Southern Asia: Textile Wick Market 2020

Textile Wick Market Size in Southern Asia

The revenue of the textile wick market in Southern Asia amounted to $X in 2017, reducing by -X% against the previous year. The textile wick consumption continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. The level of textile wick consumption peaked of $X in 2016, and then declined slightly in the following year.

Textile Wick Production in Southern Asia

In 2017, the amount of textile wicks, conveyor belts or belting produced in Southern Asia totaled X tons, leveling off at the previous year. The textile wick production continues to indicate a significant reduction. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the textile wick production reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Textile Wick Exports in Southern Asia

The exports totaled X tons in 2017, jumping by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when exports increased by X% y-o-y. Over the period under review, the textile wick exports attained its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, textile wick exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Textile Wick Exports by Country in Southern Asia

The countries with the highest levels of textile wick exports in 2017 were Sri Lanka (X tons) and India (X tons), together reaching X% of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Sri Lanka (+X% per year).

In value terms, the largest textile wick markets worldwide were Sri Lanka ($X) and India ($X), with a combined X% share of total exports.

Among the main exporting countries , Sri Lanka (+X% per year) experienced the highest growth rate of exports, over the last decade.

Textile Wick Export Prices by Country in Southern Asia

The textile wick export price in Southern Asia stood at $X per ton in 2017, declining by -X% against the previous year. The textile wick export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2016, and then declined slightly in the following year.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in India ($X per ton) and Sri Lanka ($X per ton), while Sri Lanka ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year).

Textile Wick Imports in Southern Asia

In 2017, textile wick imports in Southern Asia stood at X tons, surging by X% against the previous year. The total imports indicated a strong increase from 2007 to 2017: its volume 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 textile wick imports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2009, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, textile wick imports totaled $X in 2017. The textile wick imports continue to indicate a remarkable increase. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Textile Wick Imports by Country in Southern Asia

In 2017, India (X tons) was the major importer for textile wicks, conveyor belts or belting, creating X% of total imports. Bangladesh (X tons) held the second position in the ranking, distantly followed by Pakistan (X tons), Sri Lanka (X tons) and Nepal (X tons). All these countries together occupied near X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported textile wicks, conveyor belts or belting in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Pakistan, with a X% share.

From 2007 to 2017, the average annual growth rate 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).

Textile Wick Import Prices by Country in Southern Asia

In 2017, the textile wick import price in Southern Asia amounted to $X per kg, coming down by -X% against the previous year. The textile wick import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the import prices for textile wicks, conveyor belts or belting reached its peak figure level of $X per kg in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per kg), while Nepal ($X per ton) 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