Report On Japanese Denim Fabric Export – 2017 To 2019

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In our last report on Japan, we’ve analysed the import of Jeans in Japan duing 2017 –19 where we learnt that Japan imported approx 175-180 million jeans  in a year on an average. Japan is also a premium exporter of denim fabrics as with only some of its famous denim mills it is able to churn out and export some high end fabrics. In this report, we’ve analysed the export of Denim Fabric for the same period.

Contents

Table and Graphs showing Fabric Exported and Average Price for the year 2017
Table and Graphs showing Fabric Exported and Average Price for the year 2018
Table and Graphs showing Fabric Exported and Average Price for the year 2019
Table and Graphs showing Fabric Exported during 2017-19 along with projection.
Table and Graphs showing Average Price of Fabric Exported during 2017-19

 

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Export Of Denim Fabric – 2017

In the year 2017, approx. 20 million sq meter of denim fabrics exported from Japan at an average price of $5.24 per sq mtr. China and the USA are the two prime export destination during that year and accounted for over 50% share in the total export. The USA imported half of what China imported during 2017. So far as the average price was concerned, China bought the Japanese fabric at an average price of $4.22 and The USA at $6.14 . Bangladesh, Vietnam and Mexico also imported a good volume of Japanese denim fabric and accounted for 9.59% , 9.56% and 8.86% share in the total export. Tunisia bought the denim at the most expensive average price of $8.66 and China at the cheapest average price of $4.22.

Country

Exported Fabric ( Sq Meter)

Price – USD/Sq. Meter

% Share

China

6,952,462

4.22

34.29%

USA

3,486,341

6.14

17.20%

Bangladesh

1,945,245

5.86

9.59%

Vietnam

1,938,054

5.26

9.56%

Mexico

1,797,136

4.94

8.86%

Italy

887,480

7.82

4.38%

Hong Kong

867,938

6.06

4.28%

Germany

248,833

5.90

1.23%

Turkey

190,266

8.08

0.94%

Tunisia

41,338

8.66

0.20%

Others

1,918,484

5.01

9.46%

Total

20,273,577

5.24

100%

Report On Japanese Fabric Export - 2017 To 2019

Report On Japanese Fabric Export–2017 To 2019

Export Of Fabric – 2018

In the year 2018, the export of denim fabric witnessed a fall of apporx. 14% from 2017 and dropped upto 17.47 million sq. meter of denim fabrics. China led the charts in the year 2018 also with 30.8% share in total export however its share also fell by 4% . US slipped to #3 and Vietnam captured the position of #2 with 19.6% share. Bangladesh increased its share upto 11.5% from 9.59% within a year and the USA lost by approx. 3% within the same time period. Vietnam bought the fabric at an average price of $2.84 which is also least amongst all and Italy bought at the most expensive average price of $8.53.

Country

Exported Fabric ( Sq Meter)

Price – USD/Sq. Meter

% Share

China

5,380,684

4.39

30.8%

Vietnam

3,418,549

2.84

19.6%

USA

2,539,824

6.21

14.5%

Bangladesh

2,005,542

5.61

11.5%

Italy

934,605

8.53

5.3%

Mexico

933,887

4.55

5.3%

Hong Kong

671,221

6.86

3.8%

Turkey

323,248

7.31

1.9%

GERMANY

254,441

6.49

1.5%

TUNISIA

109,017

8.03

0.6%

Others

899,941

14.62

5.2%

Total

17,470,959

5.46

100%

Report On Japanese Fabric Export - 2017 To 2019

Report On Japanese Fabric Export - 2017 To 2019

Export Of Fabric – 2019 ( August)

First 9 months of export figures have surprised us on many counts.

  1. China witnessed an upward move in the import and captured 35.38% share in the total export with 4.55 million sq meter of denim fabrics.
  2. The USA slipped to #4 , it was at #3 in 2018. The share dropped to 9.72% only , it was 17.20% in 2017 . The share of the USA fell by 50% within 21 months.
  3. Bangladesh is at #2 with 17.15% share , Vietnam slipped to #3 and also lost approx 5% of its share from 2018.
  4. 9 months trend shows that, by the end of this year, export of fabric may reach upto 17 million sq meter , still lesser than the last year export.

The projection and summarised table for all three years could be founded later in the report.

Country

Exported Fabric ( Sq Meter)

Price – USD/Sq. Meter

% Share

China

4,556,736

4.61

35.38%

Bangladesh

2,209,370

4.65

17.15%

Vietnam

1,849,827

5.18

14.36%

USA

1,252,641

6.09

9.72%

MEXICO

735,628

5.28

5.71%

Italy

579,364

8.23

4.50%

Hong Kong

554,280

6.04

4.30%

Turkey

257,872

7.14

2.00%

TUNISIA

150,914

5.70

1.17%

GERMANY

147,696

5.57

1.15%

Others

586,546

5.51

4.55%

Total

12,880,874

5.21

100%

 

Report On Japanese Fabric Export - 2017 To 2019

Report On Japanese Fabric Export - 2017 To 2019

Summary and Projection

Country

2017

2018

2019 (upto Aug)

Projected 2019

China

6,952,462

5,380,684

4,556,736

6,075,648

USA

3,486,341

2,539,824

1,252,641

1,670,188

Bangladesh

1,945,245

2,005,542

2,209,370

2,945,827

Vietnam

1,938,054

3,418,549

1,849,827

2,466,436

MEXICO

1,797,136

933,887

735,628

980,837

Italy

887,480

934,605

579,364

772,485

Hong Kong

867,938

671,221

554,280

739,040

GERMANY

248,833

254,441

147,696

196,928

Turkey

190,266

323,248

257,872

343,829

TUNISIA

41,338

109,017

150,914

201,219

Others

1,918,484

899,941

586,546

782,061

Total

20,275,594

17,472,977

12,880,874

17,174,499

 

Report On Japanese Fabric Export - 2017 To 2019

PRICE TRENDS (USD/SQ.MTR)

Country

2017

2018

2019

China

4.22

4.39

4.61

USA

6.14

6.22

6.09

Bangladesh

5.86

5.61

4.65

Vietnam

5.26

2.849

5.18

MEXICO

4.94

4.51

5.28

Italy

7.82

8.53

8.23

Hong Kong

6.06

6.86

6.04

GERMANY

5.90

6.49

5.57

Turkey

8.08

7.31

7.14

TUNISIA

8.66

8.03

5.70

Others

5.01

14.63

5.51

Others

5.01

14.63

5.51


Report On Japanese Fabric Export - 2017 To 2019

Thus the overall volumes of exports from Japan have gone down and also to some extent the prices. This reflects the difficult situation of the market globally which is also affecting Japan. Their productions are not huge in Japan and shifting their productions overseas as far as possible . Nisshinbo and Kurabo shifted their productions long back and even Kaihara makes more in China than in Japan. Other companies like Kuroki etc have also reduced productions.

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DENIMSANDJEANS JAPAN – #designedinnovation

Established in 1991, Kassim is one of the finest denim manufactures from Pakistan and has been catering all the leading denim brands worldwide. Kassim also claims to make the world’s heaviest selvedge denim – 37OZ as a tribute to the legendary boxer great Muhammad Ali. Join Kassim and team on March 4-5 at the 1st edition of Denimsandjeans Japan Show – hashtag#designedinnovation to see their interesting collection. For invitation, register at https://lnkd.in/fGtBBXA

Kassim Booth No 27

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