India - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Fabric Price in India - 2023
Contents:
- Woolen Fabric Price in India (FOB) - 2022
- Woolen Fabric Price in India (CIF) - 2023
- Woolen Fabric Exports in India
- Woolen Fabric Imports in India
Woolen Fabric Price in India (FOB) - 2022
The average woolen fabric export price stood at $10 per square meter in 2022, dropping by -15.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices attained the maximum at $12 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($15 per square meter), while the average price for exports to the United Arab Emirates ($3.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Woolen Fabric Price in India (CIF) - 2023
The average woolen fabric import price stood at $11.9 per square meter in June 2023, increasing by 7.3% against the previous month. Over the period under review, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in February 2023 an increase of 9.1% against the previous month. The import price peaked at $13.5 per square meter in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($31.5 per square meter), while the price for Turkey ($8.6 per square meter) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.0%), while the prices for the other major suppliers experienced a decline.
Woolen Fabric Exports in India
In 2022, the amount of woven woolen fabrics exported from India surged to 3.7M square meters, jumping by 66% against the previous year's figure. In general, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, woolen fabric exports surged to $37M in 2022. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 60%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Woolen Fabric in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 5.3 | 1.1 | 2.4 | 6.8 | 8.7% |
| Ethiopia | 1.6 | 1.7 | 1.6 | 4.7 | 43.2% |
| Vietnam | 1.6 | 1.0 | 3.0 | 3.0 | 23.3% |
| Bangladesh | 0.6 | 0.4 | 0.4 | 2.7 | 65.1% |
| Myanmar | N/A | 0.1 | N/A | 2.1 | 358.3% |
| United Kingdom | 2.9 | 1.1 | 2.2 | 2.1 | -10.2% |
| China | 0.5 | 0.2 | 1.9 | 1.9 | 56.0% |
| Kuwait | 0.8 | 0.3 | 1.0 | 1.7 | 28.6% |
| United Arab Emirates | 0.2 | 0.2 | 0.9 | 1.5 | 95.7% |
| Italy | 1.0 | 0.4 | 0.2 | 0.9 | -3.5% |
| Hong Kong SAR | 2.5 | 1.0 | 1.5 | 0.8 | -31.6% |
| Djibouti | 0.4 | 0.1 | 0.4 | 0.6 | 14.5% |
| Japan | 0.3 | 0.5 | 0.9 | 0.6 | 26.0% |
| Others | 13.9 | 8.5 | 10.1 | 7.7 | -17.9% |
| Total | 31.6 | 16.5 | 26.5 | 37.2 | 5.6% |
Top Export Markets for Woolen Fabric from India in 2022:
- Ethiopia (566.4K square meters)
- Indonesia (518.9K square meters)
- United Arab Emirates (429.9K square meters)
- Vietnam (304.3K square meters)
- Bangladesh (268.3K square meters)
- Myanmar (211.1K square meters)
- Kuwait (180.8K square meters)
- China (176.1K square meters)
- United Kingdom (144.7K square meters)
- Djibouti (76.1K square meters)
- Japan (71.1K square meters)
- Hong Kong SAR (69.4K square meters)
- Italy (59.6K square meters)
Woolen Fabric Imports in India
In 2022, approx. 3.7M square meters of woven woolen fabrics were imported into India; growing by 177% on 2021. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, woolen fabric imports skyrocketed to $51M in 2022. Overall, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Woolen Fabric in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.0 | 9.4 | 9.4 | 25.5 | 0.7% |
| Italy | 6.9 | 2.3 | 2.9 | 8.5 | 7.2% |
| Netherlands | 0.1 | 1.3 | 2.5 | 4.2 | 247.6% |
| Romania | 1.7 | 2.0 | 1.1 | 2.4 | 12.2% |
| Singapore | 1.6 | 0.1 | 1.4 | 2.1 | 9.5% |
| United Kingdom | 1.3 | 0.5 | 1.3 | 1.9 | 13.5% |
| Indonesia | N/A | N/A | N/A | 1.6 | 0% |
| United States | 0.8 | 0.1 | 0.2 | 0.4 | -20.6% |
| Others | 3.7 | 1.9 | 2.4 | 3.9 | 1.8% |
| Total | 41.1 | 17.7 | 21.2 | 50.6 | 7.2% |
Top Suppliers of Woolen Fabric to India in 2022:
- China (1829.6K square meters)
- Italy (583.5K square meters)
- Netherlands (249.1K square meters)
- Romania (206.7K square meters)
- Singapore (197.9K square meters)
- United Kingdom (128.8K square meters)
- Indonesia (119.9K square meters)
- United States (38.0K square meters)
This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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