Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan - 2023

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (CIF) - 2023
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (CIF) - 2023

In November 2023, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,110 per ton, approximately reflecting the previous month. In general, the import price, however, saw a noticeable descent. The growth pace was the most rapid in August 2023 when the average import price increased by 13% against the previous month. Over the period under review, average import prices attained the peak figure at $2,823 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,071 per ton), while the price for Thailand ($1,806 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (-0.5%), while the prices for the other major suppliers experienced a decline.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (FOB) - 2022

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $4,005 per ton, shrinking by -1.9% against the previous year. In general, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 2.4%. Over the period under review, the average export prices attained the peak figure at $6,093 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($5,531 per ton) and the United States ($4,624 per ton), while the average price for exports to Vietnam ($3,691 per ton) and China ($3,817 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan

In 2022, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Japan expanded remarkably to 15K tons, growing by 6.4% against 2021. Overall, imports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of 7.6%.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning totaled $36M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Japan in 2022:

1. Indonesia (7.4K tons)
2. Austria (3.5K tons)
3. China (1.4K tons)
4. Taiwan (Chinese) (1.1K tons)
5. Germany (0.5K tons)
6. Thailand (0.5K tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan

In 2022, the amount of artificial staple fibres, not carded, combed or otherwise processed for spinning exported from Japan dropped to 8.6K tons, reducing by -14.6% against the previous year's figure. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 8.3%.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning contracted dramatically to $34M in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2%.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Japan in 2022:

1. China (6.3K tons)
2. United States (0.9K tons)
3. Vietnam (0.4K tons)
4. Indonesia (0.3K tons)
5. South Korea (0.3K tons)

Source: IndexBox Market Intelligence Platform