Southern Asia: Textile Tubing Market 2024

Textile Tubing Market Size in Southern Asia

The South Asian textile tubing market amounted to $X in 2023, approximately mirroring the previous year. Over the period under review, consumption posted a resilient expansion. Over the period under review, the market reached the peak level in 2023 and is likely to see gradual growth in the near future.

Textile Tubing Production in Southern Asia

In value terms, textile tubing production reduced modestly to $X in 2023 estimated in export price. The total production indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2018 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Textile Tubing Exports

Exports in Southern Asia

Textile tubing exports fell significantly to X tons in 2023, declining by X% compared with the previous year. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, textile tubing exports declined to $X in 2023. Overall, exports, however, saw a mild increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then reduced modestly in the following year.

Exports by Country

In 2023, India (X tons) represented the main exporter of textile hosepiping and similar textile tubing in Southern Asia, making up X% of total export.

India was also the fastest-growing in terms of the textile hosepiping and similar textile tubing exports, with a CAGR of X% from 2012 to 2023. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest textile tubing supplier in Southern Asia.

From 2012 to 2023, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, showed a abrupt shrinkage. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Textile Tubing Imports

Imports in Southern Asia

For the third year in a row, Southern Asia recorded growth in purchases abroad of textile hosepiping and similar textile tubing, which increased by X% to X tons in 2023. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2023 and are likely to see gradual growth in years to come.

In value terms, textile tubing imports fell to $X in 2023. Overall, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then dropped modestly in the following year.

Imports by Country

India represented the main importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by Bangladesh (X tons) and Pakistan (X tons), together committing a X% share of total imports. Afghanistan (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the textile hosepiping and similar textile tubing imports, with a CAGR of X% from 2012 to 2023. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. By contrast, Afghanistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of India increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported textile hosepiping and similar textile tubing in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the import price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform