Overview
India’s exports of pantyhose, stockings, etc. have generally increased over the period, with significant growth in certain years. In 2016, the total India’s export US$ 72.4 Mn and in 2023 reached US$ 157.2 Mn. The United States, France, the United Kingdom, the United Arab Emirates, and Poland are the primary destinations for India’s exports in this category. Export values to individual countries have fluctuated over the years, reflecting various factors such as economic conditions, trade policies, and consumer preferences. The United Kingdom follows closely with a 9% market share, solidifying its position as a significant importer. The UAE holds a 8% market share, reflecting its growing importance as a destination for Indian textile exports.
United States: India’s exports to the United States have shown steady growth over the years, with a significant increase in 2021 US$ 85 Mn, but after 2021India Exports gradually decreases. The U.S. remains a major market for Indian textile products, offering opportunities for continued growth. The United States holds the largest market share with 30%, indicating its dominance as the primary destination for India’s exports in this category. USA also show strong growth rates, with CAGRs of 14%.
France: Exports to France have fluctuated, with a noticeable decline in 2018 followed by a recovery in subsequent years. Market Dynamics: Economic conditions and consumer preferences in France likely influence the demand for Indian products. France accounts for 9% of India’s exports in this category, indicating a strong market presence.
Poland: Moderate Growth: India’s exports to Poland have shown moderate growth, with some fluctuations. Poland’s growing economy and increasing consumer demand present opportunities for Indian exporters. India’s export Poland US$ 2.4 Mn in 2016 and US$ 7.9 Mn in 2023. Poland leads with a CAGR of 19%, indicating that India’s exports to Poland for this product category have grown at a significant rate over the specified period. Poland holds the smallest market share at 5%, suggesting a less significant role in India’s exports of pantyhose, stockings, etc.
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