Price for Woven Fabrics of Artificial Staple Fibres in Japan - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Japan (CIF) - 2023
- Price for Woven Fabrics of Artificial Staple Fibres in Japan (FOB) - 2023
- Imports of Woven Fabrics of Artificial Staple Fibres in Japan
- Exports of Woven Fabrics of Artificial Staple Fibres in Japan
Price for Woven Fabrics of Artificial Staple Fibres in Japan (CIF) - 2023
The average import price for woven fabrics of artificial staple fibres stood at $1.3 per square meter in November 2023, reducing by -1.9% against the previous month. In general, the import price recorded a mild shrinkage. The growth pace was the most rapid in September 2023 when the average import price increased by 17% month-to-month. The import price peaked at $1.4 per square meter in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
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 ($5.3 per square meter), while the price for Indonesia ($784 per thousand square meters) 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 (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Artificial Staple Fibres in Japan (FOB) - 2023
In November 2023, the average export price for woven fabrics of artificial staple fibres amounted to $4.4 per square meter, jumping by 56% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $7.0 per square meter in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($6.1 per square meter), while the average price for exports to the United Arab Emirates ($2.4 per square meter) 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 Saudi Arabia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in Japan
In 2022, approx. 4.1M square meters of woven fabrics of artificial staple fibres were imported into Japan; increasing by 8.4% on 2021 figures. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of woven fabrics of artificial staple fibres expanded significantly to $29M in 2022. Overall, imports, however, saw a perceptible decrease. Over the period under review, imports of attained the peak figure at $33M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Woven Fabrics of Artificial Staple Fibres in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 14.4 | 11.4 | 14.6 | 15.9 | 3.4% |
| China | 5.2 | 3.7 | 2.9 | 4.6 | -4.0% |
| South Korea | 4.7 | 3.8 | 3.5 | 4.3 | -2.9% |
| Italy | 4.7 | 2.5 | 2.6 | 2.3 | -21.2% |
| Others | 3.7 | 2.3 | 2.5 | 2.3 | -14.7% |
| Total | 32.6 | 23.7 | 26.0 | 29.3 | -3.5% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Japan in 2022:
- Indonesia (3478.8K square meters)
- China (298.5K square meters)
- South Korea (157.4K square meters)
- Italy (40.6K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Japan
In 2022, approx. 239K square meters of woven fabrics of artificial staple fibres were exported from Japan; which is down by -15.3% on the previous year. Over the period under review, exports faced a sharp descent. The smallest decline of -12% was in 2020. Over the period under review, the exports of attained the peak figure at 704K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of woven fabrics of artificial staple fibres dropped sharply to $6.6M in 2022. Overall, exports showed a precipitous slump. The smallest decline of -16.2% was in 2020. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Woven Fabrics of Artificial Staple Fibres in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 10.2 | 4.2 | 3.0 | -30.9% |
| Vietnam | 2.8 | 2.3 | 2.3 | 1.3 | -22.6% |
| South Korea | 0.3 | 0.3 | 0.6 | 0.5 | 18.6% |
| Lao People's Democratic Republic | 2.3 | 0.2 | 0.6 | 0.3 | -49.3% |
| United States | 0.9 | 0.1 | 0.3 | 0.3 | -30.7% |
| Hong Kong SAR | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
| Taiwan (Chinese) | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Mexico | 0.7 | 0.4 | 0.1 | 0.1 | -47.7% |
| Malaysia | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| United Arab Emirates | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Others | 1.2 | 1.5 | 0.5 | 0.5 | -25.3% |
| Total | 18.5 | 15.5 | 9.1 | 6.6 | -29.1% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Japan in 2022:
- China (99.0K square meters)
- Vietnam (45.1K square meters)
- Hong Kong SAR (17.0K square meters)
- Lao People's Democratic Republic (13.1K square meters)
- Thailand (11.0K square meters)
- South Korea (10.5K square meters)
- United States (8.2K square meters)
- Mexico (7.8K square meters)
- Malaysia (5.0K square meters)
- Taiwan (Chinese) (4.5K square meters)
- United Arab Emirates (2.0K square meters)
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