Recently we did a detailed report on Indian Denim Export for the month of Sept 20, in the month of Sept 20, India exported over 15 million meters of denim fabric, during Oct & Nov’20, India performed really well that shows a very good of sign of recovery. Indian domestic market has also recovered to a certain extent and expected to achieve the pre-covid levels before the end of the 1st quarter of FY 2021.
In this report, we are covering the denim export from India during October & November 2020. The analysis will be in two parts:
- Countrywise Export Analysis
- Leading Denim Suppliers
| # | Particulars /Content of the report |
| 1 | Table showing country-wise Denim Exports along with Average Price and % Share of countries during October & November 2020 |
| 2 | Graphs showing month wise Denim Exports, Average Price and %Share of countries during October & November 2020 |
| 3 | Table showing Leading Denim Suppliers along with Average Price and % Share during October & November 2020 |
| 4 | Graphs showing Leading Denim Suppliers along with Average Price and % Share during October & November 2020 |
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COUNTRY WISE DENIM EXPORTS SEPT 2020
There are 16 major countries where India exported approx. 90% of its total exports. The list primarily included Bangladesh, Egypt, Colombia, the USA, Guatemala, Sri Lanka, Mexico, Chile, and Madagascar. Total export from India stood at 37.42 million meters at an average price of $2.01/meter.
During October & November 2020, Colombia ranked #2 export destination for Indian Denim Mills with a total export of 4.67 million meters followed by Egypt with 3.01 million meters. Bangladesh remained the biggest denim export destination with 12.89 million meters.
| Country Of Destination | Volume(Meters) | Price($/Meter) | % Share |
| Bangladesh | 12,899,588 | 2.34 | 34% |
| Colombia | 4,676,134 | 1.67 | 12% |
| Egypt | 3,015,550 | 1.55 | 8% |
| United States of America | 1,661,762 | 1.58 | 4% |
| Guatemala | 1,604,896 | 1.96 | 4% |
| Sri Lanka | 1,464,506 | 2.73 | 4% |
| Mexico | 1,331,614 | 1.67 | 4% |
| Chile | 1,291,980 | 1.97 | 3% |
| Madagascar | 1,073,515 | 2.37 | 3% |
| Ecuador | 824,230 | 1.68 | 2% |
| Venezuela | 794,200 | 1.62 | 2% |
| Nepal | 777,390 | 1.38 | 2% |
| Peru | 686,144 | 1.78 | 2% |
| Republic of Korea | 557,721 | 2.1 | 1% |
| Turkey | 537,781 | 2.23 | 1% |
| Dominican Republic | 530,785 | 1.58 | 1% |
| OTHERS | 3,700,120 | 2.01 | 10% |
| TOTAL | 37,427,918 | 2.01 | 100% |
COMPANY WISE DENIM EXPORTS
So far as the leading denim suppliers are concerned, during the months of Oct and Nov’20, the top five denim suppliers were as below:
- ARVIND LIMITED – Total Denim Exported was 6.08 million meters at an average price of $2.63/m. The total share in export is 16.2%. Jordan, Ethiopia, Sri Lanka, Lesotho, Madagascar, and Turkey are the major markets for Arvind Denim.
- JINDAL WORLDWIDE LTD – Total Denim Exported was 4.07 million meters at an average price of $1.91/m. The total share in export is 10.08%. The Republic of Korea, Guatemala, Chile, Lebnan, Lesotho, and the USA are major exporting countries for Jindal.
- MANOMAY TEX INDIA LIMITED – Total Denim Exported was 3.21 million meters at an average price of $1.71/m. The total share in export is 8.59%. Colombia, Ecuador, Paraguay, and the USA are the major markets for Manomay Tex.
- RAYMOND UCO DENIM. – Total Denim Exported was 2.70 million meters at the highest average price of $2.99/m. The total share in export is 7.23%. Bangladesh, Vietnam, United Arab Emirates, Sri Lanka, Egypt, Netherlands are the major markets for Raymond UCO Denim.
- SANGAM INDIA LIMITED – Total Denim Exported was 2.68 million meters at an average price of $1.55/m. The total share in export is 7.18%. USA, Madagascar, Mexico, Colombia, and Thailand are major exporting countries for Sangam India.
Sangam India Limited exported the fabrics at the least average price of $1.55/m and Raymond UCO Denim at the most expensive price of $2.99/m.
| Exporter Name | Volume (Meters) | Price($/Meter) | % Share | Major Exporting Countries |
| ARVIND LIMITED | 6,082,918 | 2.63 | 16.25% | Jordan, Ethiopia, Sri Lanka, Lesotho, Madagascar, and Turkey |
| JINDAL WORLDWIDE LTD | 4,070,408 | 1.91 | 10.88% | Republic of Korea, Guatamala, Chile, Leabon, Lesotho, and USA |
| MANOMAY TEX INDIA LIMITED | 3,214,977 | 1.71 | 8.59% | Colombia, Euador, Paraguay and USA |
| RAYMOND UCO DENIM PRIVATE LIMITED | 2,705,835 | 2.99 | 7.23% | Bangladesh, Vietnam, United Arab Emirates, Sri Lanka, Egypt, Netherlands |
| SANGAM INDIA LIMITED | 2,686,747 | 1.55 | 7.18% | USA,Madagascar, Mexico, Colombia and Thailand |
| Oswal Woolen Mills Limited | 1,949,990 | 1.58 | 5.21% | Bangladesh, Ecuador, Germany , Mexico and Peru |
| BHASKAR INDUSTRIES PVT LTD | 1,836,697 | 1.85 | 4.91% | Bangladesh,Egypt, and Sri Lanka |
| ULTRA DENIM PVT. LTD. | 1,491,585 | 1.85 | 3.99% | Turkey,Thailand, Srilanka and Egypt |
| SURYALAKSHMI COTTON MILLS LTD | 1,213,510 | 2.05 | 3.24% | Bangladesh, Eithopia and Madagascar |
| AARVEE DENIMS AND EXPORTS LTD. | 1,094,887 | 1.75 | 2.93% | Lebanon,Guatmala,Venezuela |
| NANDAN DENIM LIMITED | 860,658 | 1.64 | 2.30% | Gautamala and Colombia |
| RSWM LIMITED | 848,215 | 2.08 | 2.27% | Madagascar, Chile, Peru and Venezuela |
| K G DENIM LTD | 780,132 | 2.29 | 2.08% | Bangladesh, Korea , Srilanka and Thailand |
| VINOD DENIM LIMITED | 771860 | 1.74 | 2.06% | Colombia, Egypt,Republic Of Korea, Venezuela,and Republic Of Korea |
| OTHERS | 7819499 | 1.78 | 20.89% | |
| TOTAL | 37427918 | 2.01 | 100.00% |
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