Report Update Nov 1, 2024

India - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights

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India: Aramids Staple Market 2024

Aramids Staple Market Size in India

The Indian aramids staple market rose sharply to $X in 2021, increasing by 7.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a strong increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Aramids Staple Exports

Exports from India

In 2021, the amount of aramids staple exported from India skyrocketed to X tons, with an increase of 332% compared with 2020. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 726%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, aramids staple exports soared to $X in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 2,061%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons), the Netherlands (X tons) and the United States (X tons) were the main destinations of aramids staple exports from India, with a combined 98% share of total exports.

From 2013 to 2021, the biggest increases were recorded for Germany (with a CAGR of +477.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for aramids staple exports from India, comprising 57% of total exports. The second position in the ranking was held by the United States ($X), with a 27% share of total exports. It was followed by Germany, with a 14% share.

From 2013 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +58.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+273.0% per year) and Germany (+253.9% per year).

Export Prices by Country

The average aramids staple export price stood at $X per ton in 2021, dropping by -12% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 162% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.0%), while the prices for the other major destinations experienced a decline.

Aramids Staple Imports

Imports into India

In 2021, supplies from abroad of aramids staple increased by 40% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 102% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, aramids staple imports skyrocketed to $X in 2021. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 89%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Thailand (X tons), China (X tons) and South Korea (X tons) were the main suppliers of aramids staple imports to India, with a combined 72% share of total imports. The Netherlands, Belgium, Brazil and the United States lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +251.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and South Korea ($X) were the largest aramids staple suppliers to India, together accounting for 74% of total imports. These countries were followed by Belgium, the Netherlands, the United States and Brazil, which together accounted for a further 22%.

In terms of the main suppliers, Brazil, with a CAGR of +160.7%, saw 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

In 2021, the average aramids staple import price amounted to $X per ton, which is down by -13.4% against the previous year. Overall, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aramids staple in the world?

The countries with the highest volumes of aramids staple consumption in 2020 were China, Japan and Spain, with a combined 34% share of global consumption. These countries were followed by Belgium, Germany, Turkey, Italy, the Netherlands, Pakistan, India, the United States, Taiwan Chinese) and South Korea, which together accounted for a further 48%.

What are the largest producers of aramids staple in the world?

The countries with the highest volumes of aramids staple production in 2020 were Spain, South Korea and Thailand, with a combined 69% share of global production. These countries were followed by France, Japan, Slovakia and the United States, which together accounted for a further 27%.

What are the leading suppliers of aramids staple to India?

In value terms, Thailand, Hong Kong SAR and South Korea appeared to be the largest aramids staple suppliers to India, with a combined 52% share of total imports. These countries were followed by China, the Netherlands, Belgium and the United Arab Emirates, which together accounted for a further 26%.

What are the leading importers of aramids staple from India?

In value terms, the Netherlands remains the key foreign market for aramids staple exports from India, comprising 65% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 12% share of total exports. It was followed by Italy, with a 6.8% share.

What is the average export price for aramids staple in India?

The average aramids staple export price stood at $7,665 per ton in 2020, with a decrease of -9.1% against the previous year.

What is the average import price for aramids staple in India?

The average aramids staple import price stood at $13,541 per ton in 2020, dropping by -17.8% against the previous year.

This report provides an in-depth analysis of the aramids staple 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 20601110 - Aramids staple, not carded, combed 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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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