Report Update Nov 1, 2024

Hong Kong SAR, China - Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Spun Yarn Market 2021

Spun Yarn Market Size in Hong Kong SAR, China

The Hong Kong spun yarn market soared to $X in 2019, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market failed to regain the momentum.

Spun Yarn Exports

Exports from Hong Kong SAR, China

In 2019, the amount of yarn spun from silk waste exported from Hong Kong SAR dropped rapidly to X tons, with a decrease of -X% on 2018 figures. Over the period under review, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, spun yarn exports shrank dramatically to $X in 2019. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

China (X tons) was the main destination for spun yarn exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to China stood at -X%.

In value terms, China ($X) also remains the key foreign market for spun yarn exports from Hong Kong SAR.

From 2007 to 2019, the average annual growth rate of value to China totaled -X%.

Export Prices by Country

In 2019, the average spun yarn export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price saw buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per ton. From 2014 to 2019, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2007 to 2019, the rate of growth in terms of prices for China amounted to +X% per year.

Spun Yarn Imports

Imports into Hong Kong SAR, China

Spun yarn imports into Hong Kong SAR shrank to X tons in 2019, with a decrease of -X% compared with the year before. In general, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, spun yarn imports reduced to $X in 2019. Over the period under review, imports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, China (X tons) constituted the largest supplier of spun yarn to Hong Kong SAR, with a X% share of total imports. Moreover, spun yarn imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Japan (-X% per year).

In value terms, China ($X) constituted the largest supplier of spun yarn to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Japan (-X% per year).

Import Prices by Country

The average spun yarn import price stood at $X per ton in 2019, dropping by -X% against the previous year. Over the period under review, import price indicated notable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, spun yarn import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yarn spun from silk waste in the world?

China constituted the country with the largest volume of spun yarn consumption, comprising approx. 72% of total volume. Moreover, spun yarn consumption in China exceeded the figures recorded by the second-largest consumer, Italy, tenfold. Japan ranked third in terms of total consumption with a 4.8% share.

What are the largest producers of yarn spun from silk waste in the world?

China remains the largest spun yarn producing country worldwide, comprising approx. 92% of total volume. Moreover, spun yarn production in China exceeded the figures recorded by the second-largest producer, Thailand, more than tenfold.

What are the leading suppliers of yarn spun from silk waste to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of spun yarn to Hong Kong SAR, comprising 60% of total imports. The second position in the ranking was occupied by Italy, with a 29% share of total imports.

What are the leading importers of yarn spun from silk waste from Hong Kong SAR, China?

In value terms, China remains the key foreign market for spun yarn exports from Hong Kong SAR.

What is the average export price for yarn spun from silk waste in Hong Kong SAR, China?

The average spun yarn export price stood at $40,001 per ton in 2019, with an increase of 37% against the previous year.

What is the average import price for yarn spun from silk waste in Hong Kong SAR, China?

The average spun yarn import price stood at $39,122 per ton in 2019, falling by -7.5% against the previous year.

This report provides an in-depth analysis of the spun yarn 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 2025.

Product coverage:

Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023