India - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

India - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights

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Twine and Cordage Price in India - 2023

Contents:

  1. Twine and Cordage Price in India (FOB) - 2023
  2. Twine and Cordage Price in India (CIF) - 2022
  3. Twine and Cordage Exports in India
  4. Twine and Cordage Imports in India

Twine and Cordage Price in India (FOB) - 2023

The average twine and cordage export price stood at $1,957 per ton in September 2023, flattening at the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 14% month-to-month. As a result, the export price attained the peak level of $2,336 per ton. From December 2022 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($2,495 per ton), while the average price for exports to Ghana ($1,564 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Twine and Cordage Price in India (CIF) - 2022

In 2022, the average twine and cordage import price amounted to $2,560 per ton, waning by -6.2% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, twine and cordage import price increased by +60.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 45%. As a result, import price attained the peak level of $2,730 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,262 per ton), while the price for Bangladesh ($1,170 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Twine and Cordage Exports in India

Twine and cordage exports from India reached 72K tons in 2022, surging by 2.2% compared with 2021 figures. The total export volume increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, twine and cordage exports stood at $158M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +50.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Twine and Cordage in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.316.123.523.711.1%
United Arab Emirates10.07.38.610.62.0%
Netherlands6.74.88.29.411.9%
Norway8.79.88.39.11.5%
Chile2.93.68.09.045.9%
Turkey3.23.45.78.538.5%
Singapore6.94.17.87.21.4%
Canada5.03.95.26.59.1%
United Kingdom3.03.14.45.421.6%
Ghana4.15.36.15.38.9%
Australia3.62.84.74.810.1%
Morocco2.82.93.64.819.7%
Oman0.71.01.22.654.9%
Others39.337.354.851.39.3%
Total11410515015811.5%

Top Export Markets for Twine and Cordage from India in 2022:

  1. United States (9.6K tons)
  2. United Arab Emirates (5.5K tons)
  3. Chile (4.9K tons)
  4. Turkey (4.2K tons)
  5. Norway (3.7K tons)
  6. Morocco (3.2K tons)
  7. Netherlands (3.2K tons)
  8. Singapore (3.1K tons)
  9. Canada (2.8K tons)
  10. Ghana (2.7K tons)
  11. United Kingdom (2.5K tons)
  12. Australia (2.2K tons)
  13. Oman (1.4K tons)

Twine and Cordage Imports in India

In 2022, supplies from abroad of twine, cordage, rope and cables was finally on the rise to reach 17K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt decline.

In value terms, twine and cordage imports amounted to $44M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Twine and Cordage in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh14.413.212.912.5-4.6%
China6.66.49.49.512.9%
Thailand2.92.63.83.910.4%
United States1.31.32.12.015.4%
United Arab Emirates0.20.20.10.858.7%
Germany0.60.60.90.60.0%
Others12.69.613.914.24.1%
Total38.533.743.143.54.2%

Top Suppliers of Twine and Cordage to India in 2022:

  1. Bangladesh (10.7K tons)
  2. China (2.5K tons)
  3. Thailand (0.9K tons)
  4. United States (0.7K tons)
  5. United Arab Emirates (0.6K tons)
  6. Germany (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the twine and cordage market in India. 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 2030.

Product coverage:

  • Prodcom 13941133 -
  • Prodcom 13941135 -
  • Prodcom 13941153 - Sisal binder or baler (agricultural) twines
  • Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
  • Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
  • Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
  • Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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