Southern Asia: Narrow Woven Fabric Market 2025

Narrow Woven Fabric Market Size in Southern Asia

The South Asian narrow woven fabric market totaled $X in 2021, picking up by 8.9% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +17.5% against 2019 indices. The level of consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Narrow Woven Fabric Production in Southern Asia

In value terms, narrow woven fabric production fell to $X in 2021 estimated in export price. The total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.2% against 2017 indices. The growth pace was the most rapid in 2017 when the production volume increased by 31% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2021.

Narrow Woven Fabric Exports

Exports in Southern Asia

In 2021, narrow woven fabric exports in Southern Asia soared to X tons, jumping by 43% against 2020. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +40.9% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, narrow woven fabric exports surged to $X in 2021. Total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, finishing at X tons, which was near 75% of total exports in 2021. It was distantly followed by Pakistan (X tons), Sri Lanka (X tons) and Bangladesh (X tons), together creating a 25% share of total exports.

Exports from India increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, Bangladesh (+16.6%), Pakistan (+8.5%) and Sri Lanka (+4.9%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +16.6% from 2012-2021. From 2012 to 2021, the share of Bangladesh increased by +3.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest narrow woven fabric supplier in Southern Asia, comprising 67% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 20% share of total exports. It was followed by Pakistan, with an 8.9% share.

In India, narrow woven fabric exports increased at an average annual rate of +7.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sri Lanka (+7.4% per year) and Pakistan (+3.1% per year).

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, increasing by 7.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 30%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.4%), while the other leaders experienced mixed trends in the export price figures.

Narrow Woven Fabric Imports

Imports in Southern Asia

In 2021, supplies from abroad of narrow woven fabrics was finally on the rise to reach X tons after two years of decline. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 73%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, narrow woven fabric imports surged to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 80% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Bangladesh (X tons) and India (X tons) represented the major importers of narrow woven fabrics in Southern Asia, together amounting to near 75% of total imports. Sri Lanka (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (7.2%) and Afghanistan (4.7%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +10.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest narrow woven fabric importing markets in Southern Asia were Bangladesh ($X), Sri Lanka ($X) and India ($X), with a combined 87% share of total imports.

Bangladesh, with a CAGR of +8.8%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, stabilizing at the previous year. In general, the import price showed a slight descent. The most prominent rate of growth was recorded in 2019 an increase of 35%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Afghanistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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