Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan - 2023
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan (CIF) - 2022
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan (CIF) - 2022
The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $22 per unit in 2022, falling by -4.7% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 8.6%. The import price peaked at $25 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($272 per unit), while the price for Bangladesh ($4.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $121 per unit in 2022, with a decrease of -9% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 41%. Over the period under review, the average export prices attained the maximum at $160 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($261 per unit), while the average price for exports to the United Arab Emirates ($34 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 (+6.9%), while the prices for the other major destinations experienced a decline.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan
In 2022, overseas purchases of articles of apparel and clothing accessories, of leather or of composition leather were finally on the rise to reach 12M units after two years of decline. Overall, imports, however, recorded a perceptible decline. Over the period under review, imports of hit record highs at 14M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather rose significantly to $273M in 2022. Over the period under review, imports, however, saw a deep downturn. Imports peaked at $334M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 133 | 94.4 | 94.1 | 101 | -8.8% |
| Italy | 74.9 | 45.8 | 46.4 | 49.9 | -12.7% |
| Bangladesh | 12.8 | 13.2 | 14.4 | 16.9 | 9.7% |
| Vietnam | 12.5 | 10.9 | 10.2 | 15.2 | 6.7% |
| India | 15.1 | 12.6 | 13.6 | 14.9 | -0.4% |
| Philippines | 14.1 | 8.2 | 11.5 | 12.2 | -4.7% |
| Pakistan | 5.9 | 5.7 | 7.1 | 7.3 | 7.4% |
| Others | 65.5 | 49.6 | 50.7 | 55.6 | -5.3% |
| Total | 334 | 240 | 248 | 273 | -6.5% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Japan in 2022:
- China (6.6M units)
- Bangladesh (3.4M units)
- India (0.5M units)
- Pakistan (0.3M units)
- Philippines (0.3M units)
- Vietnam (0.3M units)
- Italy (0.2M units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan
In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather exported from Japan amounted to 94K units, picking up by 11% compared with 2021. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather reached $11M in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.1 | 3.7 | 4.5 | 4.2 | 0.8% |
| South Korea | 1.3 | 1.4 | 2.0 | 2.1 | 17.3% |
| China | 0.8 | 0.9 | 1.3 | 1.3 | 17.6% |
| Taiwan (Chinese) | 0.8 | 0.6 | 0.7 | 1.1 | 11.2% |
| Hong Kong SAR | 1.1 | 1.0 | 1.3 | 0.8 | -10.1% |
| Canada | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| United Kingdom | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| Philippines | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 0.7 | 0.8 | 0.8 | 0.9 | 8.7% |
| Total | 9.4 | 9.1 | 11.3 | 11.4 | 6.6% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Japan in 2022:
- United States (42.3K units)
- South Korea (15.5K units)
- China (9.2K units)
- Taiwan (Chinese) (7.7K units)
- United Kingdom (3.8K units)
- Canada (3.7K units)
- Hong Kong SAR (3.0K units)
- Philippines (2.1K units)
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