Southern Asia: Market for Non-Woven, Felt and Coated Textile Garments 2024

Market Size for Non-Woven, Felt and Coated Textile Garments in Southern Asia

The South Asian market for non-woven, felt and coated textile garments expanded slightly to $X in 2022, picking up by X% against the previous year. The total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Non-Woven, Felt and Coated Textile Garments in Southern Asia

In value terms, production of non-woven, felt and coated textile garments rose to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Non-Woven, Felt and Coated Textile Garments

Exports in Southern Asia

For the seventh consecutive year, Southern Asia recorded growth in shipments abroad of non-woven, felt and coated textile garments, which increased by X% to X units in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, exports of non-woven, felt and coated textile garments skyrocketed to $X in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Bangladesh dominates garments structure, resulting at X units, which was approx. X% of total exports in 2022. The following exporters - India (X units) and Sri Lanka (X units) - each resulted at a X% share of total exports.

Bangladesh was also the fastest-growing in terms of the non-woven, felt and coated textile garments exports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%) and Sri Lanka (X%) displayed positive paces of growth. From 2012 to 2022, the share of Bangladesh increased by X percentage points.

In value terms, Bangladesh ($X) remains the largest non-woven, felt and coated textile garment supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Bangladesh amounted to X%. In the other countries, the average annual rates were as follows: India (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, 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 India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Woven, Felt and Coated Textile Garments

Imports in Southern Asia

In 2022, the amount of non-woven, felt and coated textile garments imported in Southern Asia shrank dramatically to X units, which is down by X% on the previous year's figure. Over the period under review, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of non-woven, felt and coated textile garments shrank dramatically to $X in 2022. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

India represented the largest importing country with an import of about X units, which amounted to X% of total imports. Bangladesh (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%) and Pakistan (X%). Afghanistan (X units) followed a long way behind the leaders.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%), Pakistan (X%), Nepal (X%) and Afghanistan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Bangladesh (X p.p.), India (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (X p.p.) and Nepal (X p.p.) displayed negative dynamics.

In value terms, India ($X), Nepal ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Bangladesh, with a CAGR of X%, recorded 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 2022, the import price in Southern Asia amounted to $X per unit, dropping by X% against the previous year. In general, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, 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 Nepal ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :