India - Embroidery (Without Visible Ground) In The Piece - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEmbroidery Export From India Sees a 16% Surge, Reaching $45 Million in 2023
India Embroidery Exports
After three years of decline, shipments abroad of embroidery (without visible ground) in the piece increased by 70% to 1.6K tons in 2023. Overall, exports posted measured growth. The exports peaked at 2.7K tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
In value terms, embroidery exports surged to $45M (IndexBox estimates) in 2023. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 48%. As a result, the exports attained the peak of $83M. From 2020 to 2023, the growth of the exports failed to regain momentum.
| COUNTRY | Export Value of Embroidery in India (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Nigeria | 12.5 | 25.2 | 14.3 | 11.4 | 12.2 | 8.4 | 12.9 | 23.3 | 15.0 | 6.2 | 11.0 |
| Italy | 1.2 | 1.2 | 2.7 | 15.2 | 22.5 | 19.1 | 10.8 | 8.4 | 10.2 | 13.2 | 10.0 |
| United Arab Emirates | 13.6 | 12.8 | 6.8 | 6.5 | 8.4 | 8.1 | 21.6 | 17.9 | 8.7 | 5.6 | 7.9 |
| Afghanistan | 0.3 | 0.3 | 1.5 | 0.1 | 0.5 | 0.3 | 4.9 | 2.5 | 7.1 | 0.2 | 2.4 |
| Togo | N/A | N/A | 1.9 | 2.5 | 1.5 | 0.8 | 7.1 | 7.5 | 1.3 | 1.0 | 2.4 |
| Senegal | 1.4 | 1.5 | 0.1 | 2.5 | 0.1 | 0.5 | 3.0 | 4.2 | 1.3 | 0.9 | 1.6 |
| France | 0.4 | 0.3 | 0.5 | 1.2 | 2.3 | 3.0 | 3.2 | 1.4 | 1.7 | 1.4 | 1.1 |
| Turkey | 1.8 | 2.7 | 1.8 | 2.5 | 2.5 | 2.1 | 1.6 | 1.2 | 0.5 | 0.6 | 0.6 |
| Others | 13.8 | 18.2 | 16.3 | 16.5 | 14.9 | 13.6 | 17.9 | 10.4 | 10.2 | 9.5 | 8.1 |
| Total | 45.0 | 62.3 | 45.8 | 58.3 | 64.9 | 55.9 | 82.9 | 76.7 | 56.1 | 38.7 | 45.0 |
Exports by Country
the United Arab Emirates (493 tons), Nigeria (482 tons) and Afghanistan (111 tons) were the main destinations of embroidery exports from India, together comprising 67% of total exports. Togo, Senegal, Italy, Turkey and France lagged somewhat behind, together comprising a further 15%.
From 2013 to 2023, the biggest increases were recorded for Togo (with a CAGR of +113.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Nigeria ($11M), Italy ($10M) and the United Arab Emirates ($7.9M) constituted the largest markets for embroidery exported from India worldwide, together accounting for 64% of total exports. Togo, Afghanistan, Senegal, France and Turkey lagged somewhat behind, together comprising a further 18%.
Togo, with a CAGR of +111.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the embroidery price stood at $27,718 per ton (FOB, India), declining by -31.6% against the previous year. In general, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2022 an increase of 49%. The export price peaked at $44,167 per ton in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Turkey ($39,910 per ton), while the average price for exports to Algeria ($6,803 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+4.8%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the embroidery market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13991230 - Embroidery (without visible ground) in the piece, in strips or in motifs
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
