Japan: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Japan

The Japanese high-tenacity filament nylon yarn market shrank modestly to $X in 2022, with a decrease of -4.8% against the previous year. In general, consumption recorded a perceptible decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Japan

In value terms, high-tenacity filament nylon yarn production declined to $X in 2022 estimated in export price. Overall, production showed a pronounced slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 27% against the previous year. High-tenacity filament nylon yarn production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Japan

In 2022, overseas shipments of high-tenacity filament yarn of nylon or other polyamides increased by 14% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn exports surged to $X in 2022. Overall, exports, however, showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Thailand (X tons) and the Philippines (X tons) were the main destinations of high-tenacity filament nylon yarn exports from Japan, together comprising 83% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +23.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for high-tenacity filament nylon yarn exported from Japan were Thailand ($X), China ($X) and the Philippines ($X), with a combined 83% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +19.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 an increase of 7% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($X per ton) and Vietnam ($X per ton), while the average price for exports to China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Japan

In 2022, approx. X tons of high-tenacity filament yarn of nylon or other polyamides were imported into Japan; shrinking by -20.2% compared with the previous year's figure. In general, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by 249% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn imports shrank to $X in 2022. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 231% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and Thailand (X tons) were the main suppliers of high-tenacity filament nylon yarn imports to Japan, with a combined 92% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +50.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Thailand ($X) constituted the largest high-tenacity filament nylon yarn suppliers to Japan, with a combined 92% share of total imports.

Taiwan (Chinese), with a CAGR of +50.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, with an increase of 10% against the previous year. In general, the import price recorded slight growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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