India - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia's Twine and Cordage Price Surges by 2% Reaching $2,177 per Ton
India Twine And Cordage Export Price in June 2023
In June 2023, the twine and cordage price amounted to $2,177 per ton (FOB, India), rising by 2.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 14% month-to-month. As a result, the export price reached the peak level of $2,336 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Singapore ($5,434 per ton), while the average price for exports to Morocco ($1,248 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Twine And Cordage in India (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
Singapore | 2,108 | 2,366 | 2,446 | 1,908 | 1,911 | 2,661 | 1,821 | 1,891 | 1,677 | 1,991 | 1,735 | 3,954 | 5,434 |
Netherlands | 2,409 | 3,275 | 2,319 | 2,649 | 3,705 | 8,958 | 2,215 | 2,350 | 1,875 | 2,122 | 2,146 | 3,479 | 3,701 |
United Arab Emirates | 1,666 | 1,852 | 2,006 | 1,857 | 1,958 | 2,328 | 1,711 | 1,879 | 1,579 | 1,822 | 1,671 | 1,766 | 2,265 |
Turkey | 2,073 | 1,962 | 1,987 | 1,738 | 1,727 | 2,561 | 1,656 | 1,783 | 1,641 | 1,880 | 1,601 | 1,865 | 2,239 |
United States | 2,282 | 2,971 | 2,604 | 2,662 | 2,097 | 2,690 | 2,252 | 2,841 | 2,362 | 1,855 | 2,138 | 2,555 | 2,222 |
Chile | 1,967 | 2,033 | 1,843 | 1,865 | 1,782 | 1,790 | 1,727 | 1,679 | 1,584 | 1,823 | 1,756 | 1,946 | 1,795 |
Morocco | 1,365 | 1,898 | 1,586 | 1,251 | 1,417 | 1,158 | 1,579 | 845 | 1,548 | 1,503 | 2,448 | 1,185 | 1,248 |
Average | 2,098 | 2,317 | 2,160 | 2,104 | 2,055 | 2,336 | 2,018 | 1,966 | 1,854 | 1,938 | 1,935 | 2,130 | 2,177 |
India Twine And Cordage Exports
For the third month in a row, India recorded decline in shipments abroad of twine, cordage, rope and cables, which decreased by -0.2% to 5.2K tons in June 2023. In general, exports recorded a mild decline. The most prominent rate of growth was recorded in December 2022 when exports increased by 19% month-to-month.
In value terms, twine and cordage exports rose slightly to $11M (IndexBox estimates) in June 2023. Overall, exports saw a mild contraction. The most prominent rate of growth was recorded in November 2022 when exports increased by 12% against the previous month.
India Twine And Cordage Exports by Country
The United States (698 tons), the United Arab Emirates (377 tons) and Chile (323 tons) were the main destinations of twine and cordage exports from India, together comprising 27% of total exports. These countries were followed by Ghana, Turkey, Morocco, Norway, the Netherlands, the UK, Kenya, Spain, Canada and Singapore, which together accounted for a further 38%.
From June 2022 to June 2023, the biggest increases were in Kenya (with a CAGR of +71.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for twine and cordage exported from India were the United States ($1.6M), the United Arab Emirates ($853K) and the Netherlands ($760K), together accounting for 28% of total exports. These countries were followed by Singapore, Turkey, Chile, Ghana, Norway, the UK, Kenya, Morocco, Canada and Spain, which together accounted for a further 39%.
Among the main countries of destination, Kenya, with a CAGR of +65.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the twine and cordage 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 13941133 -
- Prodcom 13941135 -
- Prodcom 13941153 - Sisal binder or baler (agricultural) twines
- Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
- Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
- Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
- Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)
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