Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Japan - 2023

Contents:

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

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Japan (FOB) - 2022

The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $20,116 per ton in 2022, falling by -8.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2016 when the average export price increased by 21%. Over the period under review, the average export prices attained the maximum at $26,335 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($50,298 per ton), while the average price for exports to Vietnam ($12,779 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 States (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Japan (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $12,706 per ton, reducing by -4.1% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted increased by +48.4% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 84% against the previous year. As a result, import price attained the peak level of $14,259 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($30,929 per ton), while the price for South Korea ($6,684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Japan

In 2022, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted from Japan shrank slightly to 126 tons, flattening at 2021. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 36%. As a result, the exports attained the peak of 127 tons, leveling off in the following year.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted fell to $2.5M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, the exports reached the peak of $2.8M, and then dropped in the following year.

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Japan in 2022:

1. China (66.5 tons)
2. Vietnam (34.9 tons)
3. Italy (10.9 tons)
4. Hong Kong SAR (4.9 tons)
5. South Korea (2.2 tons)
6. France (2.1 tons)
7. United States (2.1 tons)

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Japan

In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Japan reduced sharply to 35 tons, waning by -38.6% on the year before. Over the period under review, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 57 tons, and then dropped sharply in the following year.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped notably to $445K in 2022. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of $755K, and then contracted sharply in the following year.

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Japan in 2022:

1. China (15.8 tons)
2. United States (13.6 tons)
3. South Korea (2.4 tons)
4. India (1.2 tons)
5. Portugal (1.1 tons)
6. Turkey (0.6 tons)

Source: IndexBox Market Intelligence Platform