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Asia - Jute and Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Overview of the Market for Jute and Jute-Like Fibers 2021

Market Size for Jute and Jute-Like Fibers in Asia

For the third consecutive year, the Asian jute and jute-like fibers market recorded growth in sales value, which increased by X% to $X in 2020. in general, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Production of Jute and Jute-Like Fibers in Asia

In value terms, jute and jute-like fibers production expanded slightly to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is likely to continue growth in the immediate term.

The countries with the highest volumes of jute and jute-like fibers production in 2020 were India (X tonnes) and Bangladesh (X tonnes).

From 2007 to 2020, the most notable rate of growth in terms of jute and jute-like fibers production, amongst the main producing countries, was attained by Bangladesh.

The average jute and jute-like fibers yield shrank to X tonnes per ha in 2020, approximately equating 2019. Overall, the yield, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. The level of yield peaked at X tonnes per ha in 2019, and then fell modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of jute and jute-like fibers were harvested in Asia; remaining stable against the previous year. in general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to jute and jute-like fibers production attained the peak figure at X ha in 2012; afterwards, it flattened through to 2020.

Production by Country in Asia

The countries with the highest volumes of jute and jute-like fibers production in 2020 were India (X tonnes) and Bangladesh (X tonnes).

From 2007 to 2020, the most notable rate of growth in terms of jute and jute-like fibers production, amongst the leading producing countries, was attained by Bangladesh.

Exports of Jute and Jute-Like Fibers

Exports in Asia

In 2020, approx. X tonnes of jute and jute-like fibers were exported in Asia; waning by -X% against the previous year's figure. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, jute and jute-like fibers exports expanded slightly to $X in 2020. in general, exports showed a pronounced descent. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Bangladesh was the largest exporting country with an export of about X tonnes, which finished at X% of total exports. It was distantly followed by India (X tonnes), making up a X% share of total exports.

Exports from Bangladesh decreased at an average annual rate of -X% from 2007 to 2020. India experienced a relatively flat trend pattern. While the share of India (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Bangladesh (-X p.p.) displayed negative dynamics.

In value terms, Bangladesh ($X) remains the largest jute and jute-like fibers supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in Bangladesh stood at -X%.

Export Prices by Country

The jute and jute-like fibers export price in Asia stood at $X per tonne in 2020, picking up by X% against the previous year. Export price indicated a prominent increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, jute and jute-like fibers export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. in 2020, the country with the highest price was India ($X per tonne), while Bangladesh totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bangladesh.

Imports of Jute and Jute-Like Fibers

Imports in Asia

In 2020, after three years of decline, there was growth in supplies from abroad of jute and jute-like fibers, when their volume increased by X% to X tonnes. in general, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, jute and jute-like fibers imports rose remarkably to $X in 2020. Overall, imports, however, showed a mild slump. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Pakistan (X tonnes) and India (X tonnes) were the key importers of jute and jute-like fibers in 2020, reaching approx. X% and X% of total imports, respectively. It was distantly followed by China (X tonnes) and Nepal (X tonnes), together creating a X% share of total imports. South Korea (X tonnes) occupied a little share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nepal, while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest jute and jute-like fibers importing markets in Asia were Pakistan ($X), India ($X) and Nepal ($X), together comprising X% of total imports.

Nepal saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The jute and jute-like fibers import price in Asia stood at $X per tonne in 2020, growing by X% against the previous year. Import price indicated strong growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, jute and jute-like fibers import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. in 2020, major importing countries recorded the following prices: in Nepal ($X per tonne) and South Korea ($X per tonne), while India ($X per tonne) and Pakistan ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nepal, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jute and jute-like fibers in Asia?
+
The countries with the highest volumes of jute and jute-like fibers consumption in 2020 were India (2.1M tonnes), Bangladesh (1.5M tonnes) and China (79K tonnes), with a combined 96% share of total consumption.
What are the largest producers of jute and jute-like fibers in Asia?
+
The countries with the highest volumes of jute and jute-like fibers production in 2020 were India (2.1M tonnes) and Bangladesh (1.7M tonnes).
What are the leading exporters of jute and jute-like fibers in Asia?
+
In value terms, Bangladesh ($116M) remains the largest jute and jute-like fibers supplier in Asia, comprising 82% of total exports. The second position in the ranking was occupied by India ($20M), with a 14% share of total exports.
What are the leading importers of jute and jute-like fibers in Asia?
+
In value terms, the largest jute and jute-like fibers importing markets in Asia were Pakistan ($47M), India ($33M) and Nepal ($19M), together accounting for 79% of total imports.
What is the average export price for jute and jute-like fibers in Asia?
+
In 2020, the jute and jute-like fibers export price in Asia amounted to $753 per tonne, picking up by 15% against the previous year.
What is the average import price for jute and jute-like fibers in Asia?
+
In 2020, the jute and jute-like fibers import price in Asia amounted to $699 per tonne, growing by 13% against the previous year.

Product coverage:
• FCL 780 - Jute
• FCL 782 - Jute-like fibres

This report provides an in-depth analysis of the market for jute and jute-like fibers in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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