Japan: Market for Nets of Twine, Cordage, Rope or Textile Materials 2025

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Japan

The Japanese market for nets of twine, cordage, rope or textile materials expanded modestly to $X in 2022, surging by 3% against the previous year. Over the period under review, consumption posted a remarkable increase. Twine, cordage or textile net consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Japan

In value terms, twine, cordage or textile net production rose slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 45%. Twine, cordage or textile net production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports by Country

Vietnam (X tons) was the main destination for twine, cordage or textile net exports from Japan, with a 87% share of total exports. Moreover, twine, cordage or textile net exports to Vietnam exceeded the volume sent to the second major destination, the Philippines (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Vietnam amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-1.2% per year) and South Korea (-1.3% per year).

In value terms, Vietnam ($X) remains the key foreign market for nets of twine, cordage, rope or textile materials exports from Japan, comprising 48% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 6.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-1.4% per year) and South Korea (-3.3% per year).

Export Prices by Country

The average export price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, declining by -14.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 13%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Vietnam ($X 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 the Philippines (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Japan

In 2022, after two years of decline, there was significant growth in purchases abroad of nets of twine, cordage, rope or textile materials, when their volume increased by 9.3% to X tons. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, twine, cordage or textile net imports amounted to $X in 2022. Over the period under review, imports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of 7.9% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest twine, cordage or textile net supplier to Japan, accounting for a 71% share of total imports. Moreover, twine, cordage or textile net imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Vietnam amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.2% per year) and Thailand (+5.2% per year).

In value terms, Vietnam ($X), China ($X) and Thailand ($X) were the largest twine, cordage or textile net suppliers to Japan, together accounting for 93% of total imports.

Among the main suppliers, Thailand, with a CAGR of +6.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, which is down by -8% against the previous year. Over the period under review, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2016 an increase of 2.2% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Thailand ($X per ton), while the price for Vietnam ($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 (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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