Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan - 2023
Contents:
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan (CIF) - 2023
- Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan (FOB) - 2022
- Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan
- Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan (CIF) - 2023
The average import price for cotton waste (including yarn waste and garnetted stock) stood at $1,650 per ton in November 2023, waning by -6.6% against the previous month. In general, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 5.3% m-o-m. The import price peaked at $1,953 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,416 per ton), while the price for Malaysia ($623 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 South Korea (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan (FOB) - 2022
The average export price for cotton waste (including yarn waste and garnetted stock) stood at $601 per ton in 2022, growing by 6.4% against the previous year. In general, the export price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 14% against the previous year. The export price peaked at $934 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($961 per ton), while the average price for exports to Malaysia ($343 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+20.4%), while the prices for the other major destinations experienced a decline.
Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan
In 2022, imports of cotton waste (including yarn waste and garnetted stock) into Japan contracted to 10K tons, falling by -4.8% against 2021. Over the period under review, imports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 8.6%. As a result, imports reached the peak of 11K tons, and then dropped modestly in the following year.
In value terms, imports of cotton waste (including yarn waste and garnetted stock) expanded markedly to $18M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 11%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 10.7 | 10.0 | 9.9 | 10.8 | 0.3% |
| Vietnam | 2.7 | 3.0 | 4.0 | 4.3 | 16.8% |
| Indonesia | 1.3 | 1.4 | 2.2 | 1.5 | 4.9% |
| Thailand | 0.8 | 0.4 | 0.3 | 0.9 | 4.0% |
| Australia | 0.5 | 0.1 | 0.1 | 0.5 | 0.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 16.2 | 14.9 | 16.6 | 18.2 | 4.0% |
Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Japan in 2022:
- South Korea (5.8K tons)
- Vietnam (2.5K tons)
- Indonesia (0.9K tons)
- Thailand (0.5K tons)
- Australia (0.2K tons)
Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan
Exports of cotton waste (including yarn waste and garnetted stock) from Japan dropped slightly to 403 tons in 2022, stabilizing at the previous year. Overall, exports continue to indicate a slight slump. The growth pace was the most rapid in 2021 when exports increased by 185% against the previous year.
In value terms, exports of cotton waste (including yarn waste and garnetted stock) rose modestly to $242K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 169% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 63.8 | 16.7 | 77.2 | 156 | 34.7% |
| China | 150 | 63.8 | 138 | 73.0 | -21.3% |
| Malaysia | 10.5 | 5.6 | 6.6 | 11.2 | 2.2% |
| India | 12.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 8.9 | 2.3 | -74.2% |
| Total | 237 | 86.0 | 231 | 242 | 0.7% |
Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Japan in 2022:
- Thailand (294.7 tons)
- China (76.0 tons)
- Malaysia (32.7 tons)
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