Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India - 2023
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India (FOB) - 2023
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India (CIF) - 2023
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India (FOB) - 2023
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $12.8 per square meter in November 2023, declining by -3.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in May 2023 an increase of 13% month-to-month. Over the period under review, the average export prices hit record highs at $13.2 per square meter in October 2023, and then contracted slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($20.6 per square meter), while the average price for exports to Ethiopia ($9.5 per square meter) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India (CIF) - 2023
The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $14.6 per square meter in November 2023, increasing by 2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in July 2023 an increase of 27% m-o-m. As a result, import price reached the peak level of $15.4 per square meter. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($16.7 per square meter), while the price for Romania ($10.0 per square meter) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Thailand (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India
Exports of woven fabrics of combed wool or of combed fine animal hair from India soared to 3M square meters in 2022, increasing by 59% against 2021 figures. Overall, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $31M in 2022. Over the period under review, exports posted a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.9 | 1.0 | 2.2 | 6.7 | 11.0% |
| Ethiopia | 1.5 | 1.6 | 1.5 | 4.6 | 45.3% |
| Vietnam | 1.0 | 0.8 | 2.6 | 2.6 | 37.5% |
| Bangladesh | 0.5 | 0.2 | 0.3 | 2.4 | 68.7% |
| Myanmar | 0.8 | 0.4 | 0.9 | 2.1 | 37.9% |
| China | 0.4 | 0.1 | 1.6 | 1.7 | 62.0% |
| Kuwait | 0.8 | 0.3 | 0.9 | 1.6 | 26.0% |
| United Arab Emirates | 0.7 | 0.4 | 1.4 | 1.0 | 12.6% |
| Italy | 0.9 | 0.3 | 0.1 | 0.9 | 0.0% |
| Hong Kong SAR | 2.3 | 0.9 | 1.4 | 0.8 | -29.7% |
| Poland | 0.8 | 0.5 | 0.5 | 0.6 | -9.1% |
| Djibouti | 0.3 | 0.1 | 0.4 | 0.6 | 26.0% |
| Japan | 0.2 | 0.5 | 0.8 | 0.6 | 44.2% |
| Others | 11.7 | 6.0 | 6.3 | 4.8 | -25.7% |
| Total | 26.8 | 13.2 | 20.8 | 31.2 | 5.2% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from India in 2022:
- Ethiopia (556.1K square meters)
- Indonesia (509.5K square meters)
- Vietnam (275.8K square meters)
- Bangladesh (246.2K square meters)
- Myanmar (207.3K square meters)
- Kuwait (177.0K square meters)
- China (160.6K square meters)
- United Arab Emirates (103.1K square meters)
- Djibouti (74.7K square meters)
- Hong Kong SAR (67.7K square meters)
- Japan (65.8K square meters)
- Italy (57.5K square meters)
- Poland (54.8K square meters)
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India
In 2022, imports of woven fabrics of combed wool or of combed fine animal hair into India skyrocketed to 1.9M square meters, rising by 179% on 2021 figures. Over the period under review, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair surged to $23M in 2022. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 1.8 | 1.7 | 6.0 | 4.9% |
| Italy | 5.6 | 1.6 | 2.2 | 5.9 | 1.8% |
| Netherlands | N/A | 0.1 | N/A | 2.4 | 389.9% |
| Singapore | 0.9 | 0.1 | 1.4 | 2.1 | 32.6% |
| Indonesia | N/A | N/A | N/A | 1.6 | 0% |
| Romania | 1.0 | 1.2 | 0.4 | 1.0 | 0.0% |
| United Kingdom | 1.0 | 0.4 | 0.9 | 1.0 | 0.0% |
| Thailand | 0.1 | 0.2 | 0.5 | 0.9 | 108.0% |
| France | 0.1 | 0.3 | 0.2 | 0.8 | 100.0% |
| Ireland | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Belgium | 0.3 | 0.1 | 0.3 | 0.3 | 0.0% |
| United States | 0.7 | 0.1 | 0.1 | N/A | -62.2% |
| Others | 1.2 | 0.3 | 0.2 | 0.3 | -37.0% |
| Total | 16.5 | 6.5 | 8.4 | 22.7 | 11.2% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to India in 2022:
- China (530.7K square meters)
- Italy (427.9K square meters)
- Singapore (195.8K square meters)
- Netherlands (178.2K square meters)
- Indonesia (118.8K square meters)
- Romania (115.9K square meters)
- United Kingdom (82.1K square meters)
- Thailand (78.9K square meters)
- France (58.5K square meters)
- Ireland (30.8K square meters)
- Belgium (22.0K square meters)
- United States (0.6K square meters)
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