Southern Asia: Man-Made Filament Fabric Market 2025

Man-Made Filament Fabric Market Size in Southern Asia

The South Asian man-made filament fabric market fell to $X in 2021, waning by -4.9% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 +11.1% against 2019 indices. As a result, consumption reached the peak level of $X, and then reduced slightly in the following year.

Man-Made Filament Fabric Production in Southern Asia

In value terms, man-made filament fabric production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Man-Made Filament Fabric Exports

Exports in Southern Asia

In 2021, approx. X tons of woven fabrics of man-made filaments and staple fibers were exported in Southern Asia; surging by 4.4% on the previous year. Over the period under review, exports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 with an increase of 50% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, man-made filament fabric exports surged to $X in 2021. Overall, exports, however, showed a perceptible shrinkage. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India was the key exporting country with an export of about X tons, which resulted at 72% of total exports. Pakistan (X tons) ranks second in terms of the total exports with a 22% share, followed by Nepal (5.4%).

India experienced a relatively flat trend pattern with regard to volume of exports of woven fabrics of man-made filaments and staple fibers. Pakistan (-3.5%) and Nepal (-8.5%) illustrated a downward trend over the same period. India (+9.2 p.p.) significantly strengthened its position in terms of the total exports, while Pakistan and Nepal saw its share reduced by -4.2% and -5% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest man-made filament fabric supplier in Southern Asia, comprising 75% of total exports. The second position in the ranking was held by Pakistan ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled -2.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (-0.3% per year) and Nepal (-8.7% per year).

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, rising by 15% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by 49%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while Nepal ($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 (+3.4%), while the other leaders experienced a decline in the export price figures.

Man-Made Filament Fabric Imports

Imports in Southern Asia

Man-made filament fabric imports surged to X tons in 2021, with an increase of 34% against the previous year's figure. Overall, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 36%. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, man-made filament fabric imports soared to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Bangladesh was the main importer of woven fabrics of man-made filaments and staple fibers in Southern Asia, with the volume of imports finishing at X tons, which was near 68% of total imports in 2021. It was distantly followed by Sri Lanka (X tons), India (X tons) and Afghanistan (X tons), together creating a 29% share of total imports.

Imports into Bangladesh increased at an average annual rate of +10.8% from 2012 to 2021. At the same time, India (+24.4%), Sri Lanka (+6.4%) and Afghanistan (+5.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +24.4% from 2012-2021. While the share of India (+6.9 p.p.) and Bangladesh (+4.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Afghanistan (-2.4 p.p.) and Sri Lanka (-4.5 p.p.) displayed negative dynamics.

In value terms, Bangladesh ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers in Southern Asia, comprising 64% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 13% share of total imports. It was followed by India, with a 13% share.

In Bangladesh, man-made filament fabric imports expanded at an average annual rate of +11.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (+8.0% per year) and India (+8.6% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, picking up by 7.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 31%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while Afghanistan ($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 (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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