Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India - 2023

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India (CIF) - 2023
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India (CIF) - 2023

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $1.1 per square meter in November 2023, surging by 18% against the previous month. In general, the import price, however, saw a pronounced setback. The growth pace was the most rapid in July 2023 an increase of 30% month-to-month. The import price peaked at $1.5 per square meter in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($3.5 per square meter), while the price for China totaled $779 per thousand square meters.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (-0.1%).

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1.4 per square meter, rising by 12% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18%. The export price peaked at $1.9 per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3.4 per square meter), while the average price for exports to South Africa ($1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India

In 2022, imports of textile fabrics, rubberised; other than those of heading no. 5902s into India surged to 43M square meters, growing by 36% on the previous year's figure. Over the period under review, imports saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s rose notably to $48M in 2022. In general, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 66%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to India in 2022:

1. China (36.0M square meters)
2. Germany (2.6M square meters)
3. United States (0.9M square meters)
4. Taiwan (Chinese) (0.7M square meters)
5. Belgium (0.6M square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in India

In 2022, exports of textile fabrics, rubberised; other than those of heading no. 5902s from India rose modestly to 9.7M square meters, surging by 2.1% against the previous year. The total export volume increased at an average annual rate of +9.3% over the period 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 2021 with an increase of 17% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s rose rapidly to $14M in 2022. The total export value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from India in 2022:

1. United States (3188.9K square meters)
2. Brazil (1075.0K square meters)
3. South Africa (935.2K square meters)
4. United Arab Emirates (814.9K square meters)
5. Italy (604.9K square meters)
6. Indonesia (595.4K square meters)
7. Spain (282.4K square meters)
8. United Kingdom (209.3K square meters)
9. Bangladesh (204.9K square meters)
10. Philippines (163.2K square meters)
11. Germany (160.2K square meters)
12. Sri Lanka (159.2K square meters)
13. Nepal (149.9K square meters)

Source: IndexBox Market Intelligence Platform