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India - Narrow Woven Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

India - Narrow Woven Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Jul 24, 2023

Price of Indian Narrow Woven Fabric Surges to $6,731 per Ton

India Narrow Woven Fabric Import Price in March 2023

In March 2023, the narrow woven fabric price amounted to $6,731 per ton (CIF, India), with an increase of 23% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced contraction. Over the period under review, average import prices reached the maximum at $10,128 per ton in March 2022; however, from April 2022 to March 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Hong Kong ($29,036 per ton), while the price for Malaysia ($3,660 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

COUNTRYImport Price of Narrow Woven Fabric in India (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Hong Kong46,07231,46825,66223,45130,20333,50216,14229,39826,45724,78922,60140,49929,036
Sri Lanka27,04425,56425,65217,25527,60326,83127,82922,65323,92418,6298,07521,43721,032
Vietnam15,40820,5613,15115,77810,49919,47412,37612,15811,1858,2218,4196,12812,054
Thailand5,1735,5665,9725,4385,3245,8615,6495,6215,8136,0276,1526,2065,658
Taiwan (Chinese)20,68321,18319,7532,47639,13412,17514,00213,31512,0857,5963,0809,0744,596
China4,6283,5123,6633,5593,0443,4494,1653,7073,4833,2043,3963,0484,404
Philippines4,2794,7334,0634,6194,2004,3304,0774,4464,3744,2404,2574,2834,248
Malaysia3,1348923,5403,3981,4503,7713,4514,0084,1573,6903,4793,6073,660
Average10,1287,0646,0745,5125,9006,5816,9916,7136,6245,8095,2405,4666,731

India Narrow Woven Fabric Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In March 2023, the product with the highest price was labels, badges and similar articles; of textile materials, in the piece, in strips or cut to shape or size, not embroidered ($12,493 per ton), while the price for fabrics; narrow woven, other than goods of heading no. 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) ($5,691 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by labels, badges and similar articles; of textile materials, in the piece, in strips or cut to shape or size, not embroidered (+4.7%), while the prices for the other products experienced a decline.

India Narrow Woven Fabric Imports

In March 2023, overseas purchases of narrow woven fabrics decreased by -7.7% to 1.6K tons, falling for the second consecutive month after two months of growth. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 when imports increased by 38% against the previous month.

In value terms, narrow woven fabric imports rose notably to $11M (IndexBox estimates) in March 2023. Overall, imports continue to indicate a pronounced descent.

India Narrow Woven Fabric Imports by Type

In March 2023, fabrics; narrow woven, other than goods of heading no. 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) (1.2K tons) constituted the largest type of narrow woven fabric supplied to India, with a 74% share of total imports. Moreover, fabrics; narrow woven, other than goods of heading no. 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) exceeded the figures recorded for the second-largest type, braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles (250 tons), fivefold.

From March 2022 to March 2023, the average monthly rate of growth in terms of the volume of import of fabrics; narrow woven, other than goods of heading no. 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) stood at +1.1%. With regard to the other supplied products, the following average monthly rates of growth were recorded: braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles (+4.8% per month) and labels, badges and similar articles; of textile materials, in the piece, in strips or cut to shape or size, not embroidered (-6.6% per month).

In value terms, fabrics; narrow woven, other than goods of heading no. 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) ($6.8M) constituted the largest type of narrow woven fabric supplied to India, comprising 63% of total imports. The second position in the ranking was held by labels, badges and similar articles; of textile materials, in the piece, in strips or cut to shape or size, not embroidered ($2.1M), with a 20% share of total imports.

India Narrow Woven Fabric Imports by Country

In March 2023, China (982 tons) constituted the largest narrow woven fabric supplier to India, accounting for a 61% share of total imports. Moreover, narrow woven fabric imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (150 tons), sevenfold. The third position in this ranking was taken by the Philippines (107 tons), with a 6.6% share.

From March 2022 to March 2023, the average monthly growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Taiwan (Chinese) (+10.2% per month) and the Philippines (+5.3% per month).

In value terms, China ($4.3M) constituted the largest supplier of narrow woven fabric to India, comprising 40% of total imports. The second position in the ranking was held by Hong Kong ($2M), with an 18% share of total imports. It was followed by Sri Lanka, with an 8% share.

From March 2022 to March 2023, the average monthly rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Hong Kong (-2.9% per month) and Sri Lanka (-4.3% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the narrow woven fabric 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 13961730 - Narrow woven fabrics other than labels, badges and other similar articles
  • Prodcom 13961750 - Labels, badges and similar articles in textile materials (excluding embroidered)
  • Prodcom 13961770 - Braids in the piece, tassels and pompons, ornamental trimmings (excluding knitted or crocheted)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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