Price for Braids; in the Piece in India - 2023

Contents:

  1. Price for Braids; in the Piece in India (FOB) - 2022
  2. Price for Braids; in the Piece in India (CIF) - 2022
  3. Exports of Braids; in the Piece in India
  4. Imports of Braids; in the Piece in India

Price for Braids; in the Piece in India (FOB) - 2022

The average braids; in the piece export price stood at $14,860 per ton in 2022, shrinking by -1.9% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece export price decreased by -12.0% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. The export price peaked at $16,893 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($24,636 per ton), while the average price for exports to Sri Lanka ($4,056 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Braids; in the Piece in India (CIF) - 2022

The average braids; in the piece import price stood at $34,859 per ton in 2022, surging by 47% against the previous year. Overall, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 61% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($71,268 per ton), while the price for Turkey ($6,297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Braids; in the Piece in India

Braids; in the piece exports from India contracted to 509 tons in 2022, waning by -10.4% against the year before. Over the period under review, exports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year.

In value terms, braids; in the piece exports shrank to $7.6M in 2022. Overall, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports attained the peak of $8.6M, and then fell in the following year.

Export of Braids; in the Piece in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,1052,2822,4322,023-1.3%
Indonesia34730289474428.9%
France856892608600-11.2%
Vietnam686512687572-5.9%
United Kingdom629603675561-3.7%
Kenya413455361314-8.7%
Egypt2091863212678.5%
Italy13324428523721.2%
Jordan435168184200-22.8%
Belgium18.6442219182113.9%
United Arab Emirates29.148.820116779.0%
Netherlands20973.772.390.0-24.5%
Sri Lanka71.254.558.848.9-11.8%
Others2,0891,4431,6091,561-9.3%
Total8,2317,7078,6077,567-2.8%

Top Export Markets for Braids; in the Piece from India in 2022:

  1. United States (129.4 tons)
  2. United Kingdom (49.4 tons)
  3. Indonesia (30.2 tons)
  4. Vietnam (27.4 tons)
  5. France (26.0 tons)
  6. Egypt (18.6 tons)
  7. United Arab Emirates (17.8 tons)
  8. Jordan (17.6 tons)
  9. Netherlands (17.2 tons)
  10. Kenya (16.7 tons)
  11. Belgium (15.7 tons)
  12. Italy (13.8 tons)
  13. Sri Lanka (12.1 tons)

Imports of Braids; in the Piece in India

Braids; in the piece imports into India rose modestly to 358 tons in 2022, growing by 2.7% compared with the previous year. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 195% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, braids; in the piece imports skyrocketed to $12M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 228%. Over the period under review, braids; in piece imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Braids; in the Piece in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3.82,0643,3937,0011125.9%
China3555341,6413,385112.1%
Germany30515526855221.9%
Indonesia0.80.3233480743.4%
Hong Kong SAR25064.51573238.9%
Turkey44.60.430.362.511.9%
VietnamN/A6191,973N/A218.7%
Others18131058265853.8%
Total1,1413,7478,27612,462121.9%

Top Suppliers of Braids; in the Piece to India in 2022:

  1. Taiwan (Chinese) (199.4 tons)
  2. China (113.4 tons)
  3. Germany (10.4 tons)
  4. Turkey (9.9 tons)
  5. Indonesia (6.7 tons)
  6. Hong Kong SAR (5.6 tons)

Source: IndexBox Market Intelligence Platform

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