Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan - 2024

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan (CIF) - 2024
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan
  4. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan (CIF) - 2024

The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $16,793 per ton in April 2024, picking up by 262% against the previous month. In general, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in January 2024 when the average import price increased by 472% against the previous month. The import price peaked at $104K per ton in February 2024; however, from March 2024 to April 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($127K per ton), while the price for New Zealand ($4,970 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 China (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $19,380 per ton, with an increase of 2.3% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2014 when the average export price increased by 244%. Over the period under review, the average export prices attained the peak figure at $34,924 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($39,268 per ton), while the average price for exports to South Korea ($16,331 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 Lao People's Democratic Republic (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan

In 2022, the amount of wadding; other articles thereof, other than of cotton or man-made fibreses imported into Japan reached 180 tons, with an increase of 6.9% against the year before. In general, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 8.4%.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses reached $1.5M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand911676803842-2.6%
China4822964425746.0%
Others27.233.449.860.430.5%
Total1,4211,0051,2951,4761.3%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Japan in 2022:

  1. New Zealand (164.1 tons)
  2. China (10.8 tons)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan

In 2022, exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Japan contracted sharply to 23 tons, dropping by -41.4% on 2021 figures. Over the period under review, exports faced a sharp setback. The smallest decline of -4.4% was in 2020.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced remarkably to $452K in 2022. In general, exports faced a sharp downturn. The smallest decline of -7.6% was in 2020.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A251456227-4.9%
China1,062738269108-53.3%
IndiaN/AN/A16.794.1463.5%
United States36.4N/AN/A13.0-29.1%
Hong Kong SAR75.980.4N/AN/A5.9%
Others15.830.313.410.0-14.1%
Total1,1901,100755452-27.6%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Japan in 2022:

  1. South Korea (13.9 tons)
  2. China (5.9 tons)
  3. India (2.4 tons)
  4. United States (0.6 tons)

Source: IndexBox Market Intelligence Platform

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