Japan: Non-Cotton Terry Towelling Market 2025

Non-Cotton Terry Towelling Market Size in Japan

In 2021, after two years of growth, there was significant decline in the Japanese non-cotton terry towelling market, when its value decreased by -59.8% to $X. In general, consumption saw a noticeable contraction. As a result, consumption attained the peak level of $X, and then plummeted in the following year.

Non-Cotton Terry Towelling Production in Japan

In value terms, non-cotton terry towelling production fell markedly to $X in 2021 estimated in export price. In general, production recorded a deep reduction. The growth pace was the most rapid in 2018 when the production volume increased by 151% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Non-Cotton Terry Towelling Exports

Exports from Japan

In 2021, approx. X square meters of terry towelling (excluding of cotton) were exported from Japan; with a decrease of -8% on 2020. Over the period under review, exports, however, posted buoyant growth. The growth pace was the most rapid in 2018 with an increase of 305%. As a result, the exports attained the peak of X square meters. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-cotton terry towelling exports contracted to $X in 2021. Overall, exports recorded a pronounced decrease. The growth pace was the most rapid in 2018 with an increase of 190%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X square meters), China (X square meters) and Indonesia (X square meters) were the main destinations of non-cotton terry towelling exports from Japan, together comprising 68% of total exports. These countries were followed by Canada, Taiwan (Chinese), South Korea, Turkey and Singapore, which together accounted for a further 9%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +80.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cotton terry towelling exported from Japan were China ($X), Indonesia ($X) and South Korea ($X), with a combined 58% share of total exports. These countries were followed by Australia, Taiwan (Chinese), Canada, Turkey and Singapore, which together accounted for a further 17%.

In terms of the main countries of destination, Canada, with a CAGR of +120.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-cotton terry towelling export price amounted to $X per square meter, dropping by -2.3% against the previous year. In general, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2019 an increase of 200%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per square meter), while the average price for exports to Singapore ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+21.9%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Cotton Terry Towelling Imports

Imports into Japan

Non-cotton terry towelling imports into Japan expanded significantly to X square meters in 2021, with an increase of 7.8% against 2020 figures. Overall, imports saw a strong increase. The growth pace was the most rapid in 2015 when imports increased by 1,068% against the previous year. Imports peaked at X square meters in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, non-cotton terry towelling imports surged to $X in 2021. Over the period under review, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2015 when imports increased by 736% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X square meters) was the main non-cotton terry towelling supplier to Japan, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +43.3%.

In value terms, China ($X) constituted the largest supplier of terry towelling (excluding of cotton) to Japan.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +38.2%.

Import Prices by Country

In 2021, the average non-cotton terry towelling import price amounted to $X per square meter, with an increase of 18% against the previous year. In general, the import price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 68% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2017 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.6% per year.

Source: IndexBox Platform

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