Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan - 2024

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan (CIF) - 2024
  2. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan (FOB) - 2022
  3. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan
  4. Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan (CIF) - 2024

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $25,384 per ton in March 2024, jumping by 22% against the previous month. Overall, the import price showed temperate growth. The growth pace was the most rapid in December 2023 when the average import price increased by 103% m-o-m. The import price peaked in March 2024.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Italy ($46,654 per ton), while the price for China ($9,443 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by South Korea (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan (FOB) - 2022

In 2022, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $31,497 per ton, waning by -19.5% against the previous year. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 48%. As a result, the export price attained the peak level of $39,438 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($43,134 per ton), while the average price for exports to Vietnam ($18,615 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 Hong Kong SAR (+17.2%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan

In 2022, approx. 268 tons of fabrics; "long pile" fabrics, knitted or crocheteds were imported into Japan; increasing by 2.9% against 2021. Overall, imports, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 29%.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds reached $3.8M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,0031,0741,8572,0210.3%
China1,1987971,2041,2511.5%
United States3123322413584.7%
South Korea16481.610552.8-31.5%
Indonesia45.971.042.337.6-6.4%
Others25.1N/A43.739.916.7%
Total3,7472,3563,4933,7610.1%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Japan in 2022:

  1. Italy (115.5 tons)
  2. China (109.7 tons)
  3. United States (29.6 tons)
  4. Indonesia (7.0 tons)
  5. South Korea (3.1 tons)

Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan

In 2022, approx. 9.1 tons of fabrics; "long pile" fabrics, knitted or crocheteds were exported from Japan; waning by -31.2% compared with the year before. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of -10.3% was in 2021.

In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds fell sharply to $287K in 2022. Overall, exports recorded a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 0.3%. As a result, the exports attained the peak of $582K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China264224290220-5.9%
Vietnam16559.421.349.0-33.3%
Thailand7.84.55.110.19.0%
Italy62.42331502.9-64.0%
Hong Kong SAR40.1N/AN/AN/A0%
United States5.543.525.4N/A114.9%
Others35.617.626.14.7-49.1%
Total580582518287-20.9%

Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Japan in 2022:

  1. China (6.0 tons)
  2. Vietnam (2.6 tons)
  3. Thailand (0.3 tons)
  4. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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