Japan: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in Japan

In 2022, the Japanese primary fiber crops market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a mild setback. Primary fiber crops consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Primary Fiber Crops Production in Japan

In value terms, primary fiber crops production skyrocketed to $X in 2022 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Primary Fiber Crops Exports

Exports from Japan

After five years of growth, shipments abroad of fiber crops (primary) decreased by X% to X tons in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, primary fiber crops exports contracted sharply to $X in 2022. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Indonesia (X tons) was the main destination for primary fiber crops exports from Japan, accounting for a X% share of total exports. Moreover, primary fiber crops exports to Indonesia exceeded the volume sent to the second major destination, China (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Indonesia amounted to X%.

In value terms, Indonesia ($X) emerged as the key foreign market for fiber crops (primary) exports from Japan, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia amounted to X%.

Export Prices by Country

In 2022, the average primary fiber crops export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Indonesia amounted to $X per ton.

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

Primary Fiber Crops Imports

Imports into Japan

In 2022, supplies from abroad of fiber crops (primary) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a noticeable decrease. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, primary fiber crops imports soared to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest primary fiber crops supplier to Japan, with a X% share of total imports. Moreover, primary fiber crops imports from the United States exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. The third position in this ranking was taken by Greece (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Greece (X% per year).

In value terms, the United States ($X) constituted the largest supplier of fiber crops (primary) to Japan, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with an X% share of total imports. It was followed by Greece, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Greece (X% per year).

Import Prices by Country

The average primary fiber crops import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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