Price for Knitted or Crocheted Pile Fabrics in Japan - 2023

Contents:

  1. Price for Knitted or Crocheted Pile Fabrics in Japan (FOB) - 2022
  2. Price for Knitted or Crocheted Pile Fabrics in Japan (CIF) - 2022
  3. Exports of Knitted or Crocheted Pile Fabrics in Japan
  4. Imports of Knitted or Crocheted Pile Fabrics in Japan

Price for Knitted or Crocheted Pile Fabrics in Japan (FOB) - 2022

The average export price for knitted or crocheted pile fabricses stood at $20,993 per ton in 2022, shrinking by -12% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the maximum at $23,859 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($37,413 per ton), while the average price for exports to Indonesia ($15,436 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 Bangladesh (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Knitted or Crocheted Pile Fabrics in Japan (CIF) - 2022

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $11,772 per ton, increasing by 9.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $12,486 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($22,346 per ton), while the price for China ($9,511 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Knitted or Crocheted Pile Fabrics in Japan

In 2022, the amount of knitted or crocheted pile fabricses exported from Japan fell to 583 tons, which is down by -5.3% compared with 2021 figures. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 9% against the previous year.

In value terms, knitted or crocheted pile fabrics exports reduced markedly to $12M in 2022. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.

Export of Knitted or Crocheted Pile Fabrics in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.05.55.24.6-16.8%
Vietnam3.12.73.33.21.1%
Thailand1.00.81.00.8-7.2%
Italy0.40.50.90.720.5%
Indonesia0.50.40.70.66.3%
Bangladesh0.10.40.80.458.7%
Hong Kong SAR0.40.50.70.40.0%
Myanmar1.0N/AN/A0.3-33.1%
Germany0.30.40.20.1-30.7%
Others1.31.92.01.30.0%
Total16.213.014.712.2-9.0%

Top Export Markets for Knitted or Crocheted Pile Fabrics from Japan in 2022:

  1. China (230.5 tons)
  2. Vietnam (166.3 tons)
  3. Indonesia (37.1 tons)
  4. Thailand (33.3 tons)
  5. Myanmar (19.7 tons)
  6. Italy (17.9 tons)
  7. Bangladesh (16.0 tons)
  8. Hong Kong SAR (11.0 tons)
  9. Germany (3.8 tons)

Imports of Knitted or Crocheted Pile Fabrics in Japan

Knitted or crocheted pile fabrics imports into Japan soared to 1.5K tons in 2022, picking up by 19% against 2021. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, knitted or crocheted pile fabrics imports soared to $17M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Knitted or Crocheted Pile Fabrics in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.94.56.68.512.9%
Italy2.81.72.22.5-3.7%
United States1.51.41.42.213.6%
Taiwan (Chinese)1.20.81.11.814.5%
South Korea1.81.41.51.80.0%
Others0.60.50.40.5-5.9%
Total13.810.213.317.37.8%

Top Suppliers of Knitted or Crocheted Pile Fabrics to Japan in 2022:

  1. China (894.4 tons)
  2. Taiwan (Chinese) (166.4 tons)
  3. South Korea (139.3 tons)
  4. Italy (129.5 tons)
  5. United States (100.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; pile fabrics, including "long pile" fabrics and terry fabrics, knitted or crocheted - Japan