Price for Clothing; Parts, Knitted or Crocheted in Japan - 2023

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Japan (FOB) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Japan (CIF) - 2022
3. Exports of Clothing; Parts, Knitted or Crocheted in Japan
4. Imports of Clothing; Parts, Knitted or Crocheted in Japan

Price for Clothing; Parts, Knitted or Crocheted in Japan (FOB) - 2022

The average export price for clothing; parts, knitted or crocheted stood at $49,223 per ton in 2022, waning by -21.5% against the previous year. Over the period under review, the export price saw a pronounced reduction. The growth pace was the most rapid in 2016 an increase of 23% against the previous year. Over the period under review, the average export prices attained the maximum at $66,091 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($67,769 per ton), while the average price for exports to Myanmar ($9,829 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 the United Arab Emirates (+16.8%), while the prices for the other major destinations experienced a decline.

Price for Clothing; Parts, Knitted or Crocheted in Japan (CIF) - 2022

The average import price for clothing; parts, knitted or crocheted stood at $56,584 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clothing; parts, knitted or crocheted import price increased by +54.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 53%. As a result, import price attained the peak level of $60,972 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($117,727 per ton), while the price for China ($44,763 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Clothing; Parts, Knitted or Crocheted in Japan

In 2022, the amount of clothing; parts, knitted or crocheted exported from Japan surged to 82 tons, jumping by 33% compared with 2021. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted exports expanded to $4M in 2022. In general, exports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 5.6%.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Japan in 2022:

1. Vietnam (36.1 tons)
2. China (24.4 tons)
3. Myanmar (15.1 tons)
4. Indonesia (4.5 tons)

Imports of Clothing; Parts, Knitted or Crocheted in Japan

In 2022, purchases abroad of clothing; parts, knitted or crocheted decreased by -29.1% to 9.3 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of 26 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, clothing; parts, knitted or crocheted imports reduced to $524K in 2022. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of $941K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Japan in 2022:

1. China (6.9 tons)
2. Croatia (1.4 tons)
3. Taiwan (Chinese) (0.3 tons)
4. Italy (0.2 tons)
5. Thailand (0.2 tons)
6. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform