Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan - 2024
Contents:
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan (FOB) - 2024
- Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan (CIF) - 2022
- Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan
- Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan (FOB) - 2024
In April 2024, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $4,559 per ton, remaining relatively unchanged against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2023 when the average export price increased by 7.7% m-o-m. As a result, the export price attained the peak level of $4,814 per ton. From January 2024 to April 2024, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was Bangladesh ($5,865 per ton), while the average price for exports to Germany ($2,521 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 Democratic Republic of the Congo (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan (CIF) - 2022
In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $6,971 per ton, reducing by -7.6% against the previous year. Over the period under review, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2017 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $11,176 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,729 per ton), while the price for Thailand ($5,917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan
In 2022, exports of fibres; synthetic filament tow, acrylic or modacrylics from Japan expanded notably to 70K tons, with an increase of 7.1% against the previous year's figure. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics shrank to $324M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 24%. As a result, the exports reached the peak of $337M, and then reduced in the following year.
| Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 77.8 | 60.2 | 79.4 | 82.5 | 2.0% |
| Nigeria | 41.2 | 36.4 | 49.3 | 40.5 | -0.6% |
| Senegal | 37.3 | 25.1 | 33.4 | 27.9 | -9.2% |
| Bangladesh | 20.8 | 23.9 | 26.7 | 18.0 | -4.7% |
| Togo | 20.5 | 19.6 | 19.6 | 17.8 | -4.6% |
| China | 23.5 | 19.3 | 19.3 | 15.8 | -12.4% |
| Indonesia | 16.4 | 16.5 | 18.6 | 15.1 | -2.7% |
| Germany | 0.2 | 0.1 | 0.7 | 14.5 | 317.0% |
| Mozambique | 3.9 | 6.4 | 11.3 | 11.8 | 44.6% |
| United Kingdom | 26.8 | 16.8 | 17.7 | 10.6 | -26.6% |
| Cameroon | 5.9 | 7.2 | 10.8 | 10.3 | 20.4% |
| Malaysia | N/A | 4.0 | N/A | 8.0 | 41.4% |
| Thailand | 1.7 | 2.6 | 3.8 | 6.0 | 52.3% |
| Others | 38.4 | 33.7 | 46.6 | 45.5 | 5.8% |
| Total | 314 | 272 | 337 | 324 | 1.1% |
Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Japan in 2022:
- United States (21.8K tons)
- Nigeria (7.4K tons)
- Senegal (4.4K tons)
- China (4.0K tons)
- Germany (3.9K tons)
- Malaysia (3.1K tons)
- Togo (3.0K tons)
- Indonesia (2.9K tons)
- United Kingdom (2.7K tons)
- Bangladesh (2.6K tons)
- Mozambique (2.5K tons)
- Thailand (2.2K tons)
- Cameroon (1.7K tons)
Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan
In 2022, overseas purchases of fibres; synthetic filament tow, acrylic or modacrylics were finally on the rise to reach 593 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics skyrocketed to $4.1M in 2022. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 777 | 20.0 | 1,584 | 42.8% |
| Mexico | 1,589 | 1,225 | 575 | 1,232 | -8.1% |
| Hungary | N/A | 84.2 | 272 | 671 | 182.3% |
| United Kingdom | 678 | 290 | 282 | 467 | -11.7% |
| United States | N/A | N/A | 13.4 | 150 | 1019.4% |
| Malaysia | 346 | 38.1 | 4.4 | 3.3 | -78.8% |
| Others | N/A | N/A | 20.5 | 26.5 | 29.3% |
| Total | 2,613 | 2,414 | 1,187 | 4,134 | 16.5% |
Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Japan in 2022:
- Thailand (267.7 tons)
- Mexico (154.6 tons)
- Hungary (80.2 tons)
- United Kingdom (69.4 tons)
- United States (15.5 tons)
- Malaysia (0.4 tons)
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