Hong Kong SAR, China - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingT-Shirt Price in Hong Kong SAR - 2023
Contents:
- T-Shirt Price in Hong Kong SAR (CIF) - 2023
- T-Shirt Price in Hong Kong SAR (FOB) - 2023
- T-Shirt Imports in Hong Kong SAR
- T-Shirt Exports in Hong Kong SAR
T-Shirt Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average t-shirt import price amounted to $6.2 per unit, with an increase of 19% against the previous month. In general, the import price, however, recorded a slight contraction. The import price peaked at $7.8 per unit in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($15.7 per unit), while the price for China ($3.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
T-Shirt Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average t-shirt export price amounted to $10.7 per unit, falling by -9.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 9.1% against the previous month. The export price peaked at $12.2 per unit in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($26.2 per unit), while the average price for exports to Panama ($1.9 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 the UK (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
T-Shirt Imports in Hong Kong SAR
In 2022, overseas purchases of t-shirts decreased by -14.8% to 81M units, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 8.7% against the previous year. As a result, imports reached the peak of 132M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, t-shirt imports fell to $501M in 2022. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 9.2%. As a result, imports reached the peak of $780M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of T-Shirt in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 267 | 210 | 157 | 162 | -15.3% |
Italy | 104 | 134 | 76.4 | 68.0 | -13.2% |
Japan | 11.9 | 24.2 | 38.2 | 29.8 | 35.8% |
Vietnam | 32.2 | 41.2 | 28.0 | 10.1 | -32.1% |
United States | 8.4 | 7.9 | 9.4 | 6.4 | -8.7% |
India | 7.5 | 7.8 | 4.8 | 5.6 | -9.3% |
Cambodia | 10.3 | 7.3 | 4.9 | 3.6 | -29.6% |
South Korea | 5.4 | 12.0 | 10.2 | 1.5 | -34.8% |
Others | 268 | 336 | 234 | 214 | -7.2% |
Total | 714 | 780 | 563 | 501 | -11.1% |
Top Suppliers of T-Shirt to Hong Kong SAR in 2022:
- China (54.6M units)
- Japan (4.9M units)
- United States (2.8M units)
- India (2.2M units)
- Italy (1.9M units)
- Vietnam (1.4M units)
- Cambodia (0.4M units)
- South Korea (0.1M units)
T-Shirt Exports in Hong Kong SAR
In 2022, shipments abroad of t-shirts decreased by -0.8% to 117M units, falling for the second consecutive year after two years of growth. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 487% against the previous year. As a result, the exports attained the peak of 213M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, t-shirt exports rose to $383M in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 214% against the previous year. As a result, the exports attained the peak of $617M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of T-Shirt in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 7.4 | 28.5 | 33.9 | 44.8 | 82.3% |
Israel | 1.9 | 95.2 | 20.4 | 36.2 | 167.1% |
United Kingdom | 9.1 | 14.8 | 11.9 | 31.8 | 51.7% |
China | 32.6 | 124 | 43.9 | 31.3 | -1.3% |
India | 3.4 | 15.3 | 13.5 | 26.4 | 98.0% |
United States | 23.1 | 24.4 | 16.7 | 22.2 | -1.3% |
Singapore | 5.6 | 18.7 | 13.5 | 16.9 | 44.5% |
Australia | 11.7 | 13.2 | 12.0 | 15.3 | 9.4% |
Germany | 11.7 | 13.3 | 7.3 | 9.0 | -8.4% |
Dominican Republic | 0.1 | N/A | 0.3 | 7.5 | 321.7% |
Philippines | 0.4 | 1.3 | 1.9 | 4.0 | 115.4% |
Fiji | 0.1 | 0.2 | 0.5 | 2.2 | 180.2% |
Malaysia | 6.3 | 59.8 | 31.1 | 1.9 | -32.9% |
Others | 83.5 | 208 | 161 | 133 | 16.8% |
Total | 197 | 617 | 368 | 383 | 24.8% |
Top Export Markets for T-Shirt from Hong Kong SAR in 2022:
- Philippines (19.7M units)
- Israel (16.5M units)
- Netherlands (13.2M units)
- United Kingdom (9.5M units)
- United States (7.1M units)
- India (6.7M units)
- Germany (6.5M units)
- Singapore (4.4M units)
- Dominican Republic (3.3M units)
- China (2.5M units)
- Australia (2.3M units)
- Fiji (2.1M units)
- Malaysia (0.2M units)
This report provides an in-depth analysis of the t-shirt 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 14143000 - T-shirts, singlets and vests, knitted or crocheted
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
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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 t-shirt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global t-shirt market.
This report provides an in-depth analysis of the t-shirt market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global t-shirt market.
Explore the top import markets for t-shirts around the world, including the United States, Germany, France, and more. Gain valuable insights into consumer preferences and market trends in the global fashion industry.
In 2020, Uzbekistan was the only supplier which managed to ramp up T-shirt exports while other exporters saw a drop in sales. Exports from Uzbekistan rose by 8.5% y/y to 139M units or by 48% y/y to $165M in monetary terms.
After two years of growth, the global t-shirt market decreased by -3.5% to $88.5B in 2019. In general, consumption,...
In 2016, the global T-shirt market grew to X units, rising by an average growth rate of X% over the last nine years.
Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
In 2015, global T-shirt market stood at X million units.
In 2015, global T-shirt market stood at X million units. In value terms, the market fluctuated over the period under review.
In 2015, the value of total imports on the global T-shirt market stood at X billion USD. In physical terms, the total volume of T-shirts decreased to X billion units in 2015, which was X million units (X%) less than the year before.
In 2015, the U.S. (X million units) was the leading t-shirt consuming market, distantly followed by China (X million units), the U.K. (X million units), and Canada (X million units). Together, these countries accounted for approximately X% o