World - Jute & Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
Jute Market - India Ranks First Globally in Exports of Jute & Jute-Like Fiber despite 5% Drop in 2014
India dominates in the global trade of jute and jute-like fiber. In 2014, India exported 31 thousand tonnes of jute and jute-like fibers totaling 101 million USD, 5% under the previous year. Its primary trading partner on the global jute market was the U.S., where it supplied 20% of its total exports of jute and jute-like fiber in value terms, accounting for 44% of the U.S. total imports.
From 2007 to 2014, India was a net exporter of jute and jute-like fibers. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, imports exceeded exports.
The United Republic of Tanzania and China were among the other main global suppliers of jute and jute-like fibers in 2014. However, the fastest growing exporters from 2007 to 2014 were the United Republic of Tanzania (+74% per year) and Spain (+24% per year). The United Republic of Tanzania significantly strengthened its position in the global export structure.
In 2014, India's top 5 trading partners were the U.S., Nepal, the Netherlands, Germany and Egypt, with a combined 54% share of India's jute and jute-like fiber exports. The share of Nepal increased (+8 percentage points), while the share of Egypt illustrated negative dynamics (-6 percentage points). The shares of the other India's trading partners showed moderate growth.
Do you want to know more about the global jute market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- jute market share
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- jute industry
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- jute price forecast
- key jute producers
Source: IndexBox AI Platform
Bast Fibers, Other.
This report provides an in-depth analysis of the global jute market. 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 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Jute market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global jute production, split by region and country;
• Global jute trade (exports and imports);
• Producer, export and import prices for jute;
• Jute market trends, drivers and restraints;
• Key market players and their profiles.
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The Largest Importers on The Market and How They Succeed
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