Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India - 2023
Contents:
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India (FOB) - 2023
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India (CIF) - 2023
- Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India
- Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India (FOB) - 2023
In October 2023, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $4,503 per ton, almost unchanged from the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 14% against the previous month. Over the period under review, the average export prices attained the peak figure at $5,044 per ton in August 2023; however, from September 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Australia ($16,918 per ton), while the average price for exports to Saudi Arabia ($2,064 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+17.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India (CIF) - 2023
In October 2023, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $5,520 per ton, rising by 14% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 59% against the previous month. Over the period under review, average import prices attained the maximum at $6,178 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Vietnam ($4,879 per ton), while the price for China stood at $4,461 per ton.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+0.8%).
Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India
After three years of growth, shipments abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -22% to 8.7K tons in 2022. The total export volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 26%.
In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses reduced sharply to $40M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. As a result, the exports reached the peak of $48M, and then fell significantly in the following year.
| Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.8 | 10.9 | 16.9 | 17.0 | 9.9% |
| United Kingdom | 6.2 | 7.5 | 9.1 | 6.5 | 1.6% |
| South Africa | 3.6 | 3.8 | 5.9 | 4.6 | 8.5% |
| Saudi Arabia | 0.4 | 1.2 | 0.6 | 1.3 | 48.1% |
| Denmark | 1.2 | 0.9 | 1.1 | 1.1 | -2.9% |
| Canada | 0.5 | 0.7 | 1.4 | 1.0 | 26.0% |
| Australia | 0.3 | 0.5 | 0.9 | 0.8 | 38.7% |
| Netherlands | 0.3 | 0.7 | 0.3 | 0.8 | 38.7% |
| United Arab Emirates | 0.3 | 0.4 | 0.4 | 0.8 | 38.7% |
| Others | 7.7 | 8.0 | 11.6 | 6.5 | -5.5% |
| Total | 33.2 | 34.5 | 48.3 | 40.4 | 6.8% |
Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from India in 2022:
- United Kingdom (2620.4 tons)
- United States (2494.0 tons)
- South Africa (1116.8 tons)
- United Arab Emirates (443.7 tons)
- Saudi Arabia (337.9 tons)
- Australia (219.0 tons)
- Canada (199.3 tons)
- Denmark (149.0 tons)
- Netherlands (133.7 tons)
Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India
In 2022, approx. 2.5K tons of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses were imported into India; growing by 37% compared with the year before. Overall, imports, however, continue to indicate a pronounced slump.
In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses soared to $16M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 5.6 | 7.7 | 10.7 | 15.7% |
| South Korea | 1.0 | 0.4 | 0.8 | 1.2 | 6.3% |
| Others | 2.6 | 2.0 | 2.9 | 3.8 | 13.5% |
| Total | 10.5 | 8.1 | 11.4 | 15.7 | 14.4% |
Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to India in 2022:
- China (2314.4 tons)
- South Korea (48.0 tons)
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