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Japan - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Japan - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Oct 12, 2023

Woolen Fabric Exports From Japan Plummet to $16M in July 2023

Japan Woolen Fabric Exports

After five months of growth, shipments abroad of woven woolen fabrics decreased by -9.2% to 690K square meters in July 2023. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when exports increased by 64% against the previous month. Over the period under review, the exports reached the peak figure at 760K square meters in June 2023, and then dropped in the following month.

In value terms, woolen fabric exports shrank slightly to $16M (IndexBox estimates) in July 2023. Over the period under review, exports showed a slight downturn. The pace of growth was the most pronounced in February 2023 when exports increased by 78% against the previous month. Over the period under review, the exports reached the maximum at 18M square meters in July 2022; however, from August 2022 to July 2023, the exports remained at a lower figure. Japan Woolen Fabric Exports By Country (Million USD)

COUNTRYExport Value of Woolen Fabric in Japan (million USD)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
China11.58.25.33.82.33.01.52.33.24.56.19.48.8
Vietnam2.83.32.21.31.21.40.91.21.21.62.02.73.5
Indonesia0.70.50.70.70.70.70.20.60.80.50.80.50.5
Saudi ArabiaN/A< 0.1N/A0.30.4< 0.1N/A0.20.5N/A0.10.10.4
Cambodia0.2< 0.10.20.10.20.5< 0.10.10.70.91.30.70.4
Others2.31.71.71.51.41.00.81.72.33.32.32.61.8
Total17.513.910.27.76.26.73.56.18.710.812.616.115.5

Exports by Country

China (302K square meters), Vietnam (189K square meters) and Indonesia (49K square meters) were the main destinations of woolen fabric exports from Japan, with a combined 78% share of total exports. These countries were followed by Saudi Arabia and Cambodia, which together accounted for a further 7.8%.

From July 2022 to July 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +19.4%), while the other leaders experienced more modest paces of growth.

In value terms, China ($8.8M) remains the key foreign market for woolen fabric exports from Japan, comprising 57% of total exports. The second position in the ranking was taken by Vietnam ($3.5M), with a 22% share of total exports. It was followed by Indonesia, with a 3.3% share.

From July 2022 to July 2023, the average monthly growth rate of value to China totaled -2.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (+1.7% per month) and Indonesia (-2.6% per month).

Exports by Type

Woven fabrics of combed wool or of combed fine animal hair (690K square meters) was the largest type of woolen fabric exported from Japan, with a approximately 100% share of total exports.

From July 2022 to July 2023, the average monthly rate of growth in terms of the volume of export of woven fabrics of combed wool or of combed fine animal hair was relatively modest.

In value terms, the most traded types of woven woolen fabrics in Japan were woven fabrics of carded wool or of carded fine animal hair ($8M) and woven fabrics of combed wool or of combed fine animal hair ($7.5M).

In terms of the main product categories, woven fabrics of combed wool or of combed fine animal hair, with a CAGR of +0.4%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In July 2023, the woolen fabric price stood at $22.5 per square meter (FOB, Japan), picking up by 6.3% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 17% against the previous month. Over the period under review, the average export prices reached the maximum at $24.6 per square meter in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was China ($29.2 per square meter), while the average price for exports to Hong Kong ($4.2 per square meter) 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 Vietnam (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woolen fabric market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13201230 - Woven fabrics of carded wool or carded fine animal hair
  • Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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