India - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndia Sees 9% Increase in Artificial Filament Tow Price, Reaching $5,454 per Ton
India Artificial Filament Tow Import Price in November 2022
In November 2022, the artificial filament tow price amounted to $5,454 per ton (CIF, India), increasing by 8.8% against the previous month. Over the period from November 2021 to November 2022, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in March 2022 an increase of 16% month-to-month. The import price peaked in November 2022.
There were significant differences in the average prices amongst the major supplying countries. In November 2022, the country with the highest price was Belgium ($6,757 per ton), while the price for the UK ($945 per ton) was amongst the lowest.
From November 2021 to November 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
India Artificial Filament Tow Imports
In November 2022, the amount of artificial filament tow imported into India contracted markedly to 953 tons, which is down by -19.4% on the previous month. Over the period under review, imports, however, showed modest growth. The pace of growth was the most pronounced in March 2022 when imports increased by 133% month-to-month. Over the period under review, imports attained the peak figure at 1.3K tons in May 2022; however, from June 2022 to November 2022, imports stood at a somewhat lower figure.
In value terms, artificial filament tow imports dropped to $5.2M (IndexBox estimates) in November 2022. Overall, imports, however, continue to indicate a tangible expansion. The most prominent rate of growth was recorded in March 2022 when imports increased by 170% m-o-m. Imports peaked at 5.9K tons in October 2022, and then reduced in the following month.
India Artificial Filament Tow Imports by Country
In November 2022, the United States (488 tons) constituted the largest supplier of artificial filament tow to India, with a 51% share of total imports. Moreover, artificial filament tow imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (185 tons), threefold. Germany (93 tons) ranked third in terms of total imports with a 9.8% share.
From November 2021 to November 2022, the average monthly rate of growth in terms of volume from the United States totaled +11.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-0.2% per month) and Germany (-0.2% per month).
In value terms, the United States ($2.7M) constituted the largest supplier of artificial filament tow to India, comprising 52% of total imports. The second position in the ranking was taken by Japan ($1.1M), with a 21% share of total imports. It was followed by Germany, with a 9.7% share.
From November 2021 to November 2022, the average monthly growth rate of value from the United States totaled +14.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+2.6% per month) and Germany (+3.7% per month).
Textile Industry Faces Price Hike Due to Rise in Crude Oil Prices and Shortage of Raw Materials
The hike in prices can be attributed to several factors, such as the rise in crude oil prices, the increase in transportation and logistics costs, and the shortage of raw materials in the global market. The price increase is expected to have a significant impact on the textiles industry, particularly on the production of synthetic fibers and textiles.
Manufacturers in India are likely to face higher costs, which could ultimately result in higher prices for consumers. Industry experts predict that the price trend is likely to continue in the coming months, unless there is a significant increase in the supply of raw materials.
This report provides an in-depth analysis of the artificial filament tow market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20602120 - Artificial filament tow and staple fibres (not carded, combed or otherwise processed for spinning), of viscose rayon
- Prodcom 20602140 - Artificial filament tow, of acetate
- Prodcom 20602190 - Other artificial filament tow and staple fibres (not carded, c ombed or otherwise processed for spinning)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
