India is one of the largest exporters of denim fabrics. The Export to different nations are analysed in this report. Also the average price and & share of major exporters can be seen in the report.
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Countrywise Export Analysis
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Leading Denim Suppliers
| PARTICULARS |
| Table showing country wise Denim Exports along with Average Price and % Share in Jan’2020 |
| Graph showing Average Price Of country wise Denim Exports in Jan’2020 |
| Graph showing % Share of Countries in Denim Exports in Jan’2020 |
| Table showing Leading Denim Suppliers along with Average Price and % Share in Jan’2020 |
| Graph showing Volume of Leading Denim Suppliers in Jan’2020 |
| Graph showing Average Price of Leading Denim Suppliers in Jan’2020 |
| Graph showing % Share of Companies in Denim Exports in Jan’2020 |
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COUNTRYWISE DENIM EXPORTS
There are 10 major countries where India exported approx 86% out of its total exports. The list primarily included Bangladesh, Colombia, Egypt, Gautemala, Sri Lanka, Madagascar and Republic of Korea . In the month of January, 2020, a major portion of exports belonged to Bangladesh which was approx. 33% and the total export figure to this country stood over 5 million mtrs and it was exported at an average price at $2.5/m.
The 2nd major country where exports were made was Colombia which had a 18.4% share in the total export during these two months. The total export made to colombia was 3 million mtrs at an average price of $1.8/m. Egypt is at #3 and had 11.3% share and Gautemala with 4.5% share stood at #4 in the list. Sri Lanka bought fabrics at the most expensive average price of $2.6/m however the Venezuela remained the cheapest importer during this period with an average price of $1.53/m.
In total over 17.7 million mtrs were exported from India globally . This is a reasonably good number keeping in mind that there are some exports which still escape attention due to wrong HS codes or descriptions used.Â
|
Country |
Volume(mtrs) |
Value(USD) |
Average Price($/m) |
% Share |
|
Bangladesh |
5,876,693.85 |
14,808,009.20 |
2.5 |
33.1 |
|
Colombia |
3,257,977.52 |
6,017,915.12 |
1.8 |
18.4 |
|
Egypt |
2,006,565.54 |
3,137,002.43 |
1.6 |
11.3 |
|
Guatemala |
796,629.63 |
1,584,586.73 |
2.0 |
4.5 |
|
Sri Lanka |
772,695.01 |
2,002,768.61 |
2.6 |
4.4 |
|
Madagascar |
697,502.04 |
1,434,796.31 |
2.1 |
3.9 |
|
Republic Of Korea |
526,706.08 |
1,154,732.42 |
2.2 |
3.0 |
|
Venezuela |
499,039.33 |
763,886.34 |
1.5 |
2.8 |
|
United States Of America |
409,414.02 |
827,110.66 |
2.0 |
2.3 |
|
South Africa |
389,543 |
603,492.95 |
1.5 |
2.2 |
|
Others |
2,515,900.08 |
5,418,531.17 |
2.15 |
14.2 |
|
Total |
17,748,666.10 |
37,752,831.94 |
2.13 |
100 |
COMPANYWISE DENIM EXPORTS
So far as the leading denim suppliers are concerned, in January 2020, the top three denim suppliers were as below:
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Arvind Ltd. – Total Denim Exported was 3.26 million mtrs at an average price of $2.8/m. Total share in export is 18.4%. Bangladesh, Sri Lanka and Gautemala are major exporting countries for Arvind.
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Jindal Worldwide Ltd. – Total Denim Exported was 1.57 million mtrs at an average price of $1.9/m. Total share in export is 8.9%. Amongst many, Colombia and South Africa are major export destinations for Jindal Worldwide Ltd.
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Raymond UCO Denim – Total Denim Exported was 1.53 million mtrs at the highest average price of $3/m. Total share in export is 8.7%. Bangladesh, Sri Lanka, Portugal, and Vietnam are major exporting countries for Raymond amongst many countries.
Ultra Denim supplied the fabrics at the least average price of $1.64/m and Raymond UCO Denim at the most expensive price of $3/m. The leading buyers of Indian Denim Fabric include Armana Group, Ananta Garments, Cassiopea Apparels Ltd.,Deniexperts Ltd.,Kenpark, Hiradarmani, Refat Garments, Denimach,Tusuka and Kenpark.
|
Exporter |
Volume(mtrs) |
Value(USD) |
Average Price($/m) |
% Share |
|
Arvind Ltd. |
3,261,936.88 |
9,010,172.99 |
2.8 |
18.4 |
|
Jindal Worldwide Ltd. |
1,574,093.16 |
2,970,708.04 |
1.9 |
8.9 |
|
Raymond Uco Denim PVt Ltd. |
1,538,390.42 |
4,668,155.05 |
3.0 |
8.7 |
|
Ultra Denim Pvt Ltd. |
1,272,825.38 |
2,046,625.33 |
1.6 |
7.2 |
|
Manomay Tex India Ltd. |
1,165,167.00 |
2,073,109.81 |
1.8 |
6.6 |
|
Sangam India Ltd. |
1,066,438.00 |
1,802,867.26 |
1.7 |
6.0 |
|
Nandan Denim Ltd. |
802,707.54 |
1,316,498.55 |
1.6 |
4.5 |
|
Oswal woollen Mills Ltd |
692,001.08 |
1,227,978.14 |
1.8 |
3.9 |
|
Suryalakshmi Cotton Mills Ltd. |
617,562.46 |
1,274,572.48 |
2.1 |
3.5 |
|
Bhaskar Industries Pvt Ltd. |
532,001.33 |
1,091,849.07 |
2.1 |
3.0 |
|
RSWM Ltd. |
507,319.82 |
1,092,834.40 |
2.2 |
2.9 |
|
Anubha Industries Pvt Ltd. |
434,554.88 |
870,159.71 |
2.0 |
2.4 |
|
Aarvee Denim And Exports Ltd. |
396,722.37 |
859,157.94 |
2.2 |
2.2 |
|
ETCO Textiles Pvt Ltd. |
332,297.49 |
584,994.65 |
1.8 |
1.9 |
|
Signet Denim Pvt Ltd. |
308,413.36 |
493,633.40 |
1.6 |
1.7 |
|
Others |
3,246,234.93 |
6,369,515.12 |
2.0 |
18.3 |
|
Total |
17,748,666.10 |
37,752,831.94 |
2.1 |
100 |
On the whole, the export scene of Indian denim fabrics is improving since there is huge pressure in domestic market and companies are looking overseas seriously . Many companies who were mainly domestic sellers turned to exports aggresively. We will see this trend to continue with higher vigour in this year – the China corona factor is expected to provide further impetus as global buyers look for alternative sources for their fabrics.
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