Indian filament yarns export declines 24.1pc in April

In April 2016, all types of filament yarns export from India aggregated 32.2 million kg, declined 21.5 per cent YoY while value was down 24.1 per cent to US$53 million. Filament yarns include polyester, nylon, polypropylene and viscose filament yarns and were exported to 80 countries from India during the month.

More than 88 per cent of filament yarns were of polyester, of which, DTYs were the largest at 62.2 per cent. Brazil and Turkey continued to be the major importers of polyester filament yarns, followed by South Korea. The three together accounted for 47.6 per cent of polyester filament yarn exports. Brazil was also major importer of polyester DTYs and Bangladesh was major importer of PFYs.

USA was the major importer of nylon filament yarn in April while Sri Lanka and Japan were the other largest markets for nylon filament during the month.

Polypropylene filament yarns were exported to 13 countries in April and Djibouti was the major importer of PP yarns. USA and United Arab Emirates were the other major importers of PP filament yarns in April.

Viscose filament yarns were exported to 23 countries from India in April valued at US$4.1 million. During the month, 166,000 kg of VFYs were exported to Japan. It was followed by USA and Germany.

Courtesy:YnFx – Fibre and yarn Exports – India