Hong Kong SAR, China: Market for Table Linen Of Knitted Or Crocheted Textiles 2025

Market Size for Table Linen Of Knitted Or Crocheted Textiles in Hong Kong SAR, China

The Hong Kong market for table linen of knitted or crocheted textiles skyrocketed to $X in 2021, jumping by 79% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Table Linen Of Knitted Or Crocheted Textiles in Hong Kong SAR, China

In value terms, table linen of crocheted textile production fell to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 54% against the previous year. Table linen of crocheted textile production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Hong Kong SAR, China

In 2021, the amount of table linen of knitted or crocheted textiles exported from Hong Kong SAR dropped rapidly to X tons, falling by -49.1% on the previous year. Overall, exports showed a perceptible slump. The pace of growth was the most pronounced in 2017 when exports increased by 232% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, table linen of crocheted textile exports contracted rapidly to $X in 2021. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 451%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for table linen of crocheted textile exports from Hong Kong SAR, accounting for a 84% share of total exports. Moreover, table linen of crocheted textile exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), ninefold. Belgium (X kg) ranked third in terms of total exports with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +77.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+13.2% per year) and Belgium (+37.7% per year).

In value terms, the United States ($X) emerged as the key foreign market for table linen of knitted or crocheted textiles exports from Hong Kong SAR, comprising 67% of total exports. The second position in the ranking was taken by Japan ($X), with a 31% share of total exports. It was followed by Panama, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +69.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+15.4% per year) and Panama (-6.5% per year).

Export Prices by Country

In 2021, the average export price for table linen of knitted or crocheted textiles amounted to $X per ton, reducing by -10% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 72%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+119.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports into Hong Kong SAR, China

In 2021, imports of table linen of knitted or crocheted textiles into Hong Kong SAR soared to X tons, growing by 775% against 2020. Over the period under review, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, table linen of crocheted textile imports skyrocketed to $X in 2021. Overall, imports showed a prominent increase. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main table linen of crocheted textile supplier to Hong Kong SAR, accounting for a 96% share of total imports. It was followed by France (X kg), with a 0.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +19.2%.

In value terms, China ($X) constituted the largest supplier of table linen of knitted or crocheted textiles to Hong Kong SAR, comprising 86% of total imports. The second position in the ranking was taken by France ($X), with a 3.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +17.4%.

Import Prices by Country

In 2021, the average import price for table linen of knitted or crocheted textiles amounted to $X per ton, declining by -36.2% against the previous year. Overall, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 83% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-0.2%).

Source: IndexBox Platform

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