Southern Asia: Net Fabric Market 2024

Net Fabric Market Size in Southern Asia

The South Asian net fabric market was estimated at $X in 2022, with an increase of X% against the previous year. Overall, consumption posted a resilient expansion. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Net Fabric Production in Southern Asia

In value terms, net fabric production fell modestly to $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Net Fabric Exports

Exports in Southern Asia

In 2022, shipments abroad of tulles and other net fabrics was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, net fabric exports surged to $X in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

India represented the major exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Bangladesh (X tons), committing a X% share of total exports. The following exporters - Sri Lanka (X tons) and Pakistan (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to net fabric exports from India stood at X%. At the same time, Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. While the share of Bangladesh (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sri Lanka (X p.p.) and India (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest net fabric supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.

Net Fabric Imports

Imports in Southern Asia

Net fabric imports soared to X tons in 2022, rising by X% on the year before. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, net fabric imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Pakistan represented the main importing country with an import of around X tons, which amounted to X% of total imports. Sri Lanka (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (X%). Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat 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 Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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