Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan - 2024

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (FOB) - 2024
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (CIF) - 2024
  3. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan
  4. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (FOB) - 2024

The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $77,878 per ton in November 2023, shrinking by -4.9% against the previous month. In general, the export price continues to indicate a noticeable decrease. The growth pace was the most rapid in April 2023 when the average export price increased by 42% m-o-m. Over the period under review, the average export prices attained the peak figure at $132K per ton in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the Netherlands ($338K per ton), while the average price for exports to Vietnam ($18,153 per ton) was amongst the lowest.

From February 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (CIF) - 2024

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $18,239 per ton in November 2023, shrinking by -42.3% against the previous month. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 44% month-to-month. The import price peaked at $69,805 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($92,165 per ton), while the price for China totaled $16,796 per ton.

From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced a decline.

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan

In 2022, overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -29.2% to 69 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 5.2%. As a result, the exports attained the peak of 101 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale plummeted to $6.4M in 2022. In general, exports showed a slight setback. The pace of growth was the most pronounced in 2021 when exports increased by 19%. As a result, the exports attained the peak of $8.4M, and then shrank remarkably in the following year.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8921,2391,5231,300-11.8%
United States3344111,1291,10649.1%
South Korea1,0031,035967917-2.9%
Australia57.830629634581.4%
Vietnam568475625329-16.6%
Russia2324717683039.3%
Singapore1734231931760.6%
Germany79.219171.315926.2%
Latvia23.610524915185.6%
France32.270.312514565.1%
Taiwan (Chinese)292161105122-25.2%
KazakhstanN/AN/AN/A1110%
Thailand16326.572.562.2-27.5%
Others1,7072,1252,2571,141-12.6%
Total6,5567,0398,3806,366-1.0%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Japan in 2022:

  1. Vietnam (18.3 tons)
  2. South Korea (12.6 tons)
  3. United States (10.2 tons)
  4. Australia (4.2 tons)
  5. China (2.9 tons)
  6. Russia (2.8 tons)
  7. Taiwan (Chinese) (1.5 tons)
  8. France (1.3 tons)
  9. Kazakhstan (1.2 tons)
  10. Singapore (1.1 tons)
  11. Latvia (1.1 tons)
  12. Germany (1.1 tons)
  13. Thailand (1.1 tons)

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan

In 2022, imports of man-made filament yarn (other than sewing thread), put up for retail sale into Japan dropped dramatically to 202 tons, reducing by -23% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports reached the peak of 262 tons, and then declined dramatically in the following year.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale amounted to $4.5M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1201,8082,8053,53718.6%
Italy13927836938540.4%
Taiwan (Chinese)411321306248-15.5%
United States301195308224-9.4%
Others275102145116-25.0%
Total3,2462,7043,9334,51011.6%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Japan in 2022:

  1. China (175.8 tons)
  2. Italy (13.7 tons)
  3. Taiwan (Chinese) (4.5 tons)
  4. United States (3.6 tons)

Source: IndexBox Market Intelligence Platform

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