Southern Asia: Knitted Fabric Market 2020

Knitted Fabric Market Size in Southern Asia

The revenue of the knitted fabric market in Southern Asia amounted to $X in 2017, coming down by -X% against the previous year. The knitted fabric consumption continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014, when market value increased by X% against the previous year. The level of knitted fabric consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Knitted Fabric Production in Southern Asia

In 2017, approx. X square meters of knitted or crocheted fabrics (excluding pile fabrics) were produced in Southern Asia; standing approx. at the previous year. The knitted fabric production continues to indicate a drastic decline. The growth pace was the most rapid in 2011, when the output figure increased by X% y-o-y. The volume of knitted fabric production peaked of X square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Knitted Fabric Exports in Southern Asia

The exports totaled X square meters in 2017, surging by X% against the previous year. The knitted fabric exports continue to indicate a moderate setback. The pace of growth was the most pronounced in 2011, when exports increased by X% year-to-year. The volume of exports peaked of X square meters in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, knitted fabric exports stood at $X in 2017. The knitted fabric exports continue to indicate a deep deduction. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Fabric Exports by Country in Southern Asia

In 2017, India (X square meters) represented the main exporter for knitted or crocheted fabrics (excluding pile fabrics), comprising X% of total exports. Sri Lanka (X square meters) ranks second in terms of the global exports with a X% share, followed by Bangladesh (X%) and Nepal (X%).

From 2007 to 2017, average annual rates of growth with regard to knitted fabric exports from India stood at +X%. At the same time, Sri Lanka (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, Nepal (-X%) and Bangladesh (-X%) illustrated a downward trend over the same period. Bangladesh (X%) and Nepal (X%) significantly strengthened its position in terms of the global exports, while Sri Lanka and India saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, India ($X) remains the largest knitted fabric supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports. It was followed by Bangladesh, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (+X% per year) and Bangladesh (-X% per year).

Knitted Fabric Export Prices by Country in Southern Asia

The knitted fabric export price in Southern Asia stood at $X per thousand square meters in 2017, coming up by X% against the previous year. The knitted fabric export price continues to indicate a perceptible deduction. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. Over the period under review, the export prices for knitted or crocheted fabrics (excluding pile fabrics) reached its maximum level of $X per thousand square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Bangladesh ($X per thousand square meters), while Nepal ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Nepal (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Knitted Fabric Imports in Southern Asia

In 2017, imports of knitted or crocheted fabrics (excluding pile fabrics) in Southern Asia stood at X square meters, falling by -X% against the previous year. The knitted fabric imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2015, when imports increased by X% y-o-y. The volume of imports peaked of X square meters in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, knitted fabric imports amounted to $X in 2017. The total imports indicated a temperate increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted fabric imports increased by +X% against 2014 indices. In that year, the knitted fabric imports reached their peak level of $X. From 2012 to 2017, growth of the knitted fabric imports failed to regain its momentum.

Knitted Fabric Imports by Country in Southern Asia

In 2017, Bangladesh (X square meters) was the main importer for knitted or crocheted fabrics (excluding pile fabrics), mixed up X% of total imports. It was distantly followed by Sri Lanka (X square meters), India (X square meters) and Nepal (X square meters), together constituting X% share of total imports. Pakistan (X square meters) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to knitted fabric imports into Bangladesh stood at -X%. At the same time, Pakistan (+X%), Nepal (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, India (-X%) illustrated a downward trend over the same period. Bangladesh (X%) and India (X%) significantly strengthened its position in terms of the global imports, while Pakistan, Nepal and Sri Lanka saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Bangladesh ($X) constitutes the largest market for imported knitted or crocheted fabrics (excluding pile fabrics) in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Bangladesh was relatively modest. In the other countries, the average annual rates were as follows: Sri Lanka (+X% per year) and India (+X% per year).

Knitted Fabric Import Prices by Country in Southern Asia

The knitted fabric import price in Southern Asia stood at $X per thousand square meters in 2017, growing by X% against the previous year. The import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted fabric import price increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Nepal ($X per square meter), while Sri Lanka ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform