Southern Asia: Textile Tubing Market 2024

Textile Tubing Market Size in Southern Asia

For the sixth consecutive year, the South Asian textile tubing market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption posted a buoyant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Textile Tubing Production in Southern Asia

In value terms, textile tubing production reached $X in 2022 estimated in export price. In general, production, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Textile Tubing Exports

Exports in Southern Asia

In 2022, overseas shipments of textile hosepiping and similar textile tubing were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports recorded buoyant growth. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, textile tubing exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a slight increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) represented roughly X% of total exports in 2022.

India was also the fastest-growing in terms of the textile hosepiping and similar textile tubing exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest textile tubing supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

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

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

Textile Tubing Imports

Imports in Southern Asia

In 2022, the amount of textile hosepiping and similar textile tubing imported in Southern Asia skyrocketed to X tons, with an increase of X% against the previous year. Over the period under review, imports continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, textile tubing imports soared to $X in 2022. In general, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

India was the key importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Bangladesh (X tons), Pakistan (X tons) and Afghanistan (X tons), together constituting a X% share of total imports. Nepal (X tons) held a little share of total imports.

India was also the fastest-growing in terms of the textile hosepiping and similar textile tubing imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%), Nepal (X%) and Pakistan (X%) displayed positive paces of growth. Afghanistan experienced a relatively flat trend pattern. While the share of India (X p.p.) and Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Pakistan (X p.p.) and Afghanistan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported textile hosepiping and similar textile tubing in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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