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Hong Kong SAR, China - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2025

Hong Kong SAR, China - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights

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Jun 30, 2023

Twine and Cordage Price in Hong Kong Shrinks Notably to $36.5 per kg

Hong Kong Twine And Cordage Export Price in March 2023

In March 2023, the twine and cordage price stood at $36,455 per ton (FOB, Hong Kong), dropping by -9.6% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 21% against the previous month. As a result, the export price reached the peak level of $40,663 per ton. From January 2023 to March 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In March 2023, the country with the highest price was India ($54,745 per ton), while the average price for exports to Papua New Guinea ($3,554 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Twine And Cordage in Hong Kong (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
India28,62755,09525,57047,40045,48853,88636,95528,76346,32543,70833,15937,97754,745
China55,53823,27034,92342,70122,46426,36626,89029,83838,08652,53437,26173,99447,370
Sri Lanka43,19641,96145,55338,15853,52637,69449,99936,90637,64838,35238,81430,56743,787
Vietnam38,05834,49835,62533,88436,85033,27533,60534,60434,60041,64439,61639,83342,171
Jordan63,68738,09427,73128,03034,77430,10543,61398,53437,67946,23636,00733,04134,234
Cambodia46,80852,19949,41935,10229,42232,70341,84732,82639,71732,81137,60136,69630,643
Indonesia27,17327,37429,63824,32023,69632,04032,28227,57734,69528,98133,10129,50729,353
Bangladesh41,46230,45634,70838,36734,05232,80032,70027,43329,13332,26828,98834,26729,274
Pakistan23,61014,93324,37620,15019,27923,03134,83826,24215,95222,03929,94323,14123,942
Japan9,96027,76228,33415,39319,88716,75418,66211,89315,34913,33412,16114,39914,014
Papua New GuineaN/A11,320N/AN/A2,880N/AN/A5,552N/AN/AN/AN/A3,554
Average37,91133,53335,51434,22630,79430,56634,43333,42533,48940,66335,83940,30636,455

Hong Kong Twine And Cordage Exports

In March 2023, the amount of twine, cordage, rope and cables exported from Hong Kong skyrocketed to 145 tons, with an increase of 53% compared with the previous month's figure. Over the period under review, total exports indicated a notable expansion from March 2022 to March 2023: its volume increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, exports increased by +53.2% against February 2023 indices.

In value terms, twine and cordage exports skyrocketed to $5.3M (IndexBox estimates) in March 2023. The total export value increased at an average monthly rate of +1.7% over the period from March 2022 to March 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months.

Hong Kong Twine And Cordage Exports by Country

Vietnam (48 tons) was the main destination for twine and cordage exports from Hong Kong, with a 33% share of total exports. Moreover, twine and cordage exports to Vietnam exceeded the volume sent to the second major destination, China (18 tons), threefold. Cambodia (18 tons) ranked third in terms of total exports with a 12% share.

From March 2022 to March 2023, the average monthly growth rate of volume to Vietnam totaled +2.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (+4.4% per month) and Cambodia (+5.4% per month).

In value terms, Vietnam ($2M) remains the key foreign market for twine and cordage exports from Hong Kong, comprising 39% of total exports. The second position in the ranking was held by China ($853K), with a 16% share of total exports. It was followed by Cambodia, with a 10% share.

From March 2022 to March 2023, the average monthly rate of growth in terms of value to Vietnam amounted to +3.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (+3.1% per month) and Cambodia (+1.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the twine and cordage 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 13941133 -
  • Prodcom 13941135 -
  • Prodcom 13941153 - Sisal binder or baler (agricultural) twines
  • Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
  • Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
  • Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
  • Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic 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:

  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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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