Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (FOB) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (CIF) - 2024
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (FOB) - 2024
The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $3,383 per ton in April 2024, declining by -12.5% against the previous month. Over the period under review, the export price saw a pronounced decline. The pace of growth appeared the most rapid in January 2024 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices hit record highs at $4,662 per ton in April 2023; however, from May 2023 to April 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In April 2024, the country with the highest price was the United States ($5,634 per ton), while the average price for exports to Thailand ($1,044 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 Malaysia (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (CIF) - 2024
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,682 per ton in April 2024, standing approximately at the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2023 an increase of 13% month-to-month. The import price peaked at $1,862 per ton in April 2023; however, from May 2023 to April 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($2,037 per ton), while the price for Vietnam ($901 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Malaysia (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan
In 2022, approx. 156K tons of synthetic staple fibres, not carded, combed or otherwise processed for spinnings were exported from Japan; waning by -13.1% on the previous year. Overall, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 5.8%.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings declined to $659M in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 195 | 142 | 154 | 123 | -14.2% |
| United States | 38.6 | 29.4 | 35.0 | 39.1 | 0.4% |
| Indonesia | 38.2 | 29.4 | 33.6 | 30.3 | -7.4% |
| Germany | 18.2 | 14.7 | 22.6 | 19.3 | 2.0% |
| Netherlands | 10.5 | 11.4 | 11.5 | 11.0 | 1.6% |
| Vietnam | 8.6 | 7.5 | 4.0 | 10.6 | 7.2% |
| India | 7.7 | 5.7 | 10.6 | 10.5 | 10.9% |
| Taiwan (Chinese) | 10.3 | 8.8 | 10.2 | 9.7 | -2.0% |
| Belgium | 9.5 | 6.1 | 11.6 | 9.3 | -0.7% |
| France | 4.2 | 3.8 | 4.0 | 6.4 | 15.1% |
| United Kingdom | 4.9 | 4.1 | 4.7 | 5.9 | 6.4% |
| Thailand | 8.6 | 5.0 | 6.0 | 5.6 | -13.3% |
| Austria | 2.7 | 3.3 | 3.0 | 4.2 | 15.9% |
| Others | 448 | 347 | 407 | 374 | -5.8% |
| Total | 806 | 618 | 717 | 659 | -6.5% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Japan in 2022:
- China (30.7K tons)
- Indonesia (11.0K tons)
- United States (5.2K tons)
- Germany (3.5K tons)
- Belgium (2.6K tons)
- Vietnam (2.4K tons)
- Thailand (2.3K tons)
- India (2.1K tons)
- France (2.0K tons)
- Taiwan (Chinese) (1.6K tons)
- United Kingdom (1.4K tons)
- Netherlands (1.2K tons)
- Austria (1.2K tons)
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan
Imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Japan expanded rapidly to 170K tons in 2022, increasing by 7.1% against 2021. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $314M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 52.8 | 37.8 | 41.1 | 48.9 | -2.5% |
| Thailand | 21.7 | 23.0 | 26.0 | 36.5 | 18.9% |
| China | 17.7 | 15.0 | 18.4 | 17.9 | 0.4% |
| Indonesia | 17.6 | 17.8 | 15.6 | 16.5 | -2.1% |
| Taiwan (Chinese) | 15.7 | 14.2 | 15.1 | 13.6 | -4.7% |
| Vietnam | 2.1 | 2.6 | 3.7 | 3.8 | 21.9% |
| Malaysia | 1.4 | 0.7 | 1.2 | 3.2 | 31.7% |
| Others | 164 | 141 | 147 | 173 | 1.8% |
| Total | 293 | 252 | 268 | 314 | 2.3% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Japan in 2022:
- South Korea (30.3K tons)
- Thailand (16.4K tons)
- China (10.7K tons)
- Indonesia (10.2K tons)
- Taiwan (Chinese) (9.4K tons)
- Vietnam (3.8K tons)
- Malaysia (2.1K tons)
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