Denim Fabric Export From India During September-October 2019

India is one of the largest exporters of denim fabrics. Due to pressures in the domestic market, there is a renewed focus on increasing exports and it can be seen from the report. Also the price pressure can be seen in the report.

1. Countrywise Export Analysis
2. Leading Denim Suppliers

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COUNTRYWISE DENIM EXPORTS

There are 12 major countries where India exported approx 87% out of its total exports. The list primarily included Bangladesh, Colombia,Egypt, Sri Lanka Republic of Korea and Turkey. During Sept-Oct’19, a major portion of exports belonged to Bangladesh which was approx. 46% and the total export figure stood at 23.97 million sqm and it was exported at an average price at $1.61/sqm.

The 2nd major country where exports were made was Colombia which had a 8% share in the total export during these two months.

The total export made to colombia was 4.02 million sqm at an average price of $1.28/sqm. Egypt is at #3 and had 7% share and Sri Lanka with 4% share stood at #4 in the list. Sri Lanka bought fabrics at the most expensive average price of $1.86/sqm however the USA remained the cheapest importer during this period with an average price of $1.14/sqm.

COMPANYWISE DENIM EXPORTS

So far as the leading denim suppliers are concerned, during Sep-Oct, the top three denim suppliers were as below:

1. Arvind Denim – Total Denim Exported was 10.8 million sqm at an average price of $1.87/sqm. Total share in export is 21%. Bangladesh, Sri Lanka,Tureky and Jordan are major exporting countries for Arvind.
2. Raymond UCO Denim – Total Denim Exported was 4.77 million sqm at an average price of $2.01/sqm. Total share in export is 9%. Bangladesh, Sri Lanka, Portugal, Lesotho, and Vietnam are major exporting countries for Raymond.
3. Manomay Textile – Total Denim Exported was 3.83 million sqm at an average price of $1.20/sqm. Total share in export is 7%. Colombia, Mexico , Guatemela and Chile are major exporting countries for Manomay Textile.

Nandan denim supplied the fabrics at the least average price of $1.06/sqm and Raymond UCO Denim at the most expensive price of $2.01/sqm. The leading buyers of Indian Denim Fabric include Armana Group, Ananta Garments, Artistic Designs, Kenpark, Hiradarmani, Refat Garments, Denimach,Tusuka, Kenpark, FGS Denim, CRS Denim Garments, and FJ MAGALHAES LDA.

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