Southern Asia: Market for Non-Woven, Felt and Coated Textile Garments 2022

Market Size for Non-Woven, Felt and Coated Textile Garments in Southern Asia

In 2021, after two years of growth, there was significant decline in the South Asian market for non-woven, felt and coated textile garments, when its value decreased by -X% to $X. In general, consumption, however, saw a resilient increase. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Production of Non-Woven, Felt and Coated Textile Garments in Southern Asia

In value terms, production of non-woven, felt and coated textile garments reduced remarkably to $X in 2021 estimated in export price. In general, production, however, saw a strong increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X, and then declined remarkably in the following year.

Production By Country in Southern Asia

The countries with the highest volumes of in 2021 were India (X units), Bangladesh (X units) and Pakistan (X units), together accounting for X% of total production. Sri Lanka lagged somewhat behind, accounting for a further X 2012 to 2021, the biggest increases were in Sri Lanka (with a CAGR of +X%), while garments for the other leaders experienced more modest paces of growth.

Exports of Non-Woven, Felt and Coated Textile Garments

Exports in Southern Asia

Exports of non-woven, felt and coated textile garments totaled X units in 2021, approximately reflecting 2020 figures. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2014 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of non-woven, felt and coated textile garments rose notably to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Exports by Country

In 2021, Bangladesh (X units) was the major exporter of non-woven, felt and coated textile garments, achieving X% of total exports. It was distantly followed by India (X units) and Sri Lanka (X units), together generating a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-woven, felt and coated textile garment exports from Bangladesh stood at +X%. At the same time, Sri Lanka (+X%) and India (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Sri Lanka and India increased by +X and +X percentage points, respectively.

In value terms, Bangladesh ($X) remains the largest non-woven, felt and coated textile garment supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Bangladesh amounted to +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Sri Lanka (+X% per year).

Export Prices by Country

In 2021, the ile garments in Southern Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Bangladesh ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Woven, Felt and Coated Textile Garments

Imports in Southern Asia

Imports of non-woven, felt and coated textile garments amounted to X units in 2021, surging by X% compared with the previous year's figure. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, imports of non-woven, felt and coated textile garments expanded remarkably to $X in 2021. Over the period under review, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, India (X units) represented the major importer of non-woven, felt and coated textile garments, constituting X% of total imports. Nepal (X units) ranks second in terms of the total imports with an X% share, followed by Bangladesh (X%) and Pakistan (X%). Afghanistan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to non-woven, felt and coated textile garment imports into India stood at +X%. At the same time, Bangladesh (+X%), Nepal (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2012-2021. Afghanistan experienced a relatively flat trend pattern. India (+X p.p.) and Bangladesh (+X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan and Afghanistan saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported non-woven, felt and coated textile garments in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Nepal ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

In India, imports of non-woven, felt and coated textile garments increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Nepal (+X% per year) and Bangladesh (+X% per year).

Import Prices by Country

In 2021, the ile garments in Southern Asia amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Nepal ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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