Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Japan - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Japan (FOB) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Japan (CIF) - 2023
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Japan
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Japan
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Japan (FOB) - 2023
In November 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $10,951 per ton, jumping by 30% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The export price peaked at $13,271 per ton in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($19,899 per ton), while the average price for exports to Belarus ($8,522 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Japan (CIF) - 2023
The average import price for wadding; other articles thereof, of man-made fibreses stood at $9,385 per ton in November 2023, with a decrease of -25.5% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 31% against the previous month. Over the period under review, average import prices hit record highs at $16,091 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($19,672 per ton), while the price for China ($6,001 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.3%), while the prices for the other major suppliers experienced a decline.
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Japan
Exports of wadding; other articles thereof, of man-made fibreses from Japan reduced notably to 2.7K tons in 2022, with a decrease of -38% compared with the previous year. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 1.4%.
In value terms, exports of wadding; other articles thereof, of man-made fibreses fell notably to $29M in 2022. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 0.6%.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 5.1 | 7.6 | 7.9 | 6.2 | 6.7% |
| Russia | 3.3 | 4.3 | 4.8 | 3.7 | 3.9% |
| Vietnam | 2.3 | 1.9 | 3.3 | 3.4 | 13.9% |
| China | 9.8 | 5.8 | 6.0 | 3.4 | -29.7% |
| Romania | 1.8 | 2.6 | 3.5 | 3.1 | 19.9% |
| Poland | 0.6 | 0.7 | 0.8 | 1.5 | 35.7% |
| Ukraine | 3.4 | 3.6 | 3.4 | 1.2 | -29.3% |
| Philippines | 9.6 | 10.1 | 10.4 | 1.2 | -50.0% |
| Myanmar | 5.3 | 5.8 | 2.3 | 0.6 | -51.6% |
| Thailand | 1.3 | 1.3 | 1.0 | 0.3 | -38.7% |
| Others | 7.4 | 4.4 | 5.0 | 3.9 | -19.2% |
| Total | 49.9 | 48.0 | 48.3 | 28.6 | -16.9% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Japan in 2022:
- Taiwan (Chinese) (545.6 tons)
- Russia (401.0 tons)
- Vietnam (328.6 tons)
- Romania (327.7 tons)
- China (187.1 tons)
- Poland (166.5 tons)
- Philippines (132.1 tons)
- Ukraine (130.8 tons)
- Myanmar (80.5 tons)
- Thailand (32.8 tons)
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Japan
In 2022, supplies from abroad of wadding; other articles thereof, of man-made fibreses decreased by -19% to 633 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports attained the peak of 781 tons, and then fell dramatically in the following year.
In value terms, imports of wadding; other articles thereof, of man-made fibreses reduced remarkably to $6.7M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +25.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $8.2M, and then contracted sharply in the following year.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 3.1 | 3.5 | 3.4 | 6.7% |
| South Korea | 0.7 | 1.0 | 1.7 | 1.3 | 22.9% |
| United States | 0.5 | 0.4 | 1.8 | 0.8 | 17.0% |
| Indonesia | 0.6 | 0.7 | 0.6 | 0.6 | 0.0% |
| Others | 0.8 | 0.3 | 0.6 | 0.6 | -9.1% |
| Total | 5.4 | 5.4 | 8.2 | 6.7 | 7.5% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Japan in 2022:
- China (437.4 tons)
- South Korea (71.6 tons)
- United States (52.5 tons)
- Indonesia (43.6 tons)
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