Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Japan - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Japan (CIF) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Japan (FOB) - 2023
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Japan
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Japan
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Japan (CIF) - 2023
The average import price for yarn of combed wool, not put up for retail sale stood at $19,106 per ton in November 2023, falling by -9.1% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 8.1% month-to-month. Over the period under review, average import prices attained the maximum at $21,122 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($24,047 per ton), while the price for Taiwan (Chinese) ($12,809 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 Thailand (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Japan (FOB) - 2023
In November 2023, the average export price for yarn of combed wool, not put up for retail sale amounted to $22,272 per ton, with a decrease of -10.6% against the previous month. In general, the export price recorded a mild slump. The pace of growth appeared the most rapid in March 2023 an increase of 310% month-to-month. Over the period under review, the average export prices hit record highs at $43,477 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Italy ($55,533 per ton), while the average price for exports to China totaled $21,843 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Japan
After two years of decline, purchases abroad of yarn of combed wool, not put up for retail sale increased by 63% to 2.5K tons in 2022. In general, imports, however, saw a abrupt contraction.
In value terms, imports of yarn of combed wool, not put up for retail sale soared to $52M in 2022. Over the period under review, imports, however, showed a abrupt decline.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 18.1 | 8.9 | 10.8 | 20.4 | 4.1% |
| China | 30.3 | 14.3 | 7.7 | 14.8 | -21.2% |
| India | 26.7 | 8.9 | 5.2 | 11.0 | -25.6% |
| Italy | 2.5 | 1.9 | 1.9 | 2.1 | -5.6% |
| Malaysia | 4.3 | 2.4 | 2.2 | 1.9 | -23.8% |
| Vietnam | 1.5 | 5.6 | 1.8 | 1.2 | -7.2% |
| Others | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
| Total | 83.6 | 42.0 | 29.9 | 52.3 | -14.5% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Japan in 2022:
- Thailand (1090.6 tons)
- China (647.1 tons)
- India (577.6 tons)
- Malaysia (76.3 tons)
- Vietnam (64.6 tons)
- Italy (36.0 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Japan
In 2022, approx. 125 tons of yarn of combed wool, not put up for retail sale were exported from Japan; with a decrease of -31.9% on the year before. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 12%.
In value terms, exports of yarn of combed wool, not put up for retail sale declined notably to $3.2M in 2022. Overall, exports showed a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 8.8% against the previous year.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,179 | 3,369 | 3,587 | 2,370 | -17.2% |
| Vietnam | 211 | 94.4 | 176 | 193 | -2.9% |
| Italy | 157 | 170 | 330 | 156 | -0.2% |
| Hong Kong SAR | 1,388 | 614 | 590 | 122 | -55.5% |
| Thailand | 82.7 | 89.7 | 119 | 118 | 12.6% |
| South Korea | 45.7 | 83.5 | 91.7 | 104 | 31.5% |
| Others | 280 | 325 | 272 | 181 | -13.5% |
| Total | 6,344 | 4,746 | 5,165 | 3,243 | -20.0% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Japan in 2022:
- China (104.0 tons)
- Vietnam (6.8 tons)
- Thailand (3.6 tons)
- Italy (3.0 tons)
- Hong Kong SAR (2.9 tons)
- South Korea (2.1 tons)
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This report provides an in-depth analysis of the woolen yarn market in Japan.
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