Hong Kong SAR, China: Market for Bed Linen Of Cotton 2025

Market Size for Bed Linen Of Cotton in Hong Kong SAR, China

In 2022, the Hong Kong bed linen of cotton market decreased by -14.5% to $X, falling for the third year in a row after two years of growth. In general, consumption recorded a pronounced shrinkage. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Bed Linen Of Cotton in Hong Kong SAR, China

In value terms, bed linen of cotton production soared to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt downturn. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Bed Linen Of Cotton

Exports from Hong Kong SAR, China

In 2022, the amount of bed linen of cotton exported from Hong Kong SAR declined markedly to X tons, reducing by -60.1% on the year before. In general, exports, however, enjoyed a slight expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 524%. As a result, the exports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, bed linen of cotton exports declined rapidly to $X in 2022. Over the period under review, exports, however, showed a tangible increase. The pace of growth appeared the most rapid in 2021 with an increase of 433% against the previous year. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

Japan (X tons) was the main destination for bed linen of cotton exports from Hong Kong SAR, with a 37% share of total exports. Moreover, bed linen of cotton exports to Japan exceeded the volume sent to the second major destination, Macao SAR (X tons), twofold. China (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at +37.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (+2.9% per year) and China (+7.3% per year).

In value terms, the largest markets for bed linen of cotton exported from Hong Kong SAR were China ($X), Japan ($X) and Macao SAR ($X), together accounting for 70% of total exports.

Among the main countries of destination, Japan, with a CAGR of +36.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bed linen of cotton export price stood at $X per ton in 2022, declining by -2.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 40% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood 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 China ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen Of Cotton

Imports into Hong Kong SAR, China

Bed linen of cotton imports into Hong Kong SAR shrank rapidly to X tons in 2022, reducing by -35.8% compared with the year before. Over the period under review, imports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, bed linen of cotton imports contracted dramatically to $X in 2022. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main bed linen of cotton supplier to Hong Kong SAR, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled -2.9%.

In value terms, China ($X) constituted the largest supplier of bed linen of cotton to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -1.9%.

Import Prices by Country

In 2022, the average bed linen of cotton import price amounted to $X per ton, picking up by 17% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, 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 +1.1% per year.

Source: IndexBox Platform

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