Price for Fibres; Synthetic Filament Tow, of Polyesters in Japan - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Japan (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Japan (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Japan
  4. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Japan

Price for Fibres; Synthetic Filament Tow, of Polyesters in Japan (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polyesterses stood at $8,265 per ton in 2022, with a decrease of -4.3% against the previous year. Overall, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 8.3% against the previous year. Over the period under review, the average export prices reached the maximum at $10,949 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 Indonesia ($9,384 per ton), while the average price for exports to Democratic Republic of the Congo ($4,772 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 Tanzania (+0.7%), while the prices for the other major destinations experienced a decline.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Japan (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $5,820 per ton in 2022, growing by 5.3% against the previous year. Overall, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 57%. Over the period under review, average import prices hit record highs at $9,497 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 ($11,939 per ton), while the price for Malaysia stood at $5,504 per ton.

From 2012 to 2022, 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.

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Japan

In 2022, exports of fibres; synthetic filament tow, of polyesterses from Japan declined notably to 118 tons, reducing by -38.8% against the previous year. Over the period under review, exports saw a significant decline. The smallest decline of -9.2% was in 2020.

In value terms, exports of fibres; synthetic filament tow, of polyesterses declined rapidly to $979K in 2022. In general, exports faced a precipitous curtailment. The smallest decline of -2.8% was in 2020.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,2361,338691614-42.5%
Tanzania40.1N/A5.189.530.7%
Bangladesh8061,29528978.3-54.0%
Kenya85.8N/A21.850.5-16.2%
Indonesia1,2422,79743631.5-70.6%
Senegal20.010.410.314.8-9.5%
Vietnam42.9N/A11.610.8-36.9%
Democratic Republic of the CongoN/AN/AN/A9.50%
Others31418620780.0-36.6%
Total5,7875,6261,672979-44.7%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Japan in 2022:

  1. China (70.1 tons)
  2. Tanzania (14.8 tons)
  3. Kenya (9.8 tons)
  4. Bangladesh (9.7 tons)
  5. Indonesia (3.4 tons)
  6. Senegal (3.0 tons)
  7. Democratic Republic of the Congo (2.0 tons)
  8. Vietnam (1.9 tons)

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Japan

For the third consecutive year, Japan recorded decline in purchases abroad of fibres; synthetic filament tow, of polyesterses, which decreased by -61.3% to 54 tons in 2022. Over the period under review, imports faced a dramatic setback. The smallest decline of -36.6% was in 2020.

In value terms, imports of fibres; synthetic filament tow, of polyesterses declined rapidly to $316K in 2022. In general, imports faced a precipitous shrinkage. The smallest decline of -42.9% was in 2020.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia5.32.80.70.3-61.6%
Thailand1.51.2N/AN/A-20.0%
Vietnam0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.04.00.80.3-65.0%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Japan in 2022:

  1. Malaysia (51.6 tons)
  2. Vietnam (2.7 tons)

Source: IndexBox Market Intelligence Platform

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