Price for Cotton; Yarn Waste (Including Thread Waste) in Japan - 2022

Contents:

1. Price for Cotton; Yarn Waste (Including Thread Waste) in Japan (CIF) - 2022
2. Price for Cotton; Yarn Waste (Including Thread Waste) in Japan (FOB) - 2022
3. Imports of Cotton; Yarn Waste (Including Thread Waste) in Japan
4. Exports of Cotton; Yarn Waste (Including Thread Waste) in Japan

Price for Cotton; Yarn Waste (Including Thread Waste) in Japan (CIF) - 2022

In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $1,236 per ton, declining by -2.8% against the previous year. In general, the import price showed a noticeable decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $1,693 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1,236 per ton), while the price for South Korea totaled $1,034 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.6%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Yarn Waste (Including Thread Waste) in Japan (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $777 per ton, growing by 4.8% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cotton; yarn waste (including thread waste) increased by +49.4% against 2018 indices. The growth pace was the most rapid in 2015 when the average export price increased by 54%. As a result, the export price reached the peak level of $1,215 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($757 per ton), while the average price for exports to South Korea ($333 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 Myanmar (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Yarn Waste (Including Thread Waste) in Japan

Imports of cotton; yarn waste (including thread waste) into Japan fell modestly to 232 tons in 2022, declining by -2.3% on the previous year's figure. Over the period under review, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year.

In value terms, imports of cotton; yarn waste (including thread waste) shrank to $286K in 2022. Overall, imports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 11%.

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Japan in 2022:

1. Indonesia (230.7 tons)
2. South Korea (0.8 tons)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Japan

In 2022, the amount of cotton; yarn waste (including thread waste) exported from Japan fell remarkably to 43 tons, which is down by -45.5% on 2021. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 502%. As a result, the exports attained the peak of 79 tons, and then reduced notably in the following year.

In value terms, exports of cotton; yarn waste (including thread waste) contracted notably to $34K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 597% against the previous year. As a result, the exports reached the peak of $59K, and then contracted markedly in the following year.

Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Japan in 2022:

1. Myanmar (42.2 tons)
2. Philippines (0.7 tons)

Source: IndexBox Market Intelligence Platform