Price for Braids; in the Piece in Japan - 2023
Contents:
- Price for Braids; in the Piece in Japan (CIF) - 2023
- Price for Braids; in the Piece in Japan (FOB) - 2023
- Imports of Braids; in the Piece in Japan
- Exports of Braids; in the Piece in Japan
Price for Braids; in the Piece in Japan (CIF) - 2023
In July 2023, the average braids; in the piece import price amounted to $11,535 per ton, jumping by 20% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in September 2022 when the average import price increased by 34% m-o-m. Over the period under review, average import prices attained the maximum in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($62,266 per ton), while the price for the Philippines ($7,673 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Braids; in the Piece in Japan (FOB) - 2023
The average braids; in the piece export price stood at $26,699 per ton in July 2023, dropping by -10.3% against the previous month. Over the period under review, the export price recorded a perceptible contraction. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 79% month-to-month. The export price peaked at $57,071 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($116K per ton), while the average price for exports to Saudi Arabia ($15,416 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Braids; in the Piece in Japan
For the fourth consecutive year, Japan recorded growth in overseas purchases of braids; in the pieces, which increased by 4.4% to 608 tons in 2022. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, braids; in the piece imports declined dramatically to $5.4M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of $6.4M, and then reduced dramatically in the following year.
| Import of Braids; in the Piece in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 1.7 | 2.5 | 2.2 | 9.0% |
| Philippines | 0.7 | 1.5 | 1.5 | 1.1 | 16.3% |
| Vietnam | 1.0 | 1.0 | 0.9 | 1.0 | 0.0% |
| France | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Others | 1.1 | 1.0 | 1.2 | 0.9 | -6.5% |
| Total | 4.8 | 5.5 | 6.4 | 5.4 | 4.0% |
Top Suppliers of Braids; in the Piece to Japan in 2022:
- China (299.5 tons)
- Philippines (144.0 tons)
- Vietnam (135.4 tons)
- France (6.8 tons)
Exports of Braids; in the Piece in Japan
In 2022, overseas shipments of braids; in the pieces were finally on the rise to reach 141 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt descent.
In value terms, braids; in the piece exports dropped to $5.5M in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.
| Export of Braids; in the Piece in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,598 | 1,502 | 2,197 | 2,175 | 10.8% |
| Vietnam | 892 | 554 | 712 | 671 | -9.1% |
| Saudi Arabia | 1,158 | 565 | 385 | 484 | -25.2% |
| Germany | 419 | 250 | 385 | 343 | -6.5% |
| Indonesia | 65.1 | 127 | 175 | 247 | 56.0% |
| Philippines | 241 | 296 | 275 | 230 | -1.5% |
| Lao People's Democratic Republic | 283 | 258 | 235 | 184 | -13.4% |
| Myanmar | 296 | 185 | 167 | 171 | -16.7% |
| United Arab Emirates | 119 | 82.9 | 58.7 | 70.1 | -16.2% |
| Others | 1,532 | 770 | 914 | 917 | -15.7% |
| Total | 6,602 | 4,591 | 5,506 | 5,491 | -6.0% |
Top Export Markets for Braids; in the Piece from Japan in 2022:
- Saudi Arabia (34.0 tons)
- China (32.9 tons)
- Philippines (18.6 tons)
- Vietnam (16.4 tons)
- Indonesia (6.9 tons)
- Myanmar (6.7 tons)
- Germany (5.2 tons)
- Lao People's Democratic Republic (5.0 tons)
- United Arab Emirates (4.7 tons)
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