Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (CIF) - 2024
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (FOB) - 2024
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (CIF) - 2024
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $12,496 per ton in April 2024, shrinking by -5.8% against the previous month. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in December 2023 when the average import price increased by 64% month-to-month. Over the period under review, average import prices reached the maximum at $23,728 per ton in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was France ($68,975 per ton), while the price for China ($8,690 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (FOB) - 2024
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $34,805 per ton in April 2024, dropping by -17.4% against the previous month. Overall, the export price showed a mild slump. The pace of growth was the most pronounced in January 2024 when the average export price increased by 34% against the previous month. As a result, the export price attained the peak level of $44,926 per ton. From February 2024 to April 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In April 2024, the country with the highest price was Taiwan (Chinese) ($77,428 per ton), while the average price for exports to South Korea ($27,619 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan
After three years of growth, overseas purchases of cotton yarn (other than sewing thread), put up for retail sale decreased by -10.5% to 335 tons in 2022. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of 374 tons, and then reduced in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale dropped markedly to $5.1M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $6.2M, and then declined rapidly in the following year.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,540 | 2,068 | 2,257 | 2,519 | 17.8% |
| India | 1,656 | 1,751 | 1,796 | 1,143 | -11.6% |
| France | 1,002 | 787 | 1,141 | 784 | -7.9% |
| Turkey | 135 | 113 | 217 | 124 | -2.8% |
| Bulgaria | N/A | 12.2 | 93.7 | 103 | 190.6% |
| Thailand | 6.0 | N/A | 258 | 1.6 | -35.6% |
| Others | 536 | 338 | 415 | 470 | -4.3% |
| Total | 4,876 | 5,070 | 6,177 | 5,146 | 1.8% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Japan in 2022:
- China (223.3 tons)
- India (75.6 tons)
- France (11.5 tons)
- Turkey (7.8 tons)
- Bulgaria (7.0 tons)
- Thailand (0.1 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan
Exports of cotton yarn (other than sewing thread), put up for retail sale from Japan rose markedly to 27 tons in 2022, growing by 12% on 2021. In general, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 64% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale expanded significantly to $1.1M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 204 | 177 | 272 | 423 | 27.5% |
| China | 135 | 186 | 178 | 275 | 26.8% |
| South Korea | 158 | 133 | 144 | 113 | -10.6% |
| Denmark | 34.2 | 9.7 | 37.0 | 59.6 | 20.3% |
| Hong Kong SAR | 134 | 35.9 | 66.9 | 59.3 | -23.8% |
| Philippines | N/A | N/A | 3.1 | 55.9 | 1703.2% |
| Taiwan (Chinese) | 50.3 | 50.9 | 79.5 | 38.3 | -8.7% |
| Italy | 36.3 | 11.9 | 87.7 | 8.8 | -37.6% |
| Others | 123 | 124 | 140 | 100 | -6.7% |
| Total | 874 | 729 | 1,008 | 1,133 | 9.0% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Japan in 2022:
- United States (9.0 tons)
- China (7.6 tons)
- South Korea (3.9 tons)
- Denmark (1.4 tons)
- Hong Kong SAR (1.2 tons)
- Taiwan (Chinese) (0.9 tons)
- Philippines (0.8 tons)
- Italy (0.2 tons)
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