Hong Kong SAR, China - Woven Carpets And Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWoven Carpet Price in Hong Kong SAR - 2023
Contents:
- Woven Carpet Price in Hong Kong SAR (CIF) - 2023
- Woven Carpet Price in Hong Kong SAR (FOB) - 2022
- Woven Carpet Imports in Hong Kong SAR
- Woven Carpet Exports in Hong Kong SAR
Woven Carpet Price in Hong Kong SAR (CIF) - 2023
The average woven carpet import price stood at $22.3 per square meter in September 2023, reducing by -10.4% against the previous month. Over the period under review, import price indicated mild growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, woven carpet import price increased by +74.9% against May 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 49% against the previous month. The import price peaked at $24.9 per square meter in August 2023, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($24.5 per square meter), while the price for India ($12.6 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 China (+2.1%), while the prices for the other major suppliers experienced a decline.
Woven Carpet Price in Hong Kong SAR (FOB) - 2022
The average woven carpet export price stood at $18 per square meter in 2022, picking up by 16% against the previous year. In general, the export price, however, saw a pronounced descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 58%. As a result, the export price reached the peak level of $29 per square meter. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($67 per square meter), while the average price for exports to Singapore ($5.5 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 India (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Woven Carpet Imports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in supplies from abroad of woven carpets and other woven textile coverings, which decreased by -6.8% to 306K square meters in 2022. In general, imports showed a abrupt descent. The smallest decline of -4.6% was in 2021. Over the period under review, imports reached the peak figure at 410K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, woven carpet imports fell slightly to $5.2M in 2022. Overall, imports continue to indicate a abrupt setback. Imports peaked at $7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Woven Carpet in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.0 | 3.3 | 2.4 | 3.1 | -14.7% |
Thailand | 0.7 | 1.6 | 1.0 | 0.6 | -5.0% |
United States | 0.3 | 0.2 | 0.6 | 0.4 | 10.1% |
India | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
Spain | N/A | 0.3 | 0.1 | 0.1 | -42.3% |
Others | 0.8 | 1.3 | 1.0 | 0.7 | -4.4% |
Total | 7.0 | 6.7 | 5.4 | 5.2 | -9.4% |
Top Suppliers of Woven Carpet to Hong Kong SAR in 2022:
- China (236.1K square meters)
- Thailand (25.2K square meters)
- India (14.3K square meters)
- United States (8.1K square meters)
- Spain (5.2K square meters)
Woven Carpet Exports in Hong Kong SAR
Woven carpet exports from Hong Kong SAR contracted remarkably to 126K square meters in 2022, waning by -20.5% against the year before. Over the period under review, exports faced a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 19%. Over the period under review, the exports hit record highs at 215K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, woven carpet exports shrank to $2.3M in 2022. In general, exports recorded a deep contraction. The smallest decline of -2.1% was in 2020. Over the period under review, the exports hit record highs at $3.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Woven Carpet in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,454 | 797 | 1,066 | 1,628 | 3.8% |
United States | 60.1 | 75.2 | 164 | 195 | 48.0% |
Macao SAR | 1,485 | 2,448 | 853 | 131 | -55.5% |
Turkey | N/A | N/A | 0.1 | 110 | 109900.0% |
Japan | 303 | 66.0 | 18.2 | 48.6 | -45.7% |
South Korea | 4.3 | 23.6 | 146 | 35.4 | 101.9% |
Others | 588 | 400 | 241 | 150 | -36.6% |
Total | 3,894 | 3,810 | 2,488 | 2,297 | -16.1% |
Top Export Markets for Woven Carpet from Hong Kong SAR in 2022:
- China (96.4K square meters)
- United States (9.7K square meters)
- Macao SAR (4.7K square meters)
- South Korea (2.8K square meters)
- Turkey (2.7K square meters)
- Japan (2.0K square meters)
This report provides an in-depth analysis of the woven 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 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
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
This report provides an in-depth analysis of the woven carpet market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global woven carpet market.
This report provides an in-depth analysis of the woven carpet market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global woven carpet market.
Explore the top 10 countries that are importing the most woven carpets worldwide. Discover key statistics and import values for leading markets such as the United States, Germany, and the United Kingdom.
Explore the top 10 countries that are importing the most woven carpets worldwide. Discover key statistics and import values for leading markets such as the United States, Germany, and the United Kingdom.