Southern Asia: Spun Yarn Market 2021

Spun Yarn Market Size in Southern Asia

In 2019, the South Asian spun yarn market increased by X% to $X for the first time since 2015, thus ending a three-year declining trend. Over the period under review, consumption, however, showed a deep slump. The level of consumption peaked at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Spun Yarn Production in Southern Asia

In value terms, spun yarn production rose slightly to $X in 2019 estimated in export prices. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

Production By Country in Southern Asia

Sri Lanka (X tons) constituted the country with the largest volume of spun yarn production, comprising approx. X% of total volume.

From 2007 to 2019, the average annual growth rate of volume in Sri Lanka was relatively modest.

Spun Yarn Exports

Exports in Southern Asia

In 2019, shipments abroad of yarn spun from silk waste decreased by -X% to X tons for the first time since 2016, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, spun yarn exports contracted sharply to $X in 2019. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

India prevails in spun yarn exports structure, reaching X tons, which was approx. X% of total exports in 2019. Pakistan (X tons) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to spun yarn exports from India stood at -X%. At the same time, Pakistan (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of Pakistan increased by +X% percentage points, while India (-X p.p.) saw their share reduced.

In value terms, India ($X) remains the largest spun yarn supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports.

In India, spun yarn exports shrank by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

In 2019, the spun yarn export price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2010 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($X per ton), while India totaled $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India.

Spun Yarn Imports

Imports in Southern Asia

After nine years of decline, overseas purchases of yarn spun from silk waste increased by X% to X tons in 2019. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports hit record highs at X tons in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

In value terms, spun yarn imports stood at $X in 2019. Over the period under review, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of spun yarn imports in 2019 were India (X tons), Pakistan (X tons) and Nepal (X tons), together amounting to X% of total import. It was distantly followed by Bangladesh (X tons), making up a X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh, while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest spun yarn importing markets in Southern Asia were India ($X), Pakistan ($X) and Nepal ($X), with a combined X% share of total imports. These countries were followed by Bangladesh, which accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The spun yarn import price in Southern Asia stood at $X per ton in 2019, rising by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :