Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India (FOB) - 2024
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $8,845 per ton in 2022, shrinking by -11.7% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the maximum at $10,020 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($42,509 per ton), while the price for China ($5,261 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India (FOB) - 2024
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $5,975 per ton in March 2024, standing approximately at the previous month. Overall, the export price, however, saw a slight contraction. The pace of growth was the most pronounced in August 2023 an increase of 886% m-o-m. As a result, the export price attained the peak level of $22,806 per ton. From September 2023 to March 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Nepal ($13,591 per ton), while the average price for exports to Indonesia amounted to $5,921 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+41.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India
In 2022, supplies from abroad of wadding; other articles thereof, other than of cotton or man-made fibreses increased by 9.1% to 201 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt contraction.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses fell modestly to $1.8M in 2022. In general, imports, however, showed a abrupt descent.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 299 | 267 | 452 | 487 | 17.7% |
| China | 313 | 488 | 722 | 432 | 11.3% |
| Taiwan (Chinese) | 452 | 194 | 270 | 289 | -13.9% |
| Bangladesh | 30.7 | 15.0 | 18.7 | 212 | 90.4% |
| Vietnam | 315 | 92.6 | 128 | 110 | -29.6% |
| Italy | 6.5 | 4.1 | 9.3 | 48.2 | 95.0% |
| Hong Kong SAR | 540 | 866 | 89.8 | 44.1 | -56.6% |
| United Arab Emirates | 3.7 | 5.1 | 15.5 | 1.1 | -33.3% |
| Others | 213 | 143 | 139 | 153 | -10.4% |
| Total | 2,173 | 2,074 | 1,844 | 1,776 | -6.5% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to India in 2022:
- China (82.0 tons)
- Bangladesh (37.9 tons)
- Taiwan (Chinese) (32.4 tons)
- Vietnam (18.3 tons)
- Indonesia (15.2 tons)
- Italy (3.6 tons)
- Hong Kong SAR (3.1 tons)
- United Arab Emirates (0.6 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India
In 2022, overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -17.2% to 135 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,253% against the previous year. As a result, the exports reached the peak of 191 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank markedly to $878K in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,392% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | N/A | 408 | 0% |
| United States | N/A | 801 | 891 | 233 | -46.1% |
| China | 0.7 | 279 | 57.2 | 99.7 | 422.2% |
| United Arab Emirates | 2.7 | 14.1 | 49.1 | 51.1 | 166.5% |
| Nepal | 9.0 | 19.7 | 20.4 | 21.1 | 32.8% |
| Greece | N/A | N/A | N/A | 10.2 | 0% |
| Mauritius | 0.1 | N/A | N/A | 8.5 | 339.7% |
| Others | 33.0 | 17.9 | 40.4 | 46.5 | 12.1% |
| Total | 45.5 | 1,133 | 1,058 | 878 | 168.2% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from India in 2022:
- Mexico (52.5 tons)
- United States (28.7 tons)
- China (21.2 tons)
- Nepal (12.6 tons)
- United Arab Emirates (7.4 tons)
- Greece (4.5 tons)
- Mauritius (4.2 tons)
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