Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan - 2024

Contents:

  1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan (FOB) - 2022
  2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan (CIF) - 2024
  3. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan
  4. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $691 per ton in 2022, falling by -7.7% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 25%. The export price peaked at $896 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Hong Kong SAR ($1,213 per ton), while the average price for exports to China ($341 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 (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan (CIF) - 2024

In May 2024, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $727 per ton, which is down by -4.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 7% month-to-month. As a result, import price attained the peak level of $803 per ton. From September 2023 to May 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($738 per ton), while the price for the Philippines ($326 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Vietnam (-0.1%), while the prices for the other major suppliers experienced a decline.

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan

In 2022, approx. 15K tons of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses were exported from Japan; which is down by -4.2% on the previous year's figure. In general, exports showed a abrupt decrease.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses fell to $10M in 2022. Over the period under review, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 2.6%.

Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4.84.04.03.7-8.3%
India2.71.32.01.9-11.1%
Thailand2.92.42.11.3-23.5%
Taiwan (Chinese)1.30.70.70.8-14.9%
China0.81.51.20.7-4.4%
Malaysia0.10.20.40.571.0%
Indonesia0.70.50.30.3-24.6%
Others1.20.60.71.0-5.9%
Total14.411.211.410.1-11.2%

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Japan in 2022:

  1. South Korea (5.0K tons)
  2. India (2.0K tons)
  3. China (1.9K tons)
  4. Thailand (1.7K tons)
  5. Malaysia (1.2K tons)
  6. Taiwan (Chinese) (1.0K tons)
  7. Indonesia (0.8K tons)

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan

In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Japan declined to 7.5K tons, with a decrease of -14.7% on the year before. Overall, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 2.9% against the previous year.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses declined remarkably to $5.9M in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.3%.

Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea8.05.95.84.7-16.2%
China0.20.30.60.858.7%
Vietnam1.00.40.40.3-33.1%
Philippines0.10.10.1N/A0.0%
Others0.10.10.1N/A0.0%
Total9.36.86.95.9-14.1%

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Japan in 2022:

  1. South Korea (6.0K tons)
  2. China (0.9K tons)
  3. Vietnam (0.6K tons)
  4. Philippines (0.1K tons)

Source: IndexBox Market Intelligence Platform

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