Japan - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Japan - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights

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Leather Apparel Price in Japan - 2023

Contents:

  1. Leather Apparel Price in Japan (CIF) - 2023
  2. Leather Apparel Price in Japan (FOB) - 2022
  3. Leather Apparel Imports in Japan
  4. Leather Apparel Exports in Japan

Leather Apparel Price in Japan (CIF) - 2023

The average leather apparel import price stood at $186 per unit in November 2023, rising by 32% against the previous month. Over the period under review, import price indicated a modest expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, leather apparel import price increased by +83.5% against September 2023 indices. The pace of growth was the most pronounced in October 2023 an increase of 39% against the previous month. The import price peaked at $187 per unit in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($815 per unit), while the price for Pakistan ($33.4 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Leather Apparel Price in Japan (FOB) - 2022

The average leather apparel export price stood at $243 per unit in 2022, shrinking by -32.4% 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 2016 when the average export price increased by 27% against the previous year. As a result, the export price attained the peak level of $375 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($453 per unit), while the average price for exports to Bangladesh ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Apparel Imports in Japan

In 2022, approx. 592K units of apparel of leather or of composition leather were imported into Japan; increasing by 13% against the previous year's figure. Over the period under review, imports, however, saw a pronounced decrease. Imports peaked at 643K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, leather apparel imports stood at $81M in 2022. In general, imports, however, showed a abrupt setback. Over the period under review, imports hit record highs at $96M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Leather Apparel in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy32.123.224.526.1-6.7%
China25.215.115.318.8-9.3%
India8.96.46.15.2-16.4%
Vietnam2.93.23.54.818.3%
Pakistan3.93.94.94.54.9%
United States4.23.33.64.20.0%
United Kingdom2.11.83.02.911.4%
South Korea2.61.51.21.3-20.6%
Others14.411.712.012.8-3.9%
Total96.370.174.080.6-5.8%

Top Suppliers of Leather Apparel to Japan in 2022:

  1. China (200.2K units)
  2. Pakistan (114.3K units)
  3. Vietnam (65.8K units)
  4. Italy (60.3K units)
  5. India (40.2K units)
  6. United States (36.6K units)
  7. United Kingdom (12.9K units)
  8. South Korea (11.1K units)

Leather Apparel Exports in Japan

In 2022, leather apparel exports from Japan surged to 16K units, picking up by 62% compared with the year before. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, leather apparel exports rose notably to $3.9M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Leather Apparel in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22227838472548.4%
China31520860861925.3%
Hong Kong SAR8299221,157587-10.9%
South Korea13611419640443.8%
United Kingdom15334936037634.9%
Canada40.938.776.526386.0%
Taiwan (Chinese)498279204259-19.6%
Germany45.662.720220765.6%
BangladeshN/AN/AN/A3.40%
Others3353863484268.3%
Total2,5742,6393,5373,87014.6%

Top Export Markets for Leather Apparel from Japan in 2022:

  1. China (2.7K units)
  2. United Kingdom (2.2K units)
  3. Bangladesh (2.0K units)
  4. United States (1.8K units)
  5. Canada (1.5K units)
  6. South Korea (1.5K units)
  7. Hong Kong SAR (1.3K units)
  8. Taiwan (Chinese) (0.8K units)
  9. Germany (0.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the leather apparel market in Japan. 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 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Apparel Of Leather Or Of Composition Leather - Japan