Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India (CIF) - 2023
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India (CIF) - 2023

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $3,701 per ton in October 2023, with a decrease of -17.7% against the previous month. Over the period under review, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in March 2023 an increase of 39% against the previous month. As a result, import price attained the peak level of $6,533 per ton. From April 2023 to October 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($8,610 per ton), while the price for Turkey ($810 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $4,333 per ton in 2022, picking up by 38% against the previous year. Overall, the export price, however, showed a slight setback. The most prominent rate of growth was recorded in 2013 an increase of 51%. The export price peaked at $8,055 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($8,060 per ton), while the average price for exports to Nepal ($1,209 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 Poland (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India

In 2022, imports of felt; whether or not impregnated, coated, covered or laminateds into India fell to 4.6K tons, declining by -6% against 2021. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds soared to $23M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +72.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to India in 2022:

1. China (2440.9 tons)
2. Turkey (1042.9 tons)
3. United Kingdom (428.6 tons)
4. South Korea (319.8 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in India

In 2022, after three years of growth, there was significant decline in shipments abroad of felt; whether or not impregnated, coated, covered or laminateds, when their volume decreased by -38% to 3.2K tons. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 116%. As a result, the exports attained the peak of 5.2K tons, and then shrank significantly in the following year.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds fell to $14M in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 37%. As a result, the exports attained the peak of $16M, and then shrank in the following year.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from India in 2022:

1. Australia (551.8 tons)
2. United States (458.3 tons)
3. South Korea (232.1 tons)
4. Indonesia (229.9 tons)
5. United Kingdom (220.7 tons)
6. Germany (178.0 tons)
7. Sweden (115.3 tons)
8. Nepal (91.8 tons)
9. New Zealand (85.9 tons)
10. Sri Lanka (70.6 tons)
11. Thailand (70.6 tons)
12. Poland (66.7 tons)
13. Mexico (65.3 tons)

Source: IndexBox Market Intelligence Platform