Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan - 2023
Contents:
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan (FOB) - 2023
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan (CIF) - 2023
- Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan
- Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan (FOB) - 2023
The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $19,436 per ton in November 2023, rising by 10% against the previous month. In general, the export price, however, showed a slight contraction. The most prominent rate of growth was recorded in January 2023 an increase of 13% month-to-month. The export price peaked at $24,177 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Hong Kong SAR ($95,287 per ton), while the average price for exports to Malaysia ($3,303 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan (CIF) - 2023
The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $6,312 per ton in November 2023, which is down by -21.7% against the previous month. In general, the import price showed a mild decrease. The pace of growth appeared the most rapid in August 2023 an increase of 62% month-to-month. As a result, import price attained the peak level of $14,731 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($9,752 per ton), while the price for Bangladesh ($2,020 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 (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan
In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from Japan was estimated at 1.3K tons, with an increase of 7.6% compared with 2021 figures. Overall, exports, however, saw a deep slump.
In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds shrank to $28M in 2022. In general, exports, however, saw a pronounced setback. The smallest decline of -0.1% was in 2021.
| Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.5 | 9.1 | 10.8 | 9.5 | -6.2% |
| Hong Kong SAR | 7.7 | 9.4 | 5.2 | 6.2 | -7.0% |
| Vietnam | 1.9 | 1.9 | 2.4 | 2.3 | 6.6% |
| United States | 2.2 | 1.3 | 1.8 | 2.1 | -1.5% |
| Thailand | 1.5 | 1.3 | 1.7 | 1.9 | 8.2% |
| Indonesia | 1.4 | 0.9 | 1.2 | 1.2 | -5.0% |
| Malaysia | 0.5 | 0.5 | 0.9 | 0.9 | 21.6% |
| Myanmar | 0.3 | 0.4 | 0.1 | 0.2 | -12.6% |
| Others | 4.1 | 3.2 | 3.8 | 3.5 | -5.1% |
| Total | 30.9 | 28.0 | 28.0 | 27.7 | -3.6% |
Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Japan in 2022:
- China (526.0 tons)
- Vietnam (169.5 tons)
- Malaysia (149.9 tons)
- Thailand (99.5 tons)
- Hong Kong SAR (80.5 tons)
- United States (73.6 tons)
- Indonesia (51.4 tons)
- Myanmar (35.7 tons)
Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan
In 2022, overseas purchases of felt; whether or not impregnated, coated, covered or laminateds decreased by -3.7% to 2.3K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a perceptible decline. The growth pace was the most rapid in 2020 when imports increased by 0.9%. As a result, imports attained the peak of 2.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds rose remarkably to $19M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.2 | 10.1 | 11.0 | 12.9 | 11.9% |
| Vietnam | 1.6 | 1.2 | 1.0 | 1.1 | -11.7% |
| South Korea | 1.5 | 1.2 | 1.3 | 1.1 | -9.8% |
| Thailand | 0.8 | 0.8 | 1.1 | 0.9 | 4.0% |
| Canada | 0.5 | 0.4 | 0.6 | 0.4 | -7.2% |
| Indonesia | 1.3 | 1.2 | 0.4 | 0.4 | -32.5% |
| Others | 2.7 | 2.3 | 2.4 | 2.5 | -2.5% |
| Total | 17.6 | 17.2 | 17.8 | 19.2 | 2.9% |
Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Japan in 2022:
- China (1479.5 tons)
- Vietnam (325.7 tons)
- South Korea (148.6 tons)
- Thailand (98.6 tons)
- Canada (95.1 tons)
- Indonesia (72.7 tons)
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