Japan: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Japan

In 2021, the Japanese pile and chenille fabric market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a noticeable descent. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Japan

In value terms, pile and chenille fabric production fell to $X in 2021 estimated in export price. Overall, production continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Japan

In 2021, the amount of woven pile fabrics and chenille fabrics exported from Japan amounted to X tons, increasing by X% compared with 2020 figures. Overall, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, pile and chenille fabric exports rose modestly to $X in 2021. In general, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for pile and chenille fabric exports from Japan, accounting for a X% share of total exports. Moreover, pile and chenille fabric exports to China exceeded the volume sent to the second major destination, Vietnam (X tons), more than tenfold. The third position in this ranking was held by South Korea (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-X% per year) and South Korea (-X% per year).

In value terms, China ($X) remains the key foreign market for pile and chenille fabric exports from Japan, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Hong Kong SAR (-X% per year).

Export Prices by Country

In 2021, the average pile and chenille fabric export price amounted to $X per ton, remaining constant against the previous year. In general, the export price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Japan

In 2021, the amount of woven pile fabrics and chenille fabrics imported into Japan dropped to X tons, remaining relatively unchanged against the year before. In general, imports recorded a perceptible contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, pile and chenille fabric imports amounted to $X in 2021. Over the period under review, imports recorded a slight curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pile and chenille fabric to Japan, with a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), sevenfold. Vietnam (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Vietnam (-X% per year).

In value terms, the largest pile and chenille fabric suppliers to Japan were China ($X), Vietnam ($X) and Italy ($X), with a combined X% share of total imports. Spain, Turkey, South Korea and the UK lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average pile and chenille fabric import price amounted to $X per ton, increasing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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