Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan - 2023

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan (FOB) - 2023
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan (CIF) - 2023
  3. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan
  4. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan (FOB) - 2023

In November 2023, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $13.8 per square meter, growing by 12% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 76% against the previous month. As a result, the export price reached the peak level of $17.9 per square meter. From February 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Indonesia ($21.4 per square meter), while the average price for exports to Taiwan (Chinese) ($3.7 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 Lao People's Democratic Republic (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan (CIF) - 2023

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $13.4 per square meter in November 2023, shrinking by -51.7% against the previous month. Overall, the import price showed a deep reduction. The growth pace was the most rapid in April 2023 when the average import price increased by 51% month-to-month. The import price peaked at $27.7 per square meter in October 2023, and then contracted significantly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($53.4 per square meter), while the price for Mongolia ($4.3 per square meter) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan

Exports of woven fabrics of carded wool or of carded fine animal hair from Japan surged to 3.8M square meters in 2022, growing by 19% against 2021 figures. Over the period under review, exports, however, recorded a perceptible setback. The exports peaked at 4.3M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair fell to $44M in 2022. Overall, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 9.2% against the previous year. Over the period under review, the exports of attained the maximum at $62M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.822.629.527.5-8.4%
Vietnam13.77.76.26.4-22.4%
South Korea2.11.62.22.21.6%
Bangladesh3.22.21.61.4-24.1%
Cambodia0.80.70.71.420.5%
Myanmar1.41.70.20.7-20.6%
Philippines0.60.40.50.75.3%
Others4.73.43.13.3-11.1%
Total62.240.344.043.6-11.2%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Japan in 2022:

  1. China (2395.9K square meters)
  2. Vietnam (501.8K square meters)
  3. Cambodia (194.8K square meters)
  4. Bangladesh (127.7K square meters)
  5. South Korea (127.7K square meters)
  6. Myanmar (78.9K square meters)
  7. Philippines (63.5K square meters)

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan

For the third year in a row, Japan recorded decline in supplies from abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -7.8% to 826K square meters in 2022. Over the period under review, imports saw a sharp reduction. Imports peaked at 2M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair contracted slightly to $17M in 2022. Overall, imports saw a significant contraction. Imports peaked at $34M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy24.014.112.211.1-22.7%
United Kingdom4.02.82.72.8-11.2%
China3.41.91.31.6-22.2%
Mongolia1.10.50.50.4-28.6%
Others1.30.91.01.2-2.6%
Total33.720.117.717.2-20.1%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Japan in 2022:

  1. Italy (453.1K square meters)
  2. China (113.1K square meters)
  3. United Kingdom (102.1K square meters)
  4. Mongolia (95.6K square meters)

Source: IndexBox Market Intelligence Platform

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