Price for Tents of Synthetic Fibres in Japan - 2023

Contents:

1. Price for Tents of Synthetic Fibres in Japan (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Japan (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Japan
4. Exports of Tents of Synthetic Fibres in Japan

Price for Tents of Synthetic Fibres in Japan (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $11,637 per ton, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($16,621 per ton), while the price for Cambodia ($9,034 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Japan (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $21,989 per ton, waning by -31.4% against the previous year. Over the period under review, the export price, however, continues to indicate perceptible growth. The growth pace was the most rapid in 2020 an increase of 101% against the previous year. Over the period under review, the average export prices reached the maximum at $39,068 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($63,243 per ton), while the average price for exports to Lao People's Democratic Republic ($5,229 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 Papua New Guinea (+84.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Japan

In 2022, the amount of tents of synthetic fibreses imported into Japan surged to 19K tons, growing by 18% compared with 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tents of synthetic fibres imports soared to $226M in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Tents of Synthetic Fibres to Japan in 2022:

1. China (15.9K tons)
2. Vietnam (2.0K tons)
3. Bangladesh (0.9K tons)
4. Cambodia (0.4K tons)

Exports of Tents of Synthetic Fibres in Japan

In 2022, shipments abroad of tents of synthetic fibreses increased by 274% to 173 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tents of synthetic fibres exports skyrocketed to $3.8M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tents of Synthetic Fibres from Japan in 2022:

1. Lao People's Democratic Republic (78.0 tons)
2. Taiwan (Chinese) (50.0 tons)
3. China (20.7 tons)
4. Thailand (8.0 tons)
5. Hong Kong SAR (7.7 tons)
6. Cambodia (3.3 tons)
7. Malaysia (2.7 tons)

Source: IndexBox Market Intelligence Platform