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Indian's yarn imports from China surge amid rising raw material costs

17 Jul '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • From January-April ****, India imported ****.*** million kg of yarn from China, making up **.*% of its total yarn imports and marking a **.*% increase in value from the previous year.
  • High domestic raw material costs have led to a surge in yarn imports, posing challenges for the Indian spinning industry, but benefiting the weaving industry.

India’s yarn imports from China were worth $***.*** million in January to April ****. However, these imports were **.** per cent less in value compared to the January-April **** period, during which the imports were valued at $***.*** million. For the same period in **** and ****, the value of India&#**;s yarn imports was $***.*** million and $***.*** million, respectively, as per data provided by *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

In ****, India&#**;s yarn imports amounted to ***.*** million kg, with a total value of $*,***.*** million. This was an increase from ***.*** million kg ($*,***.*** million) in ****, ***.*** million kg ($***.*** million) in ****, and ***.*** million kg ($***.*** million) in ****

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