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India's garment exports to Singapore drop in volume, but avg price up

14 Apr '24
2 min read
India's garment exports to Singapore drop in volume, but avg price up
India's garment exports to Singapore drop in volume, but avg price up

Insights

  • In 2023, India's large garment exports to Singapore fell to **** million units from **** million in 2022, yet their value rose slightly to $***** million, with average prices increasing from $*.** to $*.** per unit.
  • Other types of garment exports, measured in kilogram and pair, declined in volume and value, with notable drops in average prices.

According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro, the average price of large garments increased from $*.** per unit to $*.** per unit during the year ****. While total value of large garment exports inched up to $**.*** million in the last year from $**.*** million in ****.

India classifies and records trade of garments in units (for large garments), kilogram, and pairs (small garments) as per size and value of garment to make data more realistic. Its ** per cent garment exports to Singapore were classified under large apparel.

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