#Cotton Export Data from India

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Cotton Export from India: A Detailed Guide

Cotton is a crucial commodity in the global textile industry, and India stands as one of the leading players in cotton production and export. The cotton export from India significantly contributes to the country's economy, making it an essential topic for those interested in international trade and agriculture. This article delves into various aspects of cotton export from India, including raw cotton exports, leading cotton exporters, export data, and the countries importing Indian cotton.

History of Cotton Cultivation in India

India has a long history of cotton cultivation, dating back to ancient times. The Indus Valley Civilization is believed to have cultivated and woven cotton as early as 3000 BCE. Over the centuries, India has continued to develop its cotton industry, becoming a significant player on the global stage. The British colonial era saw the establishment of large cotton mills, and post-independence, India has further expanded its cotton cultivation and export capabilities.

Major Cotton Growing Regions in India

India's diverse climate allows for extensive cotton cultivation across various regions. The primary cotton-growing states include:

Gujarat: Known as the largest cotton-producing state in India, Gujarat contributes significantly to the country's raw cotton exports.

Maharashtra: Another major player, Maharashtra, has vast cotton fields and a robust cotton industry.

Telangana and Andhra Pradesh: These southern states also contribute considerably to India's cotton production, with numerous farms dedicated to growing high-quality cotton.

Punjab and Haryana: In the north, these states are known for their extensive use of modern agricultural techniques in cotton cultivation.

Types of Cotton Exported from India

India exports a variety of cotton types, including:

Shankar-6: A high-quality, long-staple cotton that is in demand globally.

MCU-5: Known for its superior spinning quality, this cotton type is favored by textile manufacturers.

DCH-32: A premium variety of cotton known for its fine quality and used in high-end textiles.

Leading Cotton Exporters in India

Several companies play a pivotal role in raw cotton exports from India. The top cotton exporters in India include:

Welspun India: A major player in the textile industry, Welspun India is known for its high-quality cotton exports.

Vardhman Textiles: This company has a strong presence in the global market, exporting a significant amount of cotton annually.

Nahar Spinning Mills: Known for its large-scale operations and quality products, Nahar Spinning Mills is a key exporter of Indian cotton.

Cotton Export Data from India

India's cotton export data provides valuable insights into the industry's performance. According to India cotton export statistics, the country exported approximately 1.8 million bales of cotton in the 2020-2021 fiscal year. This data highlights the significance of cotton in India's agricultural exports and its impact on the global market.

Export Process and Quality Control

The process of exporting cotton from India involves several steps to ensure the quality and consistency of the product:

Cultivation and Harvesting: Indian farmers use a combination of traditional and modern techniques to cultivate and harvest cotton, ensuring high yield and quality.

Ginning and Pressing: After harvesting, cotton undergoes ginning to separate the seeds from the fibers. The fibers are then pressed into bales for export.

Quality Control: To maintain high standards, cotton exporters in India adhere to strict quality control measures, including inspections and certifications from organizations such as the Cotton Association of India (CAI) and the Textile Committee.

Cotton Export from India to Which Country?

Indian cotton is exported to several countries worldwide, with major importers including:

China: As the largest importer, China relies heavily on Indian cotton for its extensive textile industry.

Bangladesh: Another significant market, Bangladesh imports large quantities of Indian cotton to fuel its booming garment sector.

Vietnam: Known for its rapidly growing textile industry, Vietnam is a key destination for Indian cotton.

Indonesia and Turkey: These countries also import substantial amounts of cotton from India, using it in their textile and apparel industries.

Challenges Faced by Cotton Exporters in India

Despite the successes, cotton exporters in India face several challenges:

Fluctuating Prices: Global cotton prices can be highly volatile, affecting the profitability of cotton exports.

Quality Issues: Ensuring consistent quality is crucial, as any lapse can lead to rejections and financial losses.

Competition: India faces strong competition from other major cotton producers such as the United States, Brazil, and Australia.

Climate Change: Unpredictable weather patterns can impact cotton yields and quality, posing a significant risk to the industry.

Future Prospects for Cotton Export from India

The future of cotton export from India looks promising, with several opportunities for growth:

Emerging Markets: New markets in Africa and the Middle East present potential for expanding Indian cotton exports.

Technological Advancements: The adoption of modern agricultural techniques and technologies can boost productivity and quality.

Sustainable Practices: Emphasizing sustainable and organic cotton farming can attract more international buyers concerned with environmental impact.

Conclusion

Cotton export from India is a vital component of the country's agricultural and economic landscape. With its rich history, diverse growing regions, and high-quality product, India continues to be a major player in the global cotton market. Despite challenges, the industry's future remains bright, driven by innovation, quality control, and expanding market opportunities.

FAQs

1) What are the major cotton-growing regions in India?

The major cotton-growing regions in India include Gujarat, Maharashtra, Telangana, Andhra Pradesh, Punjab, and Haryana.

2. Which are the top cotton exporters in India?

Top cotton exporters in India include Welspun India, Vardhman Textiles, and Nahar Spinning Mills.

3. What types of cotton does India export?

India exports various types of cotton, including Shankar-6, MCU-5, and DCH-32.

4. What challenges do Indian cotton exporters face?

Indian cotton exporters face challenges such as fluctuating prices, quality issues, competition, and climate change.

5. Which countries import the most cotton from India?

China, Bangladesh, Vietnam, Indonesia, and Turkey are among the largest importers of Indian cotton.

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India leads in producing and exporting high-quality raw cotton, contributing to foreign exchange earnings. Key players include Welspun India, Vardhman Textiles, Trident Group, Arvind, and Nahar Spinning Mills. India's future looks promising due to global demand and technological advancements. Check out our blog for full details.

[exportimportdata3]

Explore the dynamics of India's cotton export market in 2024 with Seair Exim Solutions. Gain valuable insights into the latest trends, buyer-seller dynamics, and regulatory updates shaping the industry. Unlock comprehensive data and analysis to navigate the evolving landscape of cotton exports from India.

[anamseair]

https://www.seair.co.in/blog/cotton-export-from-india-2022-23-data.aspx

Explore the latest insights into cotton export from India in our Seair Exim Solutions blog. Delve into the data from 2023-24 to uncover key statistics, market dynamics, and emerging opportunities in the cotton export sector.

[ethiholic]

Lululemon

Worker Wage - ★★☆☆☆

Based on the available information, we have found that Lululemon salaries in the US range from $8-$24.15, which is 9% below the national average. While Lululemon does not publish information on the wages of garment workers, outside sources state that the factory workers, who produce Lululemon’s garments, claim to be paid $110 a month in Bangladesh.

Working Conditions - ★☆☆☆☆

Their clothing is produced in Canada, the US, Peru, China, Bangladesh, Indonesia, India, Israel, Taiwan, South Korea, Malaysia, Cambodia, Sri Lanka, Vietnam, and Switzerland. Lululemon’s outsourced labor has raised questions in the past as to the treatment of the garment workers. In an investigation conducted by The Guardian, the workers claim to have been physically assaulted, verbally abused, and forced to work overtime, while making significantly less than the living wage.

Sustainable Materials - ★★☆☆☆

Lululemon says they aim to source more sustainable raw materials and fibers including recycled and renewable and recycled polyester and nylon. They aim to achieve at least 75% sustainable materials by 2025. Currently, they use low quantities of cotton and recycled materials. According to changingmarkets.org, Lululemon uses 23,390 tonnes of synthetics and 62% synthetic fibers in the production of their garments.

Environmental Impact - ★★★☆☆

On Lululemon’s website, they stress the company's aim towards reducing their carbon footprint by “eliminating waste and closed-loop innovation, making progress toward clean water and better chemistry”. Their website also stresses their goals such as reducing 60% of emissions in all owned and operated facilities and across their global supply chain. They intend to progress toward their goal by sourcing renewable energy, partnering with their manufacturers, and sourcing more raw sustainable materials. They have also joined THE CLIMATE GROUP’S RE100, signed the UN Fashion Industry Charter for Climate Action. There is no evidence of Lululemon reducing their carbon emissions during the logistics stage of exportation.

Social Impact - ★★★☆☆

In 2022, Lululemon announced they would be donating $75.3 million to the BC Parks Foundation to support environmental preservation and habitat conservation efforts in British Columbia.

Inclusivity - ★★☆☆☆

Sizes at Lululemon range from XS-XXL, and model diversity does not reflect diverse sizing. Prices tend to be on the higher end.

Sources:

https://shop.lululemon.com/

[palmoilnews]

Better harvest in rice, wheat, millets to fuel record output 2024/09/26 New Delhi, Sept. 25 -- India is set to achieve a record foodgrain production of 332.29 million tonnes (mt) in the 2023-24 July-to-June agricultural year, according to final estimates released by the agriculture ministry on Wednesday. This represents an increase of 2.61 mt from the previous year's total of 329.68 mt. The growth has been attributed to favourable production in key categories such as rice, wheat and millets. While foodgrain production as a whole scaled new highs, pulses and coarse cereals faced challenges in the 2023-24 season. Total pulse production was estimated at 24.25 mt, with tur (pigeon pea) at 3.42mt and gram at 11.04 mt. The low production of pulses is expected to lead to an increase in imports, as the average annual consumption of pulses in the country is estimated at 27 mt. Mint reported on 4 September that despite record sowing of pulses during the kharif season, India's goal of becoming self-reliant in pulses by 2027 seems to be slipping out of reach, as production has continued to decline from 27.3 mt in FY22 to 26 mt in FY23. The Indian agricultural year, or crop year, straddles two main seasons-kharif (sown during monsoon, harvested in autumn) and rabi (sown in winter, harvested in spring). Bad weather-specifically drought-like conditions in Maharashtra and prolonged dry spells in Rajasthan in August-affected the output of pulses, coarse cereals, soybean and cotton, especially during the rabi season. Rice production in 2023-24 set a record at 137.83 mt, an increase of 2.07 mt (or 1.52%) from 135.76 mt in the previous year. Wheat production also reached a new high at 113.29 mt-2.74 mt higher (or 2.48%) than the 110.55mt produced in 2022-23, the data showed. A good harvest of rice and wheat is crucial for maintaining food security for the country's population of over 1.4 billion. The production of millets has gained attention in recent years due to its resilience to climatic challenges and its nutritional value. For the 2023-24 season, millet production is estimated at 17.57 mt, slightly up from the previous year's 17.32 mt, the data showed. In 2023-24, oilseed production also grew significantly, with total output estimated at 39.67 mt. Rapeseed and mustard reached a record production of 13.26 mt. Oilseed crops soybean and groundnut were estimated at 13.06 mt and 10.18mt respectively. Sugarcane, a critical cash crop for millions of farmers across the country, was estimated at 453.16 mt. While sugarcane production has remained relatively stable, the crop's water-intensive nature has led to increased scrutiny and calls for more sustainable agricultural practices, especially in water-scarce regions. Cotton, another key component of India's agricultural economy, was estimated at 32.52 million bales (weighing 170 kg each), while jute and mesta production is pegged at 9.69 million bales (weighing 180 kg each). Both cotton and jute are essential to India's textile industry, providing raw materials for domestic manufacturing as well as exports. Similarly, total production of nutri/coarse cereals was estimated at 56.94 mt, with maize accounting for 37.67 mt. Coarse cereals, which include crops like sorghum, pearl millet and finger millet, are important for food security in arid and semi-arid regions, but their production was hampered by the drought-like conditions in some states.

[seairexim]

The Growth of Textile Exports from India: An Informative Overview

India, a country with a rich history and cultural heritage, has always been renowned for its textile industry. With a legacy that spans thousands of years, the Indian textile sector has not only served the domestic market but has also made a significant impact on the global stage. In recent years, there has been substantial growth in textile exports from India, driven by various factors such as government policies, technological advancements, and international trade agreements. This article delves into the dynamic growth of textile exports from India, highlighting key aspects that have contributed to India's success in the global textile market.

Overview of Textile Exports from India

Textile exports from India have seen a remarkable surge over the past decade. According to recent data, India is one of the world's largest exporters of textiles and apparel, accounting for a significant share of the global market. The country's diverse range of textile products, including cotton, silk, wool, and synthetic fibers, has enabled it to cater to various segments of the international market.

Several factors have contributed to the growth of textile exports from India. First and foremost is the availability of abundant raw materials. India is one of the largest producers of cotton, jute, and silk, which has provided a stable supply of high-quality raw materials for the textile industry. Additionally, the country has a large and skilled workforce, which has further bolstered the sector's competitiveness in the global market.

Leading Textile Exporters in India

Textile exporters in India have played a pivotal role in driving the country's export growth. These exporters range from large conglomerates to small and medium-sized enterprises (SMEs), each contributing to the sector's success. Some of the leading textile exporters in India have established themselves as global players, with a strong presence in markets such as the United States, European Union, and the Middle East.

Among the top textile exporters in India, notable names include Reliance Industries, Arvind Limited, Welspun India, and Vardhman Textiles. These companies have invested significantly in modern manufacturing facilities, research and development, and marketing efforts to enhance their global footprint. Furthermore, their commitment to quality, innovation, and sustainability has earned them a reputation as reliable suppliers in the international market.

The Textile Export Industry in India

The textile export industry in India is characterized by its diverse range of products and strong manufacturing capabilities. The industry encompasses various segments, including spinning, weaving, knitting, dyeing, printing, and garment manufacturing. Each segment contributes to the overall value chain, making India a one-stop destination for textile products.

Moreover, the industry has benefited from favourable government policies aimed at promoting exports. Initiatives such as the Scheme for Integrated Textile Parks (SITP), the Merchandise Exports from India Scheme (MEIS), and the Amended Technology Upgradation Fund Scheme (ATUFS) have provided financial incentives and support to textile exporters. These policies have not only stimulated investment in the sector but have also enhanced its global competitiveness.

Technological advancements have also played a crucial role in the growth of India's textile export industry. The adoption of modern machinery and automation has improved production efficiency, reduced labour costs, and enhanced product quality. Furthermore, the industry's focus on sustainability and eco-friendly practices has resonated well with international buyers, who are increasingly seeking sustainable and ethically produced textiles.

Comprehensive List of Textile Products Exported from India

India's textile exports encompass a wide array of products, reflecting the country's diverse manufacturing capabilities. A list of textile products exported from India includes:

Cotton textiles

Including cotton yarn, fabrics, and garments.

Silk textiles

Including silk fabrics and garments.

Woolen textiles

Including woolen yarn, fabrics, and garments.

Synthetic textiles

Including polyester, nylon, and acrylic yarns and fabrics.

Handloom textiles

Including traditional handwoven fabrics and garments.

Technical textiles

Including industrial fabrics, medical textiles, and agro textiles.

Home textiles

Including bed linen, towels, curtains, and upholstery fabrics.

Garments

Including men's, women's, and children's apparel.

This extensive range of products has enabled India to cater to diverse market segments and meet the varying demands of international buyers.

India Textile Exports Data Analysis

The analysis of India textile exports reveals some interesting trends and insights. The country's textile and apparel exports have grown consistently, with a compound annual growth rate (CAGR) of around 10% over the past few years. The key markets for Indian textile exports include the United States, the European Union, the United Arab Emirates, and China.

The data also highlights the increasing share of value-added products in India's export basket. While traditional products such as cotton and silk continue to dominate, there has been a noticeable shift towards higher-value products such as technical textiles and garments. This shift is indicative of the industry's focus on innovation, quality, and branding, which are essential for competing in the global market.

Furthermore, the export data underscores the importance of small and medium-sized enterprises (SMEs) in driving export growth. SMEs account for a significant portion of India's textile exports and have shown remarkable resilience and adaptability in responding to market changes. Their agility and entrepreneurial spirit have been instrumental in tapping new markets and expanding India's global footprint.

Conclusion

In conclusion, the growth of textile exports from India is a testament to the sector's robust capabilities, strategic initiatives, and relentless pursuit of excellence. The combined efforts of government policies, technological advancements, and the dedication of textile exporters have propelled India to the forefront of the global textile market. As the industry continues to evolve, it is poised to seize new opportunities and overcome challenges, ensuring sustained growth and success in the years to come.

For stakeholders in the textile industry, understanding the factors driving this growth and staying informed about emerging trends will be crucial for navigating the dynamic landscape of international trade. Whether you are a business owner, investor, or industry professional, leveraging the insights provided in this article can help you make informed decisions and capitalize on the vast potential of India's textile export sector. However, if you need textile HS codes, export data, or global trade data, you can connect with ExportImportData.in

Frequently Asked Questions (FAQs)

Q1. What are the primary factors contributing to the growth of textile exports from India?

The primary factors contributing to the growth of textile exports from India include the availability of abundant raw materials, a skilled workforce, favorable government policies, technological advancements, and a diverse range of products. Additionally, India's focus on quality, innovation, and sustainability has enhanced its competitiveness in the global market.

Q2. Which countries are the main importers of Indian textiles?

The main importers of Indian textiles include the United States, European Union, United Arab Emirates, China, and several other countries in Asia, Africa, and the Middle East. These countries have a high demand for Indian textiles due to their quality, variety, and competitive pricing.

Q3. What types of textile products does India export?

India exports a wide range of textile products, including cotton yarn and fabrics, silk textiles, woolen textiles, synthetic textiles, handloom textiles, technical textiles, home textiles, and garments. This diverse product range allows India to cater to various market segments and meet the demands of international buyers.

Q4. How has technology impacted the textile export industry in India?

Technology has significantly impacted the textile export industry in India by improving production efficiency, reducing labour costs, and enhancing product quality. The adoption of modern machinery and automation has enabled textile manufacturers to produce high-quality products at competitive prices. Additionally, technological advancements have supported the industry's focus on sustainability and eco-friendly practices.

Q5. What government policies have supported the growth of textile exports from India?

Several government policies have supported the growth of textile exports from India, including the Scheme for Integrated Textile Parks (SITP), the Merchandise Exports from India Scheme (MEIS), and the Amended Technology Upgradation Fund Scheme (ATUFS). These policies provide financial incentives, subsidies, and support for infrastructure development, technological upgradation, and marketing efforts, thereby enhancing the sector's global competitiveness.

Also Read: The Rise of Basmati Rice Export from India

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Anti-Crease Agent Market Size, Share Forecast 2030

Anti-Crease Agent Market size was valued at USD 856.1 million in 2022 which is expected to reach USD 1245.7 million in 2030 with a CAGR of 4.8% for the forecast period between 2023 and 2030. Anti-crease agents are incorporated with unique characteristics that significantly eliminate problems that occurred with residual oils, silicone, wax, fabrics derived from polyester, polyamide, etc. They are successively used to treat cotton and blends and impart anti-crease finishing and dimensional stability. The proper selection of anti-crease agent is achieved depending upon the type of fabric like weave pattern, its weight and construction.Nanoparticle-based anti-creasing agent is gaining prominent resemblance due to its water repellant characteristics along with antimicrobial properties.

Sample report- https://www.marketsandata.com/industry-reports/anti-crease-agent-market/sample-request

Performance of Finished Textiles is Improved by Anti-Creasing Agents 

Anti-creasing agents have emerged as an impeccable chemical compound due to their unique properties like miscibility, stability, physical appearance, and compatibility. It has numerous benefits and versatile nature for dyeing cotton, polyester, and their blends. During finishing of fabrics, it assists in preventing chaffing or crease marks. Anti-creasing agents are compatible with nonionic and anionic products and remain stable to diluted acids and alkalis. The cost management for terry towels is substantially achieved using anti-creasing agents where the lubrication property led to weight loss minimization during pretreatment and dyeing processes. Kolor Jet Chemical Pvt. Ltd. has developed efficient dyebath lubricants for knit fibers to eradicate the crease marks along with reducing fiber to fiber friction and leave no dyes effects on the fabrics.

Data released by the Ministry of Textiles, India states that FDI has invested a humongous capital of USD 1,522.23 million in the textile sector from 2017-2022. In 2022, the net value of the United States man-made fiber, textile and apparel shipments accounted an estimated over USD 65.8 billion where the export of fibers, textiles contributed to around USD 34 billion.

Anti-Creasing Agents Market is Propelled Due to its Importance in Multiple Applications

Anti-creasing agents with their unique characteristics form a thin uniform protective coating surrounding the fiber to reduce the surface friction and ultimately lower the formation of stringent creases during high temperature wet processing. Knit fabric of essential blends, cellulose and synthetic fibers are processed through scouring, bleaching, dyeing, and soaping processes that became easier by using anti-creasing agents. HT Fine Chemical Co., Ltd. produces a special bath anti-creasing agent which while processing remarkably reduces the friction between fibers and its dyeing tank that reduces scratches and creases due to their smoothing and softening characteristics. Special polymer dispersion in the anti-creasing agents is solely responsible to prevent fabric rope from creasing during the pre-treatment, dyeing and post-processing.

In March 2022, the European Commission has represented its vision for textile industry which estimated that in 2021 the turnover of USD 166.99 with an increment of around 11%. Around 33% of companies are textile-based across the European Union that accounts for micro and SMEs’ enterprises. With such an impeccable figures Europe has extreme potential for anti-creasing agent market that generates phenomenal opportunities to expand.

Novel Anti-creasing Agent for Improving the Textile Bath of Fabrics

The problem of crease mark, stripped mark and other faults are usually encountered during small bath ratio case and rapid cloth speed case. Unique anti-creasing agent in the textile bath comprises of nonionic polymer, anionic polymer, water treatment agent, mould inhibitor that is used for rope dyeing of texture. Under the influence of mechanical tension, the dynamic coefficient of friction is significantly higher that produces wrinkle seal, unwanted shank seal defects during airflow dyeing machine where the speed is greater than 200 meters/minutes. The incorporation of anti-creasing agent resolves such problems during the textile bath.

Anti-Crease Agent Market: Report Scope

 Anti-Crease Agent Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Anti-Crease Agent Market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/anti-crease-agent-market

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Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

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Water-Based Pigment Inks For Textile & Apparel Market - Forecast(2024 - 2030)

Water-Based Pigment Inks For Textile & Apparel Market Overview

Water-Based Pigment Inks For Textile & Apparel Market size is expected to be valued at $272.0 million by the end of the year 2026 and is set to grow at a CAGR of 5.3% during the forecast period 2021-2026. Water-based pigment ink contains pigments in a colloidal suspension with water as solvent. In comparison to other types of pigment inks, water-based pigment inks produce brighter colors and also provide light-fastness. The water-based pigment inks come in larger particle levels and therefore, it is not easily decomposed by the light. Water-based pigment inks tend to resist water and UV light better than dye-based ink and can restrain from fading for a longer period. The increasing adoption of water-based pigment inks owing to their economical uses and the growth surge of the textile industry is also contributing to the growth of the Water-Based Pigment Inks For Textile & Apparel Market. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

COVID-19 impact

Amid the Covid-19 pandemic, the water-based pigment inks market was hugely affected, owing to the various legal and economic restrictions laid by governments across the world. The decline in the growth of the related industries is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Indian textile and apparel exports in 2020-2021 are almost 13% less (in dollar terms) than the previous year, provisional data available with the Cotton Textiles Export Promotion Council shows. The exports were worth US$29 billion last year as against US$34 billion in 2019-2020. According to the National Council of Textile Organizations (NCTO), the U.S. textile and apparel shipments decreased from US$75.8 billion in 2019 to US$64.4 billion in 2020. This is majorly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. 

Report Coverage 

The report: “Water-Based Pigment Inks For Textile & Apparel Market– Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Water-Based Pigment Inks for Textile & Apparel Industry.

By Resin Type: Acrylic, Alkyd, Epoxy, Polyamide, Hydrocarbon, Melamine, Maleic, Shellac, and Others.

By Pigment Type: Organic Pigment, Inorganic Pigment (White [Titanium Dioxide, Zinc Oxide, Zinc Sulfide and Others], Colored [Chrome Yellow, Molybdenum Orange, Iron Red and Others], Black, Metallic, and Others.

By Application: T-shirts, Signage Flags, Home Furnishing Fabrics, Sports Apparel, Fashion Textile and Others.

By Geography: North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America) and RoW (Middle East and Africa).

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Key Takeaways

Asia-Pacific market held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market owing to increase in investments in the textile industry and growth of the textile industry.

Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market.

The growth in the textile industry is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

Amid the Covid-19 pandemic, the Water-Based Pigment Inks For Textile & Apparel Market were majorly affected in terms of sales and distribution during the global pandemic. The situation is however set to improve by the end of the year 2021.

Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis –By Resin Type

Acrylic segment held the largest share of 38% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020. Acrylic based pigments are water-based pigments and is produced through the process of rheology. It is mostly used on textile substrates such as cotton/polyester combined fabric, cotton fabric and other textile materials. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. Acrylic resin emulsion is soft, anti-crocking agent and acts as the printing binder for textile printing and finishing. This will exponentially increase the demand for acrylic segment in the Water-Based Pigment Inks For Textile & Apparel Market.

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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Pigment Type

Inorganic pigment segment held the largest share of 59% by revenue in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 4.89% during the forecast period 2021-2026. The color pigment inks, especially chrome yellow garnered the most demand owing to its power of lightfastness. Chrome yellow consists of lead chromate and solid solutions of lead chromate and lead sulfate, which reacts to acid and alkalis and changes color accordingly. Reaction of chrome yellow with acid leads to the formation of orange dichromate ion and the reaction with alkali leads to the formation of pale-yellow chromate ion. Chrome yellow is a crystalline mineral consisting of lead chromate which can vary in hue from primrose yellow to orange. The yellow chrome pigments consist of fine particles that are dense and opaque. This is driving the demand for inorganic pigment in the Water-Based Pigment Inks For Textile & Apparel Market.

Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Application

Fashion textile segment held the largest share in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, with a growing CAGR of 6.0% during the forecast period 2021-2026. The increase in the use and production of fashion textiles in the recent days is one of the major factors driving the demand for Water-Based Pigment Inks For Textile & Apparel Market. According to World Resource Institute, 20% of water pollution comes from the traditional textile coloration. Whereas the use of water-based pigment inks is eco-friendly, eliminates VOC emissions due to which manufacturers are leaning towards water-based printing ink which is driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

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Water-Based Pigment Inks For Textile & Apparel Market Segment Analysis – By Geography 

Asia-Pacific region held the largest share of 37% in the Water-Based Pigment Inks For Textile & Apparel Market in the year 2020, and is growing with a CAGR of 6.2% during the forecast period 2021-2026. According to data released to the Global Times by e-commerce giant Alibaba in China, clothing products were the best performer in the second half of the year 2020, climbing from ninth to fourth place on a list of the most popular product categories. The amount of apparel sold on Alibaba.com increased by 274 percent year over year in September, with the number of purchasers increasing by 266 percent. Furthermore, the textiles and apparel industry in India accounts for 13% of industrial production and 12% of export revenues, with a GDP contribution of 2.3%. The Ministry of Industry and Commerce of Paraguay stated in February 2021 that it will invest US$1.1 million in the manufacturing sector, primarily helping the apparel, textiles, and footwear industries, as well as other assembly operations. According to a recent report by the Australian Fashion Council (AFC), the Australian fashion and textile industry contributed more than US$18.6 billion (Au$27.2 billion) to the country's GDP in 2020-21. This is driving the Water-Based Pigment Inks For Textile & Apparel Market in the Asia-Pacifc region.

Water-Based Pigment Inks For Textile & Apparel Market Drivers

Increasing adoption of water-based pigment inks is one of the major factors driving the Water-Based Pigment Inks For Textile & Apparel Market

Water-based pigment inks has more advantages such as improved plant safety and a significantly lower environmental impact as compared to other types of pigment inks. Water-based pigment inks provide viable solutions to rather complicated problems in the textile industry such as pattern printing, dye ink absorption into the fibre and others. The usage of water-based pigment inks also poses less environmental threat as water-based ink pigments usually contains large volumes of water and a substantially lower content of (>1%) volatile organic compounds as compared to other types of pigment inks. This also makes water-based pigment inks to be easily stored, without much damage to the surroundings. Water-based pigment inks absorbs better than solvent-based pigment inks and thus gives consistent pigment to the fabric. Water-based pigment inks are also inflammable as compared to solvent-based pigment inks. This is majorly driving the demand for Water-Based Pigment Inks For Textile & Apparel Market.

Water-Based Pigment Inks For Textile & Apparel Market Challenges

Volatile price of water-based pigment ink is significantly restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market

The volatile prices of the various raw materials used in manufacturing water-based pigment inks is one of the major challenges restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. For instance, Allnex, a global producer of industrial coating resins and additives, increased the prices of solvent borne and waterborne acrylics resins in Europe, Middle East and Africa during March 2021. This price hike further increased the price of critical raw materials, leading to an increase to US$0.18 /Kg (€/0.15 kg). Thus, the cost of raw materials is continuously increasing or fluctuating because of factors such as transportation & logistics, increasing demand, depletion of natural resources and more, which is affecting the price of water-borne pigment inks. Furthermore, in March 2021, the British Coatings Federation (BCF) has warned that a lack of critical raw materials and packaging, as well as major price hikes, could be the most pressing challenges for the coatings and printing ink industries in 2021. Thus, the volatility and increase in prices of raw materials such as titanium dioxide, acrylic, epoxy, polyamide and more is expected to create a significant challenge for the water-borne pigment inks market manufacturers during the forecast period. 

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The curing time, printing speed, and cost restriction of water-based pigment inks is also restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market

As much as water-based pigment inks has advantages, it also has various disadvantages such as high cost, more curing time, and printing speed restriction. This is limiting the growth of the Water-Based Pigment Inks For Textile & Apparel Market. When compared to solvent based pigment inks, water-based pigment inks take significantly longer time to cure. During the curing phase, water-based pigment inks are more vulnerable to effect of environmental conditions, such as temperature and humidity. Hence, solvent-based resins are preferred for applications in humid environments that don't allow water-based pigment inks to cure properly. Also, solvent-based pigment inks are typically more resilient than water-based resins during the curing of the coating. According to the Lawson Screen & Digital Products, Inc., water-Based Ink can be more expensive and it doesn't work well dark colored garments because of its lack of opacity and bleed-resistance. In addition, the capital and fixed costs of switching from solvent-based to water-based technology are significant. Hence, solvent-based resins are still widely used by small-scale businesses in developing countries. Furthermore, due to the high surface energy of the water component, water-based pigment inks cannot wet and print smoothly on textile and apparel materials. According to the Ink Intelligence LLC, in the modern textile printing, the biggest challenge for water-based inks is to keep up with the high press speeds (in excess of 1000 ft/min) commonly in place for solvent inks. This is restricting the growth of the Water-Based Pigment Inks For Textile & Apparel Market.

Water-Based Pigment Inks For Textile & Apparel Market Industry Outlook

Acquisitions and mergers, production expansion, facility expansion collaborations, partnerships, investments, are some of the key strategies adopted by players in the Water-Based Pigment Inks For Textile & Apparel Market. Major players in the Water-Based Pigment Inks For Textile & Apparel Market are:

Sun Chemical

DuPont de Nemours, Inc.

Huntsman Corporation

INX International Ink Co.

Mimaki Engineering Co., Ltd.

Avient Corporation

Huber Group

Spectrachem

Velvet Jet

Molkem

Inknovators

Achitex Minerva Group

Livingink

Virusinks

Covestro AG

Acquisitions/Technology Launches

In June 2021, Sun Chemical and DIC Corporation finalized the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE), a strategic partner which aims for high growth and high added value by expanding functional pigments into niche applications.

In June 2019, Huntsman Corporation launched a water-based digital ink “Novacron Advance. The product is used in cellulosic and polyester/cotton blends.

[electronalytics]

Residential Gas Generators Market Analysis 2023 Dynamics, Players, Type, Applications, Trends, Regional Segmented, Outlook & Forecast till 2033

The growth of the Residential Gas Generator Market is forecasted at a CAGR of 9.5% during 2024-2033.

The competitive analysis of the Residential Gas Generators Market offers a comprehensive examination of key market players. It encompasses detailed company profiles, insights into revenue distribution, innovations within their product portfolios, regional market presence, strategic development plans, pricing strategies, identified target markets, and immediate future initiatives of industry leaders. This section serves as a valuable resource for readers to understand the driving forces behind competition and what strategies can set them apart in capturing new target markets.

Market projections and forecasts are underpinned by extensive primary research, further validated through precise secondary research specific to the Residential Gas Generators Market. Our research analysts have dedicated substantial time and effort to curate essential industry insights from key industry participants, including Original Equipment Manufacturers (OEMs), top-tier suppliers, distributors, and relevant government entities.

Receive the FREE Sample Report of Residential Gas Generators Market Research Insights @ https://stringentdatalytics.com/sample-request/residential-gas-generators-market/15872/ 

Market Segmentations:

Global Residential Gas Generators Market: By Company Yamaha Motor Cummins Kohler Greaves Cotton Generac KOEL Green Su-Kam Honda Siel Power Products

Global Residential Gas Generators Market: By Type Stationary Portable

Global Residential Gas Generators Market: By Application Below 100 kVA 100-350 kVA 350-1000 kVA Above 1000 kVA

Regional Analysis of Global Residential Gas Generators Market

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Residential Gas Generators market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Click to Purchase Residential Gas Generators Market Research Report @ https://stringentdatalytics.com/purchase/residential-gas-generators-market/15872/?license=single 

Key Report Highlights:

Key Market Participants: The report delves into the major stakeholders in the market, encompassing market players, suppliers of raw materials and equipment, end-users, traders, distributors, and more.

Comprehensive Company Profiles: Detailed company profiles are provided, offering insights into various aspects including production capacity, pricing, revenue, costs, gross margin, sales volume, sales revenue, consumption patterns, growth rates, import-export dynamics, supply chains, future strategic plans, and technological advancements. This comprehensive analysis draws from a dataset spanning 12 years and includes forecasts.

Market Growth Drivers: The report extensively examines the factors contributing to market growth, with a specific focus on elucidating the diverse categories of end-users within the market.

Data Segmentation: The data and information are presented in a structured manner, allowing for easy access by market player, geographical region, product type, application, and more. Furthermore, the report can be tailored to accommodate specific research requirements.

SWOT Analysis: A SWOT analysis of the market is included, offering an insightful evaluation of its Strengths, Weaknesses, Opportunities, and Threats.

Expert Insights: Concluding the report, it features insights and opinions from industry experts, providing valuable perspectives on the market landscape.

Report includes Competitor's Landscape:

➊ Major trends and growth projections by region and country ➋ Key winning strategies followed by the competitors ➌ Who are the key competitors in this industry? ➍ What shall be the potential of this industry over the forecast tenure? ➎ What are the factors propelling the demand for the Residential Gas Generators? ➏ What are the opportunities that shall aid in significant proliferation of the market growth? ➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Residential Gas Generators? ➑ How has the covid-19 impacted the growth of the market? ➒ Has the supply chain disruption caused changes in the entire value chain? Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@stringentdatalytics.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1 346 666 6655 to share your research requirements.

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[pmiabsolute]

LED Stage Lighting Market Size, Share, Analysis And Opportunities To 2031

The latest released study on Market report 2024-2031, cover all features of the market, providing up-to-date data on present trends and it is a valuable source of insightful data for business strategists.

 It explores the latest trends and figures, market size, the scope of demand, growth rate analysis, providing an extensive examination of the market share. Also focuses on the market study, current advancements, competitive landscape examination, segments the forecast by type, application, geography, market size and main players. In addition to highlighting the important factors driving and restraining the market, value chain, technical enhancements, prospects, future roadmaps and distributor analysis, SWOT, Porter’s 5-forces study frameworks, the report presents a thorough study of upcoming trends and developments in the industry.

This study projection presents an extremely detailed valuation of the recent situation and future trajectory in the global  with a transparent approach based on hundreds of bottom-up qualitative and quantitative market inputs.

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Regional Outlook 

Geographically, the worldwide  market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)).

Key Points of  Market Report are: -

·          Market Size Estimates: Solvents Market size estimation in terms of value and sales volume from 2031

·         Market Trends and Dynamics:  Market drivers, opportunities, challenges, and risks

·         Macro-economy and Regional Conflict: Influence of global inflation and Russia and Ukraine War on the  Market

·         Segment Market Analysis: Market value and sales volume by type and by application from 2031

·         Regional Market Analysis: Market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa

·         Country-level Studies on the Market: Revenue and sales volume of major countries in each region

·         Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.

·         Trade Flow: Import and export volume of the Market in major regions.

·         Industry Value Chain: Market raw materials and suppliers, manufacturing process, distributors, downstream customers

·         Industry News, Policies and Regulations

Table Of Content:

1. Introduction

2. Key Takeaways

3.Research Methodology

4.Global Nutritional Drink Market Landscape

4.1 Market Overview

4.3 Porter's Five Forces Analysis

4.4 Ecosystem Analysis

4.5 Expert Opinion

5.Nutritional Drink Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing demand industry.

5.1.2 Advanced benefits.

5.2 Market Restraints

5.2.1 Limited adoption by farmers in agro-based economies.

5.2.2 High transportation cost of raw material and the possibility of contamination

5.3 Market Opportunities

5.3.1 Increasing demand for organic food products.

5.3.2 Increasing prevalence.

5.3.3 Biochar applications in the construction industry

5.4 Future Trends

5.4.1 Growing adoption of.

5.5 Impact Analysis of Drivers and Restraints

6. Global Market Analysis

6.1 Market Overview

6.2 Market -Revenue and Forecast to

6.3 Market -Volume and Forecast to

6.4 Competitive Positioning - Key Market Players

To Be Continued…!

Reasons to Purchase Report:

1. Current and future of Global  market outlook in the developed and emerging markets.

2. Analysis of various perspectives of the market with the help of Porter’s five forces analysis.

3. The segment that is expected to dominate the Global  market.

4. Regions that are expected to witness the fastest growth during the forecast period.

5. Identify the latest developments, Global  market shares, and strategies employed by the major market players.

Research Methodology:

Based on the data you provided, it seems that the research methodology for the report from us involved both primary and secondary research. 

We follow a robust valuation methodology that offers data triangulation based on top-down, bottom-up tactics, and authentication of the projected market numbers through main research. The data used to evaluation the  market size and forecast for many segments at the global, region, and nation level is derived from the most reliable published sources and through interviews with the correct stakeholders.

Key Benefits for Industry Participants & Stakeholders:

·         Global Industry drivers, restraints, and opportunities covered in the study

·         Neutral perspective on the market performance

·         Present industry trends and developments

·         Competitive landscape & strategies of main players

·         Potential & niche segments and areas exhibiting promising development covered

·         Historical, present, and projected market size, in terms of value

·         In-depth study of the  Market

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[exportimportdata-blog]

Cotton Export from India: A Comprehensive Analysis

India has long been a major player in the global cotton market, owing to its favorable climate, vast agricultural land, and rich history of cotton cultivation. The country is renowned for its high-quality cotton, which is exported to numerous countries worldwide. This article delves into various aspects of cotton export from India, focusing on raw cotton export from India, leading cotton exporters in India, and detailed cotton export data from India. Additionally, it examines India cotton export statistics, the countries to which India exports cotton, and the top cotton exporters in India.

Historical Context and Significance

India's relationship with cotton dates back to ancient times. The country is one of the original homes of cotton cultivation and textile production. Historically, Indian cotton textiles were highly prized across the world, contributing significantly to the country's economy. This legacy continues today, with India being one of the largest producers and exporters of cotton globally.

Current State of Cotton Export from India

Production and Quality

India's cotton production is centered in states like Gujarat, Maharashtra, Andhra Pradesh, and Tamil Nadu. The country produces a variety of cotton types, including short-staple, medium-staple, and long-staple cotton, catering to different segments of the global market. The quality of Indian cotton is widely recognized, with certain varieties like Shankar-6 from Gujarat being particularly sought after.

Export Dynamics

Cotton export from India includes both raw cotton and cotton yarn. The country has established itself as a reliable supplier in the international market. Raw cotton export from India has seen significant growth over the years, driven by increasing demand from countries with burgeoning textile industries.

Cotton Export Data from India

Analyzing cotton export data from India provides valuable insights into the industry's trends and dynamics. Over the past decade, India has consistently ranked among the top cotton exporters in the world. The volume of raw cotton export from India has shown a steady increase, reflecting the country's capacity to meet global demand.

Volume and Value

According to the latest India cotton export statistics, the country exported approximately 1.5 million bales of raw cotton in the 2020-2021 fiscal year. This represented a slight increase from the previous year, despite challenges posed by the COVID-19 pandemic. The total value of these exports was around USD 1 billion, highlighting the economic significance of the sector.

Major Markets

Cotton exporters in India to various countries underscores the global reach of Indian cotton. Key destinations include Bangladesh, China, Vietnam, and Pakistan. These countries have robust textile industries that rely heavily on imported cotton. Bangladesh, in particular, has emerged as the largest importer of Indian cotton, driven by its thriving garment manufacturing sector.

Cotton Exporters in India

The success of cotton export from India can be attributed to the efforts of numerous exporters who ensure the quality and timely delivery of cotton to international markets. Several companies have made a name for themselves in this sector, becoming synonymous with reliability and quality.

Prominent Exporters

Some of the top cotton exporters in India include:

Welspun India Ltd. A leading name in the textile industry, Welspun India Ltd. is renowned for its high-quality cotton products. The company exports a significant portion of its raw cotton production to various countries.

Vardhman Textiles Ltd. Vardhman Textiles Ltd. is another major player in the Indian cotton export market. The company has a strong presence in the international market, with exports constituting a substantial part of its business.

Nahar Spinning Mills Ltd. Known for its superior quality cotton yarn, Nahar Spinning Mills Ltd. is a prominent exporter of raw cotton from India. The company has a well-established export network, catering to clients worldwide.

Arvind Limited Arvind Limited is a diversified conglomerate with significant operations in the textile sector. The company exports large volumes of cotton and cotton products to numerous countries.

Challenges and Opportunities

While the cotton export industry in India has seen considerable success, it is not without challenges. Fluctuating global cotton prices, competition from other cotton-producing countries, and logistical issues are some of the hurdles faced by Indian exporters. However, there are also significant opportunities, particularly in emerging markets and through advancements in cotton processing technologies.

India Cotton Export Statistics

A closer look at India cotton export statistics reveals interesting trends and patterns. Over the past few years, there has been a noticeable shift in the destinations of Indian cotton exports. While traditional markets like China and Bangladesh remain dominant, new markets in Southeast Asia and Africa are emerging.

Export Trends

Rising Exports to Vietnam and Indonesia These countries have seen a rapid expansion of their textile industries, leading to increased demand for raw cotton from India.

Decreased Exports to China Although China remains a major importer, its share of Indian cotton exports has decreased slightly, possibly due to its own efforts to boost domestic cotton production and imports from other sources.

Increased Exports to Bangladesh Bangladesh continues to be the largest importer of Indian cotton, driven by its massive garment manufacturing industry which relies heavily on imported cotton.

Cotton Export from India to Which Country?

Understanding the specific countries to which India exports cotton helps in comprehending the global demand dynamics. Cotton export from India to which country are spread across various regions, with Asia being the largest market. Here’s a breakdown of the major importers:

Asia

Bangladesh As the largest importer, Bangladesh accounts for a significant portion of India’s cotton exports. The country's garment industry, one of the largest in the world, depends heavily on Indian cotton.

China China, despite recent fluctuations, remains a key market for Indian cotton. The country's textile industry is vast, and Indian cotton is an essential raw material.

Vietnam Vietnam’s textile sector has grown rapidly, leading to increased imports of Indian cotton. The country is now one of the top importers of Indian cotton.

Other Regions

Turkey Turkey imports Indian cotton to support its large textile and garment manufacturing industries.

Pakistan Given its proximity and shared cultural ties, Pakistan is a significant importer of Indian cotton, although political factors sometimes affect trade.

Indonesia Indonesia's expanding textile industry also relies on imports of Indian cotton.

Future Prospects

The future of cotton export from India looks promising, with several factors likely to influence its trajectory. The Indian government’s initiatives to support agriculture and improve export infrastructure, along with advancements in cotton farming techniques, are expected to boost the sector.

Technological Advancements

Adoption of better farming techniques and genetically modified cotton varieties can significantly increase yield and quality, making Indian cotton even more competitive in the global market.

Diversification of Markets

Expanding into new markets beyond traditional ones will be crucial. African and Latin American countries present untapped potential for Indian cotton exporters.

Sustainable Practices

With increasing global emphasis on sustainability, adopting eco-friendly farming and processing methods will enhance the appeal of Indian cotton in international markets.

Conclusion

Cotton export from India remains a vital component of the country’s economy, reflecting a rich heritage and a robust agricultural sector. The continuous demand for raw cotton export from India, coupled with the efforts of leading cotton exporters in India, ensures that the country maintains its position as a top player in the global cotton market. Detailed cotton export data from India and India cotton export statistics highlight the sector’s growth and potential. As India navigates the complexities of international trade, focusing on quality, sustainability, and market diversification will be key to sustaining and enhancing its cotton export industry.

[anamseair]

Cotton is one of India's most significant cash crops and fiber crops. Cotton plays a substantial part in the country's industrial and agricultural economies. It provides fiber, the primary raw material used in producing cotton textiles. To find accurate and updated cotton export data, you can visit the Seair Exim Solutions platform to gain access to the real-time Cotton Exporters Database in India. We provide authentic and genuine buyer data, supplier data, exporter data, HS codes, etc.

[importglobals03]

Export Import in Bangladesh 2023: Trends and Key Procedures

As per Custom Import Export Data, international trade represented 28% of Bangladeshi GDP in 2021.  The country is 46th largest goods trading partner with $9 billion in goods trade.

As per Bangladesh Import Data, the main imports of the country are cotton, machinery, mineral fuels and oils, electrical machinery and electronics, iron and steel, plastics, vehicles, animal or vegetable fats, oils and cereals, and man-made staple fibers.

The main import partners of the country are China, India, Singapore, United States, Japan, Hong Kong, Indonesia, Japan, South Korea, Malaysia and Brazil. Iron and steel posted the fastest growth among import categories.

Major Bangladesh machinery imports are computers, yarn, sewing machines, liquid pumps, and elevators. Bangladesh imported woven fabrics, uncombed cotton, woven cotton fabrics and yarn the most.

In year cotton imports was reported to be 23,773 BDT. The country has high domestic demand for yarn and fabrics. Thus it imports cotton in substantial amount. The country imported 46% of its cotton requirements from India.

The country also imports more yarn and it has shifted its focus towards India from China for importing man-made fibre yarn and fabric due to competitive pricing.

As per Bangladesh Export Data, the main exports of the country are ready-made garments, jute and jute manufacturing products, fish, shrimps, prawns, leather and leather items, home textile, and vegetable products, plastic and plastic products.

The main export partners are Singapore, Japan, United States, France, Spain and Germany. The country exports most of its jute to India. China and Bangladesh are the second largest exporter of Jute in the world.

The Jute industry exports around one billion dollars worth of jute from Bangladesh every year. The country has fetched $    548 million by selling jute and jute made products in the first seven months of the current financial year 2022-23.

The country’s leather industry exports increased by 27.41% totalling to 456.85 million US dollars; in 2021.  Leather footwear exports represented 61.11% of the total value generated. Finished leather exports totalled 56.48 million US dollars and the revenue of generated by the footwear exports amounted to 175.4 million US dollars.

Wrap up

Bangladesh is a growing economy with good scope of international trade. When planning to do business with Bangladesh it is important to collaborate with the professional data service provider to get authentic inputs like HS code, shipment and custom data, price/quantity of goods, origin/destination country and more to make informed business decisions.