7K tons, with a decrease of -38.2% compared with 2021. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 22%.
In value terms, sewing thread exports declined significantly to $67M in 2022. Over the period under review, exports faced a deep contraction. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year.
Export of Sewing Thread in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 34.4 | 24.6 | 29.9 | 20.0 | -16.5% |
Cambodia | 23.6 | 20.3 | 26.1 | 17.6 | -9.3% |
Philippines | 3.4 | 2.1 | 7.2 | 6.3 | 22.8% |
China | 15.9 | 8.8 | 10.8 | 4.8 | -32.9% |
Bangladesh | 5.4 | 3.9 | 4.6 | 3.3 | -15.1% |
Jordan | 4.7 | 2.3 | 3.4 | 3.3 | -11.1% |
Indonesia | 2.9 | 1.7 | 4.4 | 3.0 | 1.1% |
Myanmar | 0.1 | N/A | N/A | 1.3 | 135.1% |
Thailand | 1.9 | 1.8 | 1.0 | 0.9 | -22.0% |
Lesotho | 1.7 | 1.5 | 0.8 | 0.6 | -29.3% |
Others | 7.6 | 6.2 | 7.3 | 6.1 | -7.1% |
Total | 102 | 73.2 | 95.3 | 67.2 | -13.0% |
Top Export Markets for Sewing Thread from Hong Kong SAR in 2022:
- Vietnam (1431.7 tons)
- Cambodia (1178.3 tons)
- China (367.8 tons)
- Philippines (359.4 tons)
- Jordan (262.9 tons)
- Myanmar (200.8 tons)
- Indonesia (184.6 tons)
- Bangladesh (172.4 tons)
- Lesotho (104.3 tons)
- Thailand (75.6 tons)
Sewing Thread Imports in Hong Kong SAR
Sewing thread imports into Hong Kong SAR reduced remarkably to 5K tons in 2022, waning by -30.4% compared with the previous year. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 22%.
In value terms, sewing thread imports declined significantly to $52M in 2022. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.
Import of Sewing Thread in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 77.0 | 52.4 | 71.3 | 50.3 | -13.2% |
Others | 3.3 | 3.1 | 3.9 | 2.1 | -14.0% |
Total | 80.3 | 55.5 | 75.3 | 52.4 | -13.3% |
Top Suppliers of Sewing Thread to Hong Kong SAR in 2022:
- China (4.9K tons)
This report provides an in-depth analysis of the sewing thread 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 13108510 - Sewing thread of man-made filaments
- Prodcom 13108550 - Sewing thread of man-made staple fibres
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
-
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
This report provides an in-depth analysis of the sewing thread market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global sewing thread market.
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This report provides an in-depth analysis of the sewing thread market in Hong Kong SAR, China.
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In August 2023, Sewing Thread experienced rapid growth with an 18% increase compared to the previous month. However, in November 2023, sewing thread exports saw a notable decline, reaching $3.6M in value terms.
In November 2022, Sewing Thread recorded a significant growth rate of 37% month-to-month. Moreover, October 2023 witnessed a notable increase in the value of sewing thread exports, reaching $4.2M.
In January 2023, the price of sewing thread dropped 6.6% to $15,683 per ton FOB Hong Kong, China compared to the previous month.
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
Global sewing thread imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, sewing thread imports continue to indicate a slight decline. The most prominent...
In August 2023, Sewing Thread experienced rapid growth with an 18% increase compared to the previous month. However, in November 2023, sewing thread exports saw a notable decline, reaching $3.6M in value terms.
In November 2022, Sewing Thread recorded a significant growth rate of 37% month-to-month. Moreover, October 2023 witnessed a notable increase in the value of sewing thread exports, reaching $4.2M.
In January 2023, the price of sewing thread dropped 6.6% to $15,683 per ton FOB Hong Kong, China compared to the previous month.
In value terms, sewing thread of man-made staple fibers exports stood at $X in 2016. In general, sewing thread of man-made staple fibers exports continue to indicate a moderate shrinkage. In that y...