India - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia: Woolen Fabric Market 2024
Woolen Fabric Market Size in India
In 2023, the Indian woolen fabric market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Woolen fabric consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.
Woolen Fabric Production in India
In value terms, woolen fabric production reduced modestly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2022 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Woolen Fabric Exports
Exports from India
In 2023, overseas shipments of woven woolen fabrics decreased by X% to X square meters for the first time since 2020, thus ending a two-year rising trend. Overall, exports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X square meters in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
In value terms, woolen fabric exports declined remarkably to $X in 2023. Over the period under review, exports recorded a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Ethiopia (X square meters), Indonesia (X square meters) and Vietnam (X square meters) were the main destinations of woolen fabric exports from India, together accounting for X% of total exports. Bangladesh, Myanmar, Kuwait, China, the UK, the United Arab Emirates, Cambodia, Hong Kong SAR, Djibouti and the United States lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Djibouti (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($X), Ethiopia ($X) and Vietnam ($X) appeared to be the largest markets for woolen fabric exported from India worldwide, together comprising X% of total exports. Bangladesh, the UK, Myanmar, China, Kuwait, the United Arab Emirates, the United States, Cambodia, Hong Kong SAR and Djibouti lagged somewhat behind, together accounting for a further X%.
Among the main countries of destination, Djibouti, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average woolen fabric export price stood at $X per square meter in 2023, approximately equating the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per square meter in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Djibouti ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Fabric Imports
Imports into India
In 2023, the amount of woven woolen fabrics imported into India surged to X square meters, growing by X% compared with 2022 figures. Overall, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in years to come.
In value terms, woolen fabric imports rose modestly to $X in 2023. In general, imports enjoyed a noticeable expansion. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.
Imports by Country
In 2023, China (X square meters) constituted the largest supplier of woolen fabric to India, accounting for a X% share of total imports. Moreover, woolen fabric imports from China exceeded the figures recorded by the second-largest supplier, Italy (X square meters), twofold. The third position in this ranking was held by the Netherlands (X square meters), with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).
In value terms, China ($X), Italy ($X) and the Netherlands ($X) constituted the largest woolen fabric suppliers to India, with a combined X% share of total imports.
Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average woolen fabric import price amounted to $X per square meter, which is down by X% against the previous year. Overall, the import price showed a pronounced downturn. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2016 to 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per square meter), while the price for Romania ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the woolen fabric market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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