Hong Kong SAR, China - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSportswear Price in Hong Kong SAR - 2023
Contents:
- Sportswear Price in Hong Kong SAR (FOB) - 2023
- Sportswear Price in Hong Kong SAR (CIF) - 2023
- Sportswear Exports in Hong Kong SAR
- Sportswear Imports in Hong Kong SAR
Sportswear Price in Hong Kong SAR (FOB) - 2023
The average sportswear export price stood at $12.1 per unit in September 2023, reducing by -2.7% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 135% against the previous month. As a result, the export price attained the peak level of $28.4 per unit. From December 2022 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($21.2 per unit), while the average price for exports to Thailand ($6.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sportswear Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average sportswear import price amounted to $7.6 per unit, therefore, remained relatively stable against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in July 2023 when the average import price increased by 17% m-o-m. The import price peaked in September 2023.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +0.2% per month.
Sportswear Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of track suits, ski suits and swimwear, which decreased by -37.6% to 14M units in 2022. Over the period under review, exports saw a precipitous decline. The smallest decline of -6.6% was in 2021. The exports peaked at 44M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sportswear exports shrank to $155M in 2022. In general, exports faced a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 1.1%. Over the period under review, the exports hit record highs at $306M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Sportswear in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 98.4 | 63.7 | 84.9 | 68.9 | -11.2% |
Germany | 37.4 | 17.3 | 10.4 | 15.4 | -25.6% |
Netherlands | 24.8 | 16.5 | 18.3 | 14.2 | -17.0% |
United Kingdom | 34.8 | 18.3 | 10.3 | 9.7 | -34.7% |
China | 4.0 | 3.6 | 4.0 | 7.1 | 21.1% |
Canada | 15.4 | 7.6 | 8.2 | 6.9 | -23.5% |
Australia | 26.3 | 13.6 | 12.5 | 5.8 | -39.6% |
France | 12.9 | 9.0 | 7.3 | 4.5 | -29.6% |
Italy | 9.6 | 3.9 | 1.6 | 2.4 | -37.0% |
Sweden | 6.1 | 3.7 | 1.3 | 1.1 | -43.5% |
Others | 36.5 | 19.6 | 20.1 | 19.1 | -19.4% |
Total | 306 | 177 | 179 | 155 | -20.3% |
Top Export Markets for Sportswear from Hong Kong SAR in 2022:
- United States (4.8M units)
- Germany (1.8M units)
- Netherlands (1.6M units)
- United Kingdom (1.1M units)
- Canada (1.0M units)
- Australia (0.5M units)
- France (0.4M units)
- China (0.3M units)
- Italy (0.2M units)
- Sweden (0.2M units)
Sportswear Imports in Hong Kong SAR
In 2022, approx. 12M units of track suits, ski suits and swimwear were imported into Hong Kong SAR; declining by -40.2% compared with the previous year. In general, imports showed a dramatic downturn. The smallest decline of -7.8% was in 2021. Over the period under review, imports reached the peak figure at 45M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, sportswear imports shrank dramatically to $71M in 2022. Over the period under review, imports faced a dramatic decrease. The smallest decline of -1.5% was in 2021. Over the period under review, imports reached the peak figure at $213M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Sportswear in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 204 | 103 | 99.2 | 59.8 | -33.6% |
Indonesia | 0.4 | 0.4 | 0.1 | 3.1 | 97.9% |
Others | 8.5 | 5.8 | 8.2 | 8.1 | -1.6% |
Total | 213 | 109 | 108 | 71.0 | -30.7% |
Top Suppliers of Sportswear to Hong Kong SAR in 2022:
- China (11.3M units)
- Indonesia (0.6M units)
This report provides an in-depth analysis of the sportswear 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 14191210 - Track-suits, of knitted or crocheted textiles
- Prodcom 14191230 - Ski-suits, of knitted or crocheted textiles
- Prodcom 14191240 - Men
- Prodcom 14191250 - Women
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
-
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 sportswear market in Hong Kong SAR, China.
This report provides an in-depth analysis of the knitted ski-suit market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global sportswear market.
Global Men’S Swimwear Market Report 2018. This report provides an in-depth analysis of the global menu2019s swimwear market.
This report provides an in-depth analysis of the global knitted ski-suit market.
Global Knitted Track-Suit Market Report 2018. This report provides an in-depth analysis of the global knitted track-suit market.
Global Women’S Swimwear Market Report 2018. This report provides an in-depth analysis of the global womenu2019s swimwear market.
This report provides an in-depth analysis of the sportswear market in Hong Kong SAR, China.
This report provides an in-depth analysis of the knitted ski-suit market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global sportswear market.
Sportswear exports reached a peak of 1.2 million units in March 2023. From April to October 2023, exports remained lower. However, in October 2023, the value of sportswear exports surged to $6.1 million.
Explore the top import markets for sportswear in countries like the United States, Germany, France, and more. Find out key statistics and data from IndexBox.
In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...
In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...
Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
Sportswear exports reached a peak of 1.2 million units in March 2023. From April to October 2023, exports remained lower. However, in October 2023, the value of sportswear exports surged to $6.1 million.
Explore the top import markets for sportswear in countries like the United States, Germany, France, and more. Find out key statistics and data from IndexBox.
In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...
In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...