Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India - 2024
Contents:
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India (FOB) - 2022
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India (CIF) - 2022
- Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India
- Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India (FOB) - 2022
In 2022, the average export price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.5 per square meter, dropping by -3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 20%. Over the period under review, the average export prices reached the maximum at $0.5 per square meter in 2021, and then contracted in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Togo ($0.5 per square meter) and Nigeria ($0.5 per square meter), while the average price for exports to Afghanistan ($0.4 per square meter) and Malaysia ($0.5 per square meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India (CIF) - 2022
In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.4 per square meter, growing by 1.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $0.4 per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($0.4 per square meter) and China ($0.4 per square meter), while the price for Hungary ($0.4 per square meter) and Belgium ($0.4 per square meter) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India
For the third consecutive year, India recorded decline in shipments abroad of fabrics, woven; from strip or the like, of synthetic textile materialses, which decreased by -37.1% to 222M square meters in 2022. In general, exports continue to indicate a precipitous curtailment. The smallest decline of -24.2% was in 2021. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum at 908M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses dropped notably to $109M in 2022. Overall, exports recorded a significant decline. The smallest decline of -12.4% was in 2021. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses attained the peak figure at $332M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.8 | 43.4 | 71.4 | 40.5 | -1.0% |
| Afghanistan | 107 | 66.9 | 18.1 | 38.7 | -28.8% |
| Spain | 3.9 | 3.4 | 7.1 | 3.9 | 0.0% |
| United Kingdom | 6.3 | 5.4 | 7.1 | 3.0 | -21.9% |
| Netherlands | 3.0 | 3.0 | 4.7 | 2.6 | -4.7% |
| Portugal | 2.3 | 2.6 | 5.0 | 2.6 | 4.2% |
| Togo | 0.6 | 0.9 | 3.2 | 2.0 | 49.4% |
| United Arab Emirates | 37.2 | 23.8 | 13.7 | 0.4 | -77.9% |
| China | 8.6 | 5.1 | 0.2 | 0.1 | -77.3% |
| Pakistan | 36.3 | 9.6 | 2.0 | N/A | -76.5% |
| Iran | 17.7 | 3.1 | 11.0 | N/A | -21.2% |
| Others | 66.7 | 36.8 | 35.3 | 14.9 | -39.3% |
| Total | 332 | 204 | 179 | 109 | -31.0% |
Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from India in 2022:
- Afghanistan (89.3M square meters)
- United States (76.3M square meters)
- Spain (7.3M square meters)
- United Kingdom (5.6M square meters)
- Netherlands (5.0M square meters)
- Portugal (5.0M square meters)
- Togo (3.6M square meters)
- United Arab Emirates (0.7M square meters)
- Pakistan (0.1M square meters)
- China (0.1M square meters)
Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India
In 2022, the amount of fabrics, woven; from strip or the like, of synthetic textile materialses imported into India shrank markedly to 28M square meters, falling by -30.7% on the previous year's figure. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 137%. As a result, imports attained the peak of 40M square meters, and then dropped remarkably in the following year.
In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses contracted markedly to $10M in 2022. In general, imports, however, posted prominent growth. The growth pace was the most rapid in 2021 when imports increased by 174%. As a result, imports reached the peak of $14M, and then dropped significantly in the following year.
| Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 2.1 | 6.3 | 6.0 | 52.3% |
| Saudi Arabia | 1.4 | 1.2 | 2.3 | 1.7 | 6.7% |
| United States | 0.3 | 0.1 | 3.7 | 1.1 | 54.2% |
| Hong Kong SAR | 0.8 | 0.2 | 0.6 | 0.4 | -20.6% |
| Germany | 1.3 | 0.4 | 0.5 | 0.3 | -38.7% |
| Belgium | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| Hungary | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | 0.7 | 0.6 | 0.5 | 0.3 | -24.6% |
| Total | 6.6 | 5.2 | 14.4 | 10.1 | 15.2% |
Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to India in 2022:
- China (16.5M square meters)
- Saudi Arabia (4.5M square meters)
- United States (3.1M square meters)
- Hong Kong SAR (1.1M square meters)
- Germany (0.8M square meters)
- Belgium (0.8M square meters)
- Hungary (0.1M square meters)
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