Price for Wadding; Other Articles Thereof, of Cotton in Japan - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Japan (CIF) - 2024
- Price for Wadding; Other Articles Thereof, of Cotton in Japan (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Cotton in Japan
- Exports of Wadding; Other Articles Thereof, of Cotton in Japan
Price for Wadding; Other Articles Thereof, of Cotton in Japan (CIF) - 2024
The average import price for wadding; other articles thereof, of cotta stood at $4,502 per ton in April 2024, dropping by -1.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 5.2% m-o-m. Over the period under review, average import prices reached the maximum at $4,883 per ton in May 2023; however, from June 2023 to April 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Vietnam ($5,179 per ton), while the price for Indonesia ($3,097 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 Vietnam (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Wadding; Other Articles Thereof, of Cotton in Japan (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $10,253 per ton, waning by -22.3% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 18%. The export price peaked at $20,353 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($17,892 per ton), while the average price for exports to Indonesia ($3,487 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 China (-0.9%), while the prices for the other major destinations experienced a decline.
Imports of Wadding; Other Articles Thereof, of Cotton in Japan
In 2022, imports of wadding; other articles thereof, of cotta into Japan rose markedly to 9.1K tons, picking up by 8.9% on the previous year. In general, imports continue to indicate a relatively flat trend pattern.
In value terms, imports of wadding; other articles thereof, of cotta expanded markedly to $43M in 2022. The total import value increased at an average annual rate of +1.3% over the period 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 Wadding; Other Articles Thereof, of Cotton in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.0 | 23.8 | 22.7 | 26.1 | 2.8% |
| Vietnam | 11.5 | 12.8 | 12.2 | 13.3 | 5.0% |
| Indonesia | 1.9 | 2.3 | 1.6 | 1.8 | -1.8% |
| Philippines | 1.9 | 1.6 | 1.8 | 0.7 | -28.3% |
| Others | 1.7 | 0.9 | 0.8 | 0.8 | -22.2% |
| Total | 41.1 | 41.5 | 39.0 | 42.7 | 1.3% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Japan in 2022:
- China (5.6K tons)
- Vietnam (2.8K tons)
- Indonesia (0.5K tons)
- Philippines (0.1K tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Japan
Exports of wadding; other articles thereof, of cotta from Japan reduced modestly to 1.8K tons in 2022, with a decrease of -2.4% compared with the previous year. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 26%.
In value terms, exports of wadding; other articles thereof, of cotta reduced sharply to $18M in 2022. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year.
| Export of Wadding; Other Articles Thereof, of Cotton in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.2 | 9.4 | 10.5 | 4.5 | -36.0% |
| Indonesia | 0.5 | 1.0 | 1.7 | 2.9 | 79.7% |
| United States | 4.0 | 3.0 | 2.8 | 2.3 | -16.8% |
| Taiwan (Chinese) | 2.4 | 1.9 | 1.8 | 1.5 | -14.5% |
| Hong Kong SAR | 2.2 | 2.4 | 1.9 | 1.4 | -14.0% |
| Vietnam | 0.6 | 0.6 | 0.7 | 1.0 | 18.6% |
| Thailand | 0.9 | 0.8 | 1.0 | 0.9 | 0.0% |
| Others | 3.4 | 2.3 | 3.8 | 4.0 | 5.6% |
| Total | 31.1 | 21.4 | 24.3 | 18.4 | -16.1% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Japan in 2022:
- Indonesia (820.0 tons)
- China (341.9 tons)
- United States (128.8 tons)
- Taiwan (Chinese) (114.4 tons)
- Hong Kong SAR (87.3 tons)
- Thailand (65.0 tons)
- Vietnam (59.6 tons)
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