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Report India - Jute and Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

India - Jute and Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights

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India: Market for Jute And Jute-Like Fibers 2024

Market Size for Jute And Jute-Like Fibers in India

The Indian jute and jute-like fibers market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption posted a buoyant expansion. Jute and jute-like fibers consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Jute And Jute-Like Fibers

Exports from India

In 2022, after three years of growth, there was significant decline in shipments abroad of jute and jute-like fibers, when their volume decreased by X% to X tons. Overall, exports, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, jute and jute-like fibers exports fell markedly to $X in 2022. In general, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Nepal (X tons) was the main destination for jute and jute-like fibers exports from India, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nepal amounted to X%.

In value terms, Nepal ($X) also remains the key foreign market for jute and jute-like fibers exports from India.

From 2012 to 2022, the average annual growth rate of value to Nepal totaled X%.

Export Prices by Country

The average jute and jute-like fibers export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, jute and jute-like fibers export price increased by X% against 2018 indices. The growth pace was the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to X% per year.

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Imports of Jute And Jute-Like Fibers

Imports into India

Jute and jute-like fibers imports into India soared to X tons in 2022, picking up by X% on 2021 figures. Over the period under review, imports showed pronounced growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, jute and jute-like fibers imports skyrocketed to $X in 2022. Overall, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Bangladesh (X tons) was the main supplier of jute and jute-like fibers to India, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bangladesh amounted to X%.

In value terms, Bangladesh ($X) constituted the largest supplier of jute and jute-like fibers to India.

From 2012 to 2022, the average annual growth rate of value from Bangladesh totaled X%.

Import Prices by Country

The average jute and jute-like fibers import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, jute and jute-like fibers import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

As there is only one major supplying country, the average price level is determined by prices for Bangladesh.

From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Bangladesh remains the largest jute and jute-like fibers consuming country worldwide, comprising approx. 63% of total volume. Moreover, jute and jute-like fibers consumption in Bangladesh exceeded the figures recorded by the second-largest consumer, India, fivefold. Pakistan ranked third in terms of total consumption with a 7.6% share.
Bangladesh remains the largest jute and jute-like fibers producing country worldwide, accounting for 91% of total volume. Moreover, jute and jute-like fibers production in Bangladesh exceeded the figures recorded by the second-largest producer, Kenya, more than tenfold.
In value terms, Bangladesh constituted the largest supplier of jute and jute-like fibers to India.
In value terms, Nepal remains the key foreign market for jute and jute-like fibers exports from India.
In 2022, the average jute and jute-like fibers export price amounted to $853 per ton, reducing by -10% against the previous year.
The average jute and jute-like fibers import price stood at $898 per ton in 2022, shrinking by -5.6% against the previous year.

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

  • FCL 780 - Jute
  • FCL 782 - Jute-like 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD

  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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