Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India - 2023

Contents:

1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India (FOB) - 2023
2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India (CIF) - 2022
3. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India
4. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India (FOB) - 2023

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $4,714 per ton in November 2023, picking up by 1.5% against the previous month. In general, the export price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in February 2023 an increase of 18% against the previous month. As a result, the export price reached the peak level of $6,035 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From November 2022 to November 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.3% per month.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India (CIF) - 2022

The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $4,747 per ton in 2022, growing by 13% against the previous year. Over the period under review, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 an increase of 134% against the previous year. Over the period under review, average import prices hit record highs at $14,765 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Australia ($32,371 per ton), while the price for Bangladesh ($305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India

In 2022, exports of tarpaulins, awnings and sunblinds of synthetic fibreses from India rose remarkably to 633 tons, surging by 8.4% against 2021 figures. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 83%. As a result, the exports attained the peak of 698 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses contracted to $4M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $4.5M, and then reduced in the following year.

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from India in 2022:

1. United States (372.1 tons)
2. Bangladesh (74.2 tons)
3. United Kingdom (37.9 tons)
4. Canada (33.8 tons)
5. Netherlands (33.1 tons)
6. Nepal (11.7 tons)
7. Norway (11.6 tons)
8. United Arab Emirates (4.4 tons)
9. Qatar (2.0 tons)
10. Kenya (1.9 tons)
11. Ghana (0.1 tons)

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in India

In 2022, overseas purchases of tarpaulins, awnings and sunblinds of synthetic fibreses increased by 46% to 45 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic contraction.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses skyrocketed to $213K in 2022. Overall, imports, however, showed a sharp decline.

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to India in 2022:

1. China (22.3 tons)
2. United States (10.2 tons)
3. Bangladesh (7.1 tons)
4. Australia (2.4 tons)
5. Germany (0.7 tons)
6. Spain (0.6 tons)
7. Turkey (0.4 tons)

Source: IndexBox Market Intelligence Platform