Shipment of blended yarns up in volume, values decline

India’s blended spun yarns export was worth US$38.9 million in December 2015, down 6 per cent YoY while volumes were up 1.7 per cent to 14.2 million kg.

Polyester cottons yarns were exported to 49 countries in December 2015 aggregating US$18.9 million with a unit price realization averaging US$2.52 a kg, down US cents 15 as compared to December 2014. Export volumes surged by 5 per cent to 7.5 million kg, of which, 15.6 per cent was shipped by Egypt alone.

Bangladesh was the second largest importer of PC yarn from India and shipped 11.8 per cent of the total PC yarn imported in December followed by Morocco. Bangladesh imported 0.88 million kg of PC yarn from India worth US$2.65 million in December.

Apart from Bangladesh, Argentina, Honduras, Spain and South Africa were the fastest growing markets for PC yarns while Portugal, Italy and China significantly reduced their import of PC yarns from India.

Brazil and Chile were among the 8 countries that did not import any PC yarns from India during December. Latvia was the major destination among the 7 new markets found in December.

In December, US$11.9 million worth of PV yarns were exported from India with volumes at 4.6 million kgs. Turkey and Iran continued to be largest importers of PV yarns from India with total volume at 3.48 million kg worth at US$8.7 million.

Belgium and Lebanon were the fastest growing markets for PV yarns while Yemen, Kenya and South Africa reduced their PV yarns import from India.

Tunisia and Russia were the new major markets for PV yarn while 8 countries did not import any PV yarn during the month, including the major ones like Morocco, Chile and Thailand.

In December, 2.1 million kg of other blend of yarns were exported worth US$7.9 million.

Courtesy:YnFx – Fibre and yarn Exports – India