Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India - 2023
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India (CIF) - 2023
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India (FOB) - 2023
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India (CIF) - 2023
The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $13.4 per square meter in November 2023, declining by -13.8% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices attained the maximum at $16.1 per square meter in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($28.5 per square meter), while the price for Romania ($11.8 per square meter) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Denmark (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India (FOB) - 2023
In November 2023, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $20.1 per square meter, surging by 9.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in July 2023 when the average export price increased by 14% against the previous month. The export price peaked in November 2023.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Saudi Arabia ($27.1 per square meter), while the average price for exports to Cambodia ($11.5 per square meter) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India
In 2022, imports of woven fabrics of carded wool or of carded fine animal hair into India soared to 1.8M square meters, rising by 174% compared with the previous year's figure. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair surged to $28M in 2022. In general, imports continue to indicate a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.9 | 7.6 | 7.7 | 19.5 | -0.7% |
| Italy | 1.3 | 0.7 | 0.7 | 2.6 | 26.0% |
| Netherlands | 0.1 | 1.2 | 2.4 | 1.8 | 162.1% |
| Romania | 0.7 | 0.8 | 0.7 | 1.4 | 26.0% |
| United Kingdom | 0.3 | 0.2 | 0.4 | 0.9 | 44.2% |
| Turkey | 0.1 | N/A | N/A | 0.5 | 71.0% |
| United States | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | 2.1 | 0.7 | 0.9 | 0.8 | -27.5% |
| Total | 24.6 | 11.3 | 12.8 | 27.9 | 4.3% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to India in 2022:
- China (1291.7K square meters)
- Italy (151.3K square meters)
- Romania (89.6K square meters)
- Netherlands (69.2K square meters)
- Turkey (47.0K square meters)
- United Kingdom (45.9K square meters)
- United States (37.3K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India
Exports of woven fabrics of carded wool or of carded fine animal hair from India expanded rapidly to 366K square meters in 2022, with an increase of 12% against 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% 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 increased by +84.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair expanded remarkably to $6M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% 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 +82.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 74% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,508 | 834 | 1,817 | 1,722 | 4.5% |
| Australia | 770 | 617 | 954 | 761 | -0.4% |
| United States | 463 | 307 | 817 | 647 | 11.8% |
| United Arab Emirates | 244 | 217 | 201 | 454 | 23.0% |
| Nepal | 255 | 246 | 442 | 436 | 19.6% |
| Vietnam | 495 | 142 | 164 | 353 | -10.7% |
| Bangladesh | 93.7 | 176 | 24.0 | 268 | 41.9% |
| Sweden | 126 | 84.7 | 99.3 | 221 | 20.6% |
| Canada | 160 | 107 | 177 | 204 | 8.4% |
| China | 33.7 | 2.1 | 204 | 199 | 80.7% |
| Belgium | 51.4 | 123 | 120 | 148 | 42.3% |
| Bhutan | 8.8 | 22.1 | 185 | 129 | 144.7% |
| Cambodia | 16.6 | 0.1 | 11.8 | 69.1 | 60.9% |
| Others | 595 | 412 | 496 | 390 | -13.1% |
| Total | 4,821 | 3,290 | 5,712 | 6,001 | 7.6% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from India in 2022:
- United Kingdom (103.5K square meters)
- Australia (47.0K square meters)
- United States (36.0K square meters)
- United Arab Emirates (27.4K square meters)
- Nepal (24.9K square meters)
- Vietnam (23.3K square meters)
- Bangladesh (17.5K square meters)
- Sweden (13.7K square meters)
- Canada (12.6K square meters)
- China (12.5K square meters)
- Belgium (8.9K square meters)
- Bhutan (8.8K square meters)
- Cambodia (5.9K square meters)
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