Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan - 2024

Contents:

  1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan (CIF) - 2024
  2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan (FOB) - 2024
  3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan
  4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan (CIF) - 2024

In April 2024, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $2.7 per square meter, declining by -4.1% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2023 when the average import price increased by 12% month-to-month. The import price peaked at $3.0 per square meter in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In April 2024, the highest price was recorded for prices from Thailand ($2.9 per square meter) and China ($2.8 per square meter), while the price for Vietnam ($2.0 per square meter) and South Korea ($2.4 per square meter) were amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by South Korea (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan (FOB) - 2024

The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $6.7 per square meter in April 2024, rising by 26% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $7.0 per square meter in January 2024; however, from February 2024 to April 2024, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From April 2023 to April 2024, the rate of growth in terms of prices for the United States amounted to -0.4% per month.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan

After three years of growth, purchases abroad of fabrics, woven; from strip or the like, of synthetic textile materialses decreased by -6.3% to 109M square meters in 2022. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 10% against the previous year. Imports peaked at 116M square meters in 2021, and then fell in the following year.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses fell to $36M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $39M, and then contracted in the following year.

Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.626.630.127.38.1%
Thailand2.32.83.13.413.9%
South Korea3.62.12.52.8-8.0%
Vietnam3.02.01.82.0-12.6%
Indonesia0.80.80.50.6-9.1%
Others0.80.40.70.3-27.9%
Total32.134.738.736.44.3%

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Japan in 2022:

  1. China (79.2M square meters)
  2. South Korea (10.5M square meters)
  3. Thailand (9.1M square meters)
  4. Vietnam (7.4M square meters)
  5. Indonesia (1.7M square meters)

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan

In 2022, approx. 6.5M square meters of fabrics, woven; from strip or the like, of synthetic textile materialses were exported from Japan; with a decrease of -9.5% compared with the year before. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports attained the peak of 7.2M square meters, and then declined in the following year.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses stood at $4.5M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.21.83.04.123.1%
Sweden0.70.80.80.2-34.1%
Others0.70.20.30.2-34.1%
Total3.62.84.24.57.7%

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Japan in 2022:

  1. United States (5.9M square meters)
  2. Sweden (0.4M square meters)

Source: IndexBox Market Intelligence Platform

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