Price for Tents of Synthetic Fibres in India - 2023
Contents:
- Price for Tents of Synthetic Fibres in India (CIF) - 2022
- Price for Tents of Synthetic Fibres in India (FOB) - 2022
- Imports of Tents of Synthetic Fibres in India
- Exports of Tents of Synthetic Fibres in India
Price for Tents of Synthetic Fibres in India (CIF) - 2022
The average tents of synthetic fibres import price stood at $5,356 per ton in 2022, dropping by -1.8% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 97% against the previous year. As a result, import price attained the peak level of $11,777 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($10,955 per ton), while the price for China ($3,504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tents of Synthetic Fibres in India (FOB) - 2022
In 2022, the average tents of synthetic fibres export price amounted to $13,420 per ton, surging by 31% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 61%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($60,086 per ton), while the average price for exports to Nepal ($1,750 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 the United States (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tents of Synthetic Fibres in India
In 2022, tents of synthetic fibres imports into India rose notably to 605 tons, increasing by 9.9% against the previous year. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 134%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, tents of synthetic fibres imports rose significantly to $3.2M in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 92% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Tents of Synthetic Fibres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 77.8 | 752 | 1,774 | 1,605 | 174.3% |
| China | 955 | 581 | 721 | 1,567 | 17.9% |
| Vietnam | 504 | 1.2 | 228 | 1.2 | -86.6% |
| Others | 278 | 233 | 281 | 69.7 | -36.9% |
| Total | 1,815 | 1,566 | 3,004 | 3,243 | 21.3% |
Top Suppliers of Tents of Synthetic Fibres to India in 2022:
- China (447.1 tons)
- Bangladesh (146.5 tons)
- Vietnam (0.4 tons)
Exports of Tents of Synthetic Fibres in India
In 2022, approx. 51 tons of tents of synthetic fibreses were exported from India; increasing by 187% against the previous year's figure. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tents of synthetic fibres exports skyrocketed to $691K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tents of Synthetic Fibres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 305 | 0% |
| Sweden | N/A | N/A | 0.1 | 93.7 | 93600.0% |
| United States | 106 | 8.2 | 2.3 | 83.2 | -7.8% |
| United Kingdom | 37.7 | 2.5 | 0.1 | 56.1 | 14.2% |
| Qatar | N/A | N/A | N/A | 44.1 | 0% |
| United Arab Emirates | 12.8 | 154 | 180 | 15.7 | 7.0% |
| Sri Lanka | 7.9 | 0.2 | 0.2 | 11.3 | 12.7% |
| Spain | N/A | N/A | N/A | 8.2 | 0% |
| Others | 42.2 | 10.2 | 1.3 | 73.2 | 20.2% |
| Total | 207 | 175 | 184 | 691 | 49.5% |
Top Export Markets for Tents of Synthetic Fibres from India in 2022:
- Germany (14.6 tons)
- Qatar (9.5 tons)
- Sweden (8.1 tons)
- United Kingdom (6.9 tons)
- United Arab Emirates (2.4 tons)
- Spain (1.8 tons)
- United States (1.4 tons)
- Sri Lanka (1.2 tons)
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