Southern Asia: Technical Textiles Market 2025

Technical Textiles Market Size in Southern Asia

In 2021, the South Asian technical textiles market decreased by -7.4% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption showed a mild decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Technical Textiles Production in Southern Asia

In value terms, technical textiles production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a noticeable slump. The growth pace was the most rapid in 2019 with an increase of 22% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Technical Textiles Exports

Exports in Southern Asia

In 2021, technical textiles exports in Southern Asia surged to X tons, picking up by 66% against 2020. Over the period under review, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles exports skyrocketed to $X in 2021. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 36%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

India prevails in exports structure, accounting for X tons, which was approx. 89% of total exports in 2021. It was distantly followed by Sri Lanka (X tons), committing a 7.3% share of total exports. Pakistan (X tons) held a little share of total exports.

India was also the fastest-growing in terms of the textile products and articles for technical uses exports, with a CAGR of +19.6% from 2012 to 2021. At the same time, Sri Lanka (+11.6%) and Pakistan (+2.0%) displayed positive paces of growth. India (+15 p.p.) significantly strengthened its position in terms of the total exports, while Sri Lanka and Pakistan saw its share reduced by -4% and -9.8% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest technical textiles supplier in Southern Asia, comprising 88% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 9.7% share of total exports.

In India, technical textiles exports increased at an average annual rate of +11.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (+5.0% per year) and Pakistan (+2.4% per year).

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, dropping by -19.5% against the previous year. In general, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 27% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

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

Technical Textiles Imports

Imports in Southern Asia

In 2021, purchases abroad of textile products and articles for technical uses was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles imports soared to $X in 2021. The total import value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) represented the main importer of textile products and articles for technical uses, achieving 70% of total imports. Bangladesh (X tons) took the second position in the ranking, followed by Pakistan (X tons). All these countries together held approx. 25% share of total imports. Sri Lanka (X tons) held a relatively small share of total imports.

India was also the fastest-growing in terms of the textile products and articles for technical uses imports, with a CAGR of +9.6% from 2012 to 2021. At the same time, Bangladesh (+8.0%), Sri Lanka (+5.4%) and Pakistan (+3.7%) displayed positive paces of growth. India (+7.9 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by -4.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported textile products and articles for technical uses in Southern Asia, comprising 68% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 16% share of total imports. It was followed by Pakistan, with a 9.7% share.

In India, technical textiles imports increased at an average annual rate of +3.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+9.4% per year) and Pakistan (+2.2% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, falling by -11.9% against the previous year. Over the period under review, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 13% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+1.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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