Price for Embroidery; in the Piece, in Strips or in Motifs in Japan - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Japan (CIF) - 2023
- Price for Embroidery; in the Piece, in Strips or in Motifs in Japan (FOB) - 2023
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Japan
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Japan
Price for Embroidery; in the Piece, in Strips or in Motifs in Japan (CIF) - 2023
In July 2023, the average import price for embroidery; in the piece, in strips or in motifses amounted to $66,454 per ton, picking up by 14% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 26% against the previous month. Over the period under review, average import prices hit record highs in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($211K per ton), while the price for Turkey ($39,261 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Japan (FOB) - 2023
The average export price for embroidery; in the piece, in strips or in motifses stood at $96,993 per ton in July 2023, with an increase of 6% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in December 2022 an increase of 13% against the previous month. The export price peaked at $116K per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was China ($166K per ton), while the average price for exports to the Philippines ($23,190 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Japan
In 2022, purchases abroad of embroidery; in the piece, in strips or in motifses decreased by -14.3% to 496 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of 618 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of embroidery; in the piece, in strips or in motifses shrank modestly to $24M in 2022. In general, imports continue to indicate a mild setback.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.7 | 14.4 | 14.4 | 12.2 | -1.3% |
| Turkey | 4.1 | 3.2 | 3.8 | 4.0 | -0.8% |
| Taiwan (Chinese) | 1.8 | 1.7 | 1.4 | 2.2 | 6.9% |
| India | 1.7 | 1.7 | 1.5 | 2.1 | 7.3% |
| Thailand | 0.5 | 0.3 | 0.5 | 0.7 | 11.9% |
| Others | 4.6 | 3.7 | 2.8 | 3.1 | -12.3% |
| Total | 25.4 | 25.0 | 24.5 | 24.3 | -1.5% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Japan in 2022:
- China (299.8 tons)
- Turkey (121.0 tons)
- India (35.6 tons)
- Taiwan (Chinese) (12.8 tons)
- Thailand (8.5 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Japan
After two years of decline, overseas shipments of embroidery; in the piece, in strips or in motifses increased by 16% to 131 tons in 2022. Over the period under review, exports, however, recorded a abrupt setback.
In value terms, exports of embroidery; in the piece, in strips or in motifses reduced to $13M in 2022. Overall, exports, however, continue to indicate a abrupt decline.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 13.6 | 11.0 | 10.0 | 9.6 | -11.0% |
| China | 4.4 | 2.6 | 2.4 | 2.2 | -20.6% |
| Philippines | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 1.2 | 0.9 | 0.9 | 1.3 | 2.7% |
| Total | 19.5 | 14.7 | 13.3 | 13.3 | -12.0% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Japan in 2022:
- Vietnam (96.3 tons)
- China (20.1 tons)
- Philippines (2.2 tons)
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