Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in India - 2022

Contents:

1. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in India (CIF) - 2022
2. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in India (FOB) - 2022
3. Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in India
4. Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in India

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in India (CIF) - 2022

The average import price for woven fabrics of coarse animal hair or of horsehair stood at $11,923 per ton in 2022, which is down by -2.8% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 67%. The import price peaked at $22,906 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($12,704 per ton) and the Netherlands ($12,341 per ton), while the price for Hong Kong SAR ($10,058 per ton) and China ($12,282 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the prices for the other major suppliers experienced a decline.

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in India (FOB) - 2022

In 2022, the average export price for woven fabrics of coarse animal hair or of horsehair amounted to $36,244 per ton, picking up by 34% against the previous year. In general, the export price recorded notable growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Malaysia ($75,753 per ton), while the average price for exports to the UK ($14,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in India

In 2022, approx. 8.1 tons of woven fabrics of coarse animal hair or of horsehair were imported into India; picking up by 11% against the year before. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,360% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair rose sharply to $97K in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,322% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to India in 2022:

1. Netherlands (3.8 tons)
2. China (2.8 tons)
3. Hong Kong SAR (1.4 tons)

Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in India

In 2022, shipments abroad of woven fabrics of coarse animal hair or of horsehair decreased by -55.1% to 509 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 222% against the previous year. As a result, the exports reached the peak of 1.8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair fell sharply to $18K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 330%. As a result, the exports attained the peak of $36K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Woven Fabrics of Coarse Animal Hair or of Horsehair from India in 2022:

1. Nepal (177.0 kg)
2. Italy (103.0 kg)
3. Malaysia (97.0 kg)
4. United Kingdom (73.0 kg)
5. Bhutan (42.0 kg)
6. Spain (14.0 kg)

Source: IndexBox Market Intelligence Platform